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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Flowtech Fluidpower Plc | LSE:FLO | London | Ordinary Share | GB00BM4NR742 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.25 | 3.94% | 112.00 | 107.00 | 109.50 | 109.50 | 109.50 | 109.50 | 19,505 | 16:35:06 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Fluid Powr Cylindrs,actuatrs | 112.1M | -12.13M | -0.1973 | -5.55 | 67.33M |
TIDMFLO
RNS Number : 3353Z
Flowtech Fluidpower PLC
14 May 2023
NEWS RELEASE Issued on behalf of Flowtech Fluidpower plc Immediate Release Monday, 15 May 2023
FLOWTECH FLUIDPOWER PLC
("Flowtech" or the "Company")
Specialist full-service supplier of technical fluid power products and services
PDMR: Director dealing
Flowtech Fluidpower plc has been notified that Stuart Watson, Non-Executive Director, purchased a total of 8,965 ordinary shares in the Company on 12 May 2023 at an average price of 111.4 pence per ordinary share. Following the transaction, Mr. Watson is interested in an aggregate of 8,965 ordinary shares representing 0.01% of the Company's issued ordinary share capital.
The notification below is 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 Stuart Watson ----------------------------------------- -------------------------------------------------- 2 Reason for the notification --------------------------------------------------------------------------------------------- a) Position/status Non-Executive Director / 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 Ordinary shares of 50 pence each ("Ordinary instrument, type of instrument Shares") Identification code ISIN: GB00BM4NR742 ----------------------------------------- -------------------------------------------------- b) Nature of the transaction Purchase of Ordinary Shares ----------------------------------------- -------------------------------------------------- c) Price(s) and volume(s) ------------------------- -------------------- Price(s) Volume(s) ------------------------- -------------------- 111.4 pence 8,965 ------------------------------------------------------------------------ -------------------- d) Aggregated information N/A - Aggregated volume - Weighted average price --------------------------------------------------------------------- --------------------------- e) Date of the transaction 12 May 2023 ----------------------------------------- -------------------------------------------------- f) Place of the transaction XLON ----------------------------------------- -------------------------------------------------- ENQUIRIES : ------------------------------------------------------------------------------------------------- Flowtech Fluidpower plc Roger McDowell, Non-Executive Chair Mike England, Chief Executive Officer Russell Cash, Chief Financial Officer Tel: +44 (0) 1695 52759 Email: info@flowtechfluidpower.com Liberum (Nominated adviser and Sole Broker) Richard Lindley / Ben Cryer / Will King Tel: +44 (0) 20 3100 2000 TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: +44 (0) 7785 703523 or email : fiona@tooleystreet.com ABOUT FLOWTECH FLUIDPOWER PLC Founded as Flowtech in 1983, the Flowtech Fluidpower Group is a group of specialist fluid power businesses. Working in partnership with customers and suppliers, we deliver essential components, customer solutions and high-quality servicing support to keep global industry moving. The business joined the AIM market in 2014. To read more about the Group please visit www.flowtechfluidpower.com . Segment: What we do: Locations: ----------------- ------------------------------------------------ ---------------------------- Flowtech Our focus Supply of both hydraulic and pneumatic Flowtech consumables, predominantly through (Skelmersdale, Leicester, distribution for maintenance and Birmingham) repair operations across all industry Flowtechnology Benelux markets but supported by supply agreements (Deventer) direct to a broad range of original equipment manufacturers (OEMs) Channels to market: E-commerce websites, customer white label e-commerce websites, 70,000+catalogues, own and customer trade counters ----------------- ------------------------------------------------ ---------------------------- Fluidpower Group Solutions Our focus Primary Fluid Power Supply specialist technical hydraulic Components (Skelmersdale) components & systems, predominantly Nelson Hi-Power into OEMs and end-user channels to (Dublin, Cork, Dungannon) all industry markets, supported by HTL supply agreements with a broad range (Ludlow) of manufacturer brands Hydroflex (Brussels, Rotterdam Channels to market: and OudBeijerland) Engineering collaboration through Derek Lane & Co sales offices providing national (Newton Abbot) and local coverage. In 2022 enhanced HES Tractec by new e-commerce capabilities (Gloucester) ----------------- ------------------------------------------------ ---------------------------- Fluidpower Group Services Our focus Bespoke design, manufacturing, commissioning, Primary Fluid Power installation, and servicing of systems Systems to manufacturers of specialised industrial (Knowsley) and mobile hydraulic OEMs, and additionally Branch Hydraulic Systems a wide range of industrial end users. (Gloucester) Capital project-based revenue. HES Onsite (Leeds, Gloucester) Channels to market: Orange County In-house design and build, combined (Spennymoor) with on-site installation, servicing Hi Power Transport and support (Dublin, Cork, Belfast) ----------------- ------------------------------------------------ ---------------------------- All the Group's divisions have overlapping product sets, allowing procurement synergies to be maximised. The above segments are supported by a centralised back-office teams based at Skelmersdale and Wilmslow sites in the UK. In total, the business employs 572 people. For more information please visit, Our business | Flowtech Fluidpower plc
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END
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(END) Dow Jones Newswires
May 15, 2023 02:00 ET (06:00 GMT)
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