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Modern Water PLC (MWG)

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Thursday 03 May, 2018

Modern Water PLC

Director/PDMR Shareholding

RNS Number : 0468N
Modern Water PLC
03 May 2018
 

3 May 2018

Modern Water plc

("Modern Water" or "the Company")

 

Director/PDMR Shareholding

 

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

Doug Workman

 

2

Reason for the notification

a)

Position / status

President, Monitoring Division

b)

Initial notification / amendment

Initial notification

3

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

a)

Name

Modern Water plc

 

b)

LEI

 

213800MTSDJQ13UBC211

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted 

a)

Description of financial instrument,

type of instrument

Ordinary shares of 0.25pence each


Identification Code

 

GB00B1XF5X66

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

 

-     £nil

-     200,000

d)

Aggregated information

-      Aggregated volume

 -      Price

 

 

-     200,000

-     £nil

e)

Date of the transaction

 

3 May 2018

 

f)

Place of the transaction 

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Heaps

 

2

Reason for the notification

a)

Position / status

Finance Director

b)

Initial notification / amendment

Initial notification

3

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

a)

Name

Modern Water plc

 

b)

LEI

 

213800MTSDJQ13UBC211

 

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted 

a)

Description of financial instrument,

type of instrument

Ordinary shares of 0.25pence each


Identification Code

 

GB00B1XF5X66

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

 

-     £nil

-     300,000

d)

Aggregated information

-      Aggregated volume

 -      Price

 

 

-     300,000

-     £nil

e)

Date of the transaction

 

3 May 2018

 

f)

Place of the transaction 

London

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Toby Schumacher

2

Reason for the notification

a)

Position / status

General Counsel & Company Secretary

b)

Initial notification / amendment

Initial notification

3

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

a)

Name

Modern Water plc

 

b)

LEI

 

213800MTSDJQ13UBC211

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted 

a)

Description of financial instrument,

type of instrument

Ordinary shares of 0.25pence each


Identification Code

 

GB00B1XF5X66

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

 

-     £nil

-     300,000

d)

Aggregated information

-      Aggregated volume

 -      Price

 

 

-     300,000

-     £nil

e)

Date of the transaction

 

3 May 2018

f)

Place of the transaction 

London

 

 

For further information please contact:

 

Modern Water plc

+44 (0)1483 696 000

Simon Humphrey, Chief Executive




 

W H Ireland (Nominated Adviser and Broker)

 

+44 (0)207 220 1666



Chris Fielding

James Sinclair-Ford


 

Tavistock (Public Relations)

 

+44 (0) 207 920 3150

James Collins / Andrew Dunn


                                                                                                             

Notes to Editors:

 

About Modern Water

Modern Water owns, installs and operates world-leading membrane technology and develops and supplies advanced systems for water monitoring.  Its shares trade on the Alternative Investment Market of the London Stock Exchange.

 

Modern Water has developed and commercialised world-leading patented Forward Osmosis desalination technology which can be used in a variety of industries. Its benefits include lower energy consumption, improved water quality and lower environmental impact. With a sales presence in almost 60 countries, the Group's Monitoring Division includes a leading real-time continuous toxicity monitor and trace metal analysers for monitoring the quality of drinking water.


www.modernwater.com 

 

 

                                                                                                     


This information is provided by RNS
The company news service from the London Stock Exchange
 
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