TIDMCTH

RNS Number : 6912R

CareTech Holdings PLC

09 March 2021

 
 For immediate release   9 March 2021 
 

CareTech Holdings PLC

("CareTech" or "the Company")

PDMR Dealing

CareTech Holdings PLC (AIM: CTH), a pioneering provider of specialist social care and education services to adults and children in the UK, announces that a Person Discharging Managerial Responsibility (PDMR) has today completed a sale of beneficial interest in the Company.

Andrew Lee, Commercial Director, has sold 1,500 ordinary shares of 0.5 pence each in the capital of the Company ("Ordinary Shares) at a price of 546 pence per Ordinary Share.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated ("PCAs") with them.

 
  1   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Names                        Andrew Lee 
     ---------------------------  ----------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position/status              Commercial Director, PDMR 
     ---------------------------  ----------------------------------------- 
 b)   Initial notification         Initial Notification 
       /Amendment 
     ---------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                         CareTech Holdings PLC 
     ---------------------------  ----------------------------------------- 
 b)   LEI 
                                     213800HI1AZG2GLBYF65 
     ---------------------------  ----------------------------------------- 
 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 0.5 pence each 
       financial instrument, 
       type of instrument 
     ---------------------------  ----------------------------------------- 
 b)   Identification code          GB00B0KWHQ09 
     ---------------------------  ----------------------------------------- 
 c)   Nature of the transactions 
                                     Sale of Ordinary Shares 
     ---------------------------  ----------------------------------------- 
 d)   Price(s) and volume(s)       Price: 546 pence 
                                    Volume: 1 ,500 Ordinary Shares 
     ---------------------------  ----------------------------------------- 
 d)   Aggregated information        N/A 
       - Aggregated volume 
       - Price 
     ---------------------------  ----------------------------------------- 
 e)   Date of the transactions     9 March 2021 
     ---------------------------  ----------------------------------------- 
 f)   Place of the transaction     London Stock Exchange, AIM Market (XLON) 
     ---------------------------  ----------------------------------------- 
 

For further information, please contact:

   CareTech Holdings PLC                                           01707 601800 

Farouq Sheikh, Executive Chairman

Christopher Dickinson, Group Finance Director

   Consilium Strategic Communications                    020 3709 5700 

Mary-Jane Elliott

Chris Welsh

Angela Gray

   Panmure Gordon (Nomad and Joint Broker)         020 7886 2500 

Emma Earl

Freddy Crossley

Charles Leigh-Pemberton

   Numis (Joint Broker)                                               020 7260 1000 

Jonathan Wilcox

James Black

Duncan Monteith

About CareTech

CareTech Holdings PLC is a leading provider of specialist social care services supporting around 5,000 adults and children with a wide range of complex needs in more than 550 day services the UK employing more than 10,500 staff; and an emerging presence in international markets.

Committed to the highest standards of care and care governance, CareTech's innovative Care Pathway covers Foster care, Children's Services, Adults Services and Technology Solutions.

CareTech, which was founded in 1993, began trading on the AIM market of the London Stock Exchange in October 2005 under the ticker symbol CTH.

   For further information please visit:      www.caretech-uk.com 

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END

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March 09, 2021 10:15 ET (15:15 GMT)

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