Primorus Investments PLC
("Primorus" or the "Company")
Director/PDMR Dealing
Primorus Investments plc (AIM: PRIM) announces that it received notification on 1 December 2022 that Rupert Labrum, Executive Chairman of the Company, and Elizabeth Clark, spouse of and person closely associated to Hedley Clark, a Non-executive Director of the Company, made the following purchases of ordinary shares in the capital of the Company. Further details are set out in the Notification of Dealing Form below.
| Director / PCA | Purchase price (Aggregated) | Ordinary shares purchased | Resultant interest in ordinary shares | Resultant percentage of issued ordinary shares |
| Rupert Labrum | 2.86 pence | 1,000,000 | 30,500,000 | 21.81% |
| Elizabeth Clark* | 2.53 pence | 784,791 | 1,745,550 | 1.25% |
Following the above transaction, the aggregate holdings of Elizabeth and Hedley Clark amount to 2,256,550 ordinary shares in the Company representing 1.61 per cent. of the Company's issued share capital. The 784,791 additional shares purchased represent 0.56 per cent. of the Company's issued share capital.
This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.
For further information, please contact:
| Primorus Investments plc: | +44 (0)20 8154 7907 |
| Matthew Beardmore | |
| | |
| Nominated Adviser & Broker: | +44 (0) 20 7213 0880 |
| Cairn Financial Advisers LLP | |
| James Caithie / Sandy Jamieson | |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the persons discharging managerial responsibilities / person closely associated
| |||||||||||||||||||||||||||
| a) | Name
| Rupert Labrum | ||||||||||||||||||||||||||
| 2 | Reason for the notification
| |||||||||||||||||||||||||||
| a) | Position/Status
| Executive Chairman | ||||||||||||||||||||||||||
| b) | Initial notification/ Amendment
| Initial notification
| ||||||||||||||||||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||||||||||||||||
| a) | Name
| Primorus Investments plc | ||||||||||||||||||||||||||
| b) | LEI
| 213800XCLCY5I8O3PP36 | ||||||||||||||||||||||||||
| 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
Identification code
|
Ordinary shares of £0.002 each
GB00BKTCLJ25 | ||||||||||||||||||||||||||
| b) | Nature of the transaction | Purchase of ordinary shares
| ||||||||||||||||||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||||||||||||||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
1,000,000
2.86p | ||||||||||||||||||||||||||
| e) | Date of transaction
| 1 December 2022 | ||||||||||||||||||||||||||
| f) | Place of transaction
| London Stock Exchange | ||||||||||||||||||||||||||
| 1 | Details of the persons discharging managerial responsibilities / person closely associated
| |||||||||||||||||
| a) | Name
| Elizabeth Clark | ||||||||||||||||
| 2 | Reason for the notification
| |||||||||||||||||
| a) | Position/Status
| Wife of Non-executive Director | ||||||||||||||||
| b) | Initial notification/ Amendment
| Initial notification
| ||||||||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||||||||||||
| a) | Name
| Primorus Investments plc | ||||||||||||||||
| b) | LEI
| 213800XCLCY5I8O3PP36 | ||||||||||||||||
| 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
Identification code
|
Ordinary shares of £0.002 each
GB00BKTCLJ25 | ||||||||||||||||
| b) | Nature of the transaction | Purchase of ordinary shares
| ||||||||||||||||
| c) | Price(s) and volume(s)
|
| ||||||||||||||||
| d) | Aggregated information
- Aggregated volume
- Price
|
784,791
2.53p | ||||||||||||||||
| e) | Date of transaction
| 30 November 2022 | ||||||||||||||||
| f) | Place of transaction
| London Stock Exchange | ||||||||||||||||
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