Director Dealing

Released : 03 Apr 2017 13:24

RNS Number : 3971B
Fulcrum Utility Services Ltd
03 April 2017
 

3 April 2017

FULCRUM UTILITY SERVICES LIMITED

("Fulcrum" or the "Company")

Director Dealing

 

The Company has been informed of the following transactions undertaken by Stephen Gutteridge, Non-Executive Director of Fulcrum, and persons closely associated ("PCA") with him.

 

On 29 March 2017, Mr Gutteridge's wife and his mother each purchased 25,000 ordinary shares in Fulcrum at a price of 60.5p per share.

 

On 30 March 2017, Mr Gutteridge's wife and his mother each purchased 10,000 ordinary shares in Fulcrum at a price of 59.9p per share.

 

On 30 March 2017, an employee benefit trust, of which Mr Gutteridge is a beneficiary, sold 70,000 ordinary shares in Fulcrum at a price of 59.5p per share.

 

Following these transactions, Mr Gutteridge and persons closely associated with him hold, in aggregate, 249,166 shares in the Company, representing approximately 0.15 per cent of its issued share capital.

 

Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Stephen Gutteridge

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification /Amendment

Initial

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fulcrum Utility Services Limited

b)

LEI

N/A

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 0.1p each

 

 

ISIN: KYG368851047

b)

Nature of the transaction

Sale of ordinary shares by an employee benefit trust of which Mr Gutteridge is a beneficiary.

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

59.5p per share

70,000

d)

Aggregated information

- Aggregated volume

- Price

 

N/A - single transaction

 

e)

Date of the transaction

30 March 2017

f)

Place of the transaction

London Stock Exchange

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mary Gutteridge

2

Reason for the notification

a)

Position/status

Person closely associated with Stephen Gutteridge, Non-Executive Director of Fulcrum Utility Services Limited

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fulcrum Utility Services Limited

b)

LEI

N/A

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 0.1p each

 

 

ISIN: KYG368851047

b)

Nature of the transaction

Purchase of ordinary shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

59.9p per share*

10,000

60.5p per share**

25,000

 

*30 March 2017

**29 March 2017

d)

 

Aggregated information

- Aggregated volume

- Price

 

35,000

Volume weighted average price of 60.33p per share

e)

Date of the transaction

29 March 2017 and 30 March 2017

f)

Place of the transaction

London Stock Exchange

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Audrey Gutteridge

2

Reason for the notification

a)

Position/status

Person closely associated with Stephen Gutteridge, Non-Executive Director of Fulcrum Utility Services Limited

b)

Initial notification /Amendment

Initial

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Fulcrum Utility Services Limited

b)

LEI

N/A

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 0.1p each

 

 

ISIN: KYG368851047

b)

Nature of the transaction

Purchase of ordinary shares

c)

 

Price(s) and volume(s)

 

Price(s)

 

Volume(s)

59.9p per share*

10,000

60.5p per share**

25,000

*30 March 2017

**29 March 2017

d)

 

Aggregated information

- Aggregated volume

- Price

 

35,000

Volume weighted average price of 60.33p per share

e)

Date of the transaction

29 March 2017 and 30 March 2017

f)

Place of the transaction

London Stock Exchange

 

 

 

Enquiries:

Fulcrum Utility Services Limited

Craig Baugh, Head of Marketing and Communications

 

Cenkos Securities plc (Nominated adviser and broker)

Max Hartley (Nomad) / Alex Aylen (Sales)

 

Camarco (Financial PR advisers)

Ginny Pulbrook / Tom Huddart

 

+44 (0)114 280 4150

 

 

+44 (0)20 7397 8900

 

 

+44(0)203 757 4992

 

Notes to Editors:

Fulcrum is a multi-utility infrastructure and services provider based in Sheffield, UK. The Company's primary business is the provision of utility infrastructure services to the residential, commercial and industrial markets throughout the main land UK. These range from the design, installation or alteration of utility services for single site properties to large complex multi-site projects. Through its subsidiary, Fulcrum Pipelines Limited, Fulcrum is also licensed as an Independent Gas Transporter, owning and operating gas pipelines that connect properties to the main UK gas networks.

http://www.fulcrum.co.uk/


This information is provided by RNS
The company news service from the London Stock Exchange
 
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