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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pressure Technologies Plc | LSE:PRES | London | Ordinary Share | GB00B1XFKR57 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.50 | -3.57% | 40.50 | 40.00 | 41.00 | 42.00 | 40.50 | 42.00 | 26,500 | 11:21:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Fluid Powr Cylindrs,actuatrs | 31.94M | -679k | -0.0219 | -18.95 | 12.89M |
TIDMPRES
RNS Number : 9664X
Pressure Technologies PLC
27 February 2017
Pressure Technologies plc ("the Company")
PDMR transaction - Initial Notification
Pressure Technologies plc announces that on 23 February 2017, 5,000 shares of 5 pence each in the Company were disposed of by Philip Cammerman, a Person Discharging Managerial Responsibility ("PDMR"). This sale was carried out as part of a tax planning exercise. Following the sale Philip Cammerman retains a shareholding of 30,000 shares representing 0.21% 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 Philip Cammerman ---- ------------------------------ -------------------------------- 2 Reason for the notification ---- ---------------------------------------------------------------- a) Position/status Non-executive Director ---- ------------------------------ -------------------------------- b) Initial notification Initial notification /Amendment ---- ------------------------------ -------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- ---------------------------------------------------------------- a) Name Pressure Technologies plc ---- ------------------------------ -------------------------------- b) LEI 213800PTKN1VDP2DIN05 ---- ------------------------------ -------------------------------- 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 5 pence the financial instrument, type of instrument ---- Identification GB00B1XFKR57 code b) Nature of the Disposal transaction ---- ------------------------------ -------------------------------- c) Price(s) and volume(s) ---- ------------- -------------- Price(s) Volume(s) ---- ------------- -------------- 190p 5,000 ------------- -------------- d) Aggregated information ---- - Aggregated volume 5,000 - Price 190p e) Date of the transaction 23 February 2017 ---- ------------------------------ -------------------------------- f) Place of the transaction London Stock Exchange ---- ------------------------------ --------------------------------
Name of authorised official of issuer responsible for making notification:
Alexander Tristram, Company Secretary
Date of Notification:
27 February 2017
COMPANY DESCRIPTION
Company description - www.pressuretechnologies.com
With its head office in Sheffield, Pressure Technologies was founded on its leading market position as a designer and manufacturer of high-pressure systems serving the global energy, defence and industrial gases markets. Today it continues to serve those markets from a broader engineering base with specialist precision engineering businesses and has a worldwide presence in Alternative Energy as a global leader in biogas upgrading. On this foundation, the company is building a highly profitable group of companies through a combination of organic initiatives and acquisitions.
Pressure Technologies has four divisions, Precision Machined Components, Engineered Products, Cylinders and Alternative Energy, serving four markets: oil and gas, defence, industrial gases and alternative energy.
Precision Machined Components
-- Al-Met, Mid Glamorgan, acquired in 2010 www.almet.co.uk -- Roota Engineering, Rotherham, acquired in March 2014 www.roota.co.uk -- Quadscot, Glasgow, acquired in October 2014 www.quadscot.co.uk -- Martract Limited, Barton-on-Humber, acquired in December 2016 www.martract.co.uk
Engineered Products
-- Hydratron, Manchester, acquired in 2010 www.hydratron.com
Cylinders
-- Chesterfield Special Cylinders, Sheffield, IPO cornerstone in 2007 www.chesterfieldcylinders.com
-- Kelley GTM Manufacturing, Amarillo, USA - 40% stake acquired by the Group in December 2013 www.kelleygtm.com
Alternative Energy
-- Greenlane Biogas, Sheffield, UK; Vancouver, Canada and; Auckland, New Zealand acquired in October 2014 www.greenlanebiogas.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
February 27, 2017 10:16 ET (15:16 GMT)
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