3rd Oct 2017 15:56
3 October 2017
Porta Communications Plc
("Porta" or the "Company" or the "Group")
Director's Shareholding
Porta Communications Plc, the AIM quoted international marketing and communications business, has been notified that Mr Rhydian Bankes, the Chief Financial Officer of the Company, has today purchased 125,000 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 3.785p per Ordinary Share.
Following this purchase, Mr Bankes is beneficially interested in 125,000 Ordinary Shares in Porta, representing 0.03 per cent. of the Company's issued share capital.
-- ends --
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
Enquiries
Porta Communications Plc
Steffan Williams, CEO
Rhydian Bankes, CFO
www.portacomms.com
+44 (0) 20 7680 6550
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett
Samantha Harrison
Daniel Bush
+44 (0) 207 383 5100
N+1 Singer (Broker)
James Maxwell
Lauren Kettle
+44 (0) 20 7496 3000
Newgate Communications (Media Enquiries)
Bob Huxford
Adam Lloyd
James Ash
+44 (0) 20 7680 6550
Notes to Editors
Porta is a fully integrated communications and marketing group with specialisms including financial, corporate and consumer public relations, public affairs and research and multi-capability marketing, brand and creative communications.
The group has offices in Abu Dhabi, Beijing, Brisbane, Bristol, Canberra, Cardiff, Edinburgh, Hong Kong, London, Manchester, Melbourne, Perth, Singapore and Sydney.
The brands and companies it owns are Newgate Communications, Redleaf Communications, Publicasity, 2112 Communications and Summit Marketing Services.
Porta Communications' corporate website is www.portacomms.com
The notifications below are made in accordance with the requirements of the EU regulation on market abuse.
Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Rhydian Nicholas Wynne Bankes
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Financial Officer | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Porta Communications Plc | |||
b)
| LEI
| 213800E2NB62KDYYOM55 | |||
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 1 pence each
ISIN: GB00B71C7K21 | |||
Identification code | |||||
| |||||
b)
| Nature of the transaction
| Acquisition of ordinary shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Price(s) | Volume(s) |
| ||
| 3.785p | 125,000 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 125,000 | ||||
- Price
-Aggregated total | 3.785p
£4,731 | ||||
e)
| Date of the transaction
| 3 October 2017 | |||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | |||
Related Shares:
PTCM.L