RNS Number : 4050S
Victorian Plumbing Group plc
13 July 2022
 

13 July 2022

 

Victorian Plumbing Group plc

(the "Company")

 

Director/PDMR Dealing

 

The Company was notified on 13 July 2022 by Philip Bowcock (Chairman) and Paul Meehan (CFO), that they had on that date sold 135,000 ordinary shares of £0.001 each in the capital of the Company ("Ordinary Shares") at a price of £0.54 per share and 75,000 Ordinary Shares at a price of £0.54 per share respectively.

 

These Ordinary Shares were sold to enable Philip Bowcock and Paul Meehan to satisfy their respective tax and national insurance liabilities which arose on 22 June 2022 as a result of some of their shares being released from restrictions in accordance with their respective restricted share awards.

 

Following these transactions, Philip Bowcock holds 1,444,718 Ordinary Shares, representing approximately 0.44% of the Company's issued share capital and Paul Meehan holds 1,642,520 Ordinary Shares, representing approximately 0.51% of the Company's issued share capital.

 

1.   Details of the person discharging managerial responsibilities/person closely associated

 

a) Name

Philip Bowcock

2.   Reason for the notification


a)   Position/status

Chairman

b)   Initial notification / Amendment

Initial notification

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

a)   Name

Victorian Plumbing Group plc

b)   LEI

894500R59II0S4WXGZ04

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

Ordinary Shares of £0.001 each

b)   Identification code

ISIN: GB00BNVVHD43

c)   Nature of the transaction

Sale of shares

d)   Price(s) and volume(s)

Price

No. of shares

£0.54

135,000

e)   Aggregated information:

i. Aggregated volume

ii. price

£72,900

f)    Date of the transaction

13 July 2022

g)   Place of the transaction

London Stock Exchange, AIM

 

1.   Details of the person discharging managerial responsibilities/person closely associated

 

a) Name

Paul Meehan

2.   Reason for the notification


a)   Position/status

CFO

b)   Initial notification / Amendment

Initial notification

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

a)   Name

Victorian Plumbing Group plc

b)   LEI

894500R59II0S4WXGZ04

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

Ordinary Shares of £0.001 each

b)   Identification code

ISIN: GB00BNVVHD43

c)   Nature of the transaction

Sale of shares

d)   Price(s) and volume(s)

Price

No. of shares

£0.54

75,000

e)   Aggregated information:

i. Aggregated volume

ii. price

£40,500

f)    Date of the transaction

 13 July 2022

g)   Place of the transaction

London Stock Exchange, AIM

 

For further information, please contact:

 

Victorian Plumbing Group plc

Mark Radcliffe, Chief Executive Officer

Paul Meehan, Chief Financial Officer

via FTI Consulting

+44 20 3727 1000



FTI Consulting (Financial PR)

Alex Beagley

Eleanor Purdon

Sam Macpherson

Amy Goldup

 

+44 20 3727 1000

VictorianPlumbing@fticonsulting.com

Houlihan Lokey UK Limited (Nominated Adviser and Financial Adviser)

Sam Fuller, Tim Richardson

+44 20 7484 4040



Barclays Bank PLC

Nicola Tennent, Stuart Muress

+44 20 7623 2323



Numis Securities Limited

Luke Bordewich, Tom Jacob, Oliver Steele 

+44 20 7260 1000

 

 

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