REG - Velocity Composites - Director/PDMR Shareholding

Velocity CompositesAnnouncement

30/10/2019 14:55

RNS Number : 6778R
Velocity Composites PLC
30 October 2019
 


30 October 2019
 
Velocity Composites plc 
("Velocity" or the "Company")
 
Director/PDMR Shareholding
 
Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits, providing engineering value-solutions for the global aerospace industry, has been informed that Andy Beaden, non-executive Chairman of the Company, has today purchased a further 25,000 Velocity ordinary shares of 0.25 pence each ("Ordinary Shares") at an average price of 28.8 pence per Ordinary Share.
 
Mr Beaden now has a beneficial interest in a total of 400,000 Ordinary Shares representing approximately 1.11% of the issued share capital of the Company.
 
 
Enquiries
 



Velocity Composites plc
Jon Bridges, CEO
 
 


01282 577 577




Cenkos Securities plc
(Nominated Adviser)
Russell Cook
Ben Jeynes
 
 


020 7397 8900




Camarco
(Financial PR)
Ed Gascoigne Pees
Georgia Edmonds
James Crothers


020 3757 4980



 
 
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


Andrew Michael Beaden




2


Reason for the notification




a)


Position/status


Non-Executive Chairman




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


Purchase of ordinary shares




c)


Price(s) and volumes(s)


Price(s)


Volume(s)




£0.288


25,000




d)


Aggregated information












Aggregated volume


n/a








Price


n/a




e)


Date of the transaction


30 October 2019




f)


Place of the transaction


AIMX



 
 
 




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