Director's Dealing • May 5, 2021
Director's Dealing
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RNS Number : 6202X
Downing Renewables & Infrastructure
05 May 2021
DOWNING RENEWABLES & INFRASTRUCTURE TRUST PLC
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
On 4 May 2021, Ashley Paxton, a non-executive Director of the Company, transferred 40,000 ordinary shares in the Company, which were previously held in his sole name, to a joint account held in the name of both he and his spouse, Alexandra Paxton, by way of a deed of gift for nil consideration. All 80,000 ordinary shares in the Company belonging to Ashley Paxton and Alexandra Paxton are now held in this joint account.
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Ashley and Alexandra Paxton
2
Reason for the notification
a)
Position/status
Ashley Paxton - Director
Alexandra Paxton - Person Closely Associated with Ashley Paxton
b)
Initial notification/ Amendment
Initial
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Downing Renewables & Infrastructure Trust PLC
b)
LEI
2138004JHBJ7RHDYDR62
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 £0.01 each
ISIN: GB00BLF7PP25
b)
Nature of the transaction
Transfer of shares from Ashley Paxton to a joint account in the names of Ashley and Alexandra Paxton by deed of gift for nil consideration.
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| £0.00 | 40,000 |
d)
Aggregated information
- Aggregated volume
- Price
40,000
£Nil
e)
Date of the transaction
4 May 2021
f)
Place of the transaction
Outside a trading venue
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