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REG - Van Elle HoldingsPLC - PCA Share Purchase

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RNS Number : 6972W  Van Elle Holdings PLC  14 December 2023

Van Elle Holdings plc

('Van Elle', the 'Company' or the 'Group')

 

14 December 2023

 

PCA Share Purchase

Van Elle Holdings plc (AIM: VANL) announces that it has been notified that Mrs
Anne Marie Cutler, PCA of Mr Mark Cutler, Chief Executive Officer, has
purchased 100,000 ordinary shares of 2 pence each in the Company ("Ordinary
Shares") each at a price of 39.0 pence per share. Following this purchase, Mr
Cutler and those persons closely associates with him, are interested in
952,767 Ordinary Shares, representing approximately 0.89% of the Company's
voting share capital.

The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:

 1.                  Details of the person discharging managerial responsibilities / person closely
                     associated
 a.                  Name                                                         Mrs Anne Marie Cutler
 2.                  Reason for the notification
 a.                  Position/status                                              PCA of Mark Cutler, Chief Executive Officer
 b.                  Initial notification                                         Initial notification

                     /Amendment
 3.                  Details of the issuer, emission allowance market participant, auction
                     platform, auctioneer or auction monitor
 a.                  Name                                                         Van Elle Holdings plc
 b.                  LEI                                                          213800LQC6YL8KJT1Y18
 4.                  Details of the transaction(s): section to be repeated for (i) each type of
                     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
                     place where transactions have been conducted
 a.                  Description of the Financial instrument, type of instrument  Ordinary shares of 2p each

                     Identification code

                                                                                  ISIN: GB00BYX4TP46
 b.                  Nature of the transaction                                    Purchase of ordinary shares
 c.                  Price(s) and volume(s)                                                         Price(s)          Volume(s)
                     39.0p                                                                          100,000

 d.                  Aggregated information                                        N/A

                     -       Aggregated volume

                     -       Price

 e.                  Date of the transaction                                      13 December 2023
 f.                  Place of the transaction                                     London Stock Exchange, AIM

 

 

For further information, please contact:

 Van Elle Holdings plc                                   Via Walbrook

 Mark Cutler, Chief Executive Officer

 Graeme Campbell, Chief Financial Officer

 Peel Hunt LLP (Nominated Adviser and corporate broker)  Tel: 020 7418 8900

 Ed Allsopp / Ben Harrington

 Walbrook PR Limited                                     Tel: 020 7933 8780

                                                         or vanelle@walbrookpr.com
 Tom Cooper / Nick Rome                                  07971 221 972 or 07748 325 236

 

 

About Van Elle Holdings plc:

Van Elle Holdings is the UK's largest specialist geotechnical engineering
contractor. Formed in 1984 and listed on AIM in 2016, the Company provides a
wide range of ground engineering techniques and services including ground
investigation, general and specialist piling, rail geotechnical engineering,
modular foundations, and ground improvement and stabilisation services.

Van Elle operates through three divisions: General Piling, Specialist Piling
and Rail, and Ground Engineering Services; and is focused on diverse end
markets including residential and housing, infrastructure and regional
construction - across which the Group has completed more than 20,000 projects
over the last 35 years.

 

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