3 May 2018
Modern Water plc
("Modern Water" or "the Company")
�
Director/PDMR Shareholding
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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 |
Doug Workman � |
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2 |
Reason for the notification |
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a) |
Position / status |
President, Monitoring Division |
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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 |
Modern Water plc � |
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b) |
LEI � |
213800MTSDJQ13UBC211 � |
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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; (iv) each place where transactions have been conducted� |
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a) |
Description of financial instrument, type of instrument |
Ordinary shares of 0.25pence each |
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Identification Code � |
GB00B1XF5X66 |
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b) |
Nature of the transaction |
Grant of options |
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c) |
Price(s) and volume(s) � |
-���� �nil -���� 200,000 |
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d) |
Aggregated information -����� Aggregated volume �-����� Price � |
� -���� 200,000 -���� �nil |
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e) |
Date of the transaction � |
3 May 2018 � |
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f) |
Place of the transaction� |
London |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Stephen Heaps � |
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2 |
Reason for the notification |
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a) |
Position / status |
Finance 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 |
Modern Water plc � |
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b) |
LEI � |
213800MTSDJQ13UBC211 � |
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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; (iv) each place where transactions have been conducted� |
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a) |
Description of financial instrument, type of instrument |
Ordinary shares of 0.25pence each |
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Identification Code � |
GB00B1XF5X66 |
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b) |
Nature of the transaction |
Grant of options |
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c) |
Price(s) and volume(s)
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- £nil - 300,000 |
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d) |
Aggregated information - Aggregated volume - Price
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- 300,000 - £nil |
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e) |
Date of the transaction
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3 May 2018
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f) |
Place of the transaction |
London |
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1 |
Details of the person discharging managerial responsibilities / person closely associated |
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a) |
Name |
Toby Schumacher |
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2 |
Reason for the notification |
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a) |
Position / status |
General Counsel & Company Secretary |
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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 |
Modern Water plc
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b) |
LEI
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213800MTSDJQ13UBC211 |
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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; (iv) each place where transactions have been conducted |
|
|
a) |
Description of financial instrument, type of instrument |
Ordinary shares of 0.25pence each |
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Identification Code
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GB00B1XF5X66 |
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b) |
Nature of the transaction |
Grant of options |
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c) |
Price(s) and volume(s)
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- £nil - 300,000 |
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d) |
Aggregated information - Aggregated volume - Price
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- 300,000 - £nil |
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e) |
Date of the transaction
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3 May 2018 |
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f) |
Place of the transaction |
London |
For further information please contact:
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Modern Water plc |
+44 (0)1483 696 000 |
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Simon Humphrey, Chief Executive |
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W H Ireland (Nominated Adviser and Broker) |
+44 (0)207 220 1666 |
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Chris Fielding James Sinclair-Ford |
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Tavistock (Public Relations) |
+44 (0) 207 920 3150 |
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James Collins / Andrew Dunn |
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Notes to Editors:
About Modern Water
Modern Water owns, installs and operates world-leading membrane technology and develops and supplies advanced systems for water monitoring. Its shares trade on the Alternative Investment Market of the London Stock Exchange.
Modern Water has developed and commercialised world-leading patented Forward Osmosis desalination technology which can be used in a variety of industries. Its benefits include lower energy consumption, improved water quality and lower environmental impact. With a sales presence in almost 60 countries, the Group's Monitoring Division includes a leading real-time continuous toxicity monitor and trace metal analysers for monitoring the quality of drinking water.