RNS Number : 6715I
Shearwater Group PLC
06 December 2022
 

6 December 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 1 December 2022, 2 December 2022 and 5 December 2022, VJM Investments Limited, a company in which the Company's Chief Executive Officer, Phil Higgins, has a beneficial interest, purchased in aggregate 85,000 ordinary shares of 10 pence in the capital of the Company ("Ordinary Shares") at a weighted average price of 99.9 pence per Ordinary Share.

 

Following these purchases by an investment vehicle of which Mr. Higgins has a beneficial interest, Mr Higgins is now beneficially interested in 2,406,850 Ordinary Shares, representing approximately 10.1 per cent of the issued ordinary share capital of the Company.

 

The notifications below, made in accordance with the UK Market Abuse Regulation, provide further details.

 

 

 

Enquiries:

 

Shearwater Group plc

David Williams, Chairman

Phil Higgins, CEO

 

www.shearwatergroup.com

c/o Alma PR

Cenkos Securities plc - NOMAD and Broker

Ben Jeynes / Max Gould - Corporate Finance

Alex Pollen / Henry Nicol - Sales

 

+44 (0) 20 7397 8900

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)

1. 95.5 pence

2. 99.0 pence

3. 102 pence

4. 101 pence

5. 104 pence

1.    20,000

2.    20,000

3.    25,000

4.    10,000

5.    10,000

 

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

85,000

99.9 pence

e)

Date of the transaction

1.    1 December 2022

2.    1 December 2022

3.    2 December 2022

4.    5 December 2022

5.    5 December 2022

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

 

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 rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHBIBDDCXGDGDU