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RNS Number : 4070D
Pressure Technologies PLC
19 February 2020
 

19 February 2020

 

Pressure Technologies plc

("Pressure Technologies", the "Company" or the "Group")

 

Purchase of shares by a Director

The Board of Pressure Technologies has been informed that Sir Roy Gardner, Chairman acquired ordinary shares in the Company on 14 February 2020 as detailed in the table below.

 

 

Director

Number of shares purchased

Total number of shares now held

Percentage of issued share capital

Sir Roy Gardner

5,000

27,500

0.15%

 

For further information, please contact:

 

Pressure Technologies plc


Chris Walters, Chief Executive

Tel: 0114 257 3616

Joanna Allen, Chief Financial Officer

pressuretech@investor-focus.co.uk

 

N+1 Singer (Nomad and Broker)

 

Tel: 0207 496 3000

Mark Taylor / Lauren Kettle

 


IFC Advisory Ltd (Financial PR and IR)

Tel: 0203 934 6630

Graham Herring / Tim Metcalfe / Zach Cohen


 

 

 

 

1.            Details of the person discharging managerial responsibilities / person closely associated

 

a)

Name

Sir Roy Gardner

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification /Amendment

Initial

3

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

a)

Name

Pressure Technologies plc

b)

LEI

213800PTKN1VDP2DIN05

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 5 pence each

  

GB00B1XFKR57

 

b)

Nature of the transaction

Purchase of ordinary shares

c)

 

Price(s) and volume(s)

 

Price

Volume

132 pence

5,000

d)

 

Aggregated information

 - Aggregated volume

 - Price

N/A

e)

Date of the transaction

14 February 2020

f)

Place of the transaction

London Stock Exchange

 

 

COMPANY DESCRIPTION

 

Company description - www.pressuretechnologies.com 

With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.

 

The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.

 

Precision Machined Components (PMC) - www.pt-pmc.com

●     Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.

 

Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com 

●     Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.


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