ARCONTECH GROUP PLC — Director's Dealing 2017

Jun 12, 2017

National Storage Mechanism | Additional information

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RNS Number : 8585H

Arcontech Group PLC

12 June 2017

ARCONTECH GROUP PLC

("Arcontech", the "Company" or the "Group")

Director / PDMR Shareholding

Arcontech (AIM: ARC), the provider of products and services for real-time financial market data processing and trading, announces that it has received notification that Matthew Jeffs, Chief Executive of the Company, has today gifted 28,000 ordinary shares of £0.125 each in the Company ("Ordinary Shares") to his wife, Suzanne Jeffs.  Subsequently Mrs Jeffs has transferred the shares to an Individual Savings Account ("ISA") in her own name.  In addition, Mr Jeffs has also transferred 28,000 shares in the Company into an ISA in his own name. Matthew Jeffs' total beneficial holding in Arcontech remains unchanged at 48,000,000 shares representing 3.12 per cent of the issued share capital.

Enquiries:

Arcontech Group plc	020 7256 2300
Richard Last, Chairman and Non-Executive Director
Matthew Jeffs, Chief Executive
finnCap Ltd (Nomad & Broker)	020 7220 0500
Carl Holmes/Simon Hicks

To access more information on the Group please visit: www.arcontech.com

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

Matthew Jeffs

2.           

Reason for the Notification

a)

Position/status

Chief Executive / PDMR

b)

Initial notification/Amendment

Initial notification

3.  

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

a)

Name

Arcontech Group Plc

b)

LEI

213800O7PM9V79TP7523

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

Ordinary Shares of £0.125

Identification code

GB0003353371

b)

Nature of the transaction

-     Gifting of Ordinary Shares

-     Transfer of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
n/a	28,000
n/a	28,000

d)

Aggregated information:

·    Aggregated volume

·    Price

-     Gift of 28,000 Ordinary Shares to his wife Suzanne Jeffs

-     Transfer of 28,000 Ordinary Shares to an ISA in his own name

e)

Date of the transaction

12 June 2017

f)

Place of the transaction

London Stock Exchange, AIM Market (XLON)

This information is provided by RNS

The company news service from the London Stock Exchange

END

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