Volution Group plc Share Purchase by CEO (4254N)

TIDMFAN

RNS Number : 4254N

Volution Group plc

17 January 2019

17 January 2019

Volution Group plc

Director Share Purchase

Volution Group plc (the "Company", LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, announces that on 17 January 2019 it received notification that Ronnie George, Chief Executive Officer, purchased 5,000 ordinary shares at a price of 145 pence per share on 17 January 2019. The transaction took place in London.

As a result of this notification, Ronnie George has a beneficial shareholding in the Company of 5,642,797 ordinary shares, which represents 2.84% of the Company's voting capital.

The following notification, made pursuant to Article 19(3) of the Market Abuse Regulation, provides further details.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                         Ronnie George 
     --------------------------  -------------------------------------- 
 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                        Volution Group plc 
     --------------------------  -------------------------------------- 
 b)   LEI                         213800EPT84EQCDHO768 
     --------------------------  -------------------------------------- 
 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          Ordinary shares of 1 pence each 
       financial instrument, 
       type of instrument 
                                   ISIN: GB00BN3ZZ526 
       Identification code 
     --------------------------  -------------------------------------- 
 b)   Nature of the transaction   Purchase of ordinary shares 
     --------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)         Volume(s) 
                                    145 pence per 
                                     share           5,000 
                                                    ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          Not applicable, single transaction. 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     17 January 2019 
     --------------------------  -------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  -------------------------------------- 
 

- ends -

Enquiries:

Volution Group plc

   Michael Anscombe, Company Secretary                        [phone] 

Note to Editors:

Volution Group plc (LSE: FAN) is a leading supplier of ventilation products to the residential and commercial construction markets in the UK, the Nordics, Central Europe and Australasia.

The Volution Group operates through two divisions: the Ventilation Group and the OEM (Torin-Sifan) division. The Ventilation Group comprises 15 key brands - Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Fresh, PAX, VoltAir, Welair, Kair, Air Connection, inVENTer, Ventilair and Simx, focused primarily on the UK, the Nordic, Central European and Australasian ventilation markets. The Ventilation Group principally supplies ventilation products for residential and commercial ventilation applications. The OEM (Torin-Sifan) division supplies motors, fans and blowers to OEMs of heating and ventilation products for both residential and commercial construction applications in Europe.

For more information, please go to: www.volutiongroupplc.com

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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January 17, 2019 10:05 ET (15:05 GMT)