30th Mar 2015 16:28
PRODUCE INVESTMENTS PLC
("Produce," "Company" or the "Group")
DIRECTOR DEALINGS
The Company announces that it has been informed that the following transactions took place today:
The wife of Mr Angus Armstrong, Chief Executive Officer of the Company, purchased 25,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at a price of £1.315 per Ordinary Share.
Mr Brian Macdonald, Finance Director of the Company, exercised 25,000 options over Ordinary Shares, all at an exercise price of 1 pence per share. The options exercised were all under the Company's Senior Executives LTIP plan (the "Exercise"). Following the Exercise, Mr Macdonald transferred 25,000 Ordinary Shares to his wife for nil consideration.
Following the above transactions, Mr Armstrong's and Mr Macdonald's beneficial interests in Ordinary Shares are as follows:
Number of Ordinary Shares | % of current issued share capital | |
Mr Armstrong, Chief Executive Officer | 383,790 | 1.4% |
Mr Macdonald, Finance Director | 100,000 | 0.4% |
For further information contact:
Produce Investments plc |
|
Brian Macdonald | 01890 819503 |
|
|
Shore Capital & Corporate Limited (Nomad) |
|
Stephane Auton / Patrick Castle | 020 7408 4090 |
|
|
Powerscourt |
|
Nick Dibden / Sophie Moate / Samantha Trillwood | 020 7250 1446 |
Notes to Editors
The Group is a vertically integrated company supplying blue chip customers such as Tesco, Sainsbury, Asda, Waitrose and Marks & Spencer with potatoes and daffodils.
Website: www.produceinvestments.co.uk
Related Shares:
Produce Investments