19 February 2020
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Pressure Technologies plc
("Pressure Technologies", the "Company" or the "Group")
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Purchase of shares by a Director
The Board of Pressure Technologies has been informed that Sir Roy Gardner, Chairman acquired ordinary shares in the Company on 14 February 2020 as detailed in the table below.
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Director | Number of shares purchased | Total number of shares now held | Percentage of issued share capital |
Sir Roy Gardner | 5,000 | 27,500 | 0.15% |
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For further information, please contact:
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Pressure Technologies plc | |
Chris Walters, Chief Executive | Tel: 0114 257 3616 |
Joanna Allen, Chief Financial Officer | |
� 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 | |
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� � 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 |
132 pence | 5,000 | ||
d) � | Aggregated information �- Aggregated volume �- Price | N/A | |
e) | Date of the transaction | 14 February 2020 | |
f) | Place of the transaction | London Stock Exchange |
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COMPANY DESCRIPTION
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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.
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The Group has two divisions, Precision Machined Components and Chesterfield Special Cylinders.
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Precision Machined Components (PMC) - www.pt-pmc.com
?���� Precision Machined Components includes the Al-Met, Roota Engineering, Quadscot and Martract brands.
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Chesterfield Special Cylinders (CSC) - www.chesterfieldcylinders.com�
?���� Chesterfield Special Cylinders, Sheffield, includes CSC Deutschland Gmbh, which is based in Dorsten, Germany.