TIDMFLO

RNS Number : 2095O

Flowtech Fluidpower PLC

30 September 2019

The 'Director / PDMR Dealing' announcement released earlier today (30 September) included an incorrect date of transaction in the description, this should have read 26 September 2019. This is corrected below. All other details of the announcement remain the same.

 
     Flowtech Fluidpower PLC 
   ("Flowtech" or the "Company") 
 
      Director / PDMR Dealing 
 

Flowtech Fluidpower plc, the UK's leading specialist supplier of technical fluid power products, announces that it has been notified that Russell Cash, Chief Financial Officer of Flowtech, has purchased a total of 28,570 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 26 September 2019 at an average price of 105.9 pence per Ordinary Share.

Following this transaction, Mr Cash has an interest in 28,570 Ordinary Shares, representing approximately 0.05 per cent. of the Company's issued Ordinary Share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name 
                                                Russell Cash 
      -------------------------------------  -------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                        Chief Financial Officer/PDMR 
      -------------------------------------  -------------------------------------- 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                                   FLOWTECH FLUIDPOWER PLC 
      -------------------------------------  -------------------------------------- 
 b)    LEI                                    LEI: 213800N68SQY5X5XS290 
      -------------------------------------  -------------------------------------- 
 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 GBP0.50p each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BM4NR742 
 
 b)    Nature of the transaction              Purchase of ordinary shares 
      -------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                              -----------------  ---------------- 
                                               Price(s)           Volume(s) 
                                              -----------------  ---------------- 
                                               104.5p             8,995 
                                              -----------------  ---------------- 
                                               105.0p             5,000 
                                              -----------------  ---------------- 
                                               107.0p             9,657 
                                              -----------------  ---------------- 
                                               107.5p             4,918 
                                              -----------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    28,570 
 
  - Price                                105.9p 
 
 e)    Date of the transaction                26 September 2019 
      -------------------------------------  -------------------------------------- 
 f)    Place of the transaction               London Stock Exchange, AIM 
      -------------------------------------  -------------------------------------- 
 
 
 Enquiries to: 
  Flowtech Fluidpower plc 
  Bryce Brooks, Chief Executive Officer 
  Russell Cash, Chief Financial Officer 
  Tel: +44 (0) 1695 52796 
  Email info@flowtechfluidpower.com 
 
  LSE: AIM symbol FLO 
 
  Zeus Capital Limited (Nominated Adviser and Broker) 
  Andrew Jones, Alistair Donnelly (corporate finance) 
  Dominic King, John Goold (sales & broking) 
  Tel: +44 (0) 161 831 1512 
 
  finnCap Limited (Joint Broker) 
  Ed Frisby, Kate Bannatyne (Corporate Finance) 
  Rhys Williams, Andrew Burdis (Sales & Broking) 
  Tel: + 44 (0) 20 7220 0500 
 
  TooleyStreet Communications (IR and media relations) 
  Fiona Tooley 
  Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.com 
 
 

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

DSHGMGFLKGNGLZM

(END) Dow Jones Newswires

September 30, 2019 11:10 ET (15:10 GMT)

Flowtech Fluidpower (LSE:FLO)
Gráfica de Acción Histórica
De Feb 2024 a Mar 2024 Haga Click aquí para más Gráficas Flowtech Fluidpower.
Flowtech Fluidpower (LSE:FLO)
Gráfica de Acción Histórica
De Mar 2023 a Mar 2024 Haga Click aquí para más Gráficas Flowtech Fluidpower.