SafeCharge International Group Ltd Director/PDMR Shareholding (6913D)

TIDMSCH

RNS Number : 6913D

SafeCharge International Group Ltd

01 February 2018

SafeCharge International Group Limited

("SafeCharge" or the "Company")

Notification of Transaction by Director / PDMR

Exercise of Options & Sale of Shares

SafeCharge (AIM: SCH), a leader in advanced payment technologies, announces that on 1 February 2018, Yuval Ziv, Chief Operating Officer, exercised options over 300,000 ordinary shares in the Company (of which 60,000 at a price of 121.0 pence per share and 240,000 at a price of 225.5 pence per share). These options were granted under the Company's 2011 Global Share Option Plan. These shares were immediately sold at 308.0 pence per share.

Following the sale of shares Yuval Ziv's shareholding in SafeCharge remains unchanged at 7,040 ordinary shares in the Company, representing 0.005 per cent. of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                      Yuval Ziv 
---  ------------------------  ---------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status           Chief Operating Officer 
---  ------------------------  ---------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ---------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                      SafeCharge International 
                                 Group 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 
       the financial              Ordinary shares of US$0.0001 
       instrument, type           value 
       of instrument 
 
       Identification             GG00BYMK4250 
       code 
---  ------------------------  ---------------------------------- 
 b)   Nature of the             Exercise of options under 
       transaction               the SafeCharge 2011 Global 
                                 Share Option Plan and subsequent 
                                 sale of those shares 
---  ------------------------  ---------------------------------- 
 c)   Price(s) and                Price(s)    Volume(s) 
       volume(s)                  ----------  ---------------- 
                                   GBP 1.210   60,000 options 
                                    each        exercised 
                                  ----------  ---------------- 
                                   GBP 2.255   240,000options 
                                    each        exercised 
                                  ----------  ---------------- 
                                   GBP 3.080   300,000ordinary 
                                    each        shares sold 
                                  ----------  ---------------- 
---  ------------------------  ---------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated               300,000 shares 
       volume 
 
                                  GBP 3.080 
       - Price 
---  ------------------------  ---------------------------------- 
 e)   Date of the transaction   1 February 2018 
---  ------------------------  ---------------------------------- 
 f)   Place of the              London Stock Exchange, AIM 
       transaction 
---  ------------------------  ---------------------------------- 
 

For further information contact:

 
       SafeCharge International 
        Group Limited 
        David Avgi, Chief Executive 
        Officer 
        Tsach Einav, Chief Financial 
        Officer 
        c/o FTI Consulting                    [phone] 
       Jean Beaubois, Head of 
        Investor Relations                    [phone] 
       Shore Capital 
        Mark Percy 
        Toby Gibbs                            [phone] 
       FTI Consulting 
        Matthew O'Keeffe 
        Elena Kalinskaya                      [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 01, 2018 10:50 ET (15:50 GMT)