TIDMFLO

RNS Number : 2224J

Flowtech Fluidpower PLC

15 August 2019

The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.

 
      Flowtech Fluidpwer PLC 
   ("Flowtech" or the "Company") 
 
      Director / PDMR Dealing

Flowtech Fluidpower plc, the UK's leading specialist supplier of technical fluid power products, announces that it has been notified that Bill Wilson, Non-Executive Director of Flowtech, has purhcased a total of 16,870 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 15 August 2019 at a price of 118.9p per Ordinary Share.

Following this transaction, Mr Wilson has an interest in 40,895 Ordinary Shares, representing approximately 0.07 per cent. of the Company's issued Ordinary Share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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 
                                                Bill Wilson 
      -------------------------------------  -------------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                        Non-Executive Director 
      -------------------------------------  -------------------------------------- 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  -------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                                   FLOWTECH FLUIDPOWER PLC 
      -------------------------------------  -------------------------------------- 
 b)    LEI                                    LEI: 213800N68SQY5X5XS290 
      -------------------------------------  -------------------------------------- 
 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 GBP0.50p each 
        financial instrument, 
        type of instrument 
 
       Identification code                    GB00BM4NR742 
 
 b)    Nature of the transaction              Purchase of ordinary shares 
      -------------------------------------  -------------------------------------- 
 c)    Price(s) and volume(s) 
                                              -----------------  ---------------- 
                                               Price(s)           Volume(s) 
                                              -----------------  ---------------- 
                                               118.9p             16,870 
                                              -----------------  ---------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                    16,870 
 
  - Price                                118.9p 
 
 e)    Date of the transaction                15 August 2019 
      -------------------------------------  -------------------------------------- 
 f)    Place of the transaction               London Stock Exchange, AIM 
      -------------------------------------  -------------------------------------- 
 
 
 Enquiries to: 
  Flowtech Fluidpower plc 
  Bryce Brooks, Chief Executive Officer 
  Russell Cash, Chief Financial Officer 
  Tel: +44 (0) 1695 52796 
  Email info@flowtechfluidpower.com 
 
  LSE: AIM symbol FLO 
 
  Zeus Capital Limited (Nominated Adviser and Broker) 
  Andrew Jones, Alistair Donnelly (corporate finance) 
  Dominic King, John Goold (sales & broking) 
  Tel: +44 (0) 161 831 1512 
 
  finnCap Limited (Joint Broker) 
  Ed Frisby, Kate Bannatyne (Corporate Finance) 
  Rhys Williams, Andrew Burdis (Sales & Broking) 
  Tel: + 44 (0) 20 7220 0500 
 
  TooleyStreet Communications (IR and media relations) 
  Fiona Tooley 
  Tel: +44 (0) 7785 703523 or email: fiona@tooleystreet.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

DSHLELFFKVFEBBL

(END) Dow Jones Newswires

August 15, 2019 08:56 ET (12:56 GMT)

Flowtech Fluidpower (LSE:FLO)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Flowtech Fluidpower Charts.
Flowtech Fluidpower (LSE:FLO)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Flowtech Fluidpower Charts.