2 July 2024
Kitwave Group plc
("Kitwave", the "Group" or the "Company")
Director/PDMR Shareholding
Kitwave Group plc (AIM: KITW), the delivered wholesale business, was today notified by Chris Young and Michael Young, both PDMRs at the Company, that their shareholdings have increased following a transfer from Paul Young. Paul Young is a substantial shareholder of the Company, and the father to both Chris Young and Michael Young. The transfer was executed on 2 July 2024 for nil value.
In addition to the transfers, Paul Young has made an additional transfer to another son, Dave Young, who is not connected to the Company.
Details of the transfers and the shareholdings of the relevant individuals are set out below:
| Name | Position/Status | Shareholding prior to share transfer | Shareholding post share transfer | Percentage of current issued share capital |
| Michael Young | PDMR | 451,811 | 606,676 | 0.87% |
| Olga Young | PCA of Chris Young, a PDMR | 545,445 | 757,826 | 1.08% |
| Dave Young | Shareholder | - | 792,112 | 1.13% |
| Paul Young | Substantial Shareholder | 9,548,550 | 8,389,192 | 11.97% |
- Ends-
For further information please contact:
|
Kitwave Group plc Ben Maxted, Chief Executive Officer David Brind, Chief Financial Officer |
Tel: +44 (0) 191 259 2277 |
| Canaccord Genuity Limited Bobbie Hilliam
| Tel: +44 (0) 20 7523 8150 |
| Yellow Jersey PR Charles Goodwin Shivantha Thambirajah Bessie Elliot | Tel: +44 (0) 20 3004 9512 |
| Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. | | ||||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | | |||||||||||
| a. | Name | Olga Young
| | ||||||||||
| 2 | Reason for notification
| | |||||||||||
| a. | Position/Status | PCA to Person discharging managerial responsibilities | | ||||||||||
| b. | Initial notification/ Amendment | Initial Notification | | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | | |||||||||||
| a. | Name | Kitwave Group plc
| | ||||||||||
| b. | LEI | 2138007DLCYPVY95UD40 | | ||||||||||
| 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 | Ordinary Shares of 10 pence each GB00BNYKB709 | | ||||||||||
| b. | Nature of the transaction | Transfer of Ordinary Shares | | ||||||||||
| c. | Price(s) and volume(s) |
| | ||||||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/A |
| ||||||||||
| e. | Date of the transaction | 02 July 2024 | | ||||||||||
| f. | Place of the transaction | London Stock Exchange (AIM) | | ||||||||||
| | | | | | | | | | | ||||
| Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. | ||||||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||||||
| a. | Name | Michael Young
| ||||||||||
| 2 | Reason for notification
| |||||||||||
| a. | Position/Status | Person discharging managerial responsibilities | ||||||||||
| b. | Initial notification/ Amendment | Initial Notification | ||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||
| a. | Name | Kitwave Group plc
| ||||||||||
| b. | LEI | 2138007DLCYPVY95UD40 | ||||||||||
| 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 | Ordinary Shares of 10 pence each GB00BNYKB709 | ||||||||||
| b. | Nature of the transaction | Transfer of Ordinary Shares | ||||||||||
| c. | Price(s) and volume(s) |
| ||||||||||
| d. | Aggregated information - Aggregated Volume - Price |
N/A | ||||||||||
| e. | Date of the transaction | 02 July 2024 | ||||||||||
| f. | Place of the transaction | London Stock Exchange (AIM) | ||||||||||
| | | | | | | | | | ||||
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.