Primorus Investments PLC Director/PDMR Shareholding (6909S)

TIDMPRIM

RNS Number : 6909S

Primorus Investments PLC

04 October 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 3 October 2017, Alastair Clayton, Executive Director of the Company, acquired 250,000 Primorus ordinary shares at a price of 0.23 pence per share, and on 4 October he acquired a further 2,750,000 Primorus ordinary shares at a price of 0.25 pence per share, together representing 0.13% of the Company's issued ordinary share capital. Following the acquisition, Mr Clayton now holds an interest in 70,000,000 Primorus ordinary shares, representing approximately 3.05% 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 
 
 
 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) 
----  -------------------------        -------------  ----------- 
                                        0.0023 GBP     250,000 
     0.0025 GBP                                         2,750,000 
   -------------------------------------------------  ----------- 
 
 d.    Aggregated 
        information 
   - Aggregated               3,000,000 
    Volume 
   - Price                     0.0025 GBP 
 -------------------------  ----------------------------------------- 
 e.    Date of the                3/10/2017 and 4/10/2017 
        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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October 04, 2017 05:56 ET (09:56 GMT)