Windar Photonics PLC Director Dealing (7196S)
08 Noviembre 2019 - 1:00AM
UK Regulatory
TIDMWPHO
RNS Number : 7196S
Windar Photonics PLC
08 November 2019
8 November 2019
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulations (EU) No. 596/2014. Upon the publication of this
announcement, this inside information is now considered to be in
the public domain.
Windar Photonics plc
("Windar" or the "Company")
Director Dealing
Windar Photonics plc (AIM:WPHO), the technology group that has
developed a cost efficient and innovative LIDAR wind sensor for use
on electricity generating wind turbines, announces that O-Net
Communications Holdings Limited, who has a 31.7 per cent.
shareholding in WaveTouch Group Limited ("WaveTouch Group"), has
exercised its right pursuant to the Put/Call Option Agreement
entered into on 15 March 2016 between O-Net Communications Holdings
Limited and Pasinika s.á.r.l ("Pasinika") to acquire 2,000,000
ordinary shares of 1 pence each in the Company ("Ordinary Shares")
in exchange for 8,000,000 ordinary shares, equivalent to 31.7 per
cent., of WaveTouch Group.
Jorgen Korsgaard Jensen, a Director of the Company, is the sole
beneficial owner of Pasinika. Following the completion of this
swap, Pasinika will be interested in 4,983,197 Ordinary Shares,
representing 11.2 per cent. of the issued share capital of Windar,
and O-Net Communications Holdings Limited will be interested in
2,000,000 Ordinary Shares, representing 4.5 per cent. of the issued
share capital of Windar.
Jorgen Korsgaard Jensen is also a shareholder in and CEO of
WaveTouch Group, a company incorporated in the United Kingdom,
which develops and markets optical touch screen and related
technologies.
For further information:
Windar Photonics plc Jørgen Korsgaard Jensen, CEO +4524234930
Cantor Fitzgerald Europe David Foreman (Corporate Finance)
Nominated Adviser and Broker Keith Dowsing (Sales) +44 (0)20 7894 7000
Elisabeth Cowell
Newgate Communications Adam Lloyd
Financial PR Tom Carnegie +44 (0)20 7680 6550
The person responsible for arranging the release of this
announcement on behalf of Windar is Jørgen Korsgaard Jensen.
About Windar:
Windar Photonics is a technology group that develops
cost-efficient and innovative Light Detection and Ranging ("LiDAR")
optimisation systems for use on electricity generating wind
turbines. LiDAR wind sensors in general are designed to remotely
measure wind speed and direction.
http://investor.windarphotonics.com
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jorgen Korsgaard Jensen
-------------------------------- ---------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status CEO
-------------------------------- ---------------------------------------
b) Initial notification Initial Notification
/Amendment
-------------------------------- ---------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name Windar Photonics plc
-------------------------------- ---------------------------------------
b) LEI 2138003JZZMKJGOOCR02
-------------------------------- ---------------------------------------
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 Ordinary shares of 1p each
financial instrument,
type of instrument
Identification code ISIN: GB00BTFR4F17
b) Nature of the transaction Share swap
-------------------------------- ---------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
----------------------- -----------
42.5p (mid market
closing price) 2,000,000
------------------------------------------------------------- -----------
d) Aggregated information
- Aggregated volume 2,000,000
- Price 42.5p (mid market closing price)
-------------------------------- --------------------------------------------
e) Date of the transaction 7 November 2019
-------------------------------- ---------------------------------------
f) Place of the transaction London Stock Exchange
-------------------------------- ---------------------------------------
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
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END
DSHDGBDBDBGBGCR
(END) Dow Jones Newswires
November 08, 2019 02:00 ET (07:00 GMT)
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