FAN Volution Group Plc

TIDMFAN

RNS Number : 0047E

Volution Group plc

02 November 2020

Monday 2 November 2020

Volution Group plc

Share Purchase by Chairman

Volution Group plc ("Volution" or the "Company", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announces that on 2 November 2020 it received notification that Paul Hollingworth, Chairman, purchased 16,704 ordinary shares at a price of 199.5 pence per share on 2 November 2020. The transaction took place in London.

As a result of this notification, Paul Hollingworth has a beneficial shareholding in the Company of 47,620 ordinary shares, which represents 0.024% of the Company's voting share 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                         Paul Hollingworth 
     --------------------------  -------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------ 
 a)   Position/status             Non-Executive Chairman 
     --------------------------  -------------------------------------- 
 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) 
                                    199.5 pence per 
                                     share             16,704 
                                                      ---------- 
     --------------------------  -------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          Not applicable, single transaction. 
       - Price 
     --------------------------  -------------------------------------- 
 e)   Date of the transaction     2 November 2020 
     --------------------------  -------------------------------------- 
 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 international designer and manufacturer of energy efficient indoor air quality solutions.

Volution Group comprises 16 key brands across three regions:

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, inVENTer, Ventilair.

Australasia: Simx, Ventair.

For more information, please go to: www.volutiongroupplc.com

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END

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November 02, 2020 11:44 ET (16:44 GMT)

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