Airea PLC Director/PDMR Shareholding (1678W)

TIDMAIEA

RNS Number : 1678W

Airea PLC

13 April 2023

AIREA plc

("AIREA", the "Group" or the "Company")

Director/PDMR Dealings

AIREA plc (AIM: AIEA), the UK design-led specialist flooring company, supplying both the UK and international markets , announces that on 13 April 2023, Mederic Payne, Chief Executive Officer, purchased in aggregate 78,000 ordinary shares of 25 pence each ("Ordinary Shares") at an average price of 36.89 pence per Ordinary Share.

Following these transactions, Mederic Payne's total interest in the Company is 78,000 Ordinary Shares representing 0.19 per cent. of the Company's total issued share capital.

Details of these transactions can be found in the Notification of Dealing Forms below.

- Ends -

For further information please contact:

 
 AIREA plc                                   Tel: [phone] 
  Médéric Payne, Chief Executive 
  Officer 
  Ryan Thomas, Chief Financial Officer 
 Singer Capital Markets                      Tel: [phone] 
  (Nominated Adviser and Sole Broker) 
  Peter Steel / Sam Butcher 
 Yellow Jersey PR                            Tel: [phone] 
  (Financial media and PR) 
  Sarah Hollins / Shivantha Thambirajah 
  / Jazmine Clemens 
 

Notes to Editors

AIREA plc is a UK design-led specialist flooring company, supplying both UK and international markets. Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.

The Group's core brand Burmatex(R) is one of the UK's leading designers and manufacturers of commercial carpet tiles and planks. Burmatex(R) focuses on the design and creation of sustainable innovative flooring solutions to meet the needs of architects, specifiers and contractors with a continuously developing range to suit the education, leisure, commercial, hospitality and public sectors. The brand was acquired by AIREA in 1984.

The Group was admitted to trading on AIM of the London Stock Exchange on 12 December 2007.

For further information, please visit: https://aireaplc.com/ .

 
       Details of the person discharging managerial responsibilities 
  1     / person closely associated 
 a)    Name                               Mederic Payne 
      ---------------------------------  ----------------------------------------- 
       Reason for the notification 
  2 
      ---------------------------------------------------------------------------- 
 a)    Position/status                    PDMR (Chief Executive Officer) 
      ---------------------------------  ----------------------------------------- 
 b)    Initial notification               Initial notification 
        /Amendment 
      ---------------------------------  ----------------------------------------- 
       Details of the issuer, emission allowance market participant, 
  3     auction platform, auctioneer or auction monitor 
      ---------------------------------------------------------------------------- 
 a)    Name                               AIREA plc 
      ---------------------------------  ----------------------------------------- 
 b)    LEI                                213800FNWL76NCLZU343 
      ---------------------------------  ----------------------------------------- 
       Details of the transaction(s): section to be repeated 
  4     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                 Ordinary shares of 25 pence each 
        financial instrument, 
        type of instrument 
 
       Identification code                GB00BW9PJQ87 
 
 b)    Nature of the transaction          Purchase of Ordinary Shares 
      ---------------------------------  ----------------------------------------- 
 c)    Price(s) and volume(s) 
                                               -----------------  ------------ 
                                                Price(s)           Volume(s) 
                                               -----------------  ------------ 
                                                36.89 pence        52,000 
     36.89 pence                                                    26,000 
   -------------------------------------------------------------  ------------ 
 
 d)    Aggregated information             78,000 Ordinary Shares 
 
  - Aggregated volume                Average price of 36.89 pence 
 
  - Price 
 
 e)    Date of the transaction            13 April 2023 
      ---------------------------------  ----------------------------------------- 
 f)    Place of the transaction           London Stock Exchange, AIMX 
      ---------------------------------  ----------------------------------------- 
 

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April 13, 2023 10:42 ET (14:42 GMT)