Low & Bonar PLC Director/PDMR Shareholding (8968A)

TIDMLWB

RNS Number : 8968A

Low & Bonar PLC

29 March 2017

Low & Bonar PLC

("Low & Bonar" or the "Company")

Correction to Director/PDMR Shareholding

Low & Bonar has been informed that, further to the announcement of 28 March 2017 in relation to Michael Powell's acquisition of a total of 25,000 ordinary shares of 5 pence each in the Company ("Ordinary Shares"), the 25,000 Ordinary Shares were actually purchased by Michael Powell's wife, Kate Powell.

Following the purchase, Mr Powell continues to have a beneficial interest in nil Ordinary Shares, together with a non-beneficial interest in 25,000 Ordinary Shares, representing 0.008% of the Company's issued share capital.

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:                              Kate Powell 
---  ---------------------------------  ------------------------- 
 2.   Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status:                   Person Closely 
                                          Associated: 
                                          Spouse of 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:                              Low & Bonar 
                                          PLC 
---  ---------------------------------  ------------------------- 
 b)   LEI:                               213800CALFKOEL7N7P10 
---  ---------------------------------  ------------------------- 
 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 5p each 
---  ---------------------------------  ------------------------- 
 b)   Nature of the transaction:         Acquisition 
                                          of shares 
---  ---------------------------------  ------------------------- 
 c)   Price(s) and volume(s):              Price(s)    Volume(s) 
                                           ----------  ---------- 
                                            71 pence       14,000 
 
                                             70.50         11,000 
---  ---------------------------------  ------------------------- 
 d)   Aggregated information:              Price(s)    Volume(s) 
       Aggregated volume:                  ----------  ---------- 
       Price:                               71 pence    14,000 
                                             70.50 
                                              pence      11,000 
                                           ----------  ---------- 
---  ---------------------------------  ------------------------- 
 e)   Date of the transaction:           28 March 2017 
---  ---------------------------------  ------------------------- 
 f)   Place of the transaction:          London Stock 
                                          Exchange 
---  ---------------------------------  ------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 29, 2017 06:35 ET (10:35 GMT)