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RNS Number : 1570P
Alumasc Group PLC
05 February 2019
 

 

 

The Alumasc Group plc

(the "Company")

5 February 2019

Sale, Purchase and Transfer of Shares

 

The Company announces that it received notification on 4 February 2019 that Andrew Magson, Group Finance Director, sold 17,393 ordinary shares at a price of 115p per share and then purchased 17,268 at a price of 115.17p per share into his ISA. Mr Magson also completed a transfer of 25,000 ordinary shares of 12.5p each in the Company to his spouse Julie Magson for nil consideration.  In addition, Julie Magson sold 27,827 ordinary shares at a price of 115p per share and then purchased 27,652 at a price of 115.1p per share into her SIPP.

 

As a result of these transactions, Mr Magson's interest in the Company, and that of his person closely associated, has changed in order to pay fees associated with these transactions. The total holdings stand at 133,626 shares, representing 0.37% of the Company's issued share capital.

 

The below notification, is made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail of the transactions.

 

For further details, please contact:

Helen Ashton, Group Company Secretary                               01536 383812

Kemi Waterton-Zhou, Assistant Company Secretary             01536 383814

 

 

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

 

1.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Andrew Magson

 

2.         

Reason for the notification

a.         

Position/status

Group Finance Director

 

b.         

Initial notification

/Amendment

 

Initial notification

 

3.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

The Alumasc Group plc

 

b.         

LEI

2138002MV11VKZFJ4359

 

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 12.5p shares

 

 

GB0000280353

b.         

Nature of the transaction

1.   Sale of shares by Mr Magson and purchase of shares into his ISA account.

 

2.   Transfer of shares for nil consideration to Julie Magson, person closely associated.

 

c.         

Price(s) and volume(s)

Sale

Price(s)

 

Volume(s)

115p

17,393

 

Purchase

Price(s)

 

Volume(s)

115.17p

17,268

 

Transfer

Price(s)

 

Volume(s)

0.00p

25,000

 

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

Sale

17,393 at 115p per share

 

Purchase

17,268 at 115.17p per share

 

Transfer

25000 ordinary 12.5p shares - at 0.00p per share

 

 

e.         

Date of the transaction

05/02/2019

 

f.         

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

 

 

5.         

Details of the person discharging managerial responsibilities / person closely associated

a.         

Name

Julie Magson

 

6.         

Reason for the notification

a.         

Position/status

Person closely associated to Andrew Magson, Group Finance Director

 

b.         

Initial notification

/Amendment

 

Initial notification

 

7.         

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.         

Name

The Alumasc Group plc

 

b.         

LEI

2138002MV11VKZFJ4359

 

8.         

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 12.5p shares

 

 

GB0000280353

b.         

Nature of the transaction

 

1.   Transfer of shares for nil consideration from Andrew Magson.

 

2.   Sale of shares by Mrs Magson and purchase of shares into her SIPP account.

 

c.         

Price(s) and volume(s)

Transfer

Price(s)

 

Volume(s)

0.00p

25,000

 

Sale

Price(s)

 

Volume(s)

115p

27,827

 

Purchase

Price(s)

 

Volume(s)

115.1p

27,652

 

 

d.         

Aggregated information

·      Aggregated volume

·      Price

 

Transfer

25,000 ordinary 12.5p shares - at 0.00p per share

 

Sale

27,827 at 115p per share

 

Purchase

27,652 at 115.1p per share

 

e.         

Date of the transaction

05/02/2019

 

f.         

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

 


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