Volution Group plc Director/PDMR Shareholding (5351O)
08 November 2016 - 3:12AM
UK Regulatory
TIDMFAN
RNS Number : 5351O
Volution Group plc
07 November 2016
7 November 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 markets, announces today that on 7 November 2016 it
received notification that Tony Reading, Senior Independent
Non-Executive Director of the Company, purchased 10,000 ordinary
shares of 1 pence each at a price of 145.94 pence per share on 7
November 2016. The transaction took place in London.
As a result of this notification, Tony Reading has a beneficial
shareholding in the Company of 70,000 ordinary shares, which
represents 0.035% 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 Tony Reading
--- ------------------------- --------------------------------------
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)
-------------- ----------
145.94 pence
per share 10,000
-------------- ----------
--- ------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume Not applicable, single transaction.
- Price
--- ------------------------- --------------------------------------
e) Date of the transaction 7 November 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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