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Safestyle UK PLC (SFE)

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Tuesday 28 April, 2020

Safestyle UK PLC

Director/PDMR Shareholding

RNS Number : 1245L
Safestyle UK PLC
28 April 2020
 

 

 

For immediate release

 

28 April 2020

 

 

 

SAFESTYLE UK PLC


("Safestyle" or the "Company")

 

Directors' / PDMR Dealings

 

Safestyle UK plc, the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market, announces that, pursuant to the Placing described in the announcement dated 7 April 2020 and titled "Proposed Conditional Placing to raise £8.5 million", the following Directors have purchased, in aggregate, 619,000 ordinary shares of £0.01 each (the "Ordinary Shares") in the Company at a price of 17 pence per Ordinary Share.

Each Director's individual participations are set out in the table below.

 

Director

Number of Ordinary Shares prior to Admission of Placing Shares

Number of Placing Shares acquired

Resulting number of Ordinary Shares

Percentage of Enlarged Share Capital

Alan Lovell

180,000

270,000

450,000

0.34 %

Mike Gallacher

50,000

150,000

200,000

0.15 %

Rob Neale

125,000

150,000

275,000

0.21 %

Fiona Goldsmith

20,000

30,000

50,000

0.04 %

Julia Porter

9,671

19,000

28,671

0.02 %

 

 

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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

i)  Alan Lovell

 

ii)  Mike Gallacher

 

iii)  Rob Neale

 

iv)  Fiona Goldsmith

 

v)  Julia Porter

 

 

2

Reason for the notification

 

a)

Position/status

 

i)  Non-Executive Chairman

ii)  Chief Executive Officer

iii)  Chief Financial Officer

iv)  Non-Executive Director

v)  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

Safestyle UK plc

 

b)

LEI

213800N1ZQBB3E7P8W75

 

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 £0.01 each

 

 

ISIN: JE00BGP63272

 

 

 

b)

Nature of the transaction

Purchase of shares

 

 

c)

Price(s) and volume(s)


Name

Price(s)

Volume(s)

i

Alan Lovell

17.0p

270,000

ii

Mike Gallacher

17.0p

150,000

iii

Rob Neale

17.0p

150,000

iv

Fiona Goldsmith

17.0p

30,000

v

Julia Porter

17.0p

19,000

 

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

 

 

 

 

 

e)

Date of the transaction

28 April 2020

 

 

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

Enquiries:

Safestyle UK plc

Mike Gallacher, Chief Executive Officer

Rob Neale, Chief Financial Officer

 

via FTI Consulting

Zeus Capital Limited (Nominated Adviser & Joint Broker)

Dan Bate / Daniel Harris / Dominic King

 

Tel: 0203 829 5000

Liberum Capital Limited (Joint Broker)

Neil Patel / Jamie Richards / Laura Hamilton

 

Tel: 0203 100 2100

FTI Consulting (Financial PR)

Alex Beagley / James Styles / Sam Macpherson

 

Tel: 0203 727 1000

 

About Safestyle UK plc

 

The Group is the leading retailer and manufacturer of PVCu replacement windows and doors to the UK homeowner market.  For more information please visit www.safestyleukplc.co.uk or www.safestyle-windows.co.uk .


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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