TIDMFCRM

RNS Number : 8653Q

Fulcrum Utility Services Ltd

02 March 2021

2 March 2021

Fulcrum Utility Services Limited

("Fulcrum" or the "Company")

Director & PCA Dealings

The Company announces that Jonathan Turner, Non-Executive Director, has transferred 5,116,738 ordinary shares of 0.1p each ("Ordinary Shares") from his personal holding to Bayford Group, a person closely associated ("PCA") to Jonathan.

Furthermore, Jonathan's wife, Karen Turner, has transferred 642,654 Ordinary Shares from her personal holding to her SIPP.

Following these transactions, the Bayford Group (controlled by Jonathan Turner) and its connected parties remain beneficially interested in 32,698,981 Ordinary Shares, which includes all shares held by Jonathan, his wife, and their pension plans.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Jonathan Turner 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Non-Executive Director 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       / amendment 
     --------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                        Fulcrum Utility Services Limited 
     --------------------------  --------------------------------------------- 
 b)   LEI                         213800UOG45CW6KZY620 
     --------------------------  --------------------------------------------- 
 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 0.1p each 
       financial instrument, 
       type of instrument          ISIN: KYG368851047 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Disposal via transfer of ordinary shares 
                                   for nil consideration 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)  Volume(s)   Date of transaction 
                                     Nil       5,116,738   26 February 
                                                            2021 
                                               ---------  -------------------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                     N/A 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     26 February 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Bayford Group 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             a Person Closely Associated (PCA) with 
                                   Jonathan Turner, Non-Executive Director 
                                   of the Company 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       / amendment 
     --------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                        Fulcrum Utility Services Limited 
     --------------------------  --------------------------------------------- 
 b)   LEI                         213800UOG45CW6KZY620 
     --------------------------  --------------------------------------------- 
 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 0.1p each 
       financial instrument, 
       type of instrument          ISIN: KYG368851047 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Acquisition of ordinary shares via transfer 
                                   for nil consideration from Jonathan Turner 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)  Volume(s)   Date of transaction 
                                     Nil       5,116,738   26 February 
                                                            2021 
                                               ---------  -------------------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                     N/A 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     26 February 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Karen Turner 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             a Person Closely Associated (PCA) with 
                                   Jonathan Turner, Non-Executive Director 
                                   of the Company 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       / amendment 
     --------------------------  --------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name                        Fulcrum Utility Services Limited 
     --------------------------  --------------------------------------------- 
 b)   LEI                         213800UOG45CW6KZY620 
     --------------------------  --------------------------------------------- 
 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 0.1p each 
       financial instrument, 
       type of instrument          ISIN: KYG368851047 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Transfer of shares from personal holding 
                                   to SIPP for nil consideration 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)  Volume(s)   Date of transaction 
                                     Nil       642,654     26 February 
                                                            2021 
                                               ---------  -------------------- 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information 
       - Aggregated volume                     N/A 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     26 February 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange 
     --------------------------  --------------------------------------------- 
 

Enquiries:

Fulcrum Utility Services Limited

   Terry Dugdale, Chief Executive Officer    +44 (0)114 280 4102 

Jenny Cutler, Chief Financial Officer

Cenkos Securities plc (Nominated adviser and broker)

   Max Hartley / Callum Davidson (Nomad) / Michael Johnson (Sales)     +44 (0)20 7397 8900 

N+1 Singer (Joint Corporate Broker)

   Sandy Fraser / Rachel Hayes / Carlo Spingardi     +44 (0)20 7496 3000 

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider. The Group operates nationally with its head office in Sheffield, UK and its main business is the design, build, ownership and maintenance of energy connections and their related utility infrastructure including the EV charging network. The Group's offering also extends to smart meter ownership and exchange programmes, and the selective ownership and maintenance of utility networks and infrastructure.

https://investors.fulcrum.co.uk/

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March 02, 2021 05:40 ET (10:40 GMT)