Flowtech Fluidpower PLC Director/PDMR Shareholding (8460L)

TIDMFLO

RNS Number : 8460L

Flowtech Fluidpower PLC

18 May 2022

 
NEWS RELEASE 
 Issued on behalf of Flowtech 
 Fluidpower plc 
 Immediate Release 
 Wednesday, 18 May 2022 
 

FLOWTECH FLUIDPOWER PLC

("Flowtech" or the "Company")

Specialist full-service supplier of technical fluid power products and services

Director / PDMR dealing

Flowtech Fluidpower plc, announces that it has been notified that Jamie Brooke, Non-Executive Director, and Ailsa Webb, Non-Executive Director, have purchased ordinary shares of 50 pence each in the Company ("Ordinary Shares").

Jamie Brooke purchased a total of 15,000 Ordinary Shares on 12 May 2022 at an average price of 120.0 pence per Ordinary Share. Following the transaction, Mr. Brooke is interested in an aggregate of 95,000 Ordinary Shares representing 0.15% of the Company's issued Ordinary Share Capital.

Ailsa Webb purchased in aggregate 40,121 Ordinary Shares between 16 and 17 May 2022 at a volume weighted average price of 124.6 pence per Ordinary Share. Following the transactions, Mrs Webb is interested in an aggregate of 40,121 Ordinary Shares representing 0.06% of the Company's issued Ordinary Share Capital.

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

 
ENQUIRIES: 
Flowtech Fluidpower plc 
 Bryce Brooks, Chief Executive 
 Russell Cash, Chief Financial Officer 
 Tel: [phone] 
 Email: [e-mail] 
 
Liberum (Nominated adviser and Sole Broker) 
 Richard Lindley / Ben Cryer / William Hall / Will King 
 Tel: [phone] 
 
TooleyStreet Communications (IR and media relations) 
 Fiona Tooley 
 Tel: [phone] 
 or email : [e-mail] 
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:

 
1    Details of the person discharging managerial responsibilities 
      / person closely associated 
a)   Name                                    James Brooke 
2    Reason for the notification 
a)   Position/status                         Non-Executive Director / PDMR 
b)   Initial notification /Amendment         Initial notification 
3    Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
a)   Name                                    Flowtech Fluidpower plc 
b)   LEI                                     213800N68SQY5X5XS290 
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 the financial            Ordinary shares of 50 pence each ("Ordinary 
      instrument, type of instrument          Shares") 
     Identification code                     ISIN: GB00BM4NR742 
b)   Nature of the transaction               Purchase of Ordinary Shares 
c)   Price(s) and volume(s) 
                                              Price(s)                  Volume(s) 
   120.0 pence                                                               15,000 
d)   Aggregated information                  N/A 
 - Aggregated volume 
 - Weighted average price 
e)   Date of the transaction                 12 May 2022 
f)   Place of the transaction                XLON 
 
 
1    Details of the person discharging managerial responsibilities 
      / person closely associated 
a)   Name                                   Ailsa Webb 
2    Reason for the notification 
a)   Position/status                        Non-Executive Director / PDMR 
b)   Initial notification /Amendment        Initial notification 
3    Details of the issuer, emission allowance market participant, 
      auction platform, auctioneer or auction monitor 
a)   Name                                   Flowtech Fluidpower plc 
b)   LEI                                    213800N68SQY5X5XS290 
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 the financial           Ordinary shares of 50 pence each ("Ordinary 
      instrument, type of instrument         Shares") 
     Identification code                    ISIN: GB00BM4NR742 
b)   Nature of the transaction              i) Purchase of Ordinary Shares 
                                             ii) Purchase of Ordinary Shares 
c)   Price(s) and volume(s) 
                                                      Price(s)               Volume(s) 
  i)        123.2 pence                                                      402 
  ii)       124.6 pence                                                      39,719 
 
d)   Aggregated information 
 - Aggregated volume                    40,121 
 - Weighted average price               124.6 pence 
e)   Date of the transaction                i) 16 May 2022 
                                             ii) 17 May 2022 
f)   Place of the transaction               XLON 
 

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May 18, 2022 10:07 ET (14:07 GMT)