TIDMAQSG

RNS Number : 1853S

Aquila Services Group PLC

15 March 2021

For immediate release

15 March 2021

Aquila Services Group plc

("Aquila" or the "Company")

Exercise of Options, PDMR Shareholdings and Total Voting Rights

Aquila, the quoted parent company of three main trading subsidiaries which provide professional consultancy and support services to organisations and businesses involved in the affordable housing, education, sports and community services sectors, are pleased to announce the following transactions which also represent an increase in shareholdings by employees:

-- The Company has received notice from Mr David Mairs, a director of one of the Company's subsidiary, to exercise an option to subscribe for 103,093 ordinary shares of 5p each ("Ordinary Shares") at a price of GBP0.05 per Ordinary Share. The notice was accepted as valid and having received funds of GBP5,155 the Company has accordingly issued and allotted 103,093 new Ordinary Shares (the "Option Shares").

-- Mrs Catherine Beazley a subsidiary director has on 12 March 2021 acquired 25,000 Ordinary Shares. This results in Mrs Beazley's shareholding being 30,000 ordinary shares representing 0.08% of the Company's existing share capital.

Applications have been made to the Financial Conduct Authority ("FCA") and the London Stock Exchange for the Option Shares to be admitted to the Official List and to trading on the London Stock Exchange's main market for listed securities (the "Admission"). It is expected that Admission will become effective on 19 March 2021.

Following the issue of the Option Shares, which on Admission will rank pari passu with the existing ordinary shares, the total number of Ordinary Shares in issue with voting rights in the Company will be 39,961,955 . There are no shares held in treasury.

The above figure of 39,961,955 may therefore be used by shareholders as the denominator for the calculation by which they may determine if they are required to notify their interest in, or change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

The information contained in Appendix 1 below is disclosed in accordance with Article 19 of the EU Market Abuse Regulation.

For further information please visit www.aquilaservicesgroup.co.uk . or contact:

Aquila Services Group plc

Claire Banks, Group Finance Directors

Tel: 020 7934 0175

Beaumont Cornish Limited, Financial Adviser

Roland Cornish

Tel: 020 7628 3396

Appendix 1

 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        David Mairs 
     --------------------------  ------------------------------------- 
 2    Reason for notification 
     ----------------------------------------------------------------- 
 a)   Position / status           PDMR 
     --------------------------  ------------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ------------------------------------- 
 3    Details of t he issu er, e mission allow a n ce m a 
       r k et participan t, au ct ion plat for m, au ction 
       eer or auc tion monitor 
     ----------------------------------------------------------------- 
 a)   Name                        Aquila Services Group plc 
     --------------------------  ------------------------------------- 
 b)   LEI                         213800YHTDDQX5MZZW83 
     --------------------------  ------------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     ----------------------------------------------------------------- 
 a)   Description of the          Ordinary Shares of GBP0.05 each 
       financial instrument, 
       t ype of instrument 
       I d e ntification           ISIN GB00BPYP3Q26 
       code 
     --------------------------  ------------------------------------- 
      Nature of the transaction   Issue of 103,093 new ordinary shares 
                                   pursuant to exercise of options 
     --------------------------  ------------------------------------- 
      Price(s) and volumes(s)       Price(s)   Volumes(s) 
                                     5p         103,093 
                                               ----------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information      103,093 ordinary shares 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     2021 March 15 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------- 
 
 
 1    Details of t he p erson disc harging managerial responsib 
       ilities / p erson closely associated 
 a)   Name                        Catherine Beazley 
     --------------------------  ----------------------------------- 
 2    Reason for notification 
     --------------------------------------------------------------- 
 a)   Position / status           PDMR 
     --------------------------  ----------------------------------- 
 b)   I nitial notification       Initial 
       /Amendment 
     --------------------------  ----------------------------------- 
 3    Details of t he issu er, e mission allow a n ce m a 
       r k et participan t, au ct ion plat for m, au ction 
       eer or auc tion monitor 
     --------------------------------------------------------------- 
 a)   Name                        Aquila Services Group plc 
     --------------------------  ----------------------------------- 
 b)   LEI                         213800YHTDDQX5MZZW83 
     --------------------------  ----------------------------------- 
 4    Details of t he t ransact ion (s): section to be re 
       p eated for ( i) e a ch type of instr u m e n t; (ii) 
       each type of transac tion; (iii) each date; and ( iv) 
       each place w h ere transactions have b een condu cted 
     --------------------------------------------------------------- 
 a)   Description of the          Ordinary Shares of GBP0.05 each 
       financial instrument, 
       t ype of instrument 
       I d e ntification           ISIN GB00BPYP3Q26 
       code 
     --------------------------  ----------------------------------- 
      Nature of the transaction   Purchase of 25,000 ordinary shares 
     --------------------------  ----------------------------------- 
      Price(s) and volumes(s)       Price(s)   Volumes(s) 
                                     20p        25,000 
                                               ----------- 
     --------------------------  ----------------------------------- 
 d)   Aggregated information      25,000 ordinary shares 
     --------------------------  ----------------------------------- 
 e)   Date of the transaction     2021 March 12 
     --------------------------  ----------------------------------- 
 f)   Place of the transaction    London Stock Exchange (XLON) 
     --------------------------  ----------------------------------- 
 

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March 15, 2021 03:00 ET (07:00 GMT)