Share Purchase by Chairman

RNS Number : 0047E
Volution Group plc
02 November 2020
 

 

Monday 2 November 2020

 

Volution Group plc

 

Share Purchase by Chairman

 

Volution Group plc ("Volution" or the "Company", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that on 2 November 2020 it received notification that Paul Hollingworth, Chairman, purchased 16,704 ordinary shares at a price of 199.5 pence per share on 2 November 2020. The transaction took place in London.

As a result of this notification, Paul Hollingworth has a beneficial shareholding in the Company of 47,620 ordinary shares, which represents 0.024% 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

 Paul Hollingworth

2

Reason for the notification 

a)

Position/status

Non-Executive Chairman

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)

199.5 pence per share

16,704

d)

 

Aggregated information

 

- Aggregated volume

- Price

 

 

Not applicable, single transaction.

 

e)

Date of the transaction

2 November 2020

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

- ends -



 

Enquiries:

Volution Group plc

Michael Anscombe, Company Secretary  +44 (0) 1293 441662

 

Note to Editors:

 

Volution Group plc (LSE: FAN) is a leading international designer and manufacturer of energy efficient indoor air quality solutions. 

 

Volution Group comprises 16 key brands across 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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