13 March 2020
Pressure Technologies plc
("Pressure Technologies", the "Company" or the "Group")
Purchase of shares by a Director
The Board of Pressure Technologies has been informed that Sir Roy Gardner, Chairman acquired 25,000 ordinary shares in the Company on 11 March 2020, as detailed in the table below.
Director |
Total number of shares purchased |
Total number of shares now held |
Percentage of issued share capital |
Sir Roy Gardner |
25,000 |
125,000 |
0.67% |
For further information, please contact:
Pressure Technologies plc |
|
Chris Walters, Chief Executive |
Tel: 0114 257 3616 |
Joanna Allen, Chief Financial Officer |
[email protected] |
N+1 Singer (Nomad and Broker) |
Tel: 0207 496 3000 |
Mark Taylor / Lauren Kettle |
|
IFC Advisory Ltd (Financial PR and IR) |
Tel: 0203 934 6630 |
Graham Herring / Tim Metcalfe / Zach Cohen |
|
1. Details of the person discharging managerial responsibilities / person closely associated |
a) |
Name |
Sir Roy Gardner |
2 |
Reason for the notification |
a) |
Position/status |
Chairman |
b) |
Initial notification /Amendment |
Initial |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
a) |
Name |
Pressure Technologies plc |
b) |
LEI |
213800PTKN1VDP2DIN05 |
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 5 pence each GB00B1XFKR57 |
b) |
Nature of the transaction |
Purchase of ordinary shares |
c) |
Price(s) and volume(s) |
Price |
Volume |
119.55 pence |
25,000 |
d) |
Aggregated information - Aggregated volume - Price |
N/A - Single transaction |
e) |
Date of the transaction |
11 March 2020 |
f) |
Place of the transaction |
London Stock Exchange |
COMPANY DESCRIPTION
Company description - www.pressuretechnologies.com
With its head office in Sheffield, the Pressure Technologies Group was founded on its leading market position as a designer and manufacturer of high-integrity, safety-critical components and systems serving global supply chains in oil and gas, defence, industrial gases and hydrogen energy markets.
The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.
Precision Machined Components (PMC) - www.pt-pmc.com
● Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.
Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com
● Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.
