RNS Number : 7696I
Sabien Technology Group PLC
28 March 2024
 

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)

 Price(s)

Volume(s)

12.500p

313,000

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)

 Price(s)

Volume(s)

12.507p

156,500

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)

 Price(s)

Volume(s)

12.507p

156,500

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

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
 
 
DSHSEUFLAELSEFD