Amati VCT PLC Smaller Related party transaction (0841X)
21 Noviembre 2017 - 2:45AM
UK Regulatory
TIDMATI
RNS Number : 0841X
Amati VCT PLC
21 November 2017
Amati VCT plc ("the Company")
Legal Entity Identifier: 213800JHPMJWKLKEUU24
21 November 2017
Smaller Related Party Transaction
Amati VCT plc (the "Company") announces that Peter Lawrence, a
director of the Company, has subscribed for 72,734 new ordinary
shares at 96.24p per share (totalling GBP70,000) in the Offer for
Subscription announced on 27 October 2017. In addition, two family
members, Michael Lawrence and Louise Lawrence, each subscribed for
72,734 new ordinary shares (totalling GBP70,000 each). These shares
were acquired at the same price as subscriptions by other
shareholders that have subscribed for shares in the allotment dated
20 November 2017.
This transaction is deemed to be a smaller related party
transaction within the definition of Listing Rule 11.1.10R because
this dealing, when aggregated with previous subscriptions in the
last 12 months (the subscription for 136,184 shares each by Peter
Lawrence, Michael Lawrence and Louise Lawrence at 73.43p on 1
February 2017) exceeds the 0.25% threshold as set out in
LR11.1.10R.
SPARK Advisory Partners Limited, the Company's sponsor, has
provided written confirmation that the terms of the agreement are
fair and reasonable so far as the shareholders of the Company are
concerned.
Following this transaction Peter Lawrence has 375,844 shares in
the Company, amounting to 0.49 per cent of the issued share
capital, as enlarged by this allotment. Michael Lawrence and Louise
Lawrence have 236,704 and 260,952 shares respectively in the
Company, amounting to 0.26 per cent and 0.30 per cent respectively
of the issued share capital, as enlarged by this allotment.
For further information, please contact Doreen Nic on 0131 510
7465 or email info@amatiglobal.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 21, 2017 03:45 ET (08:45 GMT)
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