Primorus Investments plc
('Primorus' or the 'Company')
Director/PDMR Dealing
Primorus announces that it received notification on 18 March 2021 that Rupert Labrum, Executive Chairman of the Company, and Simon Holden, the Company Secretary, purchased 1,000,000 and 224,606 ordinary shares in the capital of the Company respectively. Further details are set out in the Notification of Dealing Forms below.
Following his purchase, Rupert Labrum holds 21.11 per cent. of the Company's share capital. The shares purchased represent 0.72 per cent. of the Company's issued share capital.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information, please contact:
Primorus Investments plc +44 (0) 20 8154 7907
Rupert Labrum
Nominated Adviser and Broker
Cairn Financial Advisers LLP +44 (0) 20 7213 0880
Sandy Jamieson / James Caithie
Notification and public disclosure of transactions by persons discharging managerial responsibilities
and persons closely associated with them
1 | Details of the persons discharging managerial responsibilities / person closely associated | |||||||||||
a) | Name | Rupert Labrum | ||||||||||
2 | Reason for the notification | |||||||||||
a) | Position/Status | Executive Chairman | ||||||||||
b) | Initial notification/ Amendment | Initial notification | ||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||
a) | Name | Primorus Investments plc | ||||||||||
b) | LEI | 213800XCLCY5I8O3PP36 | ||||||||||
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 £0.002 each GB00BKTCLJ25 | ||||||||||
b) | Nature of the transaction | Purchase of shares | ||||||||||
c) | Price(s) and volume(s) |
| ||||||||||
d) | Aggregated information - Aggregated volume - Price | 1,000,000 £0.0449 | ||||||||||
e) | Date of transaction | 18 March 2021 | ||||||||||
f) | Place of transaction | London Stock Exchange | ||||||||||
1 | Details of the persons discharging managerial responsibilities / person closely associated | |||||
a) | Name | Simon Holden | ||||
2 | Reason for the notification | |||||
a) | Position/Status | Company Secretary | ||||
b) | Initial notification/ Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Primorus Investments plc | ||||
b) | LEI | 213800XCLCY5I8O3PP36 | ||||
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 | Purchase of ordinary shares of £0.002 each GB00BKTCLJ25 | ||||
b) | Nature of the transaction | Purchase of shares | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | 224,606 £0.0445 | ||||
e) | Date of transaction | 18 March 2021 | ||||
f) | Place of transaction | London Stock Exchange | ||||