REG - Velocys PLC - Director/PDMR Shareholding <Origin Href="QuoteRef">VLSV.L</Origin>

VelocysAnnouncement

02/02/2018 12:15

RNS Number : 8013D
Velocys PLC
02 February 2018
News release
Velocys plc
("Velocys" or the "Company")
2 February 2018
Disclosure re Directors' Participation in Placing and Open Offer
Velocys plc (VLS.L), the renewable fuels company, announces that, further to the announcement on 15 January 2018 stating the intention of the Directors of the Company to subscribe for an aggregate of 450,000 new ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 10p per new Ordinary Share as part of the Capital Raising, the corresponding disclosure forms summarised below have today been submitted online to the FCA in relation to these transactions.
The resultant interests in the shares of parent company undertakings of the Directors who subscribed (including those of the spouse or civil partner and children under 18) are:
Director
Number of Ordinary Shares held
Percentage of entire issued share capital
1. Pierre Jungels
423,031
0.13%
2. David Pummell
 50,000
0.02%
3. Sandra Shaw
117,758
0.04%
4. Andrew Morris
100,000
0.03%
1.
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
1. Pierre Jungels
2. David Pummell
3. Cecil Shaw
4. Andrew Morris
2.
Reason for the notification
a)
Position / status
1. Non-executive Chairman
2. Chief Executive Officer
3. Person closely associated with a PDMR - Sandra Shaw, Non-executive Director
4. Non-executive Director
b)
Initial notification / amendment
Initial notification
3.
Details of issuer
a)
Name
Velocys plc
b)
LEI
549300KGMQV70HA5Y715
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
Identification Code
Ordinary Shares of 1p each
1. GB00BFNX4971
2. GB00B11SZ269
3. GB00B11SZ269
4. GB00B11SZ269
b)
Nature of the transaction
Subscription for new Ordinary Shares. 
The transaction is not linked to the exercise of a share option programme.
c)
Price(s) and volume(s)
Director/PCA Name
Price
Volume
1. Pierre Jungels
10p
200,000
2. David Pummell
10p
 50,000
3. Cecil Shaw
10p
100,000
4. Andrew Morris
10p
100,000
d)
Aggregated information
Aggregated volume Price
N/A
e)
Date of the transactions
Director/PCA Name
Date of Transaction
1. Pierre Jungels
2018-02-01 GMT
2. David Pummell
2018-02-01 GMT
3. Cecil Shaw
2018-02-01 GMT
4. Andrew Morris
2018-02-01 GMT
f)
Place of the transaction
Outside a trading venue 
- Ends -
For further information, please contact:
Velocys
David Pummell, CEO
+44 1235 838 621
Numis Securities (Nomad and joint broker)
Alex Ham
Stuart Skinner
Jamie Lillywhite
Tom Ballard
+44 20 7260 1000
Canaccord Genuity (Joint broker) 
Henry Fitzgerald-O'Connor 
Ben Griffiths
+44 20 7523 8000 
Camarco (Financial communications & PR)
Billy Clegg
Georgia Edmonds
Tom Huddart
+44 20 3757 4983
www.velocys.com

This information is provided by RNS
The company news service from the London Stock Exchange
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