17th Jan 2020 07:00
Notification and public disclosure of transactions by persons discharging managerial responsibilities
The attached individual notifications made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the issue of new Ordinary shares in Ocean Outdoor Limited (the "Company") to persons discharging managerial responsibilities ("PDMR") as a result of the automatic re-designation of Founder Preferred Shares into Ordinary shares in accordance with the Company's articles of association.
The following directors have obtained an interest in the number of shares in the Company as set out in each of the notifications below.
This announcement is made in accordance with article 19.3 of MAR.
Notification and public disclosure of transactions by persons discharging managerial responsibilities
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Andrew M. Barron | ||||
2
| Reason for the notification | |||||
a)
| Position/status | Non-Executive Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Ocean Outdoor Limited | ||||
b)
| LEI
| 2138008YIB9PP7J64M75 | ||||
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 no par value
VGG6702A1084 | ||||
b)
| Nature of the transaction
| Automatic re-designation of Founder Preferred Shares into Ordinary shares on a one-for-one basis in accordance with the Company's articles of association
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
18,375
Nil | ||||
e)
| Date of the transaction
| 15/01/2020 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Notification and public disclosure of transactions by persons discharging managerial responsibilities
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| Aryeh B. Bourkoff
| ||||
2
| Reason for the notification | |||||
a)
| Position/status | Non-Executive Director of Ocean Outdoor Limited, who exercises managerial control over LionTree Ocelot LLC | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a)
| Name
| Ocean Outdoor Limited | ||||
b)
| LEI
| 2138008YIB9PP7J64M75 | ||||
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 no par value
VGG6702A1084 | ||||
b)
| Nature of the transaction
| Automatic re-designation of LionTree Ocelot LLC's Founder Preferred Shares into Ordinary shares on a one-for-one basis in accordance with the Company's articles of association.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
49,875
Nil | ||||
e)
| Date of the transaction
| 15/01/2020 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Related Shares:
OOUT.L