Director/PDMR Shareholding

RNS Number : 6781G

Volution Group plc

18 March 2020

 

Wednesday 18 March 2020

Volution Group plc

Director Share Purchase

Volution Group plc (the "Company", LSE: FAN) a leading supplier of ventilation products to the residential and commercial construction markets, announces that on 18 March 2020 it received notification that Tony Reading, Senior Independent Non-Executive Director, purchased 10,000 ordinary shares at a price of 135.6 pence per share on 18 March 2020. The transaction took place in London.

As a result of this notification, Tony Reading has a beneficial shareholding in the Company of 100,000 ordinary shares, which represents 0.05% of the Company's voting share capital.

The following notification, made pursuant to Article 19(3) 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	Tony Reading
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Volution Group plc
b)	LEI	213800EPT84EQCDHO768
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: GB00BN3ZZ526
b)	Nature of the transaction	Purchase of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 135.6 pence per share 10,000
d)	Aggregated information - Aggregated volume - Price	Not applicable, single transaction.
e)	Date of the transaction	18 March 2020
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

- ends -

Enquiries:

Volution Group plc

Michael Anscombe, Company Secretary  [phone]

Note to Editors:

Volution Group plc (LSE: FAN) is a leading supplier of ventilation systems and products to both the residential and commercial construction markets in the UK, Continental Europe and Australasia. 

Volution Group comprises 16 key brands across the three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, inVENTer, Ventilair.

Australasia: Simx, Ventair.

For more information, please go to: www.volutiongroupplc.com

 

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