Global Invacom Group Limited Director/PDMR Shareholding (8484H)
March 15 2018 - 5:45AM
UK Regulatory
TIDMGINV
RNS Number : 8484H
Global Invacom Group Limited
15 March 2018
GLOBAL INVACOM GROUP LIMITED
Director/PDMR Shareholding
15 March 2018 - Global Invacom Group Limited ("Global Invacom"
or "the Group"), a satellite communications ("Sat Comms") equipment
provider listed on the Singapore Exchange and the U.K. AIM Market,
announces that on 15 March 2018, Mr Basil Chan, Non-Executive
Director of the Group, purchased 150,000 ordinary shares of no par
value in the Group ("Ordinary Shares") at a price of S$0.145 per
Ordinary Share (the "Purchase").
Following the Purchase, Mr Chan is beneficially interested in
165,000 Ordinary Shares, representing 0.061% of the Group's issued
share capital.
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 Basil Chan
--- ------------------------------- ------------------------------
2. Reason for the Notification
--- ---------------------------------------------------------------
a) Position/status Non-Executive Director / PDMR
--- ------------------------------- ------------------------------
b) Initial notification/Amendment Initial notification
--- ------------------------------- ------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name Global Invacom Group Limited
--- ------------------------------- ------------------------------
b) LEI 213800EHSM1ITAQYDT90
--- ------------------------------- ------------------------------
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 Ordinary Shares of no par
the Financial value
instrument, type
of instrument
---
Identification SG2E91982768
code
--- ------------------------------- ------------------------------
b) Nature of the Purchase of Ordinary Shares
transaction
--- ------------------------------- ------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
S$0.145 150,000
---------- ----------
--- ------------------------------- ------------------------------
d) Aggregated information: Purchase of 150,000 ordinary
Aggregated volume shares at a price of S$0.145
Price per ordinary share
--- ------------------------------- ------------------------------
e) Date of the transaction 15 March 2018
--- ------------------------------- ------------------------------
f) Place of the Main Board of the Singapore
transaction Exchange Securities Trading
Limited
--- ------------------------------- ------------------------------
For media queries, please contact
Matthew Garner
Chief Financial Officer
Global Invacom Group Limited
8 Temasek Boulevard Freeman House
#20-03 Suntec Tower John Roberts Business
Three Park
Singapore 038988 Canterbury CT5 3BJ
+65 6884 3423 +44 203 053 3523
On behalf of Global Invacom Group Limited:
finnCap Ltd (Nominated Adviser and Joint Broker)
Christopher Raggett/Simon Hicks (Corporate Finance)
+44 207 220 0500
Mirabaud Securities LLP (Joint Broker)
Peter Krens (Equity Capital Markets)
+44 207 878 3362
WeR1 Consultants Pte Ltd (Singapore Investor Relations)
Ian Lau, ianlau@wer1.net
Roshan Singh, roshansingh@wer1.net
+65 6737 4844
About Global Invacom Group Limited
Global Invacom Group Limited ("Global Invacom") is listed on the
Singapore Exchange Securities Trading Limited Mainboard ("SGX-ST")
and its shares are admitted to trading on the AIM Market of the
London Stock Exchange in the U.K.
Global Invacom is a fully integrated satellite equipment
provider with six manufacturing plants across China, Israel,
Malaysia, U.K. and the U.S. Its customers include satellite
broadcasters such as BSkyB of the U.K. and Dish Network of the
U.S.A.
On 24 August 2015, Global Invacom completed the acquisition of
Global Skyware, a leading U.S.-based designer and supplier of
satellite antennas products and services for C-band, Ku-band and
Ka-band frequency platforms, positioning itself as the world's only
full-service outdoor unit supplier.
Global Invacom provides a full range of dish antennas, LNB
receivers, transmitters, switches and video distribution components
and electronics manufacturing services in satellite communications
as well as manufacturing services in TV peripherals, computer
peripherals, medical, and consumer electronics industries.
For more information, please refer to www.globalinvacom.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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