DISCOVERIE GROUP PLC Director/PDMR transaction notification
Released : 11 Mar 2020
RNS Number : 8080F discoverIE Group plc 11 March 2020
discoverIE Group PLC
Director/PDMR transaction notification
11 March 2020
discoverIE Group plc, a leading international designer, manufacturer and supplier of customised electronics to industry, announces that, on 11 March 2020, Nick Jefferies, Group Chief Executive, transferred 905,583 ordinary shares of 5p each in the capital of the Company to his wife, Susan Jefferies, for nil consideration. This was for tax planning purposes.
Following the transfer, Mr. Jefferies' total holding of shares in the Company (including shares held in his wife's name) remains unchanged at 965,750 shares, representing approximately 1.09% of the total issued shares in the Company.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||
a) | Name | Nicholas Jefferies | |||||||
2 | Reason for the notification | ||||||||
a) | Position/status | Group Chief Executive | |||||||
b) | Initial notification/ | Initial Notification | |||||||
Amendment | |||||||||
3 | D e t a i l s o f t h e i s s u e r , e m i s s i o n a l l o w a n c e m a r k e t p a r t i c i p a n t , a u c t i o n p l a t f o r m , | ||||||||
auctioneer or auction monitor | |||||||||
a) | Name | discoverIE Group plc | |||||||
b) | LEI | 213800BMDLQU1VEEAN68 | |||||||
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 | Ordinary shares of £0.05 | |||||||
financial | |||||||||
instrument, type | |||||||||
of instrument | |||||||||
Identification | ISIN: GB0000055888 | ||||||||
code | |||||||||
b) | N a t u r e | o f | t h e | Interspousal transfer | |||||
transaction | |||||||||
c) | P r i c e ( s ) a n d | ||||||||
volume(s) | Price(s) | Volume(s) | |||||||
0p | 905,583 | ||||||||
d) | Aggregated | N/A - Single transaction | |||||||
information | |||||||||
e) | D a t e | o f | t h e | 11 March 2020 | |||||
transaction | |||||||||
f) | P l a c e | o f | t h e | London Stock Exchange, Main Market | |||||
transaction |
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discoverIE Group plc published this content on 11 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2020 14:13:07 UTC
