Servelec Group plc Directors Interests (3375A)
March 23 2017 - 9:20AM
UK Regulatory
TIDMSERV
RNS Number : 3375A
Servelec Group plc
23 March 2017
23 March 2017
Servelec Group PLC
("Servelec" or the "Company")
Directors' Interests
Servelec Group Plc announces today that 22,521 shares were
exercised by employees in relation to the SAYE scheme and were
allotted from the block listing announced on 16 January 2017.
The exercise of options included the exercise of shares by Mr.
Mike Cane, who is a Director of the Company and is described below.
Following the exercise Mr. Mike Cane has interests in 79,327
shares.
Following the allotment, the Company's issued share capital
consists of 69,729,582 Ordinary Shares which may be used by
shareholders as the denominator for the calculations by which they
will determine if they are required to notify their interest in, or
a change in their interest in, the share capital of the Company
under the FCA's Disclosure and Transparency Rules.
Notification and public disclosure of transactions by person
discharging managerial responsibilities and persons closely
associated with them
1. Details of PDMR/Person Closely Associated with
them ('PCA')
--- -------------------------------------------------
a) Name Mike Cane
--- ----------------------- ------------------------
b) Position/status Chief Financial Officer
--- ----------------------- ------------------------
Initial notification/ Initial Notification
amendment
--- ----------------------- ------------------------
2. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ---------------------------------------------------
a) Name Servelec Group Plc
--- ------------------ -------------------------------
b) ISIN GB00BFRBTP86
--- ------------------ -------------------------------
2. 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 of 18p each
of the financial
instrument
--- ------------------ -------------------------------
b) Nature of Exercise of SAYE share options
the transaction
--- ------------------ -------------------------------
c) Price(s) Exercise Price Volume(s)
and volume(s) (s)
=============== =========
GBP1.79 5,027
=============== =========
--- ------------------ -------------------------------
d) Aggregated N/a
information
Aggregated
volume Price
--- ------------------ -------------------------------
e) Date of the 23 March 2017
transaction
--- ------------------ -------------------------------
f) Place of London Stock Exchange
the transaction
--- ------------------ -------------------------------
For further enquiries, please contact:
Servelec Group plc
Mike Cane, Chief Financial
Officer +44 (0) 1246 437 400
<ENDS>
This information is provided by RNS
The company news service from the London Stock Exchange
END
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