Ocean Outdoor Limited Director/PDMR Shareholding (9886Y)
20 January 2022 - 12:23AM
UK Regulatory
TIDMOOUT
RNS Number : 9886Y
Ocean Outdoor Limited
19 January 2022
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
The attached individual notifications made under article 19.1 of
the Market Abuse Regulation ("MAR") relate to the issue of new
Ordinary shares in Ocean Outdoor Limited (the "Company") to persons
discharging managerial responsibilities ("PDMR") as a result of the
automatic re-designation of Founder Preferred Shares into Ordinary
shares in accordance with the Company's articles of
association.
The following directors have obtained an interest in the number
of shares in the Company as set out in each of the notifications
below.
This announcement is made in accordance with article 19.3 of
MAR.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Andrew M. Barron
-------------------------- --------------------------------------------
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 Ocean Outdoor Limited
-------------------------- --------------------------------------------
b) LEI 2138008YIB9PP7J64M75
-------------------------- --------------------------------------------
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, Ordinary shares of no par value
type of instrument
Identification code VGG6702A1084
-------------------------- --------------------------------------------
b) Nature of the transaction Automatic re-designation of Founder
Preferred Shares into Ordinary shares
on a one-for-one basis in accordance
with the Company's articles of association
-------------------------- --------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 18,375
----------
-------------------------- --------------------------------------------
d) Aggregated information
- Aggregated volume 18,375
- Price Nil
-------------------------- --------------------------------------------
e) Date of the transaction 17/01/2022
-------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- --------------------------------------------
Notification and public disclosure of transactions by persons
discharging managerial responsibilities
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name LionTree Ocelot LLC
-------------------------- ----------------------------------------
2 Reason for the notification
--------------------------------------------------------------------
a) Position/status Aryeh Bourkoff, Chairman of Ocean
Outdoor Limited, exercises managerial
control over LionTree Ocelot LLC
-------------------------- ----------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------
a) Name Ocean Outdoor Limited
-------------------------- ----------------------------------------
b) LEI 2138008YIB9PP7J64M75
-------------------------- ----------------------------------------
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, Ordinary shares of no par value
type of instrument
Identification code VGG6702A1084
-------------------------- ----------------------------------------
b) Nature of the transaction Automatic re-designation of LionTree
Ocelot LLC's Founder Preferred Shares
into Ordinary shares on a one-for-one
basis in accordance with the Company's
articles of association.
-------------------------- ----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 49,875
----------
-------------------------- ----------------------------------------
d) Aggregated information
- Aggregated volume 49,875
- Price Nil
-------------------------- ----------------------------------------
e) Date of the transaction 17/01/2022
-------------------------- ----------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------- ----------------------------------------
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END
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