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Premier Technical (PTSG)

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Wednesday 05 June, 2019

Premier Technical

Director Shareholding

RNS Number : 1467B
Premier Technical Services Grp PLC
05 June 2019
 

Premier Technical Services Group plc

 

("PTSG" or the "Company")

 

Director Shareholding

 

PTSG, the niche specialist services provider, hereby notifies the market that, on 4 June 2019, pursuant to a service agreement entered into between Roger Teasdale (the Group Managing Director) and the Company dated 14 November 2014 and as set out in the Company's admission document published on 5 February 2015, 3,079,673 new ordinary shares of 1p each in the Company ("Ordinary Shares") were issued to Roger Teasdale for nominal consideration following the £14.0m EBITDA milestone targets being met for the year ended 31 December 2018 as reported in the financial statements for the year announced on 26 March 2019.

Subsequent to the issue, Roger Teasdale's interest in the Company's issued share capital is as set out below:

 

 




Resultant shareholding

Shareholder

No. of Ordinary shares prior to transfer

Issuance

No. of Ordinary shares

As % of Share Capital

Roger Teasdale

6,210,311

3,079,673

9,289,984

7.4%

 

In relation to the above, an application has been made to the London Stock Exchange for 3,079,673 new ordinary shares, which rank pari passu with the existing ordinary shares, to be admitted to trading on AIM on 7 June 2019.

In accordance with the FCA's Disclosure and Transparency Rules, following this allotment, the Company's issued share capital consists of 126,266,615 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.

The figure of 126,266,615 Ordinary Shares should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure and Transparency Rules.

 

Enquiries:

 

PTSG

+44 (0)1977 668 771

Paul Teasdale, Chief Executive Officer

 


Numis Securities

+44 (0)20 7260 1000

Stuart Skinner / Kevin Cruickshank / Michael Burke

 


Hudson Sandler

+44 (0)20 7796 4133

Charlie Jack


 

 

 

 

 

 

 

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roger Teasdale

2.

Reason for the notification

 

a)

Position/status

Group Managing Director

b)

Initial notification/Amendment

Initial Notification

3.

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

 

a)

Name

Premier Technical Services Group plc

b)

LEI

213800QSA6HGZ7HPUB44

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.


ISIN: GB00BV9FPW93

b)

Nature of the transaction:

Issuance of shares

 

c)

Price(s) and volume(s):

 

Price(s)

Volume(s)

£0.01

3,079,673

 

d)

Aggregated information:

Aggregated volume: 3,079,673

Price: £0.01

e)

Date of the transaction:

4 June 2019

f)

Place of the transaction:

London Stock Exchange (XLON)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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