Fulcrum Utility Services Ltd Director Dealing (9832Y)

TIDMFCRM

RNS Number : 9832Y

Fulcrum Utility Services Ltd

09 March 2017

9 March 2017

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Director Dealing

The Company has been informed that an employee benefit trust ("EBT") of which Stephen Gutteridge, Non-Executive Director of Fulcrum, is a beneficiary, sold 80,000 ordinary shares in Fulcrum at a price of 61.5 pence per share on 8 March 2017. These shares were sold in order to meet income tax and national insurance charges on the EBT due by 31 March 2017.

Template for 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                       Stephen Gutteridge 
---  -------------------------  ------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------- 
 a)   Position/status            Non-Executive Director 
---  -------------------------  ------------------------------- 
 b)   Initial notification       Initial 
       /Amendment 
---  -------------------------  ------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ---------------------------------------------------------- 
 a)   Name                       Fulcrum Utility Services 
                                  Limited 
---  -------------------------  ------------------------------- 
 b)   LEI                        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             Ordinary Shares of 0.1p each 
       the financial 
       instrument, type 
       of instrument 
                                  ISIN: KYG368851047 
       Identification 
       code 
---  -------------------------  ------------------------------- 
 b)   Nature of the              Sale of ordinary shares by 
       transaction                an employee benefit trust 
                                  of which Mr Gutteridge is 
                                  a beneficiary. 
---  -------------------------  ------------------------------- 
 c)   Price(s) and volume(s)      Price(s)           Volume(s) 
                                  -----------------  ---------- 
                                   61.5p per share    80,000 
                                  -----------------  ---------- 
---  -------------------------  ------------------------------- 
 d)   Aggregated information     N/A - single transaction 
       - Aggregated volume 
       - Price 
---  -------------------------  ------------------------------- 
 e)   Date of the transaction    8 March 2017 
---  -------------------------  ------------------------------- 
 f)   Place of the transaction   London Stock Exchange 
---  -------------------------  ------------------------------- 
 

Enquiries:

 
Fulcrum Utility Services Limited            +44 (0)114 
 Craig Baugh, Head of Marketing and          280 4150 
 Communications 
 
 Cenkos Securities plc (Nominated adviser    [phone] 
 and broker)                                 8900 
 Max Hartley (Nomad) / Alex Aylen (Sales) 
 
 Camarco (Financial PR advisers)             [phone] 
 Ginny Pulbrook / Tom Huddart                4992 
 

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, owning and operating gas pipelines that connect properties to the main UK gas networks.

http://www.fulcrum.co.uk/

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHGCGDXRBGBGRC

(END) Dow Jones Newswires

March 09, 2017 04:20 ET (09:20 GMT)