Monchhichi plc Director Share Purchase (2555E)
May 05 2017 - 2:00AM
UK Regulatory
TIDMMCC
RNS Number : 2555E
Monchhichi plc
05 May 2017
FOR IMMEDIATE RELEASE 5 May 2017
Monchhichi Plc
('Monchhichi' or the 'Company')
Director Share Purchase
On 4 May 2017 Monchhichi CEO Jean-Pascal Tranié acquired 700,000
ordinary shares (c. 1.59% of the Company's issued share capital) at
a price of 37p per share. This takes his holding to 1,410,000
ordinary shares representing 3.21% of the Company's issued share
capital.
Commenting on yesterday's purchase Jean-Pascal Tranié said:
"I have recently successfully sold my renewable energy business
and wish to devote from this point onwards substantially all of my
time and energy to the ongoing development of Monchhichi. Being
able to put more skin in the game at this junction is attractive
for me personally and reflects my growing confidence level that
over time, we can deliver a progressive and superior risk / reward
profile for all stakeholders".
- Ends -
Enquiries: Tel: +44 (0)20 7886
Panmure Gordon (Nominated 2500
Adviser and Broker)
Dominic Morley
Buchanan (Financial communications) Tel: +44 (0)20 7466
Richard Oldworth / Henry Harrison-Topham 5000
monchhichi@buchanan.uk.com www.buchanan.uk.com
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 Jean-Pascal Tranié
--- ------------------ ----------------------------------
2 Reason for the notification
--- ------------------------------------------------------
a) Position/status Chief Executive
--- ------------------ ----------------------------------
b) Initial Initial Notification
notification
/Amendment
--- ------------------ ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ------------------------------------------------------
a) Name Monchhichi Plc
--- ------------------ ----------------------------------
b) LEI
--- ------------------ ----------------------------------
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 Ordinary Shares in Monchhichi
of the financial Plc
instrument,
type of LSE:MCC
instrument
Identification
code
--- ------------------ ----------------------------------
b) Nature of Acquisition of Ordinary Shares
the transaction in Monchhichi Plc
--- ------------------ ----------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) --------- ----------
37p 700,000
--------- ----------
--- ------------------ ----------------------------------
d) Aggregated 700,000 ordinary shares purchased
information at a price of 37p per share
- Aggregated
volume
- Price
--- ------------------ ----------------------------------
e) Date of 2017-05-04
the transaction
--- ------------------ ----------------------------------
f) Place of London Stock Exchange
the transaction
--- ------------------ ----------------------------------
Name of authorised official of issuer responsible for making
notification:
Jean-Pascal Tranié
Chief Executive Officer Monchhichi plc
This information is provided by RNS
The company news service from the London Stock Exchange
END
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