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CRIMSON TIDE PLC

Director's Dealing Nov 12, 2020

7584_dirs_2020-11-12_c5f20b2d-daf6-4be0-b9f8-afb08ab18a3b.html

Director's Dealing

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National Storage Mechanism | Additional information

RNS Number : 1833F

Crimson Tide PLC

12 November 2020

12 November 2020

Crimson Tide plc

PDMR dealing

Crimson Tide Plc (the "Company") has today been notified that Helen Bridget Whipp, the wife of Barrie Whipp, founder and Chairman of the Company, has gifted 10,000,000 ordinary shares of 0.1p in the Company to each of Mr & Mrs Whipp's adult children, Frederick John Whipp and Ruby Elizabeth Whipp.

Following the above Mr & Mrs Whipp's combined shareholdings is 82,820,132 representing 18.1% of the Company's ordinary share capital.

Enquiries:

Crimson Tide plc                                                                                              +44 1892 542444

Barrie Whipp / Luke Jeffrey

finnCap Ltd (Nominated Adviser and Broker)                                               +44 20 7220 0500

Corporate Finance: Julian Blunt / James Thompson

Corporate Broking: Andrew Burdis

Alma PR (Financial PR)                                                                                     +44 7780 901979

Josh Royston

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

Helen Bridget Whipp

2

Reason for the notification

a)

Position/status

Person closely associated with Barrie Whipp, Chairman of Crimson Tide plc

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Crimson Tide plc

b)

LEI

213800YUNLNBVYR3G129

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 0.1p each

GB0002080082

b)

Nature of the transaction

Gift of shares

c)

Price(s) and volume(s)

Price(s) Volume(s)
Nil

Nil
10,000,000

10,000,000

d)

Aggregated information

-     Aggregated volume

-     Price

20,000,000

nil

e)

Date of the transaction

12 November 2020

f)

Place of the transaction

Off market transactions

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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