Van Elle Holdings PLC Director/PDMR Shareholding (3142C)

TIDMVANL

RNS Number : 3142C

Van Elle Holdings PLC

07 February 2020

7 Feburary 2020

Van Elle Holdings plc

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

Director PDMR Shareholdings

Van Elle Holdings plc (AIM:VANL) announces that it has been notified of the following transaction in ordinary shares of 2 pence each in the Company ("Ordinary Shares").

Mr Mark Cutler, Chief Executive Officer, purchased 55,603 Ordinary Shares in the Company, at a price of 50.0 pence per share. Following this transaction, Mr Cutler has an interest in 192,767 Ordinary Shares, representing 0.24 per cent. of the issued share capital.

Mr Michael Mason, Group Services Director and a PDMR of the Company, has sold 4,186,961 Ordinary Shares. Following this transaction, Mr Mason does not have an interest in Ordinary Shares.

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)                         50.0p      55,603 
                                                              ---------- 
                ------------------------------  -------------------------------- 
            d.        Aggregated information 
                        *    Aggregated volume 
                                                   n/a 
 
                        *    Price 
                ------------------------------  -------------------------------- 
            e.   Date of the transaction         6 February 2020 
                ------------------------------  -------------------------------- 
            f.   Place of the                    London Stock Exchange, AIM 
                  transaction 
                ------------------------------  -------------------------------- 
 
 
            1.   Details of the person discharging managerial responsibilities 
                  / person closely associated 
      a.         Name                            Mick Mason 
                ------------------------------  -------------------------------- 
            2.   Reason for the notification 
                ---------------------------------------------------------------- 
            a.   Position/status                 Group Services Director 
                ------------------------------  -------------------------------- 
            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                      Sale of ordinary shares 
                ------------------------------  -------------------------------- 
            c.   Price(s) and                      Price(s)   Volume(s) 
                  volume(s)                         50.0p      4,186,961 
                                                              ---------- 
                ------------------------------  -------------------------------- 
            d.        Aggregated information 
                        *    Aggregated volume 
                                                   n/a 
 
                        *    Price 
                ------------------------------  -------------------------------- 
            e.   Date of the transaction         6 February 2020 
                ------------------------------  -------------------------------- 
            f.   Place of the                    London Stock Exchange, AIM 
                  transaction 
                ------------------------------  -------------------------------- 
 

Enquiries:

 
 Van Elle Holdings plc 
 Adrian Barden                           Tel: [phone] 
 
 Instinctif Partners (Financial Public   Tel: [phone] 
  Relations) 
 Mark Garraway 
  James Gray 
  Rosie Driscoll 
 
 Peel Hunt LLP (Nominated Adviser and    Tel: [phone] 
  Corporate Broker) 
 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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February 07, 2020 02:01 ET (07:01 GMT)