PCA Share Purchase

RNS Number : 0107T
Van Elle Holdings PLC
22 November 2021
 

 

 

Van Elle Holdings plc

("Van Elle", the "Company" or the "Group")

 

PCA Share Purchase

 

Van Elle Holdings plc (AIM:VANL) announces that it has been notified that Mrs Anne Marie Cutler, PCA of Mr Mark Cutler, Chief Executive Officer, has purchased 350,000 ordinary shares of 2 pence each in the Company ("Ordinary Shares") each at a price of 46.0 pence per share. Following this purchase, the combined beneficial holding of Mark Cutler and his wife is 602,767 Ordinary Shares, representing 0.57% of the Company's voting share capital.

 

The information below (set out in accordance with the requirements of EU Market Abuse Regulation) provides further detail:

 

1. 

Details of the person discharging managerial responsibilities / person closely associated

a. 

Name

Mrs Anne Marie Cutler

2. 

Reason for the notification

a. 

Position/status

PCA of Mark Cutler, 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

Van Elle Holdings plc

b. 

LEI

213800LQC6YL8KJT1Y18

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 2p each

 

 

 

ISIN: GB00BYX4TP46

b. 

Nature of the transaction

Purchase of ordinary shares

c. 

Price(s) and volume(s)

 

Price(s)

Volume(s)

 

46.0p

 

 

350,000

 

 

 

d. 

Aggregated information

Aggregated volume

Price

 

 N/A

 

 

e. 

Date of the transaction

19 November 2021

f. 

Place of the transaction

London Stock Exchange, AIM

 

 

 

Enquiries:

 

Van Elle Holdings plc

Via Walbrook

Mark Cutler, Chief Executive Officer


Graeme Campbell, Chief Financial Officer




Peel Hunt LLP (Nominated Adviser and corporate broker)

Tel: 020 7418 8900

Mike Bell/Ed Allsopp




Walbrook PR Limited

Tel: 020 7933 8780 or  vanelle@walbrookpr.com

Tom Cooper/Nick Rome/Nicholas Johnson

07971 221 972 or 07748 325 236 or 07884 664 686

 

 

About Van Elle Holdings plc:

 

Van Elle Holdings is the UK's largest specialist geotechnical engineering contractor. The Company provides a range of ground engineering techniques and services including - ground investigation, general and specialist piling, rail geotechnical engineering, modular foundations, and ground improvement and stabilisation services.

 

Van Elle operates through three divisions: general piling, specialist piling and ground engineering; and is focused on three end markets; residential and housing, infrastructure and regional construction - across which the Group has completed more than 20,000 projects over the last 35 years.

 

General piling provides a range of larger piling and ground engineering solutions for open-site construction projects. Specialist piling provides a range of geotechnical solutions in operationally constrained environments including on-track rail applications. Ground engineering services offers a range of ground investigation and geotechnical services and modular foundation solutions such as Smartfoot®. Van Elle has a market-leading reputation and the UK's largest modern rig fleet.

 

Having floated on AIM in 2016 it now has a strong national presence, diversified offering and market-leading brand name.

 

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