Volution Group plc Director/PDMR Shareholding (6222M)
15 October 2016 - 2:41AM
UK Regulatory
TIDMFAN
RNS Number : 6222M
Volution Group plc
14 October 2016
14 October 2016
Volution Group plc
Director Shareholding
Volution Group plc (the "Company", LSE: FAN) a leading supplier
of ventilation products to the residential and commercial
construction market, announces today that on 14 October 2016 it
received notification that Claire Tiney, Independent Non-Executive
Director of the Company, purchased 2,869 ordinary shares of 1 pence
each at a price of 174.75 pence per share on 14 October 2016. The
transaction took place in London.
As a result of this notification, Claire Tiney holds 2,869
ordinary shares in the Company, which represents 0.001% of the
Company's issued share capital.
The following notification, made pursuant to Article 19(3) of
the Market Abuse Regulation, provides further details.
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 Claire Tiney
--- ------------------------- --------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Non-Executive Director
--- ------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- --------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Volution Group 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
the financial each
instrument, type
of instrument
ISIN: GB00BN3ZZ526
Identification
code
--- ------------------------- --------------------------------------
b) Nature of the Purchase of ordinary shares
transaction
--- ------------------------- --------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
-------------- ----------
174.75 pence
per share 2,869
-------------- ----------
--- ------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume Not applicable, single transaction.
- Price
--- ------------------------- --------------------------------------
e) Date of the transaction 14 October 2016
--- ------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, Main
Market (XLON)
--- ------------------------- --------------------------------------
- ends -
Enquiries:
Volution Group plc
Michael Anscombe, Company Secretary +44 (0) 1293 441662
Notes to Editors:
Volution Group plc (LSE: FAN) is a leading supplier of
ventilation products to the residential and commercial construction
markets in the UK and northern Europe.
The Group sold approximately 22 million ventilation products and
accessories in the twelve months ended 31 July 2016. The Volution
Group operates through two divisions: the Ventilation Group and the
OEM (Torin-Sifan) division. The Ventilation Group consists of 11
key brands - Vent-Axia, Manrose, Diffusion, National Ventilation,
Airtech, Fresh, PAX, Welair, inVENTer, Brüggemann and Ventilair,
focused primarily on the UK, Nordic and central European
ventilation markets. The Ventilation Group principally supplies
ventilation products for residential and commercial ventilation
applications. The OEM (Torin-Sifan) division, supplies motors, fans
and blowers to OEMs of heating and ventilation products for both
residential and commercial construction applications in Europe.
For more information, please go to:
http://www.volutiongroupplc.com/
This information is provided by RNS
The company news service from the London Stock Exchange
END
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