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Unigel Group PLC - Director/PDMR Shareholdings


Announcement provided by

Unigel Group plc · UNX

10/11/2023 09:57

Unigel Group PLC - Director/PDMR Shareholdings
RNS Number : 0920T
Unigel Group PLC
10 November 2023
 

 

 

 

 

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Unigel Group plc

(the "Group" or the "Company")

Director / PDMR Shareholdings

 

Unigel Group plc (AQSE: UNX), the manufacturer and supplier of materials used in the manufacture of telecommunication fibre optic cables announces the transfer of certain shares beneficially held by Eric Chhoa, CEO of the Company, to certain individuals and Mukthiar (Danny) Sohal, a PDMR of the Company, and the sale and purchase of certain shares as part of a separate transfer of shares, from a shareholder to Crystal Koh, a director of Unitape Limited and PDMR of the Company.

 

Eric Chhoa Share Transfer

 

The Company was notified on 9 November 2023 that Hikari Capital Limited, a company controlled and majority owned by Eric Chhoa, CEO of the Company, sold 3,505,546 ordinary shares on 8 November 2023 at a price of 64 pence per share ("Share Transfer"). The Share Transfer was completed as an off-market transaction.

 

Following the Share Transfer, Eric Chhoa holds 6,494,454 ordinary shares in the Company representing 57.55 per cent. of the Company's current issued share capital.

 

As part of the Share Transfer, Mukthiar (Danny) Sohal, Director of Unigel Inc and Deputy CEO of Unigel (UK) Limited and PDMR of the Company, has acquired ordinary shares in the Company as set out below:

 

Director / PDMR

Purchase price

Ordinary shares purchased

Resultant interest in ordinary shares

Resultant percentage of issued ordinary shares

Mukhtiar (Danny) Sohal

64 pence

402,364

432,364*

3.83%

 

*30,000 ordinary shares are held by Sally Singh-Sohal, Spouse of Mukhtiar (Danny) Sohal.

 

Crystal Koh Share Transfer

 

The Company was also notified on 9 November 2023 that Crystal Koh, Director of Unitape Limited and PDMR of the Company, acquired 30,000 ordinary shares at a price of 64 pence per ordinary share on 8 November 2023, as part of a share transfer from a shareholder in the Company. Crystal Koh's share transfer was completed as an off-market transaction.

 

 

Director / PDMR

Purchase price

Ordinary shares purchased

Resultant interest in ordinary shares

Resultant percentage of issued ordinary shares

Crystal Koh

64 pence

30,000

60,000

0.53%

 

 

 

This announcement contains inside information for the purposes of the UK Market Abuse Regulation and the Directors of the Company are responsible for the release of this announcement.

 

Enquiries:  

 

Unigel Group plc

 

Eric Chhoa

  +81 80 6929 3688

 

Gary Revel-Chion

 

+44 (0) 1273 612 122

Cairn Financial Advisers LLP (AQSE Corporate Adviser)

 

 

Jo Turner

+44 (0) 20 7213 0880

Ludovico Lazzaretti

 

 

 

 

 

 

 

 

Notes to Editors

Unigel Group plc is the holding company whose operating subsidiaries, Unigel (UK) Limited ("Unigel") and Unitape Limited ("Unitape") manufacture and distribute materials used in the manufacture of telecommunication fibre optic cables.

 

Unigel, in which the Group has a 60.0% holding, formulates, manufactures, and markets thixotropic gels primarily to the fibre optic cable industry. In addition, it also makes specialty gel products for the construction, green energy, and high voltage transmission apparatus markets.

 

Unitape, a wholly owned subsidiary of the Group, is one of the largest domestic manufacturers and suppliers of laminated steel tapes to the fibre optic cable industry in North America.

 

 

              

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

Eric Chhoa

 

2

Reason for notification


a.

Position/Status

Chief Executive Officer of the Company (also the controller and majority shareholder of Hikari Capital Limited)

b.

Initial notification/

Amendment

Initial notification

3

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

a.

Name

Unigel Group plc

b.

LEI

213800WJ4R4R99242P96

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 0.5 pence each


ISIN: GB00BPP4RY41

 

b.

Nature of the transaction

Sale of ordinary shares pursuant to the Share Transfer

c.

Price(s) and volume(s)


Price

Volume

64p

3,505,546

 

 





d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

e.

Date of the transaction

8 November 2023

f.

Place of the transaction

Off-market transaction

 

 

 

                 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014

1

Details of the person discharging managerial responsibilities/person closely associated

a.

Name

A)   Mukthiar (Danny) Sohal

B)   Crystal Koh

 

2

Reason for notification


a.

Position/Status

A)   Director of Unigel Inc and Deputy CEO of Unigel (UK) Limited

B)   Director of Unitape Limited

b.

Initial notification/

Amendment

Initial notification

3

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

a.

Name

Unigel Group plc

b.

LEI

213800WJ4R4R99242P96

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 0.5 pence each


ISIN: GB00BPP4RY41

 

b.

Nature of the transaction

A)   Purchase of ordinary shares pursuant to the Share Transfer

B)   Purchase of ordinary shares

c.

Price(s) and volume(s)



Price

Volume

A)

64p

402,364

B)

64p

30,000

 

 





d.

Aggregated information

 

- Aggregated Volume

 

- Price

 

 

e.

Date of the transaction

8 November 2023

f.

Place of the transaction

A)   Off-market transaction

B)   Off-market transaction

 

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