TIDMTORO

RNS Number : 4977N

Toro Limited

29 January 2016

Annex DTR3

Notification of Transactions of Directors/Persons Discharging

Managerial Responsibility and Connected Persons

 
                                                     2. State whether the 
                                                      notification relates 
                                                      to (i) a transaction 
                                                      notified in accordance 
                                                      with DTR 3.1.2 R, (ii) 
                                                      a disclosure made in 
                                                      accordance with section 
                                                      793 of the Companies 
                                                      Act 2006, or (iii) 
                                                      in accordance with 
                                                      paragraph 26 of the 
       Name of the issuer                             Model Code 
        TORO LIMITED (ISIN                            NOTIFICATION IS UNDER 
 1.     GG00BWBSDM98)                          2.     DTR 3.1.2 R 
----  --------------------------------------  ----  ------------------------------- 
                                                     State whether notification 
                                                      relates to a person 
                                                      connected with a person 
                                                      discharging managerial 
                                                      responsibilities/director 
                                                      named in 3 and identify 
       Name of person discharging                     the connected person 
        managerial responsibilities/director          N/A - DIRECTOR NAMED 
 3.     JOHN WHITTLE                           4.     IN 3. 
----  --------------------------------------  ----  ------------------------------- 
       Indicate whether the 
        notification is in 
        respect of a holding 
        of the person referred 
        to in 3 or 4 above 
        or in respect of a                           Description of shares 
        non-beneficial interest(1)                    (including class), 
                                                      debentures or derivatives 
        NOTIFICATION RELATES                          or financial instruments 
        TO HOLDING OF PERSON                          relating to shares 
 5.     NAMED IN 3.                            6.     ORDINARY SHARES 
----  --------------------------------------  ----  ------------------------------- 
       Name of registered 
        shareholders(s) and, 
        if more than one, the                        State the nature of 
        number of shares held                         the transaction 
        by each of them                               SHARES ACQUIRED IN 
 7.     JOHN WHITTLE                           8.     MARKET. 
----  --------------------------------------  ----  ------------------------------- 
                                                     Percentage of issued 
                                                      class acquired (treasury 
       Number of shares, debentures                   shares of that class 
        or financial instruments                      should not be taken 
        relating to shares                            into account when calculating 
        acquired                                      percentage) 
 9.     13,800                                 10.    0.00382% 
----  --------------------------------------  ----  ------------------------------- 
                                                     Percentage of issued 
                                                      class disposed (treasury 
       Number of shares, debentures                   shares of that class 
        or financial instruments                      should not be taken 
        relating to shares                            into account when calculating 
        disposed                                      percentage) 
 11.    N/A                                    12.    N/A 
----  --------------------------------------  ----  ------------------------------- 
       Price per share or 
        value of transaction                         Date and place of transaction 
 13.    EUR 0.94                               14.    28 JANUARY 2016, GUERNSEY 
----  --------------------------------------  ----  ------------------------------- 
       Total holding following 
        notification and total 
        percentage holding 
        following notification 
        (any treasury shares 
        should not be taken 
        into account when calculating                Date issuer informed 
        percentage)                                   of transaction 
 15.    37,091 (0.01026%)                      16.    28 JANUARY 2016 
----  --------------------------------------  ----  ------------------------------- 
 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes.

 
                                          Period during which 
 17.   Date of grant                18.    or date on which exercisable 
----  ---------------------------  ----  ------------------------------ 
       Total amount paid (if              Description of shares 
        any) for grant of the              or debentures involved 
 19.    option                      20.    (class and number) 
----  ---------------------------  ----  ------------------------------ 
       Exercise price (if 
        fixed at time of grant)           Total number of shares 
        or indication that                 or debentures over 
        price is to be fixed               which options held 
 21.    at the time of exercise     22.    following notification 
----  ---------------------------  ----  ------------------------------ 
                                          Name of contact and 
                                           telephone number for 
                                           queries 
       Any additional information          Melanie Torode 
 23.    N/A                         24.    01481 231100 
----  ---------------------------  ----  ------------------------------ 
 
 
 Name of authorised officer of issuer responsible 
  for making notification 
  Melanie Torode, for Morgan Sharpe Administration 
  Limited, as Secretary 
  Date of notification 29 JANUARY 2016 
-------------------------------------------------- 
 

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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