Plexus : Director/PDMR Shareholding

RNS Number : 3120Z

Plexus Holdings Plc

09 January 2020

Plexus Holdings PLC / Index: AIM / Epic: POS / Sector: Oil equipment & services

Plexus Holdings plc

Director/PDMR Shareholding

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP method of engineering announces that J. Jeffrey Thrall, Non-executive Chairman of the Company, has acquired 8,000 Ordinary Shares in Plexus at a price of 33.3 pence per share. Following the purchase, Mr Thrall is interested in a total of 44,307,513* Ordinary Shares.

• J. Jeffrey Thrall has an indirect beneficial interest in a company which controls 32.477% ofMutual Holdings Limited, an entity which holds 42,700,001 shares in the Company. Additionally, J. Jeffrey Thrall has an indirect beneficial interest inThrall Enterprises, Inc, a company which holds 1,591,512 Ordinary shares in the Company, and he holds 16,000 Ordinary shares directly.

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			Jerome Jeffrey Thrall
2.	Reason for the Notification
a)	Position/status			Non-executive Chairman
b)	Initial			Initial notification
	notification/amendment
3.	Details of the issuer,	emission allowance market participant, auction
	platform, auctioneer or auction monitor
a)	Name			Plexus Holdings plc
b)	LEI			213800EP3LC8K5TKDU87
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	Ordinary shares of 1 pence each
	instrument,	type	of
	instrument
	Identification code		GB00B0MDF233
b)	Nature of the Transaction		Purchase of Ordinary Shares
c)	Price(s) and volume(s)		8,000 shares at£0.333
d)	Aggregated information		n/a
	Aggregated volume Price
e)	Date of the transaction		02 January 2020
f)	Place of the transaction		London Stock Exchange, AIM (LON:POS)

For further information please visit www.posgrip.comor contact:

Ben van Bilderbeek	Plexus Holdings PLC	Tel: [phone]
Graham Stevens	Plexus Holdings PLC	Tel: [phone]
Derrick Lee	Cenkos Securities PLC	Tel: [phone]
Frank Buhagiar	St Brides Partners Ltd	Tel: [phone]
Isabel de Salis	St Brides Partners Ltd	Tel: [phone]

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NOTES:

AIM-traded oil and gas engineering services company Plexus (AIM: POS) is an IP-led company that has developed a range of products and applications based on its patent-protectedPOS-GRIPfriction-grip technology. Having proved the superior qualities of POS-GRIP within the jack-up wellhead exploration market through the sale of this business to FMC Technologies Limited , a subsidiary of TechnipFMC (Paris:FTI, NYSE:FTI) (jointly "TFMC"), in early 2018, the Company is now focused on establishing its technology and equipment in other markets including surface production wellheads, subsea and de-commissioning.

Its suite of ongoing products and applications include: "HG" wellheads, which combine POS-GRIP technology with gas tight metal sealing; the Python® subsea wellhead (a new standard for subsea wellheads - developed in a Joint Industry Project supported by Royal Dutch Shell, BG (now owned by Shell), Wintershall, Total, Maersk (now owned by Total), Tullow Oil, eni, Senergy (now Lloyds register), and Oil States Industries Inc); the POS-SET™ connector for the growing de-commissioning and abandonment market; and Tersus-PCT, an innovative HP/HT tie back connector product. Importantly, the Company also has a collaboration agreement with TFMC, which provides a platform to further develop and commercialise these and other applications based on its POS-GRIP technology.

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