Shearwater Group PLC Director/PDMR Shareholding (8801U)

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RNS Number : 8801U

Shearwater Group PLC

08 December 2021

8 December 2021

SHEARWATER GROUP PLC

("Shearwater" or the "Company")

Director/PDMR Shareholding

Shearwater Group plc (AIM: SWG) announces that on 7 December 2021 Wentworth Limited, a company in which the Company's Chairman, David Williams, has a beneficial interest, purchased 185,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of 95 pence per share.

Following this purchase, Mr. Williams is beneficially interested in a total of 1,618,757 Ordinary Shares, representing [6.8]% of the Company's issued ordinary share capital.

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

Enquiries:

 
 Shearwater Group plc                   www.shearwatergroup.com 
  David Williams                         c/o Alma PR 
  Phil Higgins 
 Cenkos Securities plc - NOMAD and 
  Joint Broker 
  Ben Jeynes / Max Gould - Corporate 
  Finance 
  Julian Morse / Michael Johnson 
  - Sales                               [phone] 
 Berenberg - Joint Broker 
  Matthew Armitt / Mark Whitmore        [phone] 
 Alma PR                                [e-mail] 
  Susie Hudson / Caroline Forde /        [phone] 
  Joe Pederzolli 
 

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Wentworth Limited 
     ---------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status              Person closely associated with David 
                                    Williams, Chairman 
     ---------------------------  -------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  -------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                         Shearwater Group plc 
     ---------------------------  -------------------------------------- 
 b)   LEI                          213800ZRUKUYDJLKD504 
     ---------------------------  -------------------------------------- 
 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           Ordinary shares of 1 pence each 
       financial instrument, 
       type of instrument 
       Identification code          GB00B00T3528 
     ---------------------------  -------------------------------------- 
 b)   Nature of the transaction    Purchase of Ordinary Shares 
     ---------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)         Price(s)    Volume(s) 
                                      95 pence    185,000 
                                                 ---------- 
     ---------------------------  -------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume           N/A - single transaction 
       - Price 
     ---------------------------  -------------------------------------- 
 e)   Date of the transaction      7 December 2021 
     ---------------------------  -------------------------------------- 
 f)   Place of the transaction     London Stock Exchange, AIM 
     ---------------------------  -------------------------------------- 
 

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END

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December 08, 2021 02:00 ET (07:00 GMT)