14th Mar 2014 09:43
NOTIFICATION OF INTERESTS OF PDMR AND CONNECTED PERSONS
On 13 March 2014 Xchanging plc was notified by David Bauernfeind of the below transactions, which resulted in an increase in his total shareholding.
1 | Name of Company | Xchanging plc |
2 | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with section 793 of the Companies Act 2006, or (iii) in accordance with paragraph 26 of the Model Code | This announcement is made in accordance with DTR 3.1.2R |
3 | Name of PDMR | David Gregory Bauernfeind |
4 | Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 or in respect of a non-beneficial interest. | Notification is in respect of holdings by PDMR and Connected Person |
5 | Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them (if notified). | David Gregory Bauernfeind; Nicolette Julia Bauernfeind (Connected Person) |
6 | Please state the nature of the transaction. For PEP transactions please indicate whether general/single co PEP and if discretionary/non discretionary. | Sale of 50,000 shares by Nicolette Bauernfeind; and Purchase of 60,518 shares by David Bauernfeind |
7 | Number of shares purchased by PDMR | 60,518 |
8 | Percentage of issued class | 0.025% |
9 | Number of shares disposed by Connected Person | 50,000 |
10 | Percentage of issued class | 0.021% |
11 | Class of security | Ordinary Shares of £0.05 each |
12 | Price per share | £1.64 |
13 | Date of transaction | 13 March 2014 |
14 | Date company informed | 13 March 2014 |
15 | Total holding following this notification | 350,000 (which is consists of 244,115 shares held by PDMR and 105,885 shares held by Connected Persons). This represents a net increase of 10,518 shares. |
16 | Total percentage holding of issued class following this notification | 0.144% |
17 | Name of contact and telephone number for queries | Anna Myburgh, 020 3604 5001 |
18 | Name and signature of authorised company official responsible for making this notification | Anna Myburgh, Assistant Group Company Secretary |
Related Shares:
XCH.L