RNS Number : 8742F
Sabien Technology Group PLC
26 September 2024
 

26 September 2024

Sabien Technology Group plc

("Sabien" or the "Company")

 

Director/PDMR/PCA Shareholding

 

Sabien Technology Group plc (AIM:SNT), the company focused on a green aggregation strategy, has been notified that Richard Parris, Executive Chairman and CEO of Sabien, has purchased 621,500 ordinary shares of 3 pence each in the Company ("Ordinary Shares"). The price of each purchase is outlined below.

 

Following this purchase, Richard Parris holds 5,702,959 Ordinary Shares, representing approximately 24.13% of the Company's issued share capital, including shares held by Persons Closely Associated with him.

 

The following notifications, made in accordance with the requirements of the UK Market Abuse Regulation, gives further details. 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Richard Parris

2

Reason for the notification

a)

Position/status

Executive Chairman and CEO

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sabien Technology Group Plc

b)

LEI

213800S5QG1SMGHFHY68

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 3 pence each in Sabien Technology Group Plc ("Ordinary Shares") 

 

Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812 

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

8.95p

9.71p

207,000

11,500

d)

Aggregated information

- Aggregated volume

- Price

 

-       See above

-       See above

e)

Date of the transaction

24 September 2024 to 26 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mrs JK Murphy

2

Reason for the notification

a)

Position/status

PCA of Richard Parris, Executive Chairman and CEO

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sabien Technology Group Plc

b)

LEI

213800S5QG1SMGHFHY68

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 3 pence each in Sabien Technology Group Plc ("Ordinary Shares") 

 

Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812 

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

9.50p

9.71p

9.71p

50,000

140,000

13,000

d)

Aggregated information

- Aggregated volume

- Price

 

-       See above

-       See above

e)

Date of the transaction

25 September 2024 to 26 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Parris Group Ltd

2

Reason for the notification

a)

Position/status

PCA of Richard Parris, Executive Chairman and CEO

b)

 

Initial notification /Amendment

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Sabien Technology Group Plc

b)

LEI

213800S5QG1SMGHFHY68

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 3 pence each in Sabien Technology Group Plc ("Ordinary Shares") 

 

Identification code (ISIN) for Sabien Technology Group Plc ordinary shares: GB00BN6JG812 

b)

Nature of the transaction

Purchase of Ordinary Shares

 

c)

Price(s) and volume(s)

 Price(s)

Volume(s)

9.71p

200,000

d)

Aggregated information

- Aggregated volume

- Price

 

-       See above

-       See above

e)

Date of the transaction

26 September 2024

f)

Place of the transaction

London Stock Exchange, XLON

 

For Further Information:

Sabien Technology Group plc

Richard Parris, Executive Chairman                                                                  +44 20 7993 3700

Scott Fulton, Investor Relations                                                                         scott.fulton@sabien.com

 

Allenby Capital Limited (Nominated Adviser)

John Depasquale / Nick Harriss / Vivek Bhardwaj                                          +44 203 328 5656

 

Peterhouse Capital Limited (Broker)

Duncan Vasey / Lucy Williams                                                                           +44 207 469 0930

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