Fulcrum Utility Services Ltd Director's Dealings (1626K)

TIDMFCRM

RNS Number : 1626K

Fulcrum Utility Services Ltd

06 April 2018

6 April 2018

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Director's Dealings

The Company announces the following dealings by Philip Holder, Chairman of the Company, and his wife, comprising a transfer of shares resulting in no change to Mr Holder's beneficial holding in Fulcrum.

On 5 April 2018, Mr Holder sold 37,200 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 71p per share. These shares were subsequently purchased by the ISAs of both Mr Holder and his wife, in equal amounts of 18,600 Ordinary Shares each at a price of 71p per share.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------- 
 a)   Name                       Philip Holder 
---  -------------------------  ------------------------------ 
 2    Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position/status            Chairman 
---  -------------------------  ------------------------------ 
 b)   Initial notification       Initial 
       / amendment 
---  -------------------------  ------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                       Fulcrum Utility Services 
                                  Limited 
---  -------------------------  ------------------------------ 
 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 0.1p each 
       the financial 
       instrument, type 
       of instrument              ISIN: KYG368851047 
 
       Identification 
       code 
---  -------------------------  ------------------------------ 
 b)   Nature of the                   Sale of ordinary shares 
       transaction 
---  -------------------------  ------------------------------ 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    71p per share    37,200 
                                   ---------------  ---------- 
---  -------------------------  ------------------------------ 
 d)   Aggregated information 
       - Aggregated volume         N/A - single transaction 
       - Price 
---  -------------------------  ------------------------------ 
 e)   Date of the transaction    5 April 2018 
---  -------------------------  ------------------------------ 
 f)   Place of the transaction   London Stock Exchange, AIM 
---  -------------------------  ------------------------------ 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       Philip Holder 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Chairman 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial 
       / amendment 
---  -------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                       Fulcrum Utility Services 
                                  Limited 
---  -------------------------  --------------------------------- 
 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 0.1p each 
       the financial 
       instrument, type 
       of instrument              ISIN: KYG368851047 
 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the                   Purchase of ordinary shares 
       transaction                     by his personal ISA 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    71p per share    18,600 
                                   ---------------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
       - Aggregated volume         N/A - single transaction 
       - Price 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    5 April 2018 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM 
---  -------------------------  --------------------------------- 
 
 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       Hiliary Jane Holder 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Wife of Philip Holder, Chairman 
                                  of Fulcrum Utility Services 
                                  Limited 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial 
       / amendment 
---  -------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                       Fulcrum Utility Services 
                                  Limited 
---  -------------------------  --------------------------------- 
 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 0.1p each 
       the financial 
       instrument, type 
       of instrument              ISIN: KYG368851047 
 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the                   Purchase of ordinary shares 
       transaction                     by her personal ISA 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                   ---------------  ---------- 
                                    71p per share    18,600 
                                   ---------------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
       - Aggregated volume         N/A - single transaction 
       - Price 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    5 April 2018 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   London Stock Exchange, AIM 
---  -------------------------  --------------------------------- 
 

Enquiries:

 
Fulcrum Utility Services Limited             +44 (0)114 
 Craig Baugh, Head of Marketing and           280 4150 
 Customer Engagement 
 
 Cenkos Securities plc (Nominated adviser     [phone] 
 and broker)                                  8900 
 Max Hartley (Nomad) / Nick Searle (Sales) 
 
 Camarco (Financial PR advisers)              [phone] 
 Ginny Pulbrook / Tom Huddart                 4992 
 

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the mainland UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiaries, Fulcrum Pipelines Limited and Fulcrum Electricity Assets Limited, Fulcrum is also licensed as an Independent Gas Transporter and Independent Distribution Network Operator, owning and operating gas and electrical assets that connect properties to the main UK gas and electricity networks. Fulcrum is also a meter asset manager, owning and operating meter assets across mainland UK.

In 2018 Fulcrum acquired the Dunamis Group, an electrical infrastructure services company, creating one of the UK's leading gas and electrical infrastructure services groups.

http://www.fulcrum.co.uk/

The company news service from the London Stock Exchange

END

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April 06, 2018 10:03 ET (14:03 GMT)