Honeycomb Investment Trust PLC PDMR Shareholding (1211S)

TIDMHONY

RNS Number : 1211S

Honeycomb Investment Trust PLC

16 December 2016

16 December 2016

Honeycomb Investment Trust plc

(the "Company")

Notification and public disclosure of transactions by personsdischarging

managerial responsibilities

The Company was notified today that Steve Plowman, an employee of the Company's investment manager Pollen Street Capital Limited, purchased 19,704 ordinary shares of GBP0.01 each in the Company in the placing announced by the Company on 9 December 2016. The 19,704 ordinary shares were purchased through Hap Limited, which is 50% owned by Steve Plowman and 50% owned by his wife Samantha Plowman.

As a result, Mr. Plowman and his wife have an indirect interest in 19,704 ordinary shares through Hap Limited, representing 0.10 per cent. of the total voting rights of the Company.

Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------- 
 a)   Name                       Hap Limited 
---  -------------------------  ------------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status            Hap Limited is a person closely 
                                  associated with PDMR Steve 
                                  Plowman, an employee of Honeycomb 
                                  Investment Trust plc's investment 
                                  manager, Pollen Street Capital 
                                  Limited. Hap Limited is owned 
                                  50/50 by Steve Plowman and 
                                  his wife Samantha Plowman, 
                                  who is a person closely associated 
                                  with Steve Plowman. 
---  -------------------------  ------------------------------------ 
 b)   Initial notification       Initial notification 
       /Amendment 
---  -------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                       Honeycomb Investment Trust 
                                  plc 
---  -------------------------  ------------------------------------ 
 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 GBP0.01 
       the financial              each in Honeycomb Investment 
       instrument, type           Trust plc 
       of instrument              ISIN: GB00BYZV3G25 
       Identification 
       code 
---  -------------------------  ------------------------------------ 
 b)   Nature of the              Acquisition by Hap Limited 
       transaction                of 19,704 Ordinary Shares 
                                  of GBP0.01 each in Honeycomb 
                                  Investment Trust plc under 
                                  the placing announced by 
                                  Honeycomb Investment Trust 
                                  plc on 9 December 2016. 
---  -------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)      Price(s)    Volume(s) 
                                  ----------  ---------- 
                                   GBP10.15    19,704 
                                  ----------  ---------- 
---  -------------------------  ------------------------------------ 
 d)   Aggregated information 
       - Aggregated volume         19,704 
       - Price                     GBP199,995.60 
---  -------------------------  ------------------------------------ 
 e)   Date of the transaction    16 December 2016 
---  -------------------------  ------------------------------------ 
 f)   Place of the transaction   Outside of a trading venue 
---  -------------------------  ------------------------------------ 
 

ENQUIRIES

For further information, please contact:

Pollen Street Capital Limited

Lindsey McMurray / James Scott / Matthew Potter

020 3728 6750

Liberum Capital Limited

Chris Clarke / Henry Freeman / Robert Johnson

020 3100 2000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 16, 2016 09:57 ET (14:57 GMT)