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On 25 October 2024, Nicholas Lander, a Director of Volvere plc, transferred 131,847 Ordinary Shares of 0.00001 pence each to The Nicholas Lander Discretionary Settlement for nil consideration. Following this transaction, Mr. Lander now holds 100 Ordinary Shares (0.0045% of voting rights), and The Nicholas Lander Discretionary Settlement holds 131,847 Ordinary Shares (5.9688%).
| Date | 25 Oct 2024 |
| Time | 17:05:16 |
| Category | Director/PDMR dealings |
| ID | 7498J |
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25 October 2024 |
Volvere plc
("Volvere" or the "Company")
Director's Dealings and Notification of Major Holding
Volvere plc (AIM: VLE), the growth and turnaround investment company, announces that Nicholas Lander, Director, has transferred, for nil consideration, 131,847 Ordinary Shares of 0.00001 pence each to The Nicholas Lander Discretionary Settlement ("Settlement"), a trust of which his children are beneficiaries and of which Nicholas Lander is a trustee.
Following the above transaction, Nicholas Lander and the Settlement have the following interests in Ordinary Shares:
|
Name of shareholder |
Date of transaction |
Number of Ordinary Shares held prior to this transaction |
% of voting rights held prior to this transaction |
Number of Ordinary Shares held following this transaction |
% of voting rights held following this transaction |
|
Nicholas Lander |
25 October 2024 |
131,947 |
5.9733% |
100 |
0.0045% |
|
The Nicholas Lander Discretionary Settlement |
25 October 2024 |
Nil |
Nil |
131,847 |
5.9688% |
For further information:
|
Volvere plc |
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Nicholas Lander, Co-founder & Director |
Tel: +44 (0) 1926 335700 |
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Cairn Financial Advisers LLP (Nominated Adviser) Sandy Jamieson / James Caithie
|
Tel: + 44 (0) 20 7213 0880 |
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Canaccord Genuity Limited (Joint Broker) Bobbie Hilliam / Alex Aylen |
Tel: + 44 (0) 207 523 8000 |
|
Hobart Capital Markets LLP (Joint Broker) Lee Richardson |
Tel: + 44 (0) 20 7070 5691 |
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Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
Mr Nicholas Lander |
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2 |
Reason for notification |
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a. |
Position/Status |
Director |
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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 |
Volvere plc |
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b. |
LEI |
213800GWXPMU8DUJ9G34
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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 0.00001 pence each
GB0032302688 |
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b. |
Nature of the transaction |
Transfer of 131,847 Ordinary Shares of 0.00001 pence each from Nicholas Lander to The Nicholas Lander Discretionary Settlement trust, for nil consideration. |
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c. |
Price(s) and volume(s) |
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Price(s) |
Volume(s) |
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n/a |
131,847 |
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d. |
Aggregated information
|
131,847 shares at nil cost |
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e. |
Date of the transaction |
25 October 2024 |
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f. |
Place of the transaction |
London, UK |
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- Ends -