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Director/PDMR Shareholding

29th Mar 2017 14:00

RNS Number : 9016A
Manx Telecom PLC
29 March 2017
 

29 March 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Manx Telecom plc (the "Company") announces that Gary Lamb, CEO of the Company, has informed the Company that he has sold 280,000 ordinary shares in the Company awarded to him under the 2014 Co-Investment Plan.

Following the sale, Mr Lamb retains an interest in 507,794 ordinary shares in the Company representing approximately 0.45% of the Company's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Gary Edward Lamb

 

b)

Position / status

Chief Executive Officer

c)

Initial notification / amendment

Initial Notification

2.

Details of the issuer

a)

Name

Manx Telecom plc

b)

LEI

213800X95NVTAAWYB404

3.

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

Ordinary Shares of 0.2p each

ISIN : IM00BHY3RF70

 

b)

Nature of the transaction

Sale of shares

c)

Price(s) and volume(s)

 

Price: 194.5p

 

Volume: 280,000

d)

Aggregated information

Aggregated volume Price

n/a single transaction

 

e)

Date of the transaction

28 March 2017

f)

Place of the transaction

London Stock Exchange

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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