28th Dec 2017 10:18
28 December 2017
Masawara Plc("Masawara", the "Company" or the "Group")
Director/PDMR Shareholding
Further to Notification of Substantial Transaction in Shares announcement released on 27 December 2017, the Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Oxford Holdings Limited | |||
2 | Reason for the notification | ||||
a) | Position/status | Person closely associated with Shingai Mutasa, Non-Executive Director. Company owned and controlled by Mr Mutasa. | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Masawara plc | |||
b) | LEI | 213800A91YU176AM4C89 | |||
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 | Ordinary shares of $0.01 each | |||
Identification code | JE00B42XFD25 | ||||
b) | Nature of the transaction | Purchase of ordinary shares of $0.01 each | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
30 pence | 50,760,456 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 50,760,456 | ||||
- Price | £15,228,136.80 | ||||
e)
| Date of the transaction
| 27 December 2017 | |||
f)
| Place of the transaction
| XLON | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Oxford Holdings Limited | |||
2 | Reason for the notification | ||||
a) | Position/status | Person closely associated with Shingai Mutasa, Non-Executive Director. Company owned and controlled by Mr Mutasa | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Masawara plc | |||
b) | LEI | 213800A91YU176AM4C89 | |||
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 | Ordinary shares of $0.01 each | |||
Identification code | JE00B42XFD25 | ||||
b) | Nature of the transaction | Pledge of ordinary shares of $0.01 each as security for financing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
- | 50,760,456 | ||||
d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 28 December 2017 | |||
f)
| Place of the transaction
| Outside trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | FMI Holdings (Private) Limited | |||
2 | Reason for the notification | ||||
a) | Position/status | Person closely associated with Shingai Mutasa, 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 | Masawara plc | |||
b) | LEI | 213800A91YU176AM4C89 | |||
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 | Ordinary shares of $0.01 each | |||
Identification code | JE00B42XFD25 | ||||
b) | Nature of the transaction | Pledge of ordinary shares of $0.01 each as security for financing | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
- | 54,481,488 | ||||
d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 28 December 2017 | |||
f)
| Place of the transaction
| Outside trading venue | |||
Related Shares:
Masawara