Volution Group plc Share Purchase by Chairman (5408E)

TIDMFAN

RNS Number : 5408E

Volution Group plc

11 March 2022

Friday 11 March 2022

Volution Group plc

Share Purchase by Chairman

Volution Group plc (LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that it has received notification that Paul Hollingworth, Chairman, purchased 4,778 ordinary shares at a price of 418.5653 pence per share on 11 March 2022. The transaction took place in London.

As a result of this notification, Paul Hollingworth has a beneficial shareholding in the Company of 52,471 ordinary shares, which represents 0.0265% of the Company's voting share 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                        Paul Hollingworth 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Non-Executive Chairman 
     --------------------------  -------------------------------------- 
 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) 
                                    418.5653 pence 
                                     per share        4,778 
                                                     ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          Not applicable, single transaction. 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     11 March 2022 
     --------------------------  -------------------------------------- 
 f)   Place of the transaction    London Stock Exchange, Main Market 
                                   (XLON) 
     --------------------------  -------------------------------------- 
 

- ends -

Enquiries:

Volution Group plc

   Fiona Smith, Company Secretary                      [phone] 

Note to Editors:

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions.

Volution Group comprises 19 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer, Ventilair, ClimaRad, ERI Corporation.

Australasia: Simx, Ventair, Manrose.

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March 11, 2022 08:30 ET (13:30 GMT)