Transaction in Own Shares and PDMR Shareholding

RNS Number : 4119D

EPE Special Opportunities Limited

26 June 2019

 

EPE Special Opportunities Limited

Transaction in Own Shares and Director / PDMR Shareholding

Transaction in Own Shares

EPE Special Opportunities Limited ("ESO" or the "Company") announces that, on 24 June 2019, it purchased 107,278 of the Company's shares of 5 pence each ("Ordinary Shares") at a weighted average price of 200.00 pence per share.

Purchased Ordinary Shares will be held by the Company in treasury.

The number of Ordinary Shares in issue, not held by the Company in treasury, following the above and the figure to be used as the denominator for calculations of interests in the Company's voting rights is 33,515,533 Ordinary Shares. The number of Ordinary Shares held by the Company in treasury following the above is 1,142,902 Ordinary Shares.

The purchase of the Ordinary Shares follows the Company's announcement of 10 June 2019 which stated the Company's intention to buy back shares.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases of Ordinary Shares made by Numis Securities Limited on behalf of the Company.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

Director / PDMR Shareholding

ESO announces that it has been notified of the following transactions.

Clive Spears, the non-executive chairman of the Company, purchased 1,388 Ordinary Shares. Following the transaction, Mr. Spears has a beneficial interest of 126,493 Ordinary Shares, representing 0.38% of the Company's issued ordinary share capital.

Heather Bestwick, a non-executive director of the Company, purchased 1,388 Ordinary Shares. Following the transaction, Ms. Bestwick has a beneficial interest of 13,888 Ordinary Shares, representing 0.04% of the Company's issued ordinary share capital.

Nicholas Wilson, a non-executive director of the Company, purchased 5,093 Ordinary Shares. Following the transaction, Mr. Wilson has a beneficial interest of 125,987 Ordinary Shares, representing 0.38% of the Company's issued ordinary share capital.

Giles Brand, Managing Partner of EPIC Private Equity LLP, the Investment Advisor to the Company and connected parties, purchased 23,603 Ordinary Shares. Following the transaction, Mr. Brand and his connected parties have a beneficial interest of 10,269,253 Ordinary Shares, representing 30.64% of the Company's issued ordinary share capital.

All of the transactions above were made on 24 June 2019 at a price of 200.00p per Ordinary Share.

The person responsible for releasing this information on behalf of the Company is Hilary Jones of R&H Fund Services (Jersey) Limited.

Enquiries:

EPIC Private Equity LLP	[phone] Alex Leslie
R&H Fund Services (Jersey) Limited	[phone] Hilary Jones
Cardew Group Limited	[phone] Richard Spiegelberg
Numis Securities Limited	[phone]
Nominated Advisor:	Stuart Skinner / Hugh Jonathan
Corporate Broker:	Charles Farquhar

Transaction in Own Shares

Schedule of Purchases:

Shares purchased:	EPE Special Opportunities Limited (ISIN: BMG3163K1053)
Date of purchases:	24 June 2019
Broker / Investment Firm:	Numis Securities Limited

Aggregate Information:

Venue	Volume Weighted Average Price (pence per share)	Aggregated Volume
AIM Market (London Stock Exchange)	200.00p	107,278

Individual Transactions:

Number of Shares Purchased	Transaction Price (pence per Share)	Time of Transaction
107,278	200.00p	16:05

Director / PDMR Shareholding

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Clive Spears
2	Reason for the notification
a)	Position/status	PDMR (non-executive chairman)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary Shares of 5p each
	Identification code	BMG3163K1053
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		200.00p	1,388
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Heather Bestwick
2	Reason for the notification
a)	Position/status	PDMR (non-executive director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary Shares of 5p each
	Identification code	BMG3163K1053
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		200.00p	1,388
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Nicholas Wilson
2	Reason for the notification
a)	Position/status	PDMR (non-executive director)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary Shares of 5p each
	Identification code	BMG3163K1053
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		200.00p	5,093
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange (XLON)

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Giles Brand and connected parties
2	Reason for the notification
a)	Position/status	PDMR (Managing Partner of EPIC Private Equity LLP, the Investment Advisor to the Company)
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary Shares of 5p each
	Identification code	BMG3163K1053
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		200.00p	23,603
d)	Aggregated information
	Aggregated volume	N/A - single transaction
	Price	N/A - single transaction
e)	Date of the transaction	24 June 2019
f)	Place of the transaction	London Stock Exchange (XLON)

 

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