AI Terminal
DG INNOVATE PLC
Director's Dealing • Mar 24, 2021
4975_dirs_2021-03-24_646ffe55-c404-490b-af34-dd44e6a9ead6.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 3769T
Path Investments plc
24 March 2021
24 March 2021
Path Investments plc
("Path" or the "Company")
Director/PDMR Share Transaction
Path Investments plc (TIDM: PATH) announces that it was notified on 24 March 2021 that John Allardyce a director/person discharging managerial responsibility in the Company has, in order to transfer his shareholding in the Company into his ISA and SIPP, sold 6,000,000 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") at a price of 0.2615 pence per Ordinary Share and then repurchased into his SIPP 2,400,000 Ordinary Shares at a price of 0.2770 pence per Ordinary Share and 3,600,000 Ordinary Shares into his ISA at a price of 0.2750 pence per Ordinary Share. The transactions took place on 24 March 2021 and further information is contained in the disclosure tables below.
The transactions were entered into in accordance with an exception from the lock up arrangements applicable to Existing Directors as described and defined in the Company's prospectus published on 12 March 2021.
Following the transactions, there has been no change in the number of the Company's shares in which John Allardyce has an interest.
For further information please contact:
| Path Investments plc | C/O IFC |
| Christopher Theis Jack Allardyce |
|
| IFC Advisory (Financial PR & IR) | 020 3934 6630 |
| Tim Metcalfe Zach Cohen |
|
| Grant Thornton UK LLP (Financial Adviser) Jamie Barklem Samantha Harrison Harrison Clarke |
020 7383 5100 |
| ETX Capital (Broker) | 020 7392 1400 |
| Elliot Hance |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1.
Details of Director/PDMR
(a)
Name
John Allardyce
2.
Reason for notification
(b)
Position / status
Director
(c)
Initial notification / amendment
Initial notification
3.
Details of the Issuer
(a)
Name
Path Investments plc
(b)
LEI
21380058VQBP76M7TN11
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 transaction(s) have been conducted
(a)
Description of the financial instrument, type of instrument, Identification code
Ordinary shares of 0.1 pence each
ISIN GB00BYQD5059
PATH
(b)
Nature of the transaction
Sale of Ordinary Shares
(c)
Price(s) and volume
| Price | Volume |
| 0.2615 pence | 6,000,000 |
(d)
Aggregated information
Aggregated Volume
Price
6,000,000
£15,690.00
(e)
Date of the transactions
24 March 2021
(f)
Place of the transactions
London Stock Exchange
1.
Details of Director/PDMR
(a)
Name
John Allardyce
2.
Reason for notification
(b)
Position / status
Director
(c)
Initial notification / amendment
Initial notification
3.
Details of the Issuer
(a)
Name
Path Investments plc
(b)
LEI
21380058VQBP76M7TN11
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 transaction(s) have been conducted
(a)
Description of the financial instrument, type of instrument, Identification code
Ordinary shares of 0.1 pence each
ISIN GB00BYQD5059
PATH
(b)
Nature of the transaction
Purchase of Ordinary Shares
(c)
Price(s) and volume
| Price | Volume |
| 0.2770 pence | 2,400,000 |
| 0.2750 pence | 3,600,000 |
(d)
Aggregated information
Aggregated Volume
Price
6,000,000
£16,548.00
(e)
Date of the transactions
24 March 2021
(f)
Place of the transactions
London Stock Exchange
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
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
DSHUSRSRAOUOUAR