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FLOWTECH FLUIDPOWER PLC Director's Dealing 2018

Jul 24, 2018

7647_dirs_2018-07-24_37cc5492-d0c9-48c7-a8e8-a5cfd7c5f5b1.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 6479V

Flowtech Fluidpower PLC

24 July 2018

FLOWTECH FLUIDPOWER PLC

("Flowtech" the "Group" or "Company")

Director's Dealing
London: Tuesday, 24 July 2018:  AIM listed specialist technical fluid power products supplier Flowtech Fluidpower plc (LSE: AiM: symbol: FLO) announces that it has received notification of the following dealing by Bryce Brooks, Chief Financial Officer.

On 23 July 2018 Bryce Brooks sold 125,000 Shares for cash to his Self-Invested Personal Pension Plan ("SIPP") at 172.5p. Following completion of this transaction, Mr Brooks remains to be beneficially interested in 299,160 shares, representing 0.5% of the Ordinary Shares in issue.
Enquiries:

Flowtech Fluidpower plc

Sean Fennon, Chief Executive

Bryce Brooks, Chief Financial Officer

Tel: +44 (0) 1695 52796

Email: [email protected]
Zeus Capital Limited (Nominated Adviser and Broker)

Andrew Jones, Alistair Donnelly (corporate finance)

Dominic King, John Goold (sales & broking)

Tel: +44 (0) 20 3829 5000

finnCap Limited (Joint Broker)

Ed Frisby, Kate Bannatyne (corporate finance)

Rhys Williams, Emily Morris (sales & broking)

Tel: +44 (0) 20 7220 0500

TooleyStreet Communications (IR and media relations)

Fiona Tooley

Tel: +44 (0) 7785 703523

or email: [email protected]

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Bryce Brooks

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification/ Amendment

Initial Notification

3

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

a)

Name

Flowtech Fluidpower plc

b)

LEI

213800N68SQY5X5XS290

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 50p each

GB00BM4NR742

b)

Nature of the transaction

(i)           Sale to SIPP

(ii)          Purchase by SIPP

c)

Price(s) and volume(s)

(i)           Price(s) Volume(s)
172.5p 125,000
(ii)          Price(s) Volume(s)
172.5p 125,000

d)

Aggregated information

-      Aggregated volume

-      Price

n/a

e)

Date of the transaction

(i)           23 July 2018

(ii)          23 July 2018

f)

Place of the transaction

(iii)         London Stock Exchange

(iv)         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.

END

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