TIDMROL

RNS Number : 6262Q

Rotala PLC

22 October 2019

RNS

22 October 2019

Rotala Plc

("Rotala" or "the Company" or "the Group")

Director's Dealings

Further to admission of 178,500 new ordinary shares of 25p each (the "Subscription Shares") to trading on AIM on 21 October 2019, the Company announces the following dealings by John Gunn, Non-Executive Chairman, and certain persons closely associated with him, in accordance with article 19(3) of the Market Abuse Regulation. Following the acquisition of the Subscription Shares John Gunn now has a total beneficial interest in 5,649,987 Ordinary Shares in the Company, representing approximately 11.28 per cent of the shares in issue, and a total direct and indirect interest in the Company of 8,604,848 ordinary shares, representing approximately 17.18 per cent of the shares in issue.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         John Gunn 
     ---------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status              Non-Executive Chairman 
     ---------------------------  ---------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                         Rotala plc 
     ---------------------------  ---------------------------------------------- 
 b)   LEI                          213800ALMQ9Y4K5HPT66 
     ---------------------------  ---------------------------------------------- 
 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                  Ordinary shares of 25p each value 
       of the financial 
       instrument,                  ISIN: GB00B1Z2MP60 
       type of instrument 
       Identification 
       code 
     ---------------------------  ---------------------------------------------- 
 b)   Nature of the                Purchase of shares in placing 
       transaction 
     ---------------------------  ---------------------------------------------- 
 c)   Price(s) and                  Price                      Volume 
       volume(s)                                56 pence per 
                                                 share          44,250 
                                                               ------- 
     --------------------------- 
 
 d    Aggregated                   N/A - single transaction 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------------  ---------------------------------------------- 
 e)   Date of the                  21 October 2019 
       transactions 
     ---------------------------  ---------------------------------------------- 
 f)   Place of the                 London Stock Exchange 
       transactions 
     ---------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Renate Gunn 
     ---------------------------  ---------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status              Wife of John Gunn, Non-Executive Chairman 
     ---------------------------  ---------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------------- 
 a)   Name                         Rotala plc 
     ---------------------------  ---------------------------------------------- 
 b)   LEI                          213800ALMQ9Y4K5HPT66 
     ---------------------------  ---------------------------------------------- 
 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                  Ordinary shares of 25p each value 
       of the financial 
       instrument,                  ISIN: GB00B1Z2MP60 
       type of instrument 
       Identification 
       code 
     ---------------------------  ---------------------------------------------- 
 b)   Nature of the                Purchase of shares in placing 
       transaction 
     ---------------------------  ---------------------------------------------- 
 c)   Price(s) and                  Price                      Volume 
       volume(s)                                56 pence per 
                                                 share          44,250 
                                                               ------- 
     --------------------------- 
 
 d    Aggregated                   N/A - single transaction 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------------  ---------------------------------------------- 
 e)   Date of the                  21 October 2019 
       transactions 
     ---------------------------  ---------------------------------------------- 
 f)   Place of the                 London Stock Exchange 
       transactions 
     ---------------------------  ---------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Wengen Pension Plan 
     ---------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status              Pension plan, the beneficiaries of which are John 
                                    Gunn (Non-Executive Chairman) and Renate Gunn (wife 
                                    of John Gunn, Non-Executive Chairman) 
     ---------------------------  ------------------------------------------------------- 
 b)   Initial notification         Initial notification 
       /Amendment 
     ---------------------------  ------------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                         Rotala plc 
     ---------------------------  ------------------------------------------------------- 
 b)   LEI                          213800ALMQ9Y4K5HPT66 
     ---------------------------  ------------------------------------------------------- 
 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                  Ordinary shares of 25p each value 
       of the financial 
       instrument,                  ISIN: GB00B1Z2MP60 
       type of instrument 
       Identification 
       code 
     ---------------------------  ------------------------------------------------------- 
 b)   Nature of the                Purchase of shares in placing 
       transaction 
     ---------------------------  ------------------------------------------------------- 
 c)   Price(s) and                  Price                      Volume 
       volume(s)                                56 pence per 
                                                 share          90,000 
                                                               ------- 
     --------------------------- 
 
 d    Aggregated                   N/A - single transaction 
       information 
       - Aggregated 
       volume 
       - Price 
     ---------------------------  ------------------------------------------------------- 
 e)   Date of the                  21 October 2019 
       transactions 
     ---------------------------  ------------------------------------------------------- 
 f)   Place of the                 London Stock Exchange 
       transactions 
     ---------------------------  ------------------------------------------------------- 
 

For further information please contact:

 
Rotala Plc                                          0121 322 2222 
John Gunn, Chairman 
 Simon Dunn, Chief Executive 
 Kim Taylor, Group Finance Director 
Nominated Adviser & Joint Broker: 
 Cenkos Securities plc                                020 7397 8900 
Stephen Keys/Callum Davidson (Corporate Finance) 
 Michael Johnson/Julian Morse (Corporate Broking) 
Joint Broker: Dowgate Capital Stockbrokers Ltd      0203 903 7715 
David Poutney/James Serjeant (Corporate Broking) 
 

About the business

Rotala provides a range of transport solutions, ranging from local bus services under contract to local authorities, through to commercial bus routes. Rotala has operations at Heathrow airport, in the West Midlands and the North West.

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END

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October 22, 2019 02:00 ET (06:00 GMT)

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