Director Dealing

RNS Number : 3971B

Fulcrum Utility Services Ltd

03 April 2017

 

3 April 2017

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Director Dealing

The Company has been informed of the following transactions undertaken by Stephen Gutteridge, Non-Executive Director of Fulcrum, and persons closely associated ("PCA") with him.

On 29 March 2017, Mr Gutteridge's wife and his mother each purchased 25,000 ordinary shares in Fulcrum at a price of 60.5p per share.

On 30 March 2017, Mr Gutteridge's wife and his mother each purchased 10,000 ordinary shares in Fulcrum at a price of 59.9p per share.

On 30 March 2017, an employee benefit trust, of which Mr Gutteridge is a beneficiary, sold 70,000 ordinary shares in Fulcrum at a price of 59.5p per share.

Following these transactions, Mr Gutteridge and persons closely associated with him hold, in aggregate, 249,166 shares in the Company, representing approximately 0.15 per cent of its issued share capital.

Template for 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	Stephen Gutteridge
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	N/A
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Sale of ordinary shares by an employee benefit trust of which Mr Gutteridge is a beneficiary.
c)	Price(s) and volume(s)	Price(s) Volume(s) 59.5p per share 70,000
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	30 March 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mary Gutteridge
2	Reason for the notification
a)	Position/status	Person closely associated with Stephen Gutteridge, Non-Executive Director of Fulcrum Utility Services Limited
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	N/A
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 59.9p per share* 10,000 60.5p per share** 25,000 *30 March 2017 **29 March 2017
d)	Aggregated information - Aggregated volume - Price	35,000 Volume weighted average price of 60.33p per share
e)	Date of the transaction	29 March 2017 and 30 March 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Audrey Gutteridge
2	Reason for the notification
a)	Position/status	Person closely associated with Stephen Gutteridge, Non-Executive Director of Fulcrum Utility Services Limited
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Fulcrum Utility Services Limited
b)	LEI	N/A
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 0.1p each ISIN: KYG368851047
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 59.9p per share* 10,000 60.5p per share** 25,000 *30 March 2017 **29 March 2017
d)	Aggregated information - Aggregated volume - Price	35,000 Volume weighted average price of 60.33p per share
e)	Date of the transaction	29 March 2017 and 30 March 2017
f)	Place of the transaction	London Stock Exchange

Enquiries:

Fulcrum Utility Services Limited Craig Baugh, Head of Marketing and Communications Cenkos Securities plc (Nominated adviser and broker) Max Hartley (Nomad) / Alex Aylen (Sales) Camarco (Financial PR advisers) Ginny Pulbrook / Tom Huddart

[phone] [phone] [phone]

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, owning and operating gas pipelines that connect properties to the main UK gas networks.

http://www.fulcrum.co.uk/

 

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