6th Sep 2013 11:11
LOW & BONAR PLC (the "Company")
6 September 2013
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
Further to the announcement earlier today of a placing by the Company of 29,626,000 new ordinary shares of 5 pence each (the "Announcement" and the "Placing"), the Company announces the interests of the Directors of the Company (or their connected persons) as a result of their participation in the Placing at 69p per share are as follows:
Director / PDMR | Interests in shares prior to Placing | Participation in Placing | Interest in shares following the Placing* | |
No. of shares | No. of shares | % of total issued capital* | ||
Steve Good** | 919,098 | 91,817 | 1,010,915 | 0.31% |
Martin Flower | 438,142 | 43,770 | 481,912 | 0.15% |
Mike Holt | 333,244 | 33,291 | 366,535 | 0.11% |
John Sheldrick | 70,000 | 6,993 | 76,993 | 0.02% |
Trudy Schoolenberg | 0 | 36,231 | 36,231 | 0.01% |
*Based on a total of 326,186,026 ordinary shares in issue after completion of the Placing | ||||
** Mr Good's shares are being purchased partly in the name of his spouse. | ||||
The issue of the shares in connection with the Placing is expected to take place at the times and subject to the conditions set out in the Announcement.
These transactions were notified to the Company on 6 September 2013.
Related Shares:
LWB.L