RNS Number : 1775O
Nanoco Group PLC
15 May 2018
 

NANOCO GROUP PLC

NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY

 

Nanoco Group plc ("Nanoco" or the "Company") announces today that on 14 May 2018, Michael Edelman, Chief Executive Officer disposed of 1,700,000 Ordinary Shares at an average price of 42.2p in order to settle personal commitments and, on 9 May 2018, transferred 150,000 Ordinary Shares into a charitable donor advised fund at a value of 48.98p which subsequently sold the shares at the average price 44.47p. Following this disposal, Michael Edelman holds a beneficial interest of 3,124,350 Ordinary Shares in the Company representing 1.09% of the total issued share capital.

 

1

Details of the person discharging managerial responsibilities / person closely associated

(a)    

Name

Michael Edelman

2

Reason for the notification

(a)    

Position/status

Director (CEO)

(b)    

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)    

Name

Nanoco Group plc

(b)    

LEI

213800HOSJEZO1KOCV33

4      

Details of the transaction(s)

(a)    

Description of the financial instrument, type of instrument

Ordinary shares of 10p each


Identification code

ISIN: GB00B01JLR99

(b)    

Nature of the transaction

Sale of shares

(c)    

Price(s) and volume(s)

 

 

 

Date

Price(s)

Volume

Type





14/05/2018

42.0p

1,500,000

sale

14/05/2018

43.7p

200,000

sale





09/05/2018

48.98p

150,000

transfer





14/05/2018

43.0p

20,000

sale

14/05/2018

43.1p

10,000

sale

14/05/2018

43.2p

9,000

sale

14/05/2018

43.25p

21,295

sale

14/05/2018

43.3p

5,000

sale

14/05/2018

43.45p

20,099

sale

14/05/2018

43.65p

9,453

sale

14/05/2018

45.0p

6,058

sale

14/05/2018

45.9p

14,555

sale

14/05/2018

46.35p

5,000

sale

11/05/2018

46.45p

13,133

sale

11/05/2018

47.0p

3,349

sale

11/05/2018

48.0p

5,000

sale

10/05/2018

48.05p

7,293

sale

10/05/2018

48.1p

765

sale

(d)    

Aggregated information



ยท             Aggregated volume

Sale volume:  1,850,000 Ordinary shares

Average price: 42.38p

 

(excluding the transfer of 150,000 ordinary shares above)

(e)    

Date of the transaction

As above

(f)     

Place of the transaction

London Stock Exchange (XLON); Main Market

 

The person responsible for arranging for the release of this announcement on behalf of the Company is David Blain, Chief Financial Officer.


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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