MS International PLC Director/PDMR Shareholding (2807I)

TIDMMSI

RNS Number : 2807I

MS International PLC

07 August 2019

7 August 2019

MS INTERNATIONAL plc

(the "Company")

Director/PDMR Shareholding

The Company was informed on 7 August 2019 that on the same day, Mr Michael Bell, Executive Chairman, transfered 1,003,671 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") from his personal holding to Ms Adrienne Bell's personal holding ("Transfer"). The Transfer was at 209 pence per Ordinary Share.

Following the Transfer, Mr Bell holds 2,860,238 Ordinary Shares representing approximately 17.08% of the Company's issued share capital and Ms Bell holds 2,044,935 Ordinary Shares representing approximately 12.21% of the Company's issued share capital. The Transfer is part of a personal settlement under which Ms Bell has also agreed to give certain undertakings to Mr Bell in relation to the Ordinary Shares subject to the Transfer. These undertakings include a right of first refusual for Mr Bell and the Board to acquire Ordinary Shares from Ms Bell if she seeks to sell more than 10,000 Ordinary Shares in one transaction. In addition, Ms Bell has been granted certain information rights by Mr Bell in relation to specified Company corporate actions for the duration that Mr Bell is a director of the Company.

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

Template for 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                        Mr Bell and Ms Bell 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Mr Bell is Executive Chairman of 
                                   the Company 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                        MS INTERNATIONAL plc 
     --------------------------  --------------------------------------------- 
 b)   LEI                         213800Q34ZAXQ582YL41 
     --------------------------  --------------------------------------------- 
 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          Ordinary shares of 10 pence each 
       financial instrument, 
       type of instrument 
                                   ISIN: GB0005957005 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction              Transfer of Ordinary Shares from 
                                              Mr Bell's personal holding to Ms 
                                              Bell 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)     Volume(s) 
                                    209 pence    1,003,671 
                                                ---------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A - single transaction 
       - Aggregated volume 
 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     7 August 2019 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  --------------------------------------------- 
 

For further information please contact:

MS INTERNATIONAL plc Tel: [phone]

Michael Bell

Shore Capital

Nomad and Broker Tel: [phone]

Patrick Castle/Daniel Bush

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.

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August 07, 2019 07:56 ET (11:56 GMT)