Director/PDMR Shareholding

RNS Number : 3844E

Summerway Capital PLC

10 March 2022

 

10 March 2022

Summerway Capital Plc

("Summerway" or the "Company")

Director / PDMR Shareholding

Summerway Capital plc (AIM: SWC) announces that Alexander Anton, who is proposed to be the Non-Executive Chairman on admission of the enlarged share capital of Summerway Capital Plc, today purchased 10,000 shares in the capital of the Company ("Ordinary Shares") at a price of 115 pence per Ordinary Share.

His resultant shareholding in Summerway Capital Plc is 1,110,000 equating to 13.8 per cent. of the current issued share capital. This excludes 628,707 Ordinary Shares which will be held by AFS Advisors LLP on admission of the enlarged share capital of Summerway Capital Plc, as a result of Alexander Anton having an indirect one third interest in AFS Advisors LLP.

Mr Anton is a Person Discharging Managerial Responsibilities (PDMR).

Enquiries

Summerway Capital Plc
Tony Morris	Tel: [phone]
Canaccord Genuity Limited (Nominated Adviser and Broker)	Tel: [phone]
Andrew Potts

  This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.

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 ("PDMR") / person closely associated with them ("PCA")
a)	Name	Mr Alexander Anton
2.	Reason for the notification
a)	Position / status	Proposed Non-Executive Chairman on admission of the enlarged share capital of Summerway Capital Plc
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Summerway Capital Plc
b)	Legal Entity Identifier	213800YXCATORT475807
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 instrument	Ordinary Shares
b)	Nature of the transaction	Purchase
c)	Price(s) and volume(s)	Price(s) Volume(s) 115 pence 10,000
d)	Aggregated information - Aggregated volume - Aggregated price - Aggregated total	N/A - single transaction
e)	Date of the transaction	10 March 2022 (UK)
f)	Place of the transaction	London Stock Exchange, AIM

 

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