Aquila Services Group PLC Director/PDMR Shareholding (7324E)

TIDMAQSG

RNS Number : 7324E

Aquila Services Group PLC

09 November 2020

For immediate release

9 November 2020

Aquila Services Group plc

("Aquila" or the "Company")

Director/PDMR Shareholding

Aquila, the quoted parent company of three main trading subsidiaries which provide professional consultancy and support services to organisations and businesses involved in the affordable housing, education, sports and community services sectors announces that it has been informed of the following dealings by a PDMR.

On 29 September 2020, Chris Wood, a director of the Company's subsidiaries, in principal agreed to sell off-market 17,000 shares (held in certificated form) to 5 members of staff, in blocks of 1,000 shares for 24.7p per share being the midmarket price on 21 September 2020 of 26p, less a discount of 5% due to not selling through a broker.

The individual sales and stock transfer forms were subsequently executed and sent out to the individuals on 6 October 2020. Settlement and execution of the transfers was delayed due to the relevant share certificate being mislaid and pending issue of a replacement certificate by the Registrars.

On 4 November 2020, Aquila was informed that following issue of the replacement certificate, the settlement of the transfer of 7,000 shares had taken place on 22 October 2020 and the remaining 10,000 have been lodged with the stamp duty office awaiting approval for subsequent settlement.

Following the sale of 17,000 shares, Mr Wood remains interested in 3,262,440 shares in Aquila representing 8.18% of the Company's issued share capital.

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

The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

For further information please visit www.aquilaservicesgroup.co.uk . or contact:

Aquila Services Group plc

Claire Banks, Group Finance Directors

Tel: [phone]

Beaumont Cornish Limited, Financial Adviser

Roland Cornish

Tel: [phone]

Appendix 1

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Christopher Wood 
     --------------------------  -------------------------------- 
 2    Reason for notification 
     ------------------------------------------------------------ 
 a)   Position / status           PDMR 
     --------------------------  -------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  -------------------------------- 
 3    Details of t he issu er, e mission allow a n ce m a 
       r k et participan t, au ct ion plat for m, au ction 
       eer or auc tion monitor 
     ------------------------------------------------------------ 
 a)   Name                        Aquila Services Group plc 
     --------------------------  -------------------------------- 
 b)   LEI                         213800YHTDDQX5MZZW83 
     --------------------------  -------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ------------------------------------------------------------ 
 a)   Description of the          Ordinary Shares of GBP0.05 each 
       financial instrument, 
       t ype of instrument 
       I d e ntification           ISIN GB00BPYP3Q26 
       code 
     --------------------------  -------------------------------- 
      Nature of the transaction   Sale of 17,000 ordinary shares 
     --------------------------  -------------------------------- 
      Price(s) and volumes(s)       Price(s)   Volumes(s) 
                                     24.7p      17,000 
                                               ----------- 
     --------------------------  -------------------------------- 
 d)   Aggregated information      17,000 ordinary shares 
     --------------------------  -------------------------------- 
 e)   Date of the transaction     2020 /10/06 
     --------------------------  -------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  -------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHQKLFBBFLEFBQ

(END) Dow Jones Newswires

November 09, 2020 11:58 ET (16:58 GMT)