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SHEARWATER GROUP PLC Director's Dealing 2022
7913_dirs_2022-12-01_fb51a79d-df11-4cee-aad5-691f4066f574.html
Director's Dealing
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National Storage Mechanism | Additional information 
RNS Number : 3137I
Shearwater Group PLC
01 December 2022
1 December 2022
SHEARWATER GROUP PLC
("Shearwater", or the "Group")
Director/PDMR Shareholding
Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, announces that on 29 November 2022 and 30 November 2022 persons closely associated with the Company's Chief Executive Officer, Phil Higgins, made an aggregate purchase of 101,500 ordinary shares of 10 pence in the capital of the Company ("Ordinary Shares") at a weighted average price of 95.15 pence per Ordinary Share.
Following these purchases by an investment vehicle of which Mr. Higgins has a beneficial interest and Mr. Higgins' adult daughter, Mr Higgins is now beneficially interested in 2,321,850 Ordinary Shares, representing approximately 9.7 per cent of the issued ordinary share capital of the Company, and the aggregate interest in Ordinary Shares of the Higgins family increases by an aggregate 101,500 Ordinary Shares.
The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.
Enquiries:
| Shearwater Group plc David Williams, Chairman Phil Higgins, CEO |
www.shearwatergroup.com c/o Alma PR |
| Cenkos Securities plc - NOMAD and Broker Ben Jeynes / Max Gould - Corporate Finance Alex Pollen / Henry Nicol - Sales |
+44 (0) 20 7397 8900 |
| Alma PR Justine James / Joe Pederzolli |
[email protected] +44 (0) 20 3405 0205 |
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 Limited
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 10 pence each
GB00BKT6VH21
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 96 pence | 80,000 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
30 November 2022
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Maddison Higgins
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 10 pence each
GB00BKT6VH21
b)
Nature of the transaction
Purchase of Ordinary Shares
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| 92 pence | 21,500 |
d)
Aggregated information
- Aggregated volume
- Price
n/a
e)
Date of the transaction
29 November 2022
f)
Place of the transaction
London Stock Exchange, AIM
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