RNS Number : 5523V
Shearwater Group PLC
06 April 2023
 

6 April 2023

 

 

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 April 2023, 4 April 2023 and 5 April 2023 a person closely associated with the Company's Chief Executive Officer, Phil Higgins, purchased an aggregate of 60,000 ordinary shares of 10 pence in the capital of the Company ("Ordinary Shares") at a weighted average price of 54.5 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 2,499,349 Ordinary Shares, representing approximately 10.5 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 Joint Broker

Adrian Hadden / 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)

 

 

Date

Price(s)

Volume(s)

3 April 2023

4 April 2023

5 April 2023

54.5 pence

54.5 pence

54.5 pence

 

25,000

10,000

25,000

 

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

60,000

54.5 pence per share

 

e)

Date of the transaction

3, 4, 5 April 2023

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

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