Inmarsat PLC Director/PDMR Shareholding (3021W)

TIDMISAT

RNS Number : 3021W

Inmarsat PLC

13 November 2017

13 November 2017

Inmarsat plc

(the "Company")

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

Following the announcement on Friday 10 November of purchases made by Andrew Sukawaty, Chairman, and Rupert Pearce, CEO, the following notification is made for Abraham Peled, Senior Independent Director.

This notification is made in accordance the Mark Abuse Regulation.

 
 1    Details of Insider/person closely associated 
 a)   Name.                        Abraham Peled 
===  ===========================  ======================================== 
 2    Reason for the notification share purchase 
 a)   Position/status              Senior Independent Director 
===  ===========================  ======================================== 
 b)   Initial notification         Initial 
       /Amendment 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
===  ===================================================================== 
 a)   Name                         Inmarsat plc 
 b)   LEI                          213800QU7UAKT6KMRF41 
===  ===========================  ======================================== 
 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                  Ordinary shares of Euro 0.0005 
       of the financial             each 
       instrument, 
       type of instrument 
                                    ISIN: GB00B09LSH68 
       Identification 
       code: 
===  ===========================  ======================================== 
 b)   Nature of the                Acquisition of ordinary shares 
       transaction 
 c)   Price(s) and                      Price(s)            Volume(s) 
       volume(s) 
                                         US$7.10               5000 
                                         US$7.15               5000 
                                         US$7.15               4000 
                                         US$7.10               6000 
                                  ===================  =================== 
 
 d)   Aggregated information 
       - Aggregated                  - Aggregated volume 20,000 ordinary 
       volume                        shares 
       - Price.                      - Aggregated Price US$149,600 
===  ===========================  ======================================== 
 e)   Date of the                  November 10, 2017 
       transaction 
 f)   Place of the                 New York Stock Exchange 
       transaction 
===  ===========================  ======================================== 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 13, 2017 04:56 ET (09:56 GMT)