5th May 2017 08:00
FOR IMMEDIATE RELEASE | 5 May 2017 |
Monchhichi Plc
('Monchhichi' or the 'Company')
Director Share Purchase
On 4 May 2017 Monchhichi CEO Jean-Pascal Tranié acquired 700,000 ordinary shares (c. 1.59% of the Company's issued share capital) at a price of 37p per share. This takes his holding to 1,410,000 ordinary shares representing 3.21% of the Company's issued share capital.
Commenting on yesterday's purchase Jean-Pascal Tranié said:
"I have recently successfully sold my renewable energy business and wish to devote from this point onwards substantially all of my time and energy to the ongoing development of Monchhichi. Being able to put more skin in the game at this junction is attractive for me personally and reflects my growing confidence level that over time, we can deliver a progressive and superior risk / reward profile for all stakeholders".
- Ends -
Enquiries: Panmure Gordon (Nominated Adviser and Broker) Dominic Morley
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Tel: +44 (0)20 7886 2500
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Buchanan (Financial communications) Richard Oldworth / Henry Harrison-Topham monchhichi@buchanan.uk.com |
Tel: +44 (0)20 7466 5000 www.buchanan.uk.com |
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 | Jean-Pascal Tranié | ||||
2
| Reason for the notification | |||||
a)
| Position/status
| Chief Executive | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Monchhichi Plc | ||||
b)
| LEI |
| ||||
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 in Monchhichi Plc
LSE:MCC | ||||
b)
| Nature of the transaction
| Acquisition of Ordinary Shares in Monchhichi Plc
| ||||
c)
| Price(s) and volume(s) |
| ||||
d)
| Aggregated information - Aggregated volume - Price | 700,000 ordinary shares purchased at a price of 37p per share | ||||
e)
| Date of the transaction | 2017-05-04
| ||||
f)
| Place of the transaction | London Stock Exchange | ||||
Name of authorised official of issuer responsible for making notification:
Jean-Pascal Tranié
Chief Executive Officer Monchhichi plc
Related Shares:
Monchhichi PLC