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SHEARWATER GROUP PLC Director's Dealing 2019

Apr 16, 2019

7913_dirs_2019-04-16_b4e646fc-08d5-425e-99e8-2924df47c3ae.html

Director's Dealing

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National Storage Mechanism | Additional information

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RNS Number : 3968W

Shearwater Group PLC

16 April 2019

16 April 2019

SHEARWATER GROUP PLC

("Shearwater" or the "Company") 

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) today announces that over 15 and 16 April 2019 Phil Higgins, CEO, purchased 5,000,000 Ordinary Shares at an average price of 1.9775 pence per share.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

VJM Investments

2

Reason for the notification

a)

Position/status

Person closely associated with Phil Higgins, CEO

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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 1 pence each

GB00B00T3528

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s) Volume(s)
2.0375p 1,000,000
2.0p 1,000,000
1.95p 1,500,000
1.95p 1,500,000

d)

Aggregated information

- Aggregated volume

- Price

5,000,000

£98,875.00

e)

Date of the transaction

15 and 16 April 2019

f)

Place of the transaction

London Stock Exchange, AIM

Enquiries:

Shearwater Group plc

David Williams

Phil Higgins
www.theshearwatergroup.co.uk

c/o Instinctif Partners
Cenkos Securities plc - NOMAD and Broker

Max Hartley / Giles Balleny - NOMAD

Julian Morse / Michael Johnson - Sales
+44 (0) 20 7397 8900
Instinctif Partners - Financial PR

Adrian Duffield / Chantal Woolcock / Kay Larsen
[email protected]  

+44 (0) 20 7427 1412

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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