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FLOWTECH FLUIDPOWER PLC Director's Dealing 2019

Aug 15, 2019

7647_dirs_2019-08-15_a7789083-1f79-4c5b-be5b-c392d87a8570.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 2224J

Flowtech Fluidpower PLC

15 August 2019

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

Flowtech Fluidpwer PLC

("Flowtech" or the "Company")

Director / PDMR Dealing

Flowtech Fluidpower plc, the UK's leading specialist supplier of technical fluid power products, announces that it has been notified that Bill Wilson, Non-Executive Director of Flowtech, has purhcased a total of 16,870 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 15 August 2019 at a price of 118.9p per Ordinary Share. 

Following this transaction, Mr Wilson has an interest in 40,895 Ordinary Shares, representing approximately 0.07 per cent. of the Company's issued Ordinary Share capital.

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

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 Bill Wilson
2 Reason for the notification
a) Position/status Non-Executive Director
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 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 Ordinary shares of £0.50p each
Identification code GB00BM4NR742
b) Nature of the transaction Purchase of ordinary shares
c) Price(s) and volume(s)
Price(s) Volume(s)
118.9p 16,870
d) Aggregated information
- Aggregated volume 16,870
- Price 118.9p
e) Date of the transaction 15 August 2019
f) Place of the transaction London Stock Exchange, AIM
Enquiries to:

Flowtech Fluidpower plc

Bryce Brooks, Chief Executive Officer

Russell Cash, Chief Financial Officer

Tel: +44 (0) 1695 52796

Email [email protected]

LSE: AIM symbol FLO

Zeus Capital Limited (Nominated Adviser and Broker)

Andrew Jones, Alistair Donnelly (corporate finance)

Dominic King, John Goold (sales & broking)

Tel: +44 (0) 161 831 1512

finnCap Limited (Joint Broker)

Ed Frisby, Kate Bannatyne (Corporate Finance)

Rhys Williams, Andrew Burdis (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]

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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