Director/PDMR Shareholding

RNS Number : 2378Q
Global Invacom Group Limited
04 June 2018
 

Global Invacom Group Limited

("Global Invacom" or the "Company")

 

Director/PDMR Shareholding

 

5 June 2018 - Global Invacom (SGX: QS9) (AIM: GINV), the global provider of satellite communications equipment listed on the Singapore Exchange and the U.K. AIM Market, announces that on 16 May 2018, Mr Cosimo Borrelli, Non-Executive Director of the Group, is deemed interested in 497,900 ordinary shares of no par value in the Group ("Ordinary Shares") held by Joe Harper Limited, representing 0.183% of the Group's issued share capital.

 

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

Cosimo Borrelli

2.

Reason for the Notification

a)

Position/status

Non-Executive Director / PDMR

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Global Invacom Group Limited

b)

LEI

213800EHSM1ITAQYDT90

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 no par value

Identification code

SG2E91982768

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

S$0.120

497,900

d)

Aggregated information:

Aggregated volume

Price

Purchase of 497,000 ordinary shares at a price of S$0.120 per ordinary share

 

 

e)

Date of the transaction

16 May 2018

f)

Place of the transaction

Main Board of the Singapore Exchange Securities Trading Limited

 

 

For further information, please contact:

 

Global Invacom Group Limited

www.globalinvacom.com

Matthew Garner, Chief Financial Officer

Tel: +65 6431 0782

Tel: +44 203 053 3523



finnCap Ltd (Nominated Adviser and Joint Broker)

www.finncap.com

Christopher Raggett / Simon Hicks (Corporate Finance)

Tel: +44 207 220 0500



Mirabaud Securities LLP (Joint Broker)

www.mirabaud.com

Peter Krens (Equity Capital Markets)

Tel: +44 207 878 3362



WeR1 Consultants Pte Ltd (Singapore Investor Relations)

www.wer1.net

Ian Lau / Roshan Singh

Tel: +65 6737 4844

ianlau@wer1.net / roshansingh@wer1.net




Vigo Communications (UK Media & Investor Relations)

www.vigocomms.com

Jeremy Garcia / Fiona Henson

Tel: +44 207 830 9701

ginv@vigocomms.com


 

 

About Global Invacom Group Limited

 

Global Invacom is a fully integrated satellite equipment provider with six manufacturing plants across China, Israel, Malaysia, U.K. and the U.S. Its customers include satellite broadcasters such as BSkyB of the U.K. and Dish Network of the U.S.A.

 

Global Invacom provides a full range of antennas, LNB receivers, fibre distribution equipment, transmitters, switches and video distribution components and electronics manufacturing services in satellite communications as well as manufacturing services in military, medical, and consumer electronics industries. Following the acquisition in 2015 of Global Skyware, a leading US-based designer and supplier of satellite antennas products and services, the Company became the world's only full-service outdoor unit supplier.

 

Global Invacom is listed on the Mainboard of the Singapore Exchange Securities Trading Limited and its shares are admitted to trading on the AIM Market of the London Stock Exchange.

 

For more information, please refer to www.globalinvacom.com

 


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