Utilitywise plc Director/PDMR Shareholding (9173N)

TIDMUTW

RNS Number : 9173N

Utilitywise plc

01 November 2016

31 October 2016

Utilitywise plc

("Utilitywise" or the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them (in accordance with the Market Abuse Regulations)

Utilitywise plc (AIM:UTW), a leading independent utility cost management consultancy, has been notified that on 31 October 2016 Brendan Flattery, Chief Executive Officer, acquired 60,000 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of GBP1.65369 per Ordinary Share (the 'Purchase').

Following the Purchase, Mr Flattery is interested in 60,000 Ordinary Shares representing approximately 0.076% of the issued share capital of the Company.

For further information:

 
Utilitywise plc                                    0330 303 0233 
Brendan Flattery (CEO) 
Jon Kempster (CFO) 
 
finnCap (NOMAD and broker)                         020 7220 0500 
Matt Goode/ Grant Bergman (Corporate Finance) 
Simon Johnson (Corporate Broking) 
 Liberum (Joint broker)                              020 3100 2000 
Robert Morton/ Steve Pearce 
Redleaf Communications                             020 7382 4730 
Rebecca Sanders-Hewett/ David Ison/ Susie Hudson 
 

About Utilitywise

Utilitywise is a leading independent utility cost management consultancy based in Newcastle. The Group has established trading relationships with a number of major UK and European energy suppliers and provides services to its customers designed to assist them in achieving better value out of their energy contracts, reduced energy consumption and lower carbon footprint.

Details of the full notification received by the Company are set out below:

 
 1.   Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                             Brendan Flattery 
---  -------------------------------  -------------------------------- 
 2.   Reason for the Notification 
---  ----------------------------------------------------------------- 
 a)   Position/status                  Chief Executive Officer 
---  -------------------------------  -------------------------------- 
 b)   Initial notification/Amendment   Initial 
---  -------------------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                             Utilitywise 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 0.1 pence 
       the Financial                    each in Utilitywise plc 
       instrument, type 
       of instrument 
--- 
      Identification                   GB00B6WVD707 
       code 
---  -------------------------------  -------------------------------- 
 b)   Nature of the                    Acquisition of ordinary shares 
       transaction 
---  -------------------------------  -------------------------------- 
 c)   Price(s) and                      Price(s)      Volume(s) 
       volume(s)                        ------------  ---------- 
                                         GBP1.65369    60,000 
                                        ------------  ---------- 
---  -------------------------------  -------------------------------- 
 d)   Aggregated information:          Purchase of 60,000 ordinary 
                                        shares of 0.1p each in the 
                                        capital of Utilitywise plc 
                                        at a price of GBP1.65369 pence 
                                        per share 
---  -------------------------------  -------------------------------- 
 e)   Date of the transaction          31 October 2016 
---  -------------------------------  -------------------------------- 
 f)   Place of the                     The AIM market of the London 
       transaction                      Stock Exchange 
---  -------------------------------  -------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 01, 2016 03:00 ET (07:00 GMT)