Business
Secondary Frankfurt Listing & Director Dealing
Secondary Frankfurt Listing & Director Dealing.
About this update from B90 Holdings Plc
[{"type":"text","content":"\n \nRNS Number : 5521B Veltyco Group PLC 11 January 2018 \n\n11 January 2018\n \nVeltyco Group plc\n(\"Veltyco\", the \"Company\" and, together with its subsidiaries, the \"Group\")\n \nSecondary Frankfurt Listing & Director Dealing\n \nVeltyco Group Plc (AIM:VLTY) is pleased to announce that in response to investor demand from Germany, MWB Fairtrade Wertpapierhandelsbank AG (\"mwb\"), a German securities broker, has successfully applied for a secondary listing of Veltyco's ordinary shares of no par value (\"Ordinary Shares\") to start trading on the Quotation Board Segment of the Open Market of the Frankfurt Stock Exchange (\"FSE\"), also known as the Regulated Unofficial Market of the FSE, or Freiverkehr. Accordingly, the Ordinary Shares have been admitted to trading on the FSE under the symbol 24GN.\n \nThe entire issued ordinary share capital of the Company will continue to trade on the AIM market of the London Stock Exchange under the symbol VLTY.\n \nIn order to satisfy investor demand in Germany, the Company's main shareholder, Lensing Management Services Ltd (\"Lensing\"), a company indirectly owned and controlled by Mr. Lenhoff, has sold 2 million Ordinary Shares to a German institutional investor for a total gross consideration of €1.8 million. Following this sale, Lensing is interested in 24,252,265 Ordinary Shares, representing approximately 32.6 per cent. 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\nDirector\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 ...