Synnovia PLC Director/PDMR Shareholding (0696E)

TIDMSYN

RNS Number : 0696E

Synnovia PLC

01 July 2019

1 July 2019

Synnovia plc

("Synnovia" or the "Group")

Director/PDMR Dealings

The Company announces a transfer by the trustee of the FR Family Discretionary Trust, of which Faisal Rahmatallah, Chairman of the Group, is a discretionary beneficiary. The transfer was made to the trust of which Mr Rahmatallah's wife is a discretionary beneficiary.

The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                    R&H Trust Co (Jersey) Limited as Trustee of 
                               the FR Family Discretionary Trust 
     ---------------------  ------------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status        The FR Family Discretionary Trust, a PCA with 
                              Faisal Rahmatallah, Chairman of the Group 
     ---------------------  ------------------------------------------------ 
 b)   Initial notification   Initial 
       /Amendment 
     ---------------------  ------------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                   Synnovia plc 
     ---------------------  ------------------------------------------------ 
 b)   LEI                    213800EN5TUVOZKU6W30 
     ---------------------  ------------------------------------------------ 
 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 1p each 
       instrument, 
       type of instrument 
       Identification          ISIN: GB00B289KK20 
       code 
     ---------------------  ------------------------------------------------ 
 b)   Nature of              Transfer of ordinary shares of 1p each from the 
       the transaction        FR Family Discretionary Trust 
     ---------------------  ------------------------------------------------ 
 c)   Price(s)                 Price(s)       Volume(s) 
       and volume(s)                 GBPNil    512,463 
                                              ---------- 
     ---------------------  ------------------------------------------------ 
 d)   Aggregated 
       information             N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------ 
 e)   Date of the            1 July 2019 
       transactions 
     ---------------------  ------------------------------------------------ 
 f)   Place of               Off market 
       the transactions 
     ---------------------  ------------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                   R&H Trust Co (Jersey) Limited as Trustee of the 
                              Sable Trust 
     ---------------------  -------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status        Sable Trust of which Jane Margaret O'Riordan, 
                              Wife of Faisal Rahmatallah, Chairman of Synnovia 
                              plc (separated, decree Nisi) is a discretionary 
                              beneficiary 
     ---------------------  -------------------------------------------------- 
 b)   Initial notification   Initial 
       /Amendment 
     ---------------------  -------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                   Synnovia plc 
     ---------------------  -------------------------------------------------- 
 b)   LEI                    213800EN5TUVOZKU6W30 
     ---------------------  -------------------------------------------------- 
 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 1p each 
       instrument, 
       type of instrument 
       Identification          ISIN: GB00B289KK20 
       code 
     ---------------------  -------------------------------------------------- 
 b)   Nature of              Receipt of ordinary shares of 1p each from the 
       the transaction        FR Family Discretionary Trust 
     ---------------------  -------------------------------------------------- 
 c)   Price(s)                 Price(s)       Volume(s) 
       and volume(s)                 GBPNil    512,463 
                                              ---------- 
     ---------------------  -------------------------------------------------- 
 d)   Aggregated 
       information             N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  -------------------------------------------------- 
 e)   Date of the            1 July 2019 
       transactions 
     ---------------------  -------------------------------------------------- 
 f)   Place of               Off market 
       the transactions 
     ---------------------  -------------------------------------------------- 
 

For further information, please contact:

 
 Synnovia plc                   Tel: [phone] 
 Faisal Rahmatallah, Chairman 
 Nick Ball, Finance Director 
 
 Cenkos Securities              Tel: [phone] 
 (Nomad and joint broker) 
 Mark Connelly 
 Callum Davidson 
 
 Allenby Capital Limited        Tel: [phone] 
 (Joint broker) 
 David Hart 
 
 

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July 01, 2019 09:22 ET (13:22 GMT)