REG - Van Elle HoldingsPLC - PDMR Share Purchase

Van Elle HoldingsAnnouncement

09/02/2022 07:00

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RNS Number : 0752B  Van Elle Holdings PLC  09 February 2022

 

Van Elle Holdings plc

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

 

PDMR Share Purchase

 

Van Elle Holdings plc (AIM:VANL) announces that it has been notified that Mr
Mark Cutler, Chief Executive Officer, has purchased 150,000 ordinary shares of
2 pence each in the Company ("Ordinary Shares") each at a price of 42.0 pence
per share. Following this purchase, Mr Cutler is interested in 752,767
Ordinary Shares, representing approximately 0.71% 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                                                         Mr Mark Cutler
 2.                  Reason for the notification
 a.                  Position/status                                              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)
                     42.0p                                                                          150,000

 d.                  Aggregated information                                        N/A

                     -       Aggregated volume

                     -       Price

 e.                  Date of the transaction                                      8 February 2022
 f.                  Place of the transaction                                     London Stock Exchange, AIM

 

 

 

Enquiries:

 

 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
 Mike Bell/Ed Allsopp

 Walbrook PR Limited                                     Tel: 020 7933 8780 or vanelle@walbrookpr.com (mailto:vanelle@walbrookpr.com)
 Tom Cooper/Nick Rome/Nicholas Johnson                   07971 221 972 or 07748 325 236 or 07884 664 686

 

 

About Van Elle Holdings plc:

 

Van Elle Holdings is the UK's largest specialist geotechnical engineering
contractor. The Company provides a 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 Ground Engineering; and is focused on three end markets: residential and
housing, infrastructure and regional construction - across which the Group has
completed more than 20,000 projects over the last 35 years.

 

General Piling provides a range of larger piling and ground engineering
solutions for open-site construction projects. Specialist Piling provides a
range of geotechnical solutions in operationally constrained environments
including on-track rail applications. Ground Engineering services offers a
range of ground investigation and geotechnical services and modular foundation
solutions such as Smartfoot®. Van Elle has a market-leading reputation and
the UK's largest rig fleet of 120 rigs.

 

Having floated on AIM in 2016 it now has a strong national presence,
diversified offering and market-leading brand name.

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