RNS Number : 7850B
Shearwater Group PLC
05 October 2022
 

5 October 2022

 

 

SHEARWATER GROUP PLC

 

("Shearwater", or the "Group")

Director/PDMR Shareholding

 

Shearwater Group plc (AIM: SWG), the cybersecurity, advisory and managed security services group, announces that on 3 October 2022 VJM Investments Limited, a company in which the Company's Chief Executive Officer, Phil Higgins, has a beneficial interest, purchased 25,000 ordinary shares of 10 pence in the capital of the Company ("Ordinary Shares") at a price of 92 pence per share.

 

Following this purchase, Mr Higgins is beneficially interested in 2,241,850 Ordinary Shares, representing approximately 9.4 per cent of the issued ordinary share capital of the Company, and the aggregate interest in Ordinary Shares of the Higgins family increases by 25,000 Ordinary Shares.

 

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

 

 

Enquiries:

 

Shearwater Group plc

David Williams, Chairman

Phil Higgins, CEO

 

www.shearwatergroup.com

c/o Alma PR

Cenkos Securities plc - NOMAD and Joint Broker

Ben Jeynes / Max Gould - Corporate Finance

Alex Pollen / George Budd - Sales

 

+44 (0) 20 7397 8900

Berenberg - Joint Broker  

Matthew Armitt / Mark Whitmore

 

+44 (0) 20 3207 7800

Alma PR

Justine James / Joe Pederzolli

shearwater@almapr.co.uk 

+44 (0) 20 3405 0205

 

 

 

 

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

VJM Investments Limited

2

Reason for the notification

a)

Position/status

Person closely associated with Phil Higgins, CEO

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

Shearwater Group plc

b)

LEI

213800ZRUKUYDJLKD504

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 10 pence each



GB00BKT6VH21

b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

92 pence

 

25,000

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

25,000

92.0p

e)

Date of the transaction

3 October 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

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