RNS Number : 6485X
Modern Water PLC
01 May 2019
1 May 2019
Modern Water plc
("Modern Water" or "the Company")
Director/PDMR Shareholding
Notification and public disclosure of transactions by persons discharging managerial
responsibilities and persons closely associated with them
1Details of the person discharging managerial responsibilities / person closely associated
a) | Name | Simon Humphrey | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | Executive Director | |||||||
b) | Initial notification / amendment | Initial notification | |||||||
3 | Details of the issuer, emission allowance market participant, | ||||||||
auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Modern Water plc | |||||||
b) | LEI | 213800MTSDJQ13UBC211 | |||||||
4 | Details of the transaction(s): section to be repeated for (i) each | ||||||||
type of instrument; (ii) each type of transaction; (iii) each date; | |||||||||
(iv) each place where transactions have been conducted | |||||||||
a) | Description | of | financial | Ordinary shares of 0.25pence each | |||||
instrument, | |||||||||
type of instrument | |||||||||
Identification Code | GB00B1XF5X66 | ||||||||
b) | Nature of the transaction | Grant of options | |||||||
c) | Price(s) and volume(s) | - | £nil | ||||||
- | 400,000 | ||||||||
d) | Aggregated information | ||||||||
- | Aggregated volume | - | 400,000 | ||||||
- | Price | - | £nil | ||||||
e) | Date of the transaction | 26 April 2019 | |||||||
f) | Place of the transaction | London | |||||||
1 | Details of the person discharging managerial responsibilities / | ||||||||
person closely associated | |||||||||
a) | Name | Doug Workman | |||||||
2 | Reason for the notification | ||||||||
a) | Position / status | President, Monitoring Division | |||||||
b) | Initial notification / amendment | Initial notification | |||||||
3 | Details of the issuer, emission | allowance market participant, | |||||||
auction platform, auctioneer or auction monitor | |||||||||
a) | Name | Modern Water plc | |||||||
b) | LEI | 213800MTSDJQ13UBC211 | |||||||
4 | Details of the transaction(s): | section to be repeated for (i) | |||||||
each type of instrument; (ii) each type of transaction; (iii) | |||||||||
each date; (iv) each place where transactions have been | |||||||||
conducted | |||||||||
a) | Description | of | financial | Ordinary shares of 0.25pence | |||||
instrument, | each | ||||||||
type of instrument | |||||||||
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Identification Code | GB00B1XF5X66 | |||||||
b) | Nature of the transaction | Grant of options | ||||||
c) | Price(s) and volume(s) | - | £nil | |||||
- | 200,000 | |||||||
d) | Aggregated information | |||||||
- | Aggregated volume | - | 200,000 | |||||
- | Price | - | £nil | |||||
e) | Date of the transaction | 26 April 2019 | ||||||
f) | Place of the transaction | London | ||||||
1 | Details of the person discharging managerial responsibilities / | |||||||
person closely associated | ||||||||
a) | Name | Toby Schumacher | ||||||
2 | Reason for the notification | |||||||
a) | Position / status | General | Counsel | & | Company | |||
Secretary | ||||||||
b) | Initial notification / amendment | Initial notification | ||||||
3 | Details of the issuer, emission | allowance market participant, | ||||||
auction platform, auctioneer or auction monitor | ||||||||
a) | Name | Modern Water plc | ||||||
b) | LEI | 213800MTSDJQ13UBC211 | ||||||
4 | Details of the transaction(s): | section to be repeated for (i) | ||||||
each type of instrument; (ii) each type of transaction; (iii) | ||||||||
each date; (iv) each place where transactions have been | ||||||||
conducted | ||||||||
a) | Description | of | financial | Ordinary | shares | of | 0.25pence | |
instrument, | each | |||||||
type of instrument | ||||||||
Identification Code | GB00B1XF5X66 | |||||||
b) | Nature of the transaction | Grant of options | ||||||
c) | Price(s) and volume(s) | - | £nil | |||||
- | 300,000 | |||||||
d) | Aggregated information | |||||||
- | Aggregated volume | - | 300,000 | |||||
- | Price | - | £nil | |||||
e) | Date of the transaction | 26 April 2019 | ||||||
f) | Place of the transaction | London |
For further information please contact: | |
Modern Water plc | +44 (0)1483 696 000 |
Simon Humphrey, Chief Executive | |
Cairn Financial Advisers LLP (Nominated | +44 (0) 207 213 0880 |
Adviser) | |
Sandy Jamieson / Tony Rawlinson | |
Ludovico Lazzaretti | +44 (0) 20 3621 4120 |
Turner Pope Investments (Broker) | |
Andy Thacker |
Notes to Editors:
About Modern Water
Modern Water is a pioneering and innovative technology company, specialising in membrane water treatment solutions and advanced monitoring products. The Company works for customers in a range of industries across the globe and owns proprietary technologies for use in a diverse range of applications. Modern Water's Monitoring Division has a portfolio of world-leading toxicity and trace metal monitoring products, some of which constitute the regulatory standard. The headline technology of the Company's Membrane Division, called "AMBC", can be used to tackle complex wastewater treatment problems at a reduced cost compared to standard processes, while being simple to operate.
www.modernwater.com
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Modern Water plc published this content on 01 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 May 2019 06:22:05 UTC