Director/PDMR Dealings

RNS Number : 1851Q

SKIL Ports & Logistics Limited

25 November 2016

 

25 November 2016

SKIL Ports & Logistics Limited

SKIL Ports & Logistics Limited ("SPL" or the "Company")

Director/PDMR Dealings

Further to the Company's announcements on 31 October 2016 and 24 November 2016, SPL announces that certain Directors and their closely associated persons have acquired Placing Shares in the Company, following Admission today, as set out below:

	Number of Placing Shares acquired	Resulting number of Ordinary Shares held following Admission
Pavandeep Bakhshi (Managing Director)	500,000	1,380,000
Peter Jones (Non-executive Director)	200,000	208,000
Lord Flight (Non-executive Director) and Christabel Flight (Spouse of Lord Flight) jointly	1,000,000	1,000,000

Capitalised terms within this announcement shall have the same meaning as those contained within the circular posted to Shareholders on 31 October 2016.

Enquiries: SPL                                                              Nikhil Gandhi                                                                                                 C/O Redleaf PR [phone]

Cenkos Securities plc                                                 Stephen Keys/Camilla Hume/Callum Davidson (Nomad and Broker)                                                      [phone]

Redleaf Communications                                         Charlie Geller/Sam Modlin (Financial PR)                                                                    [phone]                                                               [e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and their closely associated persons

1	Details of the person discharging managerial responsibilities
a)	Name	1.     Pavandeep Bakhshi 2.     Peter Jones 3.     Howard Flight 4.     Christabel Flight
2	Reason for the notification
a)	Position/status	5.     Managing Director 6.     Non-executive Director 7.     Non-executive Director 8.     Person closely associated with non-executive director Howard Flight
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	SKIL Ports & Logistics 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 £0.10 each ISIN: GG00B53M7D91
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	PDMR/PCA  Price No. of shares  Pavandeep Bakhshi  £0.10 500,000  Peter Jones  £0.10 200,000    Howard Flight and                 Christabel Flight jointly  £0.10 1,000,000
d)	Aggregated information - Aggregated volume - Price	Volume: 1,700,000 Price: £0.10
e)	Date of the transaction	25 November 2016
f)	Place of the transaction	London Stock Exchange, AIM

 

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