8 September 2022
Fulcrum Utility Services Limited
("Fulcrum" or the "Company")
Director/PDMR Dealings
The Company announces the following dealing by Bayford Group, a shareholder in the Company in which Jonathan Turner, Non-Executive Director, has a controlling interest. Bayford Group today purchased 9,447,173 ordinary shares of 0.1 pence each in the capital of the Company ("Ordinary Shares") at a price of 4.8p per share.
Following this purchase, Bayford Group and its connected parties (controlled by Jonathan Turner) are beneficially interested in 116,212,821 Ordinary Shares, representing approximately 29.1 per cent. of the Company's issued share capital.
The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Bayford Group | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | a Person Closely Associated (PCA) with Jonathan Turner, Non-Executive Director of the Company | ||||
| b) | Initial notification / amendment | Initial | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Fulcrum Utility Services Limited | ||||
| b) | LEI | 213800UOG45CW6KZY620 | ||||
| 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 0.1p each
ISIN: KYG368851047 | ||||
| b)
| Nature of the transaction
| Purchase of ordinary shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d) | Aggregated information - Aggregated volume - Price |
N/A - single transaction
| ||||
| e) | Date of the transaction | 8 September 2022 | ||||
| f) | Place of the transaction | London Stock Exchange | ||||
Enquiries:
| Fulcrum Utility Services Limited Antony Collins, Chief Executive Officer Cenkos Securities plc (Nominated adviser and broker) Camilla Hume / Callum Davidson (Nomad) / Michael Johnson (Sales)
| +44 (0)114 280 4150 +44 (0)20 7397 8900
|
Notes to Editors:
Fulcrum is a multi-utility infrastructure and services provider. The Group operates nationally with its head office in Sheffield, UK. It designs, builds, owns, and maintains utility infrastructure and offers smart meter exchange programmes. https://investors.fulcrum.co.uk/
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