PureCircle Limited PDMR Notification (0068M)

TIDMPURE

RNS Number : 0068M

PureCircle Limited

05 May 2020

PureCircle Limited (the "Company")

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

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                      Lai Hock Meng (Peter) 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status:           Chief Executive Officer 
     -------------------------  -------------------------------------------- 
 b)   Initial notification       Initial notification 
       /Amendment: 
     -------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                       PureCircle Limited 
     -------------------------  -------------------------------------------- 
 b)   LEI                        213800K2PU757HGDAW11 
     -------------------------  -------------------------------------------- 
 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 US$0.10 each in the 
       the financial              capital of PureCircle Limited ('Ordinary 
       instrument, type           Shares') 
       of instrument 
       Identification 
       code 
                                  BMG7300G1096 
     -------------------------  -------------------------------------------- 
 b)   Nature of the              Issue of 101,693 Ordinary Shares being 
       transaction                settlement of 50% of the CEO's salary 
                                  in Shares for quarter ended 31 March 2020 
                                  (pro-rated) and 30 June 2020 respectively, 
                                  according to his employment contract with 
                                  the Company. 
     -------------------------  -------------------------------------------- 
 c)   Price(s) and                 Price(s)    Volume(s) 
       volume(s) 
                                     Nil         101,693 
                                               ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated information 
       - Aggregated                101,693 Ordinary Shares 
       volume                      Nil 
       - Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the transaction    2020-05-05 
     -------------------------  -------------------------------------------- 
 f)   Place of the               Outside trading venue 
       transaction 
     -------------------------  -------------------------------------------- 
 

This announcement is made in accordance with the requirements of the EU Market Abuse Regulation ("MAR") and the Company confirms that the PDMR's notification obligations under MAR have also been satisfied.

Name of officer of issuer responsible for making notification: Kan Siew Mei

Date of Notification: 5 May 2020

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May 05, 2020 09:31 ET (13:31 GMT)