Porvair PLC Director/PDMR Shareholding (1392N)

TIDMPRV

RNS Number : 1392N

Porvair PLC

20 September 2019

20 September 2019

Porvair plc ("Porvair" or the "Company")

Director's Shareholding

The Company announces it was notified on 16 September 2019 of the following purchase on 30 August 2019 by Ben Stocks of Ordinary Shares pursuant to the Group's dividend reinvestment plan ("DRIP").

 
Director        Transaction     Price  Number 
Ben Stocks    DRIP purchase   GBP5.66   1,907 
 

Following these dealings, Ben Stocks' holding in the Company has increased by 1,907 Ordinary Shares to 764,840 Ordinary Shares, representing approximately 1.7 per cent. of the Company's issued share capital.

For further information, please contact:

 
 Porvair plc                            01553 765 500 
 Chris Tyler, Group Finance Director 
 
 

Notes to Editors

Porvair is a group of specialist filtration and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 
      1.         Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Ben Stocks 
                ------------------------------  ------------------------------------------ 
            2.   Reason for the notification 
                -------------------------------------------------------------------------- 
            a.   Position/status                 CEO 
                ------------------------------  ------------------------------------------ 
            b.   Initial notification            Initial notification 
                  /Amendment 
                ------------------------------  ------------------------------------------ 
            3.   Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                -------------------------------------------------------------------------- 
            a.   Name                            Porvair plc 
                ------------------------------  ------------------------------------------ 
            b.   LEI                             213800ECKHS8LAQO3C45 
                ------------------------------  ------------------------------------------ 
            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 2p 
                  the 
                  Financial instrument, 
                  type                            GB0006963689 
                  of instrument 
                  Identification 
                  code 
                ------------------------------  ------------------------------------------ 
            b.   Nature of the 
                  transaction                      1) Dividend reinvestment plan 
                ------------------------------  ------------------------------------------ 
            c.   Price(s) and volume(s)                 Price(s)   Volume(s) 
                                                    1)   GBP5.66    1,907 
                                                        ---------  ---------- 
                ------------------------------  ------------------------------------------ 
            d.        Aggregated information 
                        *    Aggregated volume     As above 
 
 
                        *    Price 
                ------------------------------  ------------------------------------------ 
            e.   Date of the transaction         30 August 2019 
                ------------------------------  ------------------------------------------ 
            f.   Place of the transaction        London Stock Exchange, Main Market (XLON) 
                ------------------------------  ------------------------------------------ 
 

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.

END

DSHFMGZLGGKGLZM

(END) Dow Jones Newswires

September 20, 2019 06:38 ET (10:38 GMT)