Director/PDMR Shareholding

By

Regulatory News | 11 Oct, 2024

Updated : 10:30

RNS Number : 8931H
Kitwave Group PLC
11 October 2024
 

 

11 October 2024

Kitwave Group plc

("Kitwave", the "Group" or the "Company")

Director/PDMR Shareholding

Kitwave Group plc (AIM: KITW), the delivered wholesale business, was on 10 October 2024 notified by Chris Young and Michael Young, both PDMRs at the Company, that their shareholdings have increased following a transfer from Paul Young. Paul Young is a substantial shareholder of the Company, and the father to both Chris Young and Michael Young. The transfer was done on 10 October 2024 for zero value.

In addition to the transfers, Paul Young has made an additional transfer to another son, Dave Young, who is not connected to the Company.

Details of the transfers and the shareholdings of the relevant individuals are set out below:

Name

Position/Status

Shareholding prior to share transfers

Shareholding post share transfer

Percentage of current issued share capital

Michael Young

PDMR

606,676

2,154,888

2.68%

Olga Young

PCA of Chris Young, a PDMR

757,826

2,306,014

2.87%

Paul Young

Substantial Shareholder

8,389,192

3,841,801

4.78%

  

- Ends- 

 

For further information please contact:

 

Kitwave Group plc

Ben Maxted, Chief Executive Officer

David Brind, Chief Financial Officer

www.kitwave.co.uk  

 

Tel: +44 (0) 191 259 2277

Canaccord Genuity Limited
(Nominated Adviser and Sole Broker)

Bobbie Hilliam

 

Tel: +44 (0) 20 7523 8150

Yellow Jersey PR
(Financial media and PR)

Charles Goodwin

Shivantha Thambirajah

Bessie Elliot

Tel: +44 (0) 20 3004 9512

 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.


1

Details of the person discharging managerial responsibilities/person closely associated


a.

Name

Olga Young

 


2

Reason for notification

 


a.

Position/Status

PCA to Person discharging managerial responsibilities


b.

Initial notification/

Amendment

Initial Notification


3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor


a.

Name

Kitwave Group plc

 


b.

LEI

2138007DLCYPVY95UD40


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

Identification Code

Ordinary Shares of 10 pence each
 

GB00BNYKB709


b.

Nature of the transaction

Transfer of Ordinary Shares


 c.

Price(s) and volume(s)

Price(s)

Volume(s)

nil pence

1,548,188

 


d.

Aggregated information

- Aggregated Volume

- Price

 

N/A

 

e.

Date of the transaction

10 October 2024


f.

Place of the transaction

Off Market












 

Notification of a Transaction pursuant to Article 19(1) of the EU Market Abuse Regulation (EU) No. 596/2014 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018.

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Michael Young

 

2

Reason for notification

 

a.

Position/Status

Person discharging managerial responsibilities

b.

Initial notification/

Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a.

Name

Kitwave Group plc

 

b.

LEI

2138007DLCYPVY95UD40

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

Identification Code

Ordinary Shares of 10 pence each
 

GB00BNYKB709

b.

Nature of the transaction

Transfer of Ordinary Shares

 c.

Price(s) and volume(s)

Price(s)

Volume(s)

nil pence

1,548,212

 

d.

Aggregated information

- Aggregated Volume

- Price

 

N/A

e.

Date of the transaction

10 October 2024

f.

Place of the transaction

Off Market










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