Zambeef Products PLC Director/PDMR Shareholding (8228J)

TIDMZAM

RNS Number : 8228J

Zambeef Products PLC

14 September 2016

14 September 2016

Zambeef Products Plc

("Zambeef" or the "Company")

Director Dealing

Zambeef (AIM: ZAM), the fully integrated food producer with operations in Zambia, Nigeria and Ghana, announces that on 13 September 2016, Graham John Clark, Non-Executive Director of the Company, bought 1,000,000 ordinary shares of ZMW0.01 each in Zambeef ("Ordinary Shares") at an average price of 15.19 pence per Ordinary Share.

Following the Share Purchase, Graham John Clark has a beneficial interest and voting rights in 1,000,000 Ordinary Shares, representing approximately 0.33 per cent. of the Company's current issued Ordinary Shares.

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

 
 1 
        Details of the person discharging managerial responsibilities / person closely associated 
----  ------------------------------------------------------------------------------------------------ 
 a)    Name                                                               Graham John Clark 
----  -----------------------------------------------------------------  ----------------------------- 
 2 
                                         Reason for the notification 
----  ------------------------------------------------------------------------------------------------ 
 a)    Position/status                                                    Non-Executive Director 
----  -----------------------------------------------------------------  ----------------------------- 
 b)    Initial notification /Amendment                                    Initial Notification 
----  -----------------------------------------------------------------  ----------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------------------------------------ 
 a)    Name                                                               Zambeef Products Plc 
----  -----------------------------------------------------------------  ----------------------------- 
 b)    Legal Entity Code                                                  N/A 
----  -----------------------------------------------------------------  ----------------------------- 
 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 ZMW0.01 
 
        Identification code                                                 ZM0000000201 
----  -----------------------------------------------------------------  ----------------------------- 
 b)    Nature of the transaction                                          Purchase 
----  -----------------------------------------------------------------  ----------------------------- 
 c)    Price(s) and volume(s                                                Price(s)      Volume(s) 
                                                                            ------------  ---------- 
                                                                             GBP0.1519 
                                                                              per share    1,000,000 
                                                                            ------------  ---------- 
----  -----------------------------------------------------------------  ----------------------------- 
 d)    Aggregated information                                              N/A - single transaction 
 
        Aggregated volume 
 
        Price 
----  -----------------------------------------------------------------  ----------------------------- 
 e)    Date of the transaction                                             13/09/2016 
----  -----------------------------------------------------------------  ----------------------------- 
 f)    Place of the transaction                                            London Stock Exchange XLON 
----  -----------------------------------------------------------------  ----------------------------- 
 
 
 For further information, please contact: 
 Zambeef Products plc                             Tel: [phone] 
  Carl Irwin, Joint Chief Executive Officer 
  Francis Grogan, Joint Chief Executive Officer 
 Strand Hanson Limited (Financial & Nominated     Tel: [phone] 
  Adviser) 
 James Spinney 
 Ritchie Balmer 
  Frederick Twist 
 Finncap (Broker)                                  Tel: [phone] 
 Joanna Scott 
 Raymond Greaves 
 
 Powerscourt (Financial PR)                        Tel: [phone] 
  Nick Dibden 
  Sophie Moate 
  Nick Brown 
 

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR").

-Ends-

This information is provided by RNS

The company news service from the London Stock Exchange

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September 14, 2016 06:35 ET (10:35 GMT)