Business
Directors' Dealings & Transaction in Own Shares
Directors' Dealings & Transaction in Own Shares.
About this update from Volvere Plc
[{"type":"text","content":"\n \nRNS Number : 9470C Volvere PLC 20 June 2019 \n\nVolvere plc \n(\"Volvere\" or the \"Company\")\nTransaction in Own Shares, Related Party Transaction and Directors' Dealings \nVolvere plc (AIM: VLE), the growth and turnaround investment company, announces that it purchased today 70,319 ordinary shares of 0.00001 pence each in the capital of the Company (\"Ordinary Shares\") at a price of 1215 pence per Ordinary Share as further detailed below. All of the repurchased shares will be held in treasury.\n\n\n\nPrice (pence)\n\n\nDate\n\n\nQuantity\n\n\nVenue\n\n\n\n\n1,215\n\n\n20/06/2019\n\n\n70,319\n\n\nLSE\n\n\n\n \nFollowing the above transaction, the Company will have 6,207,074 Ordinary Shares in issue and admitted to trading on AIM and will hold 4,372,892 Ordinary Shares in treasury. The number of shares in issue (excluding treasury shares), and the figure to be used as the denominator for calculations of interests in the Company's voting rights, is 1,834,182.\nDirectors' Dealings\nDavid Buchler, Chairman of the Company has notified the Company that he has sold today 84,893 Ordinary Shares at a price of 1215 pence per Ordinary Share. Jonathan Lander and Nicholas Lander, both directors of the Company, have notified the Company that they have each acquired today 7,287 Ordinary Shares at a price of 1215 pence per Ordinary Share. \nThe interests of the directors in Ordinary Shares before and after these transactions are set out below:\n \n\n\n\n\nDirector\n\n\nShareholding prior to trade\n\n\n% of TVR prior to trade\n\n\nShares bought(sold)\n \n\n\nShareholding following trade\n\n\n% of TVR following trade\n\n\n\n\nDavid Buchler\n\n\n129,893\n\n\n6.82\n\n\n(84,893)\n\n\n45,000\n\n\n2.45\n\n\n\n\nJonathan Lander\n\n\n232,750\n\n\n12.22\n\n\n7,287\n\n\n240,037\n\n\n13.09\n\n\n\n\nNicholas Lander\n\n\n124,660\n\n\n6.55\n\n\n7,287\n\n\n131,947\n\n\n7.19\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRelated Party Transaction\nThe purchase of the Ordinary Shares by the Company and the sale of Ordinary Shares by David Buchler is being treated as a related party transaction (\"Transaction\") for the purposes of Rule 13 of the AIM Rules for Companies. Jonathan Lander and Nicholas Lander, both directors of the Company independent of the Transaction, consider, having consulted with the...