Director/PDMR Shareholding

RNS Number : 5010V
Infrastructure India plc
09 April 2019
 

9 April 2019

 

Infrastructure India plc

("IIP", the "Company and together with its subsidiaries the "Group")

 

Director/PDMR Shareholding

 

Infrastructure India plc, an AIM quoted infrastructure fund investing directly into assets in India, announces that on 8 April 2019 that, Sonny Lulla, Chief Executive Officer of the Company, purchased 600,000 ordinary shares in the Company ("Ordinary Shares") at an average price of 3.83 pence per Ordinary Share.

 

Following this transaction, Mr. Lulla is now beneficially interested in a total of 2,500,000 Ordinary Shares, representing 0.37% of the Company's issued ordinary share capital.

 

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further details.

 

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

Rahul (Sonny) Lulla

2

Reason for the notification

a)

Position/status

PDMR (Director)

b)

Initial notification/Amendment

Initial Notification

3

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

a)

Name

Infrastructure India plc

b)

LEI

213800M623GQQAG11656

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 1p each

 

Identification code

IM00B2QVWM67

b)

Nature of the transaction

Purchase of ordinary shares

c)

Price(s) and volumes(s)

Price(s)

Volume(s)

£0.020

£0.028

£0.045

£0.038

£0.045

30,000

150,000

120,000

100,000

200,000

d)

Aggregated information

 

 

Aggregated volume

600,000

 

Price

Average of £0.0383 pence per ordinary share (aggregate value of £23,000)

e)

Date of the transaction

8 April 2019

f)

Place of the transaction

AIMX

 

 

Enquiries:

Infrastructure India plc       

Sonny Lulla 

 

www.iiplc.com

 

 

 

 

 

Cenkos Securities plc  

Nominated Adviser & Joint Broker

Azhic Basirov / Ben Jeynes

 

+44 (0) 20 7397 8900

 

Nplus1 Singer Advisory LLP

Joint Broker

James Maxwell - Corporate Finance

James Waterlow - Investment Fund Sales

 

+44 (0) 20 7496 3000

Novella

Financial PR

Tim Robertson / Toby Andrews

 

+44 (0) 20 3151 7008

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHBRGDSDGGBGCI
UK 100

Latest directors dealings