Transaction in Own Shares • Sep 14, 2016
Transaction in Own Shares
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RNS Number : 8228J
Zambeef Products PLC
14 September 2016
14 September 2016
Zambeef Products Plc
("Zambeef" or the "Company")
Director Dealing
Zambeef (AIM: ZAM), the fully integrated food producer with operations in Zambia, Nigeria and Ghana, announces that on 13 September 2016, Graham John Clark, Non-Executive Director of the Company, bought 1,000,000 ordinary shares of ZMW0.01 each in Zambeef ("Ordinary Shares") at an average price of 15.19 pence per Ordinary Share.
Following the Share Purchase, Graham John Clark has a beneficial interest and voting rights in 1,000,000 Ordinary Shares, representing approximately 0.33 per cent. of the Company's current issued Ordinary Shares.
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Graham John Clark
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
Zambeef Products Plc
b)
Legal Entity Code
N/A
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 ZMW0.01
ZM0000000201
b)
Nature of the transaction
Purchase
c)
Price(s) and volume(s
| Price(s) | Volume(s) |
| £0.1519 per share | 1,000,000 |
d)
Aggregated information
Aggregated volume
Price
N/A - single transaction
e)
Date of the transaction
13/09/2016
f)
Place of the transaction
London Stock Exchange XLON
| For further information, please contact: | |
| Zambeef Products plc Carl Irwin, Joint Chief Executive Officer Francis Grogan, Joint Chief Executive Officer |
Tel: +260 (0) 211 369003 |
| Strand Hanson Limited (Financial & Nominated Adviser) | Tel: +44 (0) 20 7409 3494 |
| James Spinney | |
| Ritchie Balmer Frederick Twist |
|
| Finncap (Broker) | Tel: +44 (0) 20 7220 0500 |
| Joanna Scott | |
| Raymond Greaves | |
| Powerscourt (Financial PR) Nick Dibden Sophie Moate Nick Brown |
Tel: +44 (0)20 7250 1446 |
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").
-Ends-
This information is provided by RNS
The company news service from the London Stock Exchange
END
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