DSCV.L

discoverIE Group Plc
discoverIE Group plc - Director/PDMR Shareholdings
15th October 2024, 11:53
TwitterFacebookLinkedIn
To continue viewing RNS, please confirm that you are a Private Investor*

* A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:

  1. Obtains access to the information in a personal capacity;
  2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
  3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
  4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
  5. Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
  6. Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
RNS Number : 2824I
discoverIE Group plc
15 October 2024
 

15 October 2024

discoverIE Group plc

 

Director/PDMR Shareholdings

 

discoverIE Group plc (LSE:DSCV, the "Company"), a leading international designer and manufacturer of customised electronics to industry, announces that, on 15 October 2024, it was notified of the following purchases of ordinary shares of 5 pence each in the Company ("Ordinary Shares") by Directors of the Company:

 

Name

Ordinary shares acquired

Average price paid

Total holding

following share purchases

Percentage held

of issued share capital

Nick Jefferies

31,588

£6.331

1,303,722

1.35%

Simon Gibbins

7,822

£6.335

419,217

0.44%

Clive Watson

3,950

£6.273

31,275

0.03%

Celia Baxter

4,851

£6.183

7,642

0.01%

 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nick Jefferies

2

Reason for the notification

a)

Position / status

Group Chief Executive

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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

 

 

GB0000055888

b)

Nature of the transaction

Share acquisition

c)

Price(s) and volume(s)

 

Price

Volume

633.138 pence per share

28,571

633.5 pence per share

3,017

 

 

d)

Aggregated information

 

Price

Volume

Total

633.17 pence per share

31,588

£200,006.56

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Simon Gibbins

2

Reason for the notification

a)

Position / status

Group Finance Director

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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

 

 

GB0000055888

b)

Nature of the transaction

Share acquisition

c)

Price(s) and volume(s)

 

Price

Volume

6.335 pence per share

7,822

 

 

d)

Aggregated information

 

Price

Volume

Total

6.335 pence per share

7,822

£49,552.37

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Clive Watson

2

Reason for the notification

a)

Position / status

Non-Executive Director

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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

 

 

GB0000055888

b)

Nature of the transaction

Share acquisition

c)

Price(s) and volume(s)

 

Price

Volume

631.61 pence per share

1,865

623.5 pence per share

2,085

 

 

d)

Aggregated information

 

Price

Volume

Total

6.273 pence per share

3,950

£24,779.51

 

 

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Celia Baxter

2

Reason for the notification

a)

Position / status

Non-Executive Director

b)

Initial notification / amendment

Initial notification

3

Details of issuer

a)

Name

discoverIE Group plc

b)

LEI

213800BMDLQU1VEEAN68

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

 

 

GB0000055888

b)

Nature of the transaction

Share acquisition

c)

Price(s) and volume(s)

 

Price

Volume

618.3901 pence per share

4,366

617.7406 pence per share

485

 

 

d)

Aggregated information

 

Price

Volume

Total

6.183 pence per share

4,851

£29,994.95

 

 

 

 

e)

Date of the transaction

15 October 2024

 

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

Notes to Editors:

 

About discoverIE Group plc

 

discoverIE Group plc is an international group of businesses that design and manufacture innovative electronic components for industrial applications.

 

The Group provides application-specific components to original equipment manufacturers ("OEMs") internationally through its two divisions, Magnetics & Controls, and Sensing & Connectivity. By designing components that meet customers' unique requirements, which are then manufactured and supplied throughout the life of their production, a high level of repeating revenue is generated with long-term customer relationships.

 

With a focus on key markets driven by structural growth, increasing electronic content and sustainability, namely medical, electrification of transportation, renewable energy, security and industrial automation & connectivity, the Group aims to achieve organic growth that is well ahead of GDP and to supplement that with complementary acquisitions. The Group is committed to reducing the impact of its operations on the environment with an SBTi-aligned plan to reach net zero. With its key markets aligned with a sustainable future, the Group has been awarded an ESG "AA" rating by MSCI and is Regional (Europe) Top Rated by Sustainalytics. 

 

The Group employs c.4,500 people across 20 countries with its principal operating units located in Continental Europe, the UK, China, Sri Lanka, India and North America.

 

discoverIE is listed on the Main Market of the London Stock Exchange and is a member of the FTSE250, classified within the Electrical Components and Equipment subsector.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHKZMMGMKZGDZM]]>
TwitterFacebookLinkedIn