| - | 25 October 2024 |
Volvere plc
("Volvere" or the "Company")
Director's Dealings and Notification of Major Holding
Volvere plc (AIM: VLE), the growth and turnaround investment company, announces that Nicholas Lander, Director, has transferred, for nil consideration, 131,847 Ordinary Shares of 0.00001 pence each to The Nicholas Lander Discretionary Settlement ("Settlement"), a trust of which his children are beneficiaries and of which Nicholas Lander is a trustee.
Following the above transaction, Nicholas Lander and the Settlement have the following interests in Ordinary Shares:
| Name of shareholder | Date of transaction | Number of Ordinary Shares held prior to this transaction | % of voting rights held prior to this transaction | Number of Ordinary Shares held following this transaction | % of voting rights held following this transaction |
|
Nicholas Lander |
25 October 2024 |
131,947 |
5.9733% |
100 |
0.0045% |
|
The Nicholas Lander Discretionary Settlement |
25 October 2024 |
Nil |
Nil |
131,847 |
5.9688% |
For further information:
| Volvere plc | |
| Nicholas Lander, Co-founder & Director | Tel: +44 (0) 1926 335700 |
| |
|
| Cairn Financial Advisers LLP (Nominated Adviser) Sandy Jamieson / James Caithie
|
Tel: + 44 (0) 20 7213 0880 |
| Canaccord Genuity Limited (Joint Broker) Bobbie Hilliam / Alex Aylen |
Tel: + 44 (0) 207 523 8000 |
| Hobart Capital Markets LLP (Joint Broker) Lee Richardson |
Tel: + 44 (0) 20 7070 5691 |
| Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a. | Name | Mr Nicholas Lander | ||||||
| 2 | Reason for notification | |||||||
| a. | Position/Status | Director | ||||||
| b. | Initial notification/ Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a. | Name | Volvere plc | ||||||
| b. | LEI |
213800GWXPMU8DUJ9G34
| ||||||
| 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 0.00001 pence each
GB0032302688 | ||||||
| b. | Nature of the transaction | Transfer of 131,847 Ordinary Shares of 0.00001 pence each from Nicholas Lander to The Nicholas Lander Discretionary Settlement trust, for nil consideration. | ||||||
| c. | Price(s) and volume(s) | | | | | | ||
| | Price(s) | Volume(s) | | |||||
| n/a | 131,847 | | ||||||
| | ||||||||
| d. | Aggregated information
|
131,847 shares at nil cost | ||||||
| e. | Date of the transaction | 25 October 2024 | ||||||
| f. | Place of the transaction | London, UK | ||||||
- Ends -
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