Van Elle Holdings PLC Director/PDMR Shareholding (7426X)

TIDMVANL

RNS Number : 7426X

Van Elle Holdings PLC

23 December 2019

23 December 2019

Van Elle Holdings plc

('Van Elle', the 'Group' or the 'Company')

Director PDMR Shareholding

Van Elle Holdings plc (AIM:VANL) announces that it has been notified that Mr Mark Cutler, Chief Executive Officer, has purchased 22,597 ordinary shares in the Company, at an average price of 46.81 pence per share.

Following this transaction, Mr Cutler has an interest in 99,099 ordinary shares in the Company, representing 0.12 per cent. of the issued share capital.

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 
            1.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Mark Cutler 
                ------------------------------  -------------------------------- 
            2.   Reason for the notification 
                ---------------------------------------------------------------- 
            a.   Position/status                 Chief Executive Officer 
                ------------------------------  -------------------------------- 
            b.   Initial notification            Initial notification 
                  /Amendment 
                ------------------------------  -------------------------------- 
            3.   Details of the issuer, emission allowance market participant, 
                  auction platform, auctioneer or auction monitor 
                ---------------------------------------------------------------- 
            a.   Name                            Van Elle Holdings plc 
                ------------------------------  -------------------------------- 
            b.   LEI                             213800LQC6YL8KJT1Y18 
                ------------------------------  -------------------------------- 
            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 GBP0.02 each 
                  the 
                  Financial instrument, 
                  type of instrument 
                                                  ISIN: GB00BYX4TP46 
                  Identification 
                  code 
                ------------------------------  -------------------------------- 
            b.   Nature of the 
                  transaction                      Purchase of ordinary shares 
                ------------------------------  -------------------------------- 
            c.   Price(s) and                      Price(s)    Volume(s) 
                  volume(s)                          46.0401p      12,500 
                                                     47.0000p       5,000 
                                                     48.5000p       5,097 
                                                               ---------- 
                ------------------------------  -------------------------------- 
            d.        Aggregated information 
                        *    Aggregated volume 
                                                   22,597 shares 
 
                        *    Price                 46.81p per share 
                ------------------------------  -------------------------------- 
            e.   Date of the transaction         20 December 2019 
                ------------------------------  -------------------------------- 
            f.   Place of the                    London Stock Exchange, AIM 
                  transaction 
                ------------------------------  -------------------------------- 
 

Enquiries:

 
 Instinctif Partners (Financial Public   Tel: [phone] 
  Relations) 
 Mark Garraway 
  James Gray 
  Rosie Driscoll 
 
 Peel Hunt LLP (Nominated Adviser and    Tel: [phone] 
  corporate broker) 
 Charles Batten 
  Mike Bell 
  Edward Allsopp 
 

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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December 23, 2019 02:00 ET (07:00 GMT)