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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Smoove Plc | LSE:SMV | London | Ordinary Share | GB00BNG8T458 | ORD 0.4P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 53.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSMV
RNS Number : 4590P
Smoove PLC
09 October 2023
Smoove Plc
Directors' Dealings & Holdings in Company
Smoove plc (LSE: SMV, "Company" or "SMV") received notification on 06 October 2023 from Kestrel Partners LLP ("Kestrel") that on 06 October 2023 it purchased for its discretionary clients a total of 1,300,000 ordinary shares of 0.4p each ("Shares") in the Company at an average price of 52 pence per share. The notification also included the matters set out below.
Mr Scott, a non-executive director of SMV, is a partner of Kestrel. Mr Scott is also a shareholder in one of Kestrel's clients ("Kestrel Opportunities") and is therefore deemed to have a beneficial interest in Kestrel Opportunities' entire legal holding in SMV.
Following this notification, Kestrel Opportunities holds (and consequently Mr Scott is deemed to have a beneficial interest in) 10,683,634 Shares in the Company, and other clients of Kestrel, in which Mr Scott has no beneficial interest hold 6,327,461 Shares in the Company.
On a combined basis, Kestrel indirectly holds voting rights over 17,011,095 Shares in the Company, which represents 29.84 per cent of the Company's issued share capital.
Kestrel's interest in the Shares in the Company is held through the following nominees:
Holding Nominee No. of shares % of issued share type capital Bank of New York Nominees Indirect Ltd 10,683,634 18.74% Indirect JIM Nominees Limited 397,434 0.70% Indirect Bank of New York Nominees 4,381,527 7.68% Ltd Indirect Northern Trust Company 1,548,500 2.72% AVFC
It was disclosed in the announcement of 4 October 2023 that Kestrel has signed an agreement with Digcom UK Holdings Limited (an indirect subsidiary of PEXA Group Limited). Pursuant to the agreement Kestrel irrevocably committed to vote the 15,711,095 shares in the Company (that it controlled on 4 October) in favour of the resolutions to implement the terms of the recommended cash acquisition by Digcom of the entire issued and to be issued share capital of the Company to be sanctioned by was of a court sanctioned scheme of arrangement under Part 26 of the Companies Act 2006 (the "Irrevocable"). The additional 1,300,000 shares disclosed as being purchased in this announcement will, under the terms of the Irrevocable, also be irrevocably committed to be voted in favour of the resolutions.
For further information contact:
S moove plc Via Walbrook PR Jesper With-Fogstrup, CEO M ichael Cress , CFO Panmure Gordon (UK) Limited Tel: 020 7886 2500 (Nomad & Broker) Dominic Morley Rupert Dearden Walbrook PR Limited smoove@walbrookpr.com or Tel: 020 7933 8780 Tom Cooper/ Nick Rome
ANNEX
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Details of the person discharging managerial responsibilities 1 / person closely associated a) Name Kestrel Partners LLP ('Kestrel') ----------------------- ------------------------------------------------ Reason for the notification 2 ------------------------------------------------------------------------- a) Position/status PCA - Oliver Rupert Andrew Scott (non-executive director of Smoove plc and Partner in Kestrel) ----------------------- ------------------------------------------------ b) Initial notification Initial /Amendment ----------------------- ------------------------------------------------ Details of the issuer, emission allowance market participant, 3 auction platform, auctioneer or auction monitor ------------------------------------------------------------------------- a) Name Smoove plc ----------------------- ------------------------------------------------ b) LEI 213800TDUOUSIQT2OT29 ----------------------- ------------------------------------------------ Details of the transaction(s): section to be repeated for 4 (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted ------------------------------------------------------------------------- a) Description 0.4p Ordinary Shares of the financial instrument, type of instrument ISIN: GB00BNG8T458 Identification code ----------------------- ------------------------------------------------ b) Nature of the Purchase transaction ----------------------- ------------------------------------------------ c) Price(s) and P urchase volume(s) 06 October 2023 Price(s) pence Volume(s) ----------------- 52 pence 1,300,000 shares ----------------- ----------------------- ------------------------------------------------ d) Aggregated information - Aggregated Total Purchase of 1 ,300 ,000 shares at an volume average of 52 pence . - Price ----------------------- ------------------------------------------------ e) Date of the 06 October 2023 transaction ----------------------- ------------------------------------------------ f) Place of the London AIM transaction ----------------------- ------------------------------------------------
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END
MSCUKUSROBURRAA
(END) Dow Jones Newswires
October 09, 2023 10:29 ET (14:29 GMT)
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