Business
PDMR Dealing
PDMR Dealing.
About this update from B90 Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 0998V Veltyco Group PLC 19 July 2018 \n\n19 July 2018\n \nVeltyco Group plc\n(\"Veltyco\", the \"Company\" and, together with its subsidiaries, the \"Group\")\n \nPDMR Dealing\n \nThe Company's main shareholder, Lensing Management Services Ltd (\"Lensing\"), a company indirectly owned and controlled by Mr. Lenhoff, the Company's Head of Business Development, has informed the Company that it sold 1.4 million ordinary shares of no par value in the Company (\"Ordinary Shares\") for a total consideration of £975,000 on 18 July 2018 at a price of 69.6 pence per share.\n \nThe sale was effected through an off-market transaction with the 1.4 million Ordinary Shares being purchased by a US based institutional investor. Following this sale, Lensing is interested in 22,852,265 Ordinary Shares, representing approximately 30.5% of the Company's issued share capital, and hereby reaffirms its commitment to support the further development of the Company in the future.\n \nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014.\n \nPDMR Notification Forms:\nThe notifications below are made in accordance with the requirements of Market Abuse Regulation: \n\n\n\n\n1.\n\n\nDetails of the person discharging managerial responsibilities / person closely associated\n\n\n\n\na)\n\n\nName\n\n\nK. Lenhoff\n\n\n\n\n2.\n\n\nReason for the Notification\n\n\n\n\na)\n\n\nPosition/status\n\n\nHead of Business Development, member of the Company's Senior Management Team\n\n\n\n\nb)\n\n\nInitial notification/amendment\n\n\nInitial notification\n\n\n\n\n3.\n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor\n\n\n\n\na)\n\n\nName\n\n\nVeltyco Group plc \n\n\n\n\nb)\n\n\nLEI\n\n\n2138007KWLZHV5I1A979\n\n\n\n\n4.\n\n\nDetails 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\n\n\n\n\na)\n\n\nDescription of the Financial instrument, type of instrument\n\n\nOrdinary shares of no par value each in the share capital of Veltyco Group plc\n\n\n\n\nIdentification code\n\n\nIM00BYT32K14\n\n\n\n\nb)\n\n\nNature of the Transaction\n\n\nSale of ordinary shares \n\n\n\n\nc)\n\n...