Van Elle Holdings PLC Director/PDMR Shareholding (3142C)
07 February 2020 - 6:01PM
UK Regulatory
TIDMVANL
RNS Number : 3142C
Van Elle Holdings PLC
07 February 2020
7 Feburary 2020
Van Elle Holdings plc
('Van Elle', the 'Group' or the 'Company')
Director PDMR Shareholdings
Van Elle Holdings plc (AIM:VANL) announces that it has been
notified of the following transaction in ordinary shares of 2 pence
each in the Company ("Ordinary Shares").
Mr Mark Cutler, Chief Executive Officer, purchased 55,603
Ordinary Shares in the Company, at a price of 50.0 pence per share.
Following this transaction, Mr Cutler has an interest in 192,767
Ordinary Shares, representing 0.24 per cent. of the issued share
capital.
Mr Michael Mason, Group Services Director and a PDMR of the
Company, has sold 4,186,961 Ordinary Shares. Following this
transaction, Mr Mason does not have an interest in Ordinary
Shares.
The information below (set out in accordance with the
requirements of EU Market Abuse Regulation) provides further
detail:
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Mark Cutler
------------------------------ --------------------------------
2. Reason for the notification
----------------------------------------------------------------
a. Position/status Chief Executive Officer
------------------------------ --------------------------------
b. Initial notification Initial notification
/Amendment
------------------------------ --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a. Name Van Elle Holdings plc
------------------------------ --------------------------------
b. LEI 213800LQC6YL8KJT1Y18
------------------------------ --------------------------------
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 GBP0.02 each
the
Financial instrument,
type of instrument
ISIN: GB00BYX4TP46
Identification
code
------------------------------ --------------------------------
b. Nature of the
transaction Purchase of ordinary shares
------------------------------ --------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) 50.0p 55,603
----------
------------------------------ --------------------------------
d. Aggregated information
* Aggregated volume
n/a
* Price
------------------------------ --------------------------------
e. Date of the transaction 6 February 2020
------------------------------ --------------------------------
f. Place of the London Stock Exchange, AIM
transaction
------------------------------ --------------------------------
1. Details of the person discharging managerial responsibilities
/ person closely associated
a. Name Mick Mason
------------------------------ --------------------------------
2. Reason for the notification
----------------------------------------------------------------
a. Position/status Group Services Director
------------------------------ --------------------------------
b. Initial notification Initial notification
/Amendment
------------------------------ --------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------
a. Name Van Elle Holdings plc
------------------------------ --------------------------------
b. LEI 213800LQC6YL8KJT1Y18
------------------------------ --------------------------------
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 GBP0.02 each
the
Financial instrument,
type of instrument
ISIN: GB00BYX4TP46
Identification
code
------------------------------ --------------------------------
b. Nature of the
transaction Sale of ordinary shares
------------------------------ --------------------------------
c. Price(s) and Price(s) Volume(s)
volume(s) 50.0p 4,186,961
----------
------------------------------ --------------------------------
d. Aggregated information
* Aggregated volume
n/a
* Price
------------------------------ --------------------------------
e. Date of the transaction 6 February 2020
------------------------------ --------------------------------
f. Place of the London Stock Exchange, AIM
transaction
------------------------------ --------------------------------
Enquiries:
Van Elle Holdings plc
Adrian Barden Tel: 01773 580 580
Instinctif Partners (Financial Public Tel: 020 7457 2020
Relations)
Mark Garraway
James Gray
Rosie Driscoll
Peel Hunt LLP (Nominated Adviser and Tel: 020 7418 8900
Corporate Broker)
Mike Bell
Edward Allsopp
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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