TIDMPRIM

RNS Number : 0754E

Primorus Investments PLC

25 February 2020

Primorus Investments plc

("Primorus" or the "Company")

Director Dealing

Primorus (AIM: PRIM, NEX: PRIM ) announces the following dealing in the ordinary shares of the Company made by a Director.

On 25 February 2020, Alastair Clayton, an Executive Director of the Company, acquired 375,000 Primorus ordinary shares at an average price of 2.97 pence per share, representing approximately 0.27% of the Company's issued ordinary share capital. Following this acquisition, Mr Clayton now holds an interest in 4,750,000 Primorus ordinary shares, representing approximately 3.4% of the Company's issued ordinary share capital.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information please contact:

 
 
  Primorus Investments PLC           +44 (0) 20 7440 
  Alastair Clayton                   0640 
 
  Cairn Financial Advisers LLP       +44 (0) 20 7213 
  James Caithie / Sandy Jamieson     0880 
 
  Broker 
  Turner Pope Investments (TPI)      +44 (0) 20 3657 
  Zoe Alexander/Andy Thacker         0050 
 
 
 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                                      Alastair Clayton 
                                                  -------------------------------------- 
 2       Reason for notification 
        ----------------------------------------  -------------------------------------- 
 a.      Position/Status                           Executive Director 
        ----------------------------------------  -------------------------------------- 
 b.      Initial notification/                     Initial 
          Amendment 
        ----------------------------------------  -------------------------------------- 
 3       Details of the issuer, emission allowance market participant, 
          auction platform, auctioneer or auction monitor 
        -------------------------------------------------------------------------------- 
 a.      Name                                      Primorus Investments PLC 
        ---------------------------------------- 
 b.      LEI                                          213800XCLCY5I8O3PP36 
        ----------------------------------------  -------------------------------------- 
 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                            Ordinary Shares 
          the financial 
          instrument, type 
          of instrument 
 
          Identification 
          Code 
        ----------------------------------------  -------------------------------------- 
 b.      Nature of the                             On market Purchase 
          transaction 
        ----------------------------------------  -------------------------------------- 
 
 c.      Price(s) and volume(s)                     Price(s)           Volume(s) 
        ----------------------------------------   ----------------- 
    2.97 pence                                                         375,000 
   -----------------------------------------------------------------  -------------- 
 
 d.      Aggregated information 
   - Aggregated Volume                       375,000 
   - Price                                    2.97 pence 
 ----------------------------------------  --------------------------------------------- 
 e.      Date of the transaction                   25/02/2020 
        ----------------------------------------  -------------------------------------- 
 f.      Place of the transaction                  London Stock Exchange, AIM 
        ----------------------------------------  --------------------------------------

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 Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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February 25, 2020 06:54 ET (11:54 GMT)

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