REG - Velocity Composites - Director/PDMR Shareholding

Velocity CompositesAnnouncement

30/01/2023 16:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230130:nRSd3051Oa&default-theme=true

RNS Number : 3051O  Velocity Composites PLC  30 January 2023

30 January 2023

 

Velocity Composites plc

("Velocity" or the "Company")

 

Director PDMR Shareholding

 

Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced
composite material kits to the aerospace market, announces that on 20 January
2023, Jon Bridges, Chief Executive Officer, dematerialised his certificated
shareholding in the Company and transferred his entire holding of 5,515,929
Ordinary Shares in the Company into CREST, registered in the name of HL
Nominees Limited.  Following the transaction, Mr Bridges' beneficial interest
in the Company remains unchanged.

 

Enquiries:

 

 Velocity Composites plc                +44 (0) 1282 577577

 Andy Beaden, Chairman

 Jon Bridges, Chief Executive Officer

 Cenkos Securities plc                  +44 (0) 20 7397 4000

 Nominated Adviser and Broker

 Katy Birkin

 Ben Jeynes

 SEC Newgate                            +44 (0)7540 106 366

 Financial PR                           velocitycomposites@secnewgate.co.uk

 Robin Tozer

 George Esmond

 Harry Handyside

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1   Details of the person discharging managerial responsibilities / person closely
     associated
 a)  Name                                                         Jonathan Karl Bridges
 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                                                         Velocity Composites plc
 b)  LEI                                                          213800W4W46J8HGZP672
 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 0.25p each
     Identification code                                          GB00BF339H01
 b)  Nature of the transaction                                    Transfer of Ordinary Shares from certificated form into CREST broking account
 c)  Price(s) and volumes(s)                                      Price(s)                                 Volume(s)
     Nil                                                                                                   5,515,929
 d)  Aggregated information                                       N/A single transaction
     Aggregated volume                                            N/A single transaction
     Price                                                        Nil
 e)  Date of the transaction                                      20 January 2023
 f)  Place of the transaction                                     XOFF

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHQBLFXXFLLBBF