Supply @ME Capital PLC Director/PDMR Shareholding (4985U)
29 July 2020 - 9:18PM
UK Regulatory
TIDMSYME
RNS Number : 4985U
Supply @ME Capital PLC
29 July 2020
29 July 2020
Supply@Me Capital plc
("SYME") or (the "Company")
PDMR/PCA shareholding
Supply@Me has been notified by 1AF2 Srl ("1AF2"), which holds
23,91% of SYME shares, that it has transferred as loan security a
number of SYME shares to three lending platforms as follows
("Lenders").
- 1,615,253,000 SYME shares transferred to High West Capital Partners LLC
- 778,571,429 SYME shares transferred to Stock Loan Solutions LLC
- 3,500,000,000 SYME shares transferred to Union Pacific Capital Ltd
The shares have been transferred to secure loans (the "Loans")
to 1AF2 ("the borrower"), with a minimum two-year duration, after
which period 1AF2 confirms that it intends to repay the loans. The
Loans may be drawn in a series of tranches over one month and
Lenders may trade pledged shares to diversify their portfolio
concentration risks. Upon repayment, all 5,893,824,429 SYME shares
will be returned to the borrower.
SYME has been further informed by 1AF2 that, subject to
regulatory approvals, it will offer to invest funds from the
capital raised into the Company's inventory funding process
alongside institutions (in the Open-Funding and Self-Funding
structures) as described in the Trading Update RNS of 27 July
2020.
Mr Zamboni's 18.98% shareholding in SYME held through Orchestra
Group remains unchanged.
Alessandro Zamboni is a Director of 1AF2 and 1AF2 is therefore
considered to be closely associated with him under the Market Abuse
Regulations.
PDMR/PCA FCA Transaction Notification
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name 1AF2 Srl
------------------------------- -----------------------------------------
2. Reason for the Notification
--------------------------------------------------------------------------
a) Position/status PCA of Alessandro Zamboni, CEO of
SYME
------------------------------- -----------------------------------------
b) Initial notification/amendment Initial notification
------------------------------- -----------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------
a) Name Supply@Me Capital Plc
------------------------------- -----------------------------------------
b) LEI 213800ZY2C2TI2C5WQ61
------------------------------- -----------------------------------------
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 Ordinary shares of 0.002p each in
instrument, type of the share capital of Supply@Me Capital
instrument plc
------------------------------- -----------------------------------------
Identification code ISIN: GB00BFMDJC60
------------------------------- -----------------------------------------
b) Nature of the Transaction Pledge of shares for loan security
at market price
------------------------------- -----------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
of shares pledged 0.075 pence 1,615,253,000
0,09 pence 0.07617
pence 778,571,429
3,500,000,000
---------------
------------------------------- -----------------------------------------
d) Aggregated information None
Aggregated volume Price
------------------------------- -----------------------------------------
e) Date of the transactions 24 July 2020 (High West Capital Partners
LLC)
28 July 2020 (Stock Loan Solutions
LLC)
28 July 2020 (Union Pacific Ltd)
------------------------------- -----------------------------------------
f) Place of the transaction London Stock Exchange, UK
------------------------------- -----------------------------------------
Alessandro Zamboni, CEO, Supply@ME Capital plc
Paul Vann, Walbrook PR Limited: +44 (0)20 7933 8780
Brian Norris, Cicero/AMO, +44 (0)20 7947 5317
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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