t
| Date | 17 Mar 2023 |
| Time | 16:37:37 |
| Category | Director/PDMR dealings |
| ID | 4206T |
17 March 2023
Velocity Composites plc
("Velocity" or the "Company")
PDMR Shareholding
Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market, announces that on 15 March 2023, Jeffrey Armitage, a PDMR of the Company sold 55,059 ordinary shares of 0.25 pence each ("Ordinary Shares") at a price of 34 pence per Ordinary Share.
Following this transaction, Jeffrey Armitage has no beneficial holding in the Ordinary Shares of the Company.
Enquiries:
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Velocity Composites plc Andy Beaden, Chairman Jon Bridges, Chief Executive Officer
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+44 (0) 1282 577577 |
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Cenkos Securities plc Nominated Adviser and Broker Katy Birkin Ben Jeynes George Lawson
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+44 (0) 20 7397 4000 |
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SEC Newgate Financial PR Robin Tozer George Esmond Harry Handyside
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+44 (0)7540 106 366 |
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 |
Jeffrey Armitage |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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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 |
Velocity Composites plc |
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b) |
LEI |
213800W4W46J8HGZP672 |
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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 |
Ordinary shares of 0.25p each |
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Identification code |
GB00BF339H01 |
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b) |
Nature of the transaction |
Sale of Ordinary Shares |
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c) |
Price(s) and volumes(s) |
Price(s) |
Volume(s) |
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£0.34 |
55,059 |
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d) |
Aggregated information |
N/A single transaction |
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Aggregated volume |
N/A single transaction |
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Price |
N/A single transaction |
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e) |
Date of the transaction |
15 March 2023 |
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f) |
Place of the transaction |
XOFF |
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