Synnovia PLC Director/PDMR Shareholding (1819N)

TIDMSYN

RNS Number : 1819N

Synnovia PLC

20 September 2019

20 September 2019

Synnovia plc

("Synnovia" or the "Group")

Director/PDMR Dealings

The Company announces an historic transfer of 202,434 ordinary shares in the Company between nominee accounts, holding shares for the benefit of Faisal Rahmatallah, Executive Chairman of Synnovia.

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                   Faisal Rahmatallah 
     ---------------------  ---------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status        Executive Chairman of Synnovia plc 
     ---------------------  ---------------------------------------------------- 
 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 shares from Suffolk Life Trustees 
       the transaction        Limited as nominee company for the SIPP of Faisal 
                              Rahmatallah to Lawshare Nominees Limited as the 
                              nominee company for the SIPP of Faisal Rahmatallah 
                              for nil consideration. 
     ---------------------  ---------------------------------------------------- 
 c)   Price(s)                 Price(s)       Volume(s) 
       and volume(s)                 GBPNil    202,434 
                                              ---------- 
     ---------------------  ---------------------------------------------------- 
 d)   Aggregated 
       information             N/A - single transaction 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------------------------------- 
 e)   Date of the            30 April 2019 
       transactions 
     ---------------------  ---------------------------------------------------- 
 f)   Place of               Outside a trading venue 
       the transactions 
     ---------------------  ---------------------------------------------------- 
 

For further information, please contact:

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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

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September 20, 2019 11:27 ET (15:27 GMT)