PRES.L

Pressure Technologies Plc
PressureTechnologies - PDMR / PCA Shareholding
1st November 2024, 10:38
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RNS Number : 6394K
Pressure Technologies PLC
01 November 2024
 

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1 November 2024

 

Pressure Technologies plc

("Pressure Technologies" or "the Company" or "the Group")

 

PDMR / PCA Dealing

 

Pressure Technologies plc (AIM: PRES), the specialist engineering group, has been informed that Rockwood Strategic plc purchased 75,000 ordinary shares in the Company ("Ordinary Shares") at a price of 33.5 pence per share on 31 October 2024.

 

Following the share purchase, Rockwood Strategic plc holds 8,033,321 Ordinary Shares, equivalent to 20.78 per cent of the Company's issued share capital.

 

Rockwood Strategic plc is a person closely associated ("PCA") with Richard Staveley, Non-Executive Director of the Company. Further details on the share purchase are included below.

 

 

For further information, please contact:

  Pressure Technologies plc

  Chris Walters, Chief Executive

 

Tel: 0333 015 0710

company.secretary@pressuretechnologies.co.uk

  Singer Capital Markets (Nomad and Broker)

  Rick Thompson / Asha Chotai

Tel: 0207 496 3000

 

COMPANY DESCRIPTION

 

www.pressuretechnologies.com

 

Pressure Technologies plc is based in Sheffield and operates through its wholly subsidiary Chesterfield Special Cylinders ("CSC").  CSC is a market leading designer, manufacturer and provider of safety-critical, high-pressure containment products and services to a global customer base in the defence, hydrogen energy, oil & gas and industrial markets. For more information on CSC, please visit www.chesterfieldcylinders.com 

 

 

Notification and public disclosure of transactions by Persons Discharging Managerial Responsibilities ("PDMR") and Persons Closely Associated with them:

 

1

 

Details of the Person Discharging Managerial Responsibilities / Person Closely Associated

 

a)

 

Name

 

Rockwood Strategic plc

2

 

Reason for the notification

a)

 

Position/status

Person Closely Associated with Richard Staveley (Director and PDMR of the Company)

b)

 

Initial notification /Amendment

Initial Notification

 

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

Ordinary Shares



Identification code

GB00B1XFKR57



b)

Nature of the transaction

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

Price: 33.5 pence

Volume: 75,000

 

d)

 

Aggregated information

N/A

e)

 

Date of the transaction

31 October 2024

f)

 

Place of the transaction

AIM, London Stock Exchange

 

 

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