REG - Volution Group plc - Director/PDMR Shareholding

VolutionAnnouncement

24/05/2019 12:20

RNS Number : 1633A
Volution Group plc
24 May 2019
 


 
24 May 2019
Volution Group plc
 
Director Share Purchase
 
Volution Group plc (the "Company", LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, announces that on 24 May 2019 it received notification that Paul Hollingworth, Non-Executive Director, purchased 11,583 ordinary shares at a price of 171.6923 pence per share on 24 May 2019. The transaction took place in London.
As a result of this notification, Paul Hollingworth has a beneficial shareholding in the Company of 30,916 ordinary shares, which represents 0.01% of the Company's voting share capital.
The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.
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


 Paul Hollingworth




2


Reason for the notification 




a)


Position/status


Non-Executive Director




b)


Initial notification /Amendment


Initial notification




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Volution Group plc




b)


LEI


213800EPT84EQCDHO768




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 1 pence each
 
 
ISIN: GB00BN3ZZ526




b)


Nature of the transaction
 


Purchase of ordinary shares




c)
 


Price(s) and volume(s)
 





Price(s)


Volume(s)




171.6923 pence per share


11,583








d)
 


Aggregated information
 
- Aggregated volume
- Price


 
 
Not applicable, single transaction.
 




e)


Date of the transaction


24 May 2019




f)


Place of the transaction


London Stock Exchange, Main Market (XLON)



 
- ends -




 
Enquiries:
Volution Group plc
Michael Anscombe, Company Secretary                         +44 (0) 1293 441662
 
Note to Editors:
 
Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics, Central Europe and Australasia.
 
The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division. The Ventilation Group comprises 16 key brands - Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Fresh, PAX, VoltAir, Welair, Kair, Air Connection, inVENTer, Ventilair, Simx and Ventair, focused primarily on the UK, the Nordic, Central European and Australasian ventilation markets. The Ventilation Group principally supplies ventilation products for residential and commercial ventilation applications. The OEM (Torin-Sifan) division supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe. For more information, please go to: www.volutiongroupplc.com 
 




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