Sureserve Group PLC Exercise of Options and Total Voting Rights (9552A)

TIDMSUR

RNS Number : 9552A

Sureserve Group PLC

07 June 2021

Sureserve Group plc

("Sureserve" or the "Group")

Exercise of Options and Total Voting Rights

Director/PDMR Shareholding

Sureserve (AIM: SUR), the compliance and energy services Group, announces that pursuant to the exercise of options by employees under the Company's Sharesave Plan , it has issued and allotted, subject to admission to trading on AIM ("Admission"), 198,525 new ordinary shares of 10 pence each (the "Ordinary Shares") at an exercise price of 34 pence each.

As part of these option exercises, John Charlton, Group Company Secretary and a PDMR, has exercised options in respect of 15,882 new Ordinary Shares. Following the exercise, Mr Charlton has a total beneficial interest in 26,454 Ordinary Shares, representing 0.02% of the issued share capital of the Company.

Application for admission of the New Ordinary Shares to trading on AIM has been made and dealings in the new Ordinary Shares are expected to commence at 8.00 a.m. on 8 June 2021. The new Ordinary Shares will rank pari-passu with the Company's existing issued ordinary shares.

Total Voting Rights

Following Admission, the total number of Ordinary Shares in issue will be 160,978,843. The Company does not hold any Ordinary Shares in treasury. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

Enquiries

 
 Sureserve Group 
 Nick Winks, Chairman                    c/o Camarco 
 Peter Smith, Interim Chief Operating 
  Officer 
  and Chief Financial Officer            07590 929 431 
 
 Camarco (Financial Public Relations) 
 Ginny Pulbrook                          020 3757 4992 
 Ollie Head 
 
 Shore Capital (Nominated Adviser and Broker) 
 Stephane Auton                          020 7408 4090 
 Daniel Bush 
 Fiona Conroy 
 

Notes to editors

Sureserve is a leading compliance and energy services group that performs critical functions in homes, public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Services are delivered through two divisions: Compliance and Energy Services.

The Group was founded in 1988 and is headquartered in Basildon and currently employs some 2,299 staff.

The notification set out below is made in accordance with the UK version of the EU Market Abuse Regulation (2014/596/EU) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

 
 1     Details of the person discharging managerial responsibilities/person 
        closely associated 
 a)    Name                                      John Charlton 
      ----------------------------------------  --------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------------- 
 a)    Position/status                           Group Company Secretary (PDMR) 
      ----------------------------------------  --------------------------------------------- 
 b)    Initial notification/                     Initial Notification 
        Amendment 
      ----------------------------------------  --------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------------- 
 a)    Name                                      Sureserve Group plc 
      ----------------------------------------  --------------------------------------------- 
 b)    LEI                                       213800FHUTNVX8LWPH50 
      ----------------------------------------  --------------------------------------------- 
 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 10p each in the capital 
        the financial                             of Sureserve Group plc 
        instrument, type 
        of instrument                             GB00BSKS1M86 
        Identification 
        code 
      ----------------------------------------  --------------------------------------------- 
 b)    Nature of the                             Purchase of Ordinary Shares pursuant to 
        transaction                               the exercise of options. 
      ----------------------------------------  --------------------------------------------- 
                                                        Price(s)              Volume(s) 
      ----------------------------------------  ----------------------  --------------------- 
 c)    Price(s) and volume(s)                           34.00p                  15,882 
      ----------------------------------------  ----------------------  --------------------- 
 d)    Aggregated information                    N/A - single transaction 
        - Aggregated price 
        - Aggregated volume 
        - Aggregated total 
      ----------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                   8 June 2021 
      ----------------------------------------  --------------------------------------------- 
 f)    Place of the transaction                  Off market transaction 
      ----------------------------------------  --------------------------------------------- 
 

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June 07, 2021 02:00 ET (06:00 GMT)