Director dealing & significant shareholder change

RNS Number : 4993A
Newmark Security PLC
29 May 2019
 

29 May 2019

Newmark Security plc

 

("Newmark" or the "Company")

 

Director dealing and change to a significant shareholder

 

Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces that Marie-Claire Dwek, Chief Executive Officer of the Company, has purchased 2,500,000 ordinary shares of 1p each of the Company ("Ordinary Shares") by way of an off-market transfer at a price of 1p per share from Mr Elie Dwek (uncle of Marie-Claire and brother of Newmark's Chairman, Maurice Dwek).

 

Following the completion of this transfer, Marie-Claire Dwek will have a total beneficial interest in 2,500,000 Ordinary Shares, representing 0.53 per cent of the total issued share capital of the Company.

 

The notification grid below, which has been included in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 

Mr Elie Dwek is a significant shareholder of the Company pursuant to the AIM Rules for Companies and with this disposal of Ordinary Shares, Mr Dwek is now interested in 69,700,000 Ordinary Shares, representing 14.87 per cent of the total issued share capital of the Company.

 

 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

Marie-Claire Dwek

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Newmark Security plc

b)

LEI

213800CL2XGDB1YCLM67

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 1p each in Newmark Security plc

 

 

Identification code (ISIN) for Newmark Security plc ordinary shares: GB0006596406

b)

Nature of the transaction

purchase of shares

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

1p

2,500,000

 

d)

Aggregated information

- Aggregated volume

- Price

 Price(s)

Volume(s)

n/a

n/a

 

e)

Date of the transaction

28 May 2019

f)

Place of the transaction

Outside of a trading venue

 

For further information:

 

Newmark Security plc

 

Marie-Claire Dwek, Chief Executive Officer

Brian Beecraft, Group Finance Director

 

Tel: +44 (0) 20 7355 0070

www.newmarksecurity.com

Allenby Capital Limited

(Nominated Adviser and Broker)

Tel: +44 (0) 20 3328 5656

James Reeve / Liz Kirchner

 

 


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END
 
 
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