CityFibre Infrastructure Hldgs PLC Director/PDMR Shareholdings (1419M)
10 October 2016 - 11:40PM
UK Regulatory
TIDMCITY
RNS Number : 1419M
CityFibre Infrastructure Hldgs PLC
10 October 2016
For immediate release 10 October 2016
CITYFIBRE INFRASTRUCTURE HOLDINGS PLC
('CityFibre' or the 'Group' or the 'Company')
Director/PDMR Shareholdings
CityFibre (AIM: CITY), a leading designer, builder, owner, and
operator of fibre optic infrastructure in UK towns and cities, was
informed on 10 October 2016 of the sales of ordinary shares of 1
pence each in the Group ("Ordinary Shares") by the following
Company Directors:
Gary Mesch, Non-Executive Director, sold 1,080,000 Ordinary
Shares on 10 October 2016 at an average price of 60 pence per
Ordinary Share;
Greg Mesch, Group Chief Executive and an Executive Director,
sold 210,000 Ordinary Shares on 10 October 2016 at an average price
of 60 pence per Ordinary Share, and;
Mark Collins, Group Director of Strategy and Public Affairs and
an Executive Director, sold 210,000 Ordinary Shares on 10 October
2016 at an average price of 60 pence per Ordinary Share.
Following these transactions, the Directors retain the following
beneficial interests in the share capital of the Group:
Names and positions Number of Percentage Number of
of Directors Ordinary of total Issued options over
Shares held share capital Ordinary Shares
of Ordinary held
Shares held
---------------------- -------------- ------------------ ------------------
Gary Mesch 1,166,831 0.44% 231,781
---------------------- -------------- ------------------ ------------------
Greg Mesch 572,803 0.22% 5,742,576
---------------------- -------------- ------------------ ------------------
Mark Collins 162,987 0.06% 1,764,342
---------------------- -------------- ------------------ ------------------
Greg Mesch and Mark Collins executed their Ordinary Share sales
in order to repay personal obligations incurred in relation to the
formation of the Group. Gary Mesch is a founding investor in
CityFibre dating back to 2011, and remains committed to its
long-term growth prospects. The Ordinary Shares sold were placed
with existing institutional shareholders.
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) Names Gary Mesch - Non-Executive Director
Greg Mesch - Chief Executive Officer
Mark Collins - Group Director of Strategy
and Public Affairs and an Executive Director
---- -------------------------- -----------------------------------------------
2. Reason for the Notification
---- ---------------------------------------------------------------------------
a) Position/status See 1(a) above for positions - all classified
as PDMRs of the Company
---- -------------------------- -----------------------------------------------
b) Initial notification/ Initial Notification
Amendment
---- -------------------------- -----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
---- ---------------------------------------------------------------------------
a) Name CityFibre Infrastructure Holdings PLC
---- -------------------------- -----------------------------------------------
b) LEI n/a
---- -------------------------- -----------------------------------------------
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 1 pence each
the Financial
instrument, type
of instrument
----
Identification GB00BH581H10
code
---- -------------------------- -----------------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
---- -------------------------- -----------------------------------------------
c) Price(s) and Price: 60 pence
volume(s) Volumes(s):
Gary Mesch - 1,080,000 Ordinary Shares
Greg Mesch - 210,000 Ordinary Shares
Mark Collins - 210,000 Ordinary Shares
---- -------------------------- -----------------------------------------------
d) Aggregated information: n/a
* Aggregated volume Gary Mesch - 1,080,000 Ordinary Shares
at 60 pence per Ordinary Share
Greg Mesch - 210,000 Ordinary Shares at
* Price 60 pence per Ordinary Share
Mark Collins - 210,000 Ordinary Shares
at 60 pence per Ordinary Share
---- -------------------------- -----------------------------------------------
e) Date of the transaction 10 October 2016
---- -------------------------- -----------------------------------------------
f) Place of the London Stock Exchange, AIM Market (XLON)
transaction
---- -------------------------- -----------------------------------------------
The information communicated in this announcement is inside
information for the purposes of Article 7 of Regulation
596/2014.
For further information, please contact:
CityFibre Infrastructure Holdings www.cityfibre.com
plc
Greg Mesch, Chief Executive Officer Tel: 0845 293
0774
Terry Hart, Chief Financial Officer
James Enck, Head of Investor Relations Tel: 0333 150
6283
finnCap (Nomad and Joint Broker) www.finncap.com
Stuart Andrews / Christopher Raggett Tel: 020 7220
(Corporate Finance) 0500
Simon Johnson (Corporate Broking)
Liberum (Joint Broker) www.liberum.com
Steve Pearce / Steven Tredget / Tel: 020 3100
Richard Bootle 2000
Vigo Communications www.vigocomms.com
Jeremy Garcia / Fiona Henson Tel: 020 7830
9700
About CityFibre:
CityFibre is the national builder of Gigabit Cities, as the UK's
largest alternative provider of wholesale fibre network
infrastructure. It has major metro duct and fibre footprints in 40
cities across the UK and a national long distance network that
connects these cities to major data-centres across the UK and to
key peering points in London.
The company has an extensive customer base spanning service
integrators, enterprise and consumer service providers and mobile
operators. Providing a portfolio of active and dark fibre services,
CityFibre's networks address 28,000 public sites, 7,800 mobile
masts, 280,000 businesses and 4 million homes.
CityFibre is based in London, United Kingdom, and its shares
trade on the AIM Market of the London Stock Exchange (AIM: CITY).
Further information on the company can be found at
www.cityfibre.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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