Director/PDMR Shareholding

RNS Number : 2832K

Eddie Stobart Logistics PLC

31 December 2020

 

Eddie Stobart Logistics plc

to be renamed "Logistics Development Group plc"

(the "Company")  

Director Dealings

Eddie Stobart Logistics plc, (shortly to be re-named Logistics Development Group plc) an AIM investing company focused on logistics assets, announces that further to the Company's announcements on 9 December 2020 and 29 December 2020, the Directors have, following Admission today, acquired a total of 5,413,843 Ordinary Shares in the Company via the Subscription and Open Offer, as detailed below:

Name	Title	Number of Existing Ordinary Shares#	Number of Subscription and Open Offer   Shares subscribed #	Resulting shareholding following subscription #	Percentage of enlarged share capital following subscription#
Adrian Collins	Chairman	-	1,000,000	1,000,000	0.14%
Stephen Harley	Non-Executive Director	30,000	1,000,000	1,030,000	0.15%
Saki Riffner	Non-Executive Director	1,118,496	3,413,843	4,532,339	0.65%

^*   The number of Ordinary Shares presented in this table as being held or subscribed for by Directors refers to the number of Ordinary Shares held or subscribed for by them either personally or through a nominee.

Unless otherwise defined herein, capitalised terms used in this announcement shall have the same meanings as defined in the circular sent to shareholders of the Company on 9 December 2020.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1.  Adrian Collins 2.  Stephen Harley 3.  Saki Riffner
2	Reason for the notification
a)	Position/status	1.  Chairman 2.  Non-Executive Director 3.  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	Eddie Stobart Logistics plc
b)	LEI	213800N5AWXCFP613J91
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 1 pence each ISIN: GB00BD8QVC95
b)	Nature of the transaction	Subscription for Ordinary Shares in Subscription and Open Offer
c)	Price(s) and volume(s)	Price(s) Volume(s) 1.  5  pence 2.  5  pence 3.  5  pence 1.  1,000,000 2.  1,000,000 3.  3,413,843
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	31 December 2020
f)	Place of the transaction	London Stock Exchange, XLON

Enquiries:

Eddie Stobart Logistics plc	via FTI Consulting
FTI Consulting	(0)20 3727 1340
Nick Hasell / Alex Le May
Cenkos Securities Plc (Nomad & Joint Broker)	(0)20 7397 8900
Nicholas Wells / Giles Balleny
Investec Bank plc (Joint Broker)	(0)20 7597 5970
Gary Clarence / David Anderson

 

END

 

 

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