Van Elle Holdings - PDMR and PCA Share Purchase

Van Elle Holdings

02/04/2025 11:33

RNS Number : 3599D

Van Elle Holdings PLC

02 April 2025

 

Van Elle Holdings plc

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

 

2 April 2025

 

PDMR and PCA Share Purchase

Van Elle Holdings plc (AIM:VANL) announces that it has been notified that Mr Mark Cutler, Chief Executive Officer, has purchased 57,131 ordinary shares of 2 pence each in the Company ("Ordinary Shares") at a price of 35.0 pence per share.  Mrs Anne Marie Cutler, PCA of Mr Cutler, has also purchased 57,530 ordinary shares of 2 pence each in the Company at a price of 34.8 pence per share.

Following this purchase, Mr Cutler and those persons closely associated with him, are interested in 1,067,428 Ordinary Shares, representing approximately 0.99% 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
/Amendment
Initial notification
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
Identification code
Ordinary shares of 2p each
ISIN: GB00BYX4TP46
b.
Nature of the transaction
Purchase of ordinary shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
35.0p
57,131
d.
Aggregated information
- Aggregated volume
- Price
N/A
e.
Date of the transaction
31 March 2025
f.
Place of the transaction
London Stock Exchange, AIM

 

 

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
/Amendment
Initial notification
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
Identification code
Ordinary shares of 2p each
ISIN: GB00BYX4TP46
b.
Nature of the transaction
Purchase of ordinary shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
34.8p
57,530
d.
Aggregated information
- Aggregated volume
- Price
N/A
e.
Date of the transaction
31 March 2025
f.
Place of the transaction
London Stock Exchange, AIM

 

For further information, please contact:

Van Elle Holdings plc
Mark Cutler, Chief Executive Officer
Graeme Campbell, Chief Financial Officer
Via Walbrook
Peel Hunt LLP (Nominated Adviser and Joint Broker)
Ed Allsopp
Charlotte Sutcliffe
Tom Graham
Tel: 020 7418 8900
Dowgate Capital Limited (Joint Broker)
James Serjeant
Nicholas Chambers
Tel: 020 3903 7715
Walbrook PR Limited
Tel: 020 7933 8780
or vanelle@walbrookpr.com
Tom Cooper
Nick Rome
07971 221 972
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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