1st Jul 2019 14:22
1 July 2019
Synnovia plc
("Synnovia" or the "Group")
Director/PDMR Dealings
The Company announces a transfer by the trustee of the FR Family Discretionary Trust, of which Faisal Rahmatallah, Chairman of the Group, is a discretionary beneficiary. The transfer was made to the trust of which Mr Rahmatallah's wife is a discretionary beneficiary.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | R&H Trust Co (Jersey) Limited as Trustee of the FR Family Discretionary Trust | ||||
2 | Reason for the notification | |||||
a) | Position/status | The FR Family Discretionary Trust, a PCA with Faisal Rahmatallah, Chairman of the Group | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Synnovia plc | ||||
b) | LEI | 213800EN5TUVOZKU6W30 | ||||
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 1p each ISIN: GB00B289KK20 | ||||
b) | Nature of the transaction | Transfer of ordinary shares of 1p each from the FR Family Discretionary Trust | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e)
| Date of the transactions | 1 July 2019 | ||||
f)
| Place of the transactions | Off market | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | R&H Trust Co (Jersey) Limited as Trustee of the Sable Trust | ||||
2 | Reason for the notification | |||||
a) | Position/status | Sable Trust of which Jane Margaret O'Riordan, Wife of Faisal Rahmatallah, Chairman of Synnovia plc (separated, decree Nisi) is a discretionary beneficiary | ||||
b) | Initial notification /Amendment | Initial | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Synnovia plc | ||||
b) | LEI | 213800EN5TUVOZKU6W30 | ||||
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 1p each ISIN: GB00B289KK20 | ||||
b) | Nature of the transaction | Receipt of ordinary shares of 1p each from the FR Family Discretionary Trust | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information - Aggregated volume - Price |
N/A - single transaction | ||||
e)
| Date of the transactions | 1 July 2019 | ||||
f)
| Place of the transactions | Off market | ||||
For further information, please contact:
Synnovia plc | Tel: 020 7978 0574 |
Faisal Rahmatallah, Chairman | |
Nick Ball, Finance Director
| |
Cenkos Securities | Tel: 020 7397 8900 |
(Nomad and joint broker) | |
Mark Connelly | |
Callum Davidson
| |
Allenby Capital Limited | Tel: 020 3328 5656 |
(Joint broker) | |
David Hart | |
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