Nippon Active Value Fund PLC Director/PDMR Shareholding
April 09 2024 - 1:00AM
RNS Regulatory News
RNS Number : 7614J
Nippon Active Value Fund PLC
09 April 2024
Nippon Active Value Fund plc
LEI: 213800JOFEGZJYS21P75
9 April
2024
Director dealings
Nippon Active Value Fund plc which
targets attractive levels of capital growth for shareholders from
the active management of a focused portfolio of (predominantly)
quoted Japanese equity investments announces the following
dealings.
On 5 April 2024, Rosemary Morgan,
Chairman of the Board of Directors, and her spouse, Mark Damazer,
transferred Ordinary Shares from their joint personal
holdings through a Bed and ISA arrangement
to effect the transfer of the Ordinary Shares to Mark Damazer's ISA
account, by the sale and re-purchase of shares.
Mark Damazer also purchased Ordinary
Shares into his ISA account on the same date.
The transactions are summarised
below:
Name(s)
|
Role: Director/Person closely
associated ("PCA")
|
Nature of Transaction
|
Number of Ordinary Shares
|
Rosemary Morgan and Mark
Damazer
|
Director and her PCA
|
Sale from joint personal
holding
|
7,440
|
Mark Damazer
|
PCA to Rosemary Morgan
|
Re-purchase into ISA
|
7,440
|
Mark Damazer
|
PCA to Rosemary Morgan
|
Purchase into ISA
|
1,450
|
Enquiries:
Apex Listed Companies Services (UK)
Limited
|
+44 20 3327 9720
|
Company Secretary
|
|
|
|
The relevant notifications set out
below are provided in accordance with the requirements of Article
19 of the EU Market Abuse Regulation.
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
|
Rosemary Morgan and Mark Damazer
|
2
|
Reason for the notification
|
a)
|
Position/status
|
Director and PCA (acting jointly)
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Nippon Value Active Fund plc
|
b)
|
LEI
|
213800JOFEGZJYS21P7
|
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 financial
instrument, type of instrument
|
Ordinary Shares
|
|
|
Identification code
|
|
|
|
b)
|
Nature of the transaction
|
Sale of 7,440 shares and repurchase of 7,440
shares
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
Transaction 1 (sale)
Transaction 2 (purchase)
|
|
176.5p per share
176.5p per share
|
7,440
7,440
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
Sale: 7,440
Re-purchase: 7,440
|
|
|
- Price
|
176.5p per share
176.5p per
share
|
|
|
e)
|
Date of the transaction
|
5 April 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Mark Damazer
|
2
|
Reason for the notification
|
a)
|
Position/status
|
PCA of Rosemary Morgan
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Nippon Value Active Fund plc
|
b)
|
LEI
|
213800JOFEGZJYS21P7
|
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 financial
instrument, type of instrument
|
Ordinary Shares
|
|
|
Identification code
|
|
|
|
b)
|
Nature of the transaction
|
Purchase of shares
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
Transaction
|
|
177.7p per share
|
1,450
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
- Aggregated volume
|
1,450
|
|
|
- Price
|
177.7p
|
|
|
e)
|
Date of the transaction
|
5 April 2024
|
f)
|
Place of the transaction
|
London Stock Exchange
|
END
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our
Privacy
Policy.
END
DSHKVLFBZZLZBBQ
Nippon Active Value (LSE:NAVF)
Historical Stock Chart
From Apr 2024 to May 2024
Nippon Active Value (LSE:NAVF)
Historical Stock Chart
From May 2023 to May 2024