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Newmark Security plc announced an amendment to a director dealing notification, clarifying that Chairman Maurice Dwek's share transfer was at 55p per Ordinary Share. On February 16, 2023, Mr. Dwek transferred 1,855,989 ordinary shares from Arbury Inc into his own name. This transaction maintained his beneficial interest at 1,855,989 Ordinary Shares, representing 19.8% of the company's total issued share capital.
| Date | 20 Feb 2023 |
| Time | 15:44:28 |
| Category | Director/PDMR dealings |
| ID | 4858Q |
The following amendment has been made to the Director dealing announcement released on 20 February 2023 at 14:25, RNS Number: 4800Q. The correction relates to the purchase price which should have been 55p per Ordinary Share, all other details remain unchanged.
20 February 2023
Newmark Security plc
("Newmark", the "Company" or the "Group")
Director dealing
Newmark Security plc (AIM: NWT), a leading provider of electronic and physical security systems, announces that it has today been notified by Maurice Dwek, Chairman of the Company, that, on 16 February 2023, he transferred 1,855,989 ordinary shares of 5p each in the Company ("Ordinary Share") that he was beneficially interested and registered in the name of Arbury Inc into his own name at a price of 55p per Ordinary Share. As a result of this transfer, Mr Dwek's beneficial interest in the share capital of the Company remains unchanged at 1,855,989 Ordinary Shares, representing 19.8% of the Company's total issued share capital.
The notification below, which has been made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Maurice Dwek |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chairman |
|
b)
|
Initial notification /Amendment |
Initial notification |
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3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
|
a) |
Name |
Newmark Security plc |
|
b) |
LEI |
213800CL2XGDB1YCLM67 |
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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 |
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|
a)
|
Description of the financial instrument, type of instrument
Identification code |
Ordinary shares of 1p each in Newmark Security plc
Identification code (ISIN) for Newmark Security plc ordinary shares: GB0006596406 |
|
b) |
Nature of the transaction |
Transfer of shares |
|
c) |
Price(s) and volume(s) |
55p 1,855,989 shares |
|
d) |
Aggregated information - Aggregated volume - Price |
n/a
|
|
e) |
Date of the transaction |
16/02/23 |
|
f) |
Place of the transaction |
London Stock Exchange, (XLON) |
For further information:
|
Newmark Security Plc Marie-Claire Dwek, Chief Executive Officer |
Tel: +44 (0) 20 7355 0070
|
|
Allenby Capital Limited (Nominated Adviser and Broker) |
Tel: +44 (0) 20 3328 5656 |
|
James Reeve / Lauren Wright (Corporate Finance) Amrit Nahal (Sales & Broking) |
|
About Newmark Security plc
Newmark is a leading provider of electronic, software and physical security systems that helps organisations protect human capital and provide safe spaces seamlessly and securely.
From our locations in the UK and US, we operate through subsidiary businesses positioned in specialist, high-growth markets.
We foster an open and inclusive work environment amongst our c.100 employees, serving hundreds of blue-chip customers.
Our product portfolio consists of Human Capital Management and Access Control Systems providing both hardware and software and physical security installations to various sectors.
Newmark Security plc is admitted to trading on AIM (AIM: NWT).
For more information, please visit: https://newmarksecurity.com/