Volution Group plc Share purchase by CEO (7880D)
October 11 2018 - 8:50AM
UK Regulatory
TIDMFAN
RNS Number : 7880D
Volution Group plc
11 October 2018
11 October 2018
Volution Group plc
Director Share Purchase
Volution Group plc (the "Company", LSE: FAN) a leading supplier
of ventilation products to the residential and commercial
construction markets, announces that on 11 October 2018 it received
notification that Ronnie George, Chief Executive Officer, purchased
10,000 ordinary shares at a price of 170 pence per share on 11
October 2018. The transaction took place in London.
As a result of this notification, Ronnie George has a beneficial
shareholding in the Company of 5,632,833 ordinary shares, which
represents 2.83% of the Company's voting capital.
The following notification, made pursuant to Article 19(3) of
the Market Abuse Regulation, provides further details.
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 Ronnie George
-------------------------- --------------------------------------
2 Reason for the notification
------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------
a) Name Volution Group plc
-------------------------- --------------------------------------
b) LEI 213800EPT84EQCDHO768
-------------------------- --------------------------------------
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 1 pence each
financial instrument,
type of instrument
ISIN: GB00BN3ZZ526
Identification code
-------------------------- --------------------------------------
b) Nature of the transaction Purchase of ordinary shares
-------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
170 pence per
share 10,000
----------
-------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume Not applicable, single transaction.
- Price
-------------------------- --------------------------------------
e) Date of the transaction 11 October 2018
-------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, Main Market
(XLON)
-------------------------- --------------------------------------
- ends -
Enquiries:
Volution Group plc
Michael Anscombe, Company Secretary +44 (0) 1293 441662
Note to Editors:
Volution Group plc (LSE: FAN) is a leading supplier of
ventilation products to the residential and commercial construction
markets in the UK, the Nordics, Central Europe and Australasia.
The Volution Group operates through two divisions: the
Ventilation Group and the OEM (Torin-Sifan) division. The
Ventilation Group comprises 15 key brands - Vent-Axia, Manrose,
Diffusion, National Ventilation, Airtech, Breathing Buildings,
Fresh, PAX, VoltAir, Welair, Kair, Air Connection, inVENTer,
Ventilair and Simx, focused primarily on the UK, the Nordic,
Central European and Australasian ventilation markets. The
Ventilation Group principally supplies ventilation products for
residential and commercial ventilation applications. The OEM
(Torin-Sifan) division supplies motors, fans and blowers to OEMs of
heating and ventilation products for both residential and
commercial construction applications in Europe.
For more information, please go to: www.volutiongroupplc.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
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