Angle PLC Director's share purchase (5413N)

TIDMAGL

RNS Number : 5413N

Angle PLC

27 October 2016

 
 For immediate release   27 October 2016 
 

ANGLE plc

("ANGLE" or the "Company")

Director's share purchase

ANGLE plc (AIM: AGL OTCQX: ANPCY), the specialist medtech company, announces that it was notified today that Andrew Newland, Chief Executive of ANGLE, has purchased 1,350,000 ordinary shares of 10p each in the Company ("Ordinary Shares"). These shares were purchased at a price of 57 pence per share in accordance with the sale and repurchase agreement (the "Agreement"), as described in the Company's announcement of 12 November 2014.

The Agreement has now terminated and Mr Newland's legal and beneficial interest in the Company reverts to the same level as it was prior to the Agreement, being 7,054,686 Ordinary Shares, now representing 9.43 per cent of the Company's issued share capital.

For further information:

 
 ANGLE plc                            01483 685830 
 Andrew Newland, Chief Executive 
  Ian Griffiths, Finance Director 
 Cenkos Securities 
  Stephen Keys (Nominated adviser) 
  Russell Kerr, Oliver Baxendale 
  (Sales)                             020 7397 8900 
 FTI Consulting 
  Simon Conway, Mo Noonan, 
   Stephanie Cuthbert                  020 3727 1000 
  Kimberley Ha (US)                     001 212 850 5612 
 

This announcement contains inside information.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 27, 2016 02:01 ET (06:01 GMT)