discoverIE Group plc Director/PDMR Shareholding (0358Q)
24 Junio 2022 - 1:00AM
UK Regulatory
TIDMDSCV
RNS Number : 0358Q
discoverIE Group plc
24 June 2022
24 June 2022
discoverIE Group plc
Director/PDMR Shareholding
discoverIE Group plc (LSE:DSCV, the "Company"), a leading
international designer and manufacturer of customised electronics
for industrial applications, announces that, on 23 June 2022, Mrs
Susan Jefferies, wife of Nick Jefferies, and Simon Gibbins, each
acquired 3,297 ordinary shares of 5 pence each in the Company
("Ordinary Shares") at an average price of GBP6.01.
Following these purchases, Nick Jefferies is interested in
1,245,127 Ordinary Shares, representing approximately 1.30% of the
Company's voting share capital and Simon Gibbins is interested in
391,561 Ordinary Shares, representing approximately 0.41% of the
Company's voting share capital.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Susan Jefferies
------------------------------------- --------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position / status PCA of Nick Jefferies, Group
Chief Executive
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b) Initial notification / amendment Initial notification
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3 Details of issuer
-----------------------------------------------------------------------
a) Name discoverIE Group plc
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b) LEI 213800BMDLQU1VEEAN68
------------------------------------- --------------------------------
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 Ordinary Shares
instrument, type of instrument
Identification code GB0000055888
------------------------------------- --------------------------------
b) Nature of the transaction Share acquisition
------------------------------------- --------------------------------
c) Price(s) and volume(s) Price Volume
601.01 pence
per share 3,297
-------
------------------------------------- --------------------------------
d) Aggregated information
As above
------------------------------------- --------------------------------
e) Date of the transaction 23 June 2022
------------------------------------- --------------------------------
f) Place of the transaction London Stock Exchange, Main
Market (XLON)
------------------------------------- --------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Simon Gibbins
-------------------------------------- -------------------------------
2 Reason for the notification
-----------------------------------------------------------------------
a) Position / status Group Finance Director
-------------------------------------- -------------------------------
b) Initial notification / amendment Initial notification
-------------------------------------- -------------------------------
3 Details of issuer
-----------------------------------------------------------------------
a) Name discoverIE Group plc
-------------------------------------- -------------------------------
b) LEI 213800BMDLQU1VEEAN68
-------------------------------------- -------------------------------
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 Ordinary Shares
instrument, type of instrument
Identification code GB0000055888
-------------------------------------- -------------------------------
b) Nature of the transaction Share acquisition
-------------------------------------- -------------------------------
c) Price(s) and volume(s) Price Volume
601.01 pence
per share 3,297
-------
-------------------------------------- -------------------------------
d) Aggregated information
As above
-------------------------------------- -------------------------------
e) Date of the transaction 23 June 2022
-------------------------------------- -------------------------------
f) Place of the transaction London Stock Exchange, Main
Market (XLON)
-------------------------------------- -------------------------------
Notes to Editors:
About discoverIE Group plc
discoverIE Group plc is an international group of businesses
that designs and manufactures innovative electronic components for
industrial applications.
The Group provides application-specific components to original
equipment manufacturers ("OEMs") internationally through its two
divisions, Magnetics & Controls, and Sensing &
Connectivity. By designing components that meet customers' unique
requirements, which are then manufactured and supplied throughout
the life of their production, a high level of repeating revenue is
generated with long term customer relationships.
With a focus on sustainable key markets driven by structural
growth and increasing electronic content, namely renewable energy,
medical, electrification of transportation and industrial
automation & connectivity, the Group aims to achieve organic
growth that is well ahead of GDP and to supplement that with
complementary acquisitions. The Group has an ongoing commitment to
reducing the impact of its operations on the environment and with
its key markets aligned with a sustainable future, MSCI has awarded
the Group an ESG "A" rating.
The Group employs c.4,900 people across 20 countries with its
principal operating units located in Continental Europe, the UK,
China, Sri Lanka, India and North America.
discoverIE is listed on the Main Market of the London Stock
Exchange and is a member of the FTSE250, classified within the
Electrical Components and Equipment subsector.
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