Path Investments plc Director/PDMR Shareholding (1592Q)

TIDMPATH

RNS Number : 1592Q

Path Investments plc

17 June 2020

17 June 2020

Path Investments plc

("Path" or the "Company")

PDMR Share Dealing

Path Investments plc (TIDM: PATH) , the energy and natural resources investment company, announces that it received notification that on 16 June 2020 Tommaso Corrado, a Director of the Company, transferred 600,000 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") to Swerve Energy Ventures Limited, an entity beneficially owned by Mr Corrado at a price of 0.75 pence per Ordinary Share. Following this transaction, the beneficial interest of Mr Corrado remains unchanged.

The notification set out below, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.

 
 1.    Details of Director/PDMR 
 (a)   Name                        T ommaso Corrado 
      --------------------------  ------------------------------------ 
 2.    Reason for notification 
      ---------------------------------------------------------------- 
 (b)   Position / status                        D irector 
      --------------------------  ------------------------------------ 
 (c)   Initial notification        Initial notification 
        / amendment 
      --------------------------  ------------------------------------ 
 3.    Details of the Issuer 
      ---------------------------------------------------------------- 
 (a)   Name                        Path Investments plc 
      --------------------------  ------------------------------------ 
 (b)   LEI                         21380058VQBP76M7TN11 
      --------------------------  ------------------------------------ 
 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 transaction(s) 
        have been conducted 
      ---------------------------------------------------------------- 
 (a)   Description of              Ordinary shares of 0.1 pence each 
        the financial               ISIN GB00BYQD5059 
        instrument, type            PATH 
        of instrument, 
        Identification 
        code 
      --------------------------  ------------------------------------ 
 (b)   Nature of the               Transfer of shares held directly to 
        transaction                 a beneficially owned company 
      --------------------------  ------------------------------------ 
 (c)   Price(s) and volume           Price         Volume 
                                      0.75 pence    600,000 
      --------------------------  ------------------------------------ 
 (d)   Aggregated information      N/A 
      --------------------------  ------------------------------------ 
 (e)   Date of the transactions    16 June 2020 
      --------------------------  ------------------------------------ 
 (f)   Place of the transactions   Outside a trading venue 
      --------------------------  ------------------------------------ 
 

For further information please contact:

 
Path Investments plc                           C/O IFC 
Christopher Theis 
 
Grant Thornton UK LLP (Financial Adviser) 
Samantha Harrison                              020 7865 2411 
Harrison Clarke                                020 7184 4384 
 
IFC Advisory (Financial PR & IR)               020 3934 6630 
Tim Metcalfe 
Zach Cohen 
 
Keith, Bayley, Rogers & Co. Limited (Broker) 
Brinsley Holman                                07776 30 22 28 
Graham Atthill-Beck                            07506 43 41 07 
 

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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June 17, 2020 02:00 ET (06:00 GMT)