Porta Communications PLC Director Dealing (4985D)

TIDMPTCM

RNS Number : 4985D

Porta Communications PLC

31 January 2018

31 January 2018

Porta Communications Plc

("Porta" or the "Company" or the "Group")

Director Dealing

Porta Communications Plc, the AIM quoted international marketing and communications business, has been notified that Mr John Foley, the Non-Executive Chairman of the Company, has today purchased 4,700,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 3.5p per Ordinary Share.

Following this purchase, Mr Foley is beneficially interested in 5,665,079 Ordinary Shares in Porta, representing 1.24 per cent. of the Company's issued share capital.

-- ends --

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

Enquiries

Porta Communications Plc

Steffan Williams, CEO

Rhydian Bankes, CFO

www.portacomms.com

[phone]

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett

Samantha Harrison

[phone]

N+1 Singer (Broker)

James Maxwell

Lauren Kettle

[phone]

Newgate Communications (Media Enquiries)

Bob Huxford

Adam Lloyd

James Ash

[phone]

[e-mail]

Notes to Editors

Porta is a fully integrated communications and marketing group with specialisms including financial, corporate and consumer public relations, public affairs and research and multi-capability marketing, brand and creative communications.

The group has offices in Abu Dhabi, Beijing, Brisbane, Bristol, Canberra, Cardiff, Edinburgh, Hong Kong, London, Manchester, Melbourne, Perth, Singapore and Sydney.

The brands and companies it owns are Newgate Communications, Redleaf Communications, Publicasity, 2112 Communications and Summit Marketing Services.

Porta Communications' corporate website is www.portacomms.com

The notifications below are made in accordance with the requirements of the EU regulation on market abuse.

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                            John Robert Foley 
----  ------------------------------  ------------------------------------ 
 2     Reason for the notification 
----  -------------------------------------------------------------------- 
 a)    Position/status                 Non-Executive Chairman 
----  ------------------------------  ------------------------------------ 
 b)    Initial notification            Initial notification 
        /Amendment 
----  ------------------------------  ------------------------------------ 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------------- 
 a)    Name                            Porta Communications Plc 
----  ------------------------------  ------------------------------------ 
 b)    LEI                             213800E2NB62KDYYOM55 
----  ------------------------------  ------------------------------------ 
 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 1 pence 
        the financial                   each 
        instrument, type 
        of instrument                   ISIN: GB00B71C7K21 
---- 
 
       Identification 
        code 
 
 b)    Nature of the                   Acquisition of ordinary shares 
        transaction 
----  ------------------------------  ------------------------------------ 
 c)    Price(s) and volume(s) 
----                                   ---------------  ---------------- 
                                        Price(s)         Volume(s) 
----                                   ---------------  ---------------- 
                                        3.5p             4,700,000 
                                       ---------------  ---------------- 
 
 d)    Aggregated information 
---- 
 
  - Aggregated volume             4,700,000 
 
  - Price                         3.5p 
 
   - Aggregated total              GBP164,500 
 
 e)    Date of the transaction         31 January 2018 
----  ------------------------------  ------------------------------------ 
 f)    Place of the transaction        London Stock Exchange, AIM 
                                        Market (XLON) 
----  ------------------------------  ------------------------------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 31, 2018 07:45 ET (12:45 GMT)