Kitwave Group PLC Director/PDMR Shareholding (9992G)
01 Avril 2022 - 02:45PM
UK Regulatory
TIDMKITW
RNS Number : 9992G
Kitwave Group PLC
01 April 2022
1 April 2022
Kitwave Group plc
("Kitwave", the "Group" or the "Company")
Director/PDMR Shareholding
Kitwave Group plc (AIM: KITW), the delivered wholesale business,
was today notified that Gerard Murray, Non Executive Director of
the Company, and his PCAs today purchased an aggregate of 30,000
ordinary shares of 1 pence each in the capital of the Company
("Ordinary Shares") at a price of 144.5 pence per Ordinary
Share.
Following the transaction Mr Murray and his PCAs hold 70,000
Ordinary Shares in the Company, equating to a beneficial
shareholding of 0.1%.
- Ends -
For further information please contact:
Tel: +44 (0) 191 259 2277
Kitwave Group plc
Paul Young, Chief Executive Officer
David Brind, Chief Financial Officer
www.kitwave.co.uk
Canaccord Genuity Limited Tel: +44 (0) 20 7523 8150
(Nominated Adviser and Sole Broker)
Bobbie Hilliam
Georgina McCooke
Alex Aylen - Sales
Yellow Jersey PR Tel: +44 (0) 20 3004 9512
(Financial media and PR)
Sarah Hollins
Henry Wilkinson
James Lingfield
Company Overview
Founded in 1987, following the acquisition of a single-site
confectionery wholesale business based in North Shields, United
Kingdom, Kitwave is a delivered wholesale business, specialising in
selling and delivering impulse products, frozen and chilled foods,
alcohol, groceries and tobacco to approximately 39,000, mainly
independent, customers.
With a network of 27 depots, Kitwave is able to support delivery
throughout the UK to a diverse customer base, which includes
independent convenience retailers, leisure outlets, vending machine
operators, foodservice providers and other wholesalers, as well as
leading national retailers.
The Group's growth to date has been achieved both organically
and through a strategy of acquiring smaller, predominantly
family-owned, complementary businesses in the fragmented UK grocery
and foodservice wholesale market.
Kitwave Group plc (AIM: KITW) was admitted to trading on AIM of
the London Stock Exchange on 24 May 2021.
For further information, please visit www.kitwave.co.uk .
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: Gerard Murray
--------------------------------------------- -------------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------
a) Position/Status: Non Executive Director
--------------------------------------------- -------------------------------------
b) Initial Notification/Amendment: Initial Notification
--------------------------------------------- -------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name: Kitwave Group plc
--------------------------------------------- -------------------------------------
b) LEI: 2138007DLCYPVY95UD40
--------------------------------------------- -------------------------------------
4. Details of 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 Ordinary Shares of 1 pence each
of the financial ISIN: GB00BNYKB709
instrument:
Identification
code:
--------------------------------------------- -------------------------------------
b) Nature of the Purchase of Ordinary Shares
transaction:
--------------------------------------------- -------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s):
--------------------------------------------- ------------------ -----------------
144.5
pence 15,000
--------------------------------------------------------------------- -----------------
d) Aggregated volume: n/a single transaction
Price:
--------------------------------------------- -------------------------------------
e) Date of the 1 April 2022
Transaction:
--------------------------------------------- -------------------------------------
f) Place of the London Stock Exchange (XLON); AIM
Transaction:
--------------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Marta Fernandez Varona
--------------------------------------------- ------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------
a) Position/Status: PCA of Gerard Murray, Non Executive Director
--------------------------------------------- ------------------------------------------------
b) Initial Notification/Amendment: Initial Notification
--------------------------------------------- ------------------------------------------------
3 Details of the issuer, emission allowance market participation,
auction platform, auctioneer or auction monitor
-----------------------------------------------------------------------------------------------
a) Name: Kitwave Group plc
--------------------------------------------- ------------------------------------------------
b) LEI: 2138007DLCYPVY95UD40
--------------------------------------------- ------------------------------------------------
4. Details of 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 Ordinary Shares of 1 pence each
of the financial ISIN: GB00BNYKB709
instrument:
Identification
code:
--------------------------------------------- ------------------------------------------------
b) Nature of the Purchase of Ordinary Shares
transaction:
--------------------------------------------- ------------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s):
--------------------------------------------- ----------------------- -----------------------
144.5
pence 15,000
-------------------------------------------------------------------------- -----------------------
d) Aggregated volume: n/a single transaction
Price:
--------------------------------------------- ------------------------------------------------
e) Date of the 1 April 2022
Transaction:
--------------------------------------------- ------------------------------------------------
f) Place of the London Stock Exchange (XLON); AIM
Transaction:
--------------------------------------------- ------------------------------------------------
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END
DSHSSFFEFEESELL
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April 01, 2022 08:45 ET (12:45 GMT)
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