28 March 2024
Sabien Technology Group plc
("Sabien" or the "Company")
Director/PDMR/PCA Shareholding
Sabien Technology Group plc (AIM:SNT), the company focused on a green aggregation strategy, announces that that Richard Parris, Executive Chairman and CEO of Sabien, has undertaken "Bed and ISA" transactions involving 313,000 ordinary shares of 3 pence each in the Company ("Ordinary Shares"). This involved the sale of 313,000 Ordinary Shares held by Mr Parris and the simultaneous purchase of 156,500 Ordinary Shares in Individual Savings Accounts ("ISA") held by both Mr Parris and his wife.
Following the transactions, Richard Parris' interest remains unchanged at 5,081,459 Ordinary Shares, representing approximately 21.91% of the Company's issued share capital, including shares held by Persons Closely Associated.
The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Parris | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Chairman and CEO | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Sabien Technology Group Plc | ||||
| b) | LEI | 213800S5QG1SMGHFHY68 | ||||
| 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 3p each in Sabien Technology Group Plc
Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 27 March 2024 | ||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Richard Parris | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | Executive Chairman and CEO | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Sabien Technology Group Plc | ||||
| b) | LEI | 213800S5QG1SMGHFHY68 | ||||
| 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 3p each in Sabien Technology Group Plc
Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 27 March 2024 | ||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Mrs JK Murphy | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PCA of Richard Parris, Executive Chairman and CEO | ||||
| b)
| Initial notification /Amendment | Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | Sabien Technology Group Plc | ||||
| b) | LEI | 213800S5QG1SMGHFHY68 | ||||
| 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 3p each in Sabien Technology Group Plc
Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812 | ||||
| b) | Nature of the transaction | Purchase of Ordinary Shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||
| e) | Date of the transaction | 27 March 2024 | ||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||
For Further Information:
Sabien Technology Group plc
Richard Parris, Executive Chairman +44 20 7993 3700
Scott Fulton, Investor Relations scott.fulton@sabien.com
Allenby Capital Limited (Nominated Adviser)
John Depasquale / Nick Harriss / Vivek Bhardwaj +44 203 328 5656
Peterhouse Capital Limited (Broker)
Duncan Vasey / Lucy Williams +44 207 469 0930
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