Reconstruction Capital II Ltd Director/PDMR Shareholding (9900M)

TIDMRC2

RNS Number : 9900M

Reconstruction Capital II Ltd

19 October 2016

19 October 2016

Reconstruction Capital II Limited (the "Company")

Director/PDMR Shareholding

The information set out below is provided in accordance with the requirements of Article 19(3) of the Market Abuse Regulation (EU) No 596/2014.

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                      1. Markus Winkler 
---  ------------------------  ---------------------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------------------ 
 a)   Position/status           1. Director 
---  ------------------------  ---------------------------------------------- 
 b)   Initial notification      1. Initial notification 
       /Amendment 
---  ------------------------  ---------------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------------ 
 a)   Name                      Reconstruction Capital II 
                                 Limited 
---  ------------------------  ---------------------------------------------- 
 b)   LEI                       N/A 
---  ------------------------  ---------------------------------------------- 
 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 EUR0.01 
       the financial             each 
       instrument, type 
       of instrument             ISIN: KYG741521028 
 
       Identification 
       code 
---  ------------------------  ---------------------------------------------- 
 b)   Nature of the             Conversion of loan notes 
       transaction               into ordinary shares 
---  ------------------------  ---------------------------------------------- 
 c)   Price(s) and                Price(s)            Volume(s)   Total 
       volume(s)                  ------------------  ----------  ----------- 
                                        1. EUR0.135    815,100     EUR110,000 
                                  ------------------  ----------  ----------- 
---  ------------------------  ---------------------------------------------- 
 d)   Aggregated information 
                                      1. Aggregated Volume: 815,100 
       - Aggregated                   ordinary shares 
       volume                         Aggregated Price: EUR0.135 
                                      Aggregated Total: EUR110,000 
       - Aggregated 
       Price 
---  ------------------------  ---------------------------------------------- 
 e)   Date of the transaction   1. 19 October 2016 
---  ------------------------  ---------------------------------------------- 
 f)   Place of the              Outside a trading venue 
       transaction 
---  ------------------------  ---------------------------------------------- 
 

Following this transaction, Mr Markus Winkler is the beneficial owner either directly or indirectly of 1,315,100 Ordinary Shares, representing 0.89% of the total issued share capital and voting rights of the Company.

For further information, please contact:

Reconstruction Capital II Limited

Ion Florescu / Anca Moraru

Tel: [phone]

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett / Carolyn Sansom

Tel: [phone]

Panmure Gordon (UK) Limited (Broker)

Paul Fincham/Jonathan Becher

Tel: [phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 19, 2016 11:58 ET (15:58 GMT)