Update on Director Share Purchases

RNS Number : 3508F

Zoetic International PLC

16 November 2020

 

Prior to publication, the information contained within this announcement was deemed by the Company to constitute inside information for the purposes of Article 7 under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). With the publication of this announcement, this information is now considered to be in the public domain.

16 November 2020

Zoetic International plc

("Zoetic" or the "Company" or the "Group")

Update on Director Share Purchases

Zoetic International plc (LSE: ZOE), the London-listed vertically integrated CBD company, has been informed that the purchases by each of the directors, Trevor Taylor and Antonio Russo, of 500,000 ordinary shares of 1p each ("Ordinary Shares"), as previously announced on 28 October 2020, have now been completed. Mr Taylor and Mr Russo now each hold 6,950,000 Ordinary Shares, equivalent to approximately 3.57 per cent of the currently issued Ordinary Shares.

The Company can also confirm that the re-assignment of options to Messrs Taylor and Russo, also announced on 28 October 2020, have also been completed.

**ENDS**

Enquiries

Zoetic International plc   c/o IFC Advisory

Trevor Taylor, Co-CEO

Allenby Capital Limited (Financial Adviser and Broker)  [phone]

Nick Harriss (Corporate Finance)

Nick Naylor (Corporate Finance)

Guy McDougall (Equity Sales)

IFC Advisory Ltd (Financial PR and IR)  [phone]

Tim Metcalfe

Graham Herring

Florence Chandler

Notifications and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated ("PCA") with them.
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor Taylor
2	Reason for the notification
a)	Position/status	Co-Chief Executive Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zoetic International plc
b)	LEI	213800RGK8LNU9RGMT89
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, type of instrument Identification code	Ordinary shares of 1p each ISIN: GB00BWC4X262
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) US$0.51 500,000
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	28 October 2020
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Antonio Russo
2	Reason for the notification
a)	Position/status	Co-Chief Executive Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zoetic International plc
b)	LEI	213800RGK8LNU9RGMT89
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, type of instrument Identification code	Ordinary shares of 1p each ISIN: GB00BWC4X262
b)	Nature of the transaction	Purchase of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) US$0.51 500,000
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	28 October 2020
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Antonio Russo
2	Reason for the notification
a)	Position/status	Co-Chief Executive Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zoetic International plc
b)	LEI	213800RGK8LNU9RGMT89
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, type of instrument Identification code	Ordinary shares of 1p each ISIN: GB00BWC4X262
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.10 2,887,500
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	28 October 2020
f)	Place of the transaction	Off Market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Trevor Taylor
2	Reason for the notification
a)	Position/status	Co-Chief Executive Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Zoetic International plc
b)	LEI	213800RGK8LNU9RGMT89
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, type of instrument Identification code	Ordinary shares of 1p each ISIN: GB00BWC4X262
b)	Nature of the transaction	Issue of options
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.10 2,887,500
d)	Aggregated information - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	28 October 2020
f)	Place of the transaction	Off Market

 

END

 

 

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