Flowtech Fluidpower PLC PDMR - Director share dealing
30 Settembre 2024 - 8:00AM
RNS Regulatory News
RNS Number : 1226G
Flowtech Fluidpower PLC
30 September 2024
|
NEWS RELEASE
Issued on behalf of Flowtech
Fluidpower plc
Monday, 30 September 2024
Immediate Release
|
|
FLOWTECH
FLUIDPOWER PLC
("Flowtech", the "Group" or "Company")
"a world of
motion"
Everything we do at Flowtech
is focused on keeping business moving, whether that's supplying a
product or designing and building a complex engineering solution.
Our vision is to be the trusted advisor in a world of
motion.
PDMR - Director
Dealings
Flowtech Fluidpower plc has been
notified of the following purchases of ordinary shares in the
Company by Non-Executive Chair Roger McDowell
on 27 September 2024:
|
|
Ordinary
Shares
Purchased
|
Resultant Number
of
Ordinary
Shares
|
Resultant
Percentage
Holding in the
Company
|
|
Roger McDowell, Non-Executive
Chair
|
50,000
|
1,132,000
|
1.8%
|
The notifications below are made in
accordance with the requirements of the EU Market Abuse
Regulation.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them:
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Roger McDowell
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chairman / PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Flowtech Fluidpower plc
|
|
b)
|
LEI
|
213800N68SQY5X5XS290
|
|
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
|
Ordinary shares of 50 pence each
("Ordinary Shares")
|
|
Identification code
|
ISIN: GB00BM4NR742
|
|
b)
|
Nature of the transaction
|
Purchase of Ordinary
Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
90 pence per Ordinary
Share
89.49 pence per Ordinary
Share
|
10,000
40,000
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
N/A
|
|
- Aggregated volume
|
|
|
- Weighted average price
|
|
|
e)
|
Date of the transaction
|
27 September 2024
|
|
f)
|
Place of the transaction
|
XLON
|
|
FURTHER ENQUIRIES TO:
Flowtech Fluidpower
plc
Russell Cash, Chief Financial
Officer & Company Secretary
Tel: +44 (0) 1695 52759
Email: info@flowtechfluidpower.com
|
|
|
|
|
|
Panmure Liberum Limited
(Nominated adviser and joint broker)
Richard Lindley, Director Investment
Banking
Will King, Assistant Director,
Investment Banking
Tel: +44 (0) 20 3100 2000
|
|
|
|
|
|
Singer Capital Markets
(Joint broker)
Tom Salvesen, Head of Investment
Banking
James Todd, Associate, Investment
Banking
Tel: +44 (0) 207 496 3000
|
|
|
|
|
|
TooleyStreet Communications (IR and media
relations)
Fiona Tooley
Tel: +44 (0) 7785 703523 or
email: fiona@tooleystreet.com
EDITORS NOTE:
Flowtech Fluidpower plc (AIM:FLO), is
the largest supplier of fluid power products, systems and solutions
in the UK, Ireland, and Benelux. As a specialist we have the
expertise and experience our customers need to help them minimise
downtime, optimise performance and maximise the lifespan of
operations. Today, the Company is a strong market leader in a
highly fragmented £30bn European market. We work across virtually
all industry sectors, serving the needs of our customers who are
designing, building, maintaining, and improving industrial plant,
equipment, and operations. To read more about the Group, please
visit: www.flowtechfluidpower.com.
|
|
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