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Ananda Developments Plc - Director/PDMR Shareholding

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Ananda Developments Plc · ANA

03/04/2023 12:03

Ananda Developments Plc - Director/PDMR Shareholding PR Newswire

3 April  2023


(“Ananda” or the “Company”)

 Director/PDMR Shareholding

Ananda announces that on 20 March 2023, Melissa Sturgess, the Company’s Chief Executive Officer, sold 145,000,000 ordinary shares of 0.2p each in the Company (“Ordinary Shares”) to Palace Trading Investments Limited (“Palace”) at a price of 0.3p per share. Palace is wholly owned by Tiger Trust, a trust of which Melissa Sturgess is sole beneficiary.

Accordingly, Melissa Sturgess continues to have a beneficial interest in the 145,000,000 Ordinary Shares and there is no change to her disclosable interest in the Ordinary Shares.


The Directors of the Company accept responsibility for the contents of this announcement.


Chief Executive Officer
Melissa Sturgess

Investor Relations
Jeremy Sturgess-Smith
+44 (0)7463 686 497

Corporate Finance
Mark Anwyl

Corporate Broking
Lucy Williams
Duncan Vasey
+44 (0)20 7469 0930

About Ananda Developments

Ananda is an AQSE-listed medical cannabis company creating UK-based operations to grow and provide carbon zero, consistent, medical cannabis for the UK and international markets.

For more information, please visit: 

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

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 Melissa Sturgess
2 Reason for the notification
a) Position/status Chief Executive Officer
b) Initial notification /Amendment Initial
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Ananda Developments plc
b) LEI 894500DFM8VOC5FW4X47
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

b) Nature of the transaction Sale/purchase of Ordinary Shares
c) Price(s) and volume(s) 145,000,000 Ordinary Shares at 0.3p per share
d) Aggregated information
- Aggregated volume
- Price
e) Date of the transaction 20 March 2023
f) Place of the transaction Off Market

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