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Crimson Tide plc announced that its Founder and Chairman, Barrie Whipp, acquired 500,000 ordinary shares in the Company through his SIPP on 25 September 2023 at a price of 1.74p per share. Following this transaction, Barrie Whipp and his wife Helen jointly hold 68,310,213 ordinary shares. This represents 10.4% of Crimson Tide plc's issued share capital.
| Date | 26 Sept 2023 |
| Time | 07:00:08 |
| Category | Director/PDMR dealings |
| ID | 5917N |
("Crimson Tide" or "the Company")
Crimson Tide Plc ("the Company") was notified on 25 September 2023 of the following transaction.
Barrie Whipp, Founder and Chairman of the Company, acquired 500,000 ordinary shares in the Company through his SIPP on 25 September 2023. Following the transaction Barrie Whipp and his wife Helen hold 68,310,213 ordinary shares in the Company representing 10.4% of the Company's issued share capital.
Enquiries:
Crimson Tide plc +44 1892 542444
Barrie Whipp / Jacqueline Daniell
Cavendish Capital Markets (Nominated Adviser and Broker) +44 20 7220 0500
Corporate Finance: Julian Blunt / Dan Hodkinson
Corporate Broking: Andrew Burdis
Alma PR (Financial PR) +44 7780 901979
Josh Royston
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 |
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a) |
Name |
Barrie Whipp |
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2 |
Reason for the notification |
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a) |
Position/status |
Chairman |
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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 |
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a) |
Name |
Crimson Tide plc |
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b) |
LEI |
213800YUNLNBVYR3G129 |
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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 0.1p each
GB0002080082 |
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b) |
Nature of the transaction |
Purchase of shares |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information
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n/a |
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e) |
Date of the transaction |
25 September 2023 |
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f) |
Place of the transaction |
XLON |
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