17 April
2024
Kitwave Group plc
("Kitwave", the
"Group" or the "Company")
Director/PDMR
Shareholding
Kitwave Group plc (AIM: KITW), the delivered
wholesale business, was today notified by John Hope, a
PDMR at the Company, that his spouse, Tina Hope, who is a Person
Closely Associated ("PCA") had sold 175,000 ordinary shares of one
pence each in the Company ("Ordinary Shares") on 17 April 2024 at a
price of 363 pence per Ordinary Share.
Following the above transaction, Tina Hope's
total holding is 137,119 Ordinary Shares, equating to 0.20 per
cent. of the Company's issued share capital.
Director/PDMR
|
Position
|
Beneficiary/PCA
|
Number of
Ordinary Shares sold
|
Resultant
holding of PDMRs and their PCAs
|
Resultant
holding (%)
|
John Hope
|
PDMR
|
Wife
|
175,000
|
137,119
|
0.20
|
-
Ends-
For
further information please contact:
Kitwave Group plc
Ben Maxted, Chief Executive
Officer
David Brind, Chief Financial
Officer
www.kitwave.co.uk
|
Tel: +44 (0) 191 259 2277
|
Canaccord Genuity Limited
(Nominated Adviser and Sole Broker)
Bobbie Hilliam
Alex Orr
|
Tel: +44 (0) 20 7523 8150
|
Yellow Jersey PR
(Financial media and PR)
Sarah Hollins
Shivantha Thambirajah
Bessie Elliot
|
Tel: +44 (0) 20 3004 9512
|
Company
Overview
Founded in 1987, following the acquisition of a single-site
confectionery wholesale business based in North Shields, United
Kingdom, Kitwave is a delivered wholesale business, specialising in
selling and delivering impulse products, frozen, chilled and fresh
foods, alcohol, groceries and tobacco to approximately 42,000,
mainly independent, customers.
With a network of 32 depots, Kitwave is able to
support delivery throughout the UK to a diverse customer base,
which includes independent convenience retailers, leisure outlets,
vending machine operators, foodservice providers and other
wholesalers, as well as leading national retailers.
The Group's growth to date has been achieved
both organically and through a strategy of acquiring smaller,
predominantly family-owned, complementary businesses in the
fragmented UK grocery and foodservice wholesale market.
Kitwave Group plc was admitted to trading on
AIM of the London Stock Exchange in May 2021.
For further information, please visit
www.kitwave.co.uk.
Notification
of a Transaction pursuant to Article 19(1) of the EU Market Abuse
Regulation (EU) No. 596/2014 as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act
2018.
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
a.
|
Name
|
Tina Hope
|
2
|
Reason for
notification
|
a.
|
Position/Status
|
Person Closely Associated
|
b.
|
Initial notification/
Amendment
|
Initial Notification
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
a.
|
Name
|
Kitwave Group plc
|
b.
|
LEI
|
2138007DLCYPVY95UD40
|
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 1 pence each
GB00BNYKB709
|
b.
|
Nature of the transaction
|
Sale of Ordinary Shares
|
c.
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
363 pence
|
175,000
|
|
d.
|
Aggregated information
- Aggregated Volume
- Price
|
N/A
|
e.
|
Date of the transaction
|
17 April 2024
|
f.
|
Place of the transaction
|
London Stock Exchange (AIM)
|