Primorus Investments PLC Director/PDMR Shareholding (1220G)

TIDMPRIM

RNS Number : 1220G

Primorus Investments PLC

24 May 2017

Primorus Investments plc

("Primorus" or the "Company")

Director Dealing

Primorus (PRIM.L) announces the following dealing in the ordinary shares of the Company made by a director.

On 22 May 2017, Alastair Clayton, Executive Director of the Company, acquired 30,250,000 Primorus ordinary shares at an aggregated price of 0.12 pence per share, representing 2.4% of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 30,250,000 Primorus ordinary shares, representing 2.4% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact:

 
 Primorus Investments plc:         [phone] 
 Alastair Clayton 
 
 Nominated Adviser:                [phone] 
 Cairn Financial Advisers LLP 
 James Caithie / Sandy Jamieson 
 
 Broker:                           [phone] 
 Optiva Securities Limited 
 Christian Dennis / Jeremy King 
 

About Primorus

Primorus aims to be the leading early-stage investor in pre-IPO and listed companies with a particular focus on natural resources (primarily energy), consumer services and technology. Through its listed structure Primorus may provide individual investors a route to access a range of private and pre-IPO opportunities that are usually the preserve of family offices, VC and private equity funders.

 
 Notification of a Transaction pursuant to Article 
  19(1) of Regulation (EU) No. 596/2014 
------------------------------------------------------------------- 
 1      Details of the person discharging managerial 
         responsibilities/person closely associated 
-----  ------------------------------------------------------------ 
 a.     Name                       Alastair Raoul Clayton 
                                  --------------------------------- 
 2      Reason for 
         notification 
-----  -------------------------  --------------------------------- 
 a.     Position/Status            Executive Director 
-----  -------------------------  --------------------------------- 
 b.     Initial notification/      Initial 
         Amendment 
-----  -------------------------  --------------------------------- 
 3      Details of the issuer, emission allowance 
         market participant, auction platform, auctioneer 
         or auction monitor 
       ------------------------------------------------------------ 
 a.     Name                       Primorus Investments PLC 
-----  -------------------------  --------------------------------- 
 b.     LEI                        213800XCLCY5I8O3PP36 
-----  -------------------------  --------------------------------- 
 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                Ordinary Shares 
         of the financial 
         instrument, 
         type of instrument 
 
         Identification 
         Code 
-----  -------------------------  --------------------------------- 
 b.     Nature of the              On market Purchase 
         transaction 
-----  -------------------------  --------------------------------- 
 
 c.     Price(s) and                Price(s)        Volume(s) 
         volume(s) 
-----  -------------------------   --------------  ------------- 
    0.0013 GBP 
     0.0013 GBP 
     0.00131 
     GBP                                            5,000,000 
     0.00098                                         10,000,000 
     GBP                                             10,000,000 
     0.00098                                         2,500,000 
     GBP                                             2,750,000 
   ----------------------------------------------  ------------- 
 
 d.     Aggregated 
         information 
   - Aggregated               30,250,000 
    Volume 
   - Price                     0.001244 GBP 
 -------------------------  --------------------------------------- 
 e.     Date of the                22/05/2017 
         transaction 
-----  -------------------------  --------------------------------- 
 f.     Place of the               UK 
         transaction 
-----  -------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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May 24, 2017 07:20 ET (11:20 GMT)