Bli medlem
Bli medlem

Du är här

2021-11-01

Volta Finance Limited: Director/PDMR Shareholding

Volta Finance Limited (VTA/VTAS)

Notification of transactions by directors, persons discharging managerial
responsibilities and persons closely associated with them

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES

*****
Guernsey, 01 November 2021

Pursuant to the announcements made on 5 April 2019 and 26 June 2020 relating to changes to the payment of directors fees, Volta Finance Limited (the “Company” or “Volta”) has today purchased 4,144 ordinary shares of no par value in the Company (“Ordinary Shares”) at an average price of €6.38 per share.

Each director receives 30% of their Director’s fees for any year in the form of shares, which they are required to retain for a period of no less than one year from their respective date of issue.

The shares will be issued to the Directors, who for the purposes of Regulation (EU) No 596/2014 on Market Abuse ("MAR") are "persons discharging managerial responsibilities" (a "PDMR")

  • Paul Meader, Chairman and a PDMR for the purposes of MAR, acquired 1,036 additional Ordinary Shares in the Company. Following the settlement of this transaction, Mr Meader & persons closely associated with Mr Meader will have an interest in 46,081 Ordinary Shares, representing 0.13% of the issued shares of the Company;

  • Paul Varotsis, Director and a PDMR for the purposes of MAR, acquired 725 additional Ordinary Shares in the Company. Following the settlement of this transaction, Mr Varotsis will have an interest in 211,369 Ordinary Shares, representing 0.58% of the issued shares of the Company;

  • Steve Le Page, Director and a PDMR for the purposes of MAR, acquired 881 additional Ordinary Shares in the Company. Following the settlement of this transaction, Mr Le Page will have an interest in 39,910 Ordinary Shares, representing 0.11% of the issued shares of the Company;

  • Graham Harrison, Director and a PDMR for the purposes of MAR, acquired 777 additional Ordinary Shares in the Company. Following the settlement of this transaction, Mr Harrison will have an interest in 23,337 Ordinary Shares, representing 0.06% of the issued shares of the Company;

  • Dagmar Kershaw, Director and a PDMR for the purposes of MAR, acquired 725 additional Ordinary Shares in the Company. Following the settlement of this transaction, Ms Kershaw will have an interest in 976 Ordinary Shares, representing 0.003% of the issued shares of the Company;

The notifications below, made in accordance with the requirements of MAR, provide further detail in relation to the above transactions:

  1. Details of the person discharging managerial responsibilities / person closely associated
a)
Paul Meader
Chairman and Director
b)
Paul Varotsis
Director
c)
Steve Le Page
Director
d)
Graham Harrison Director
e)
Dagmar Kershaw Director
  1. Reason for the notification
a. Position/statusDirector
b. Initial notification/AmendmentInitial notification
  1. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a. NameVolta Finance Limited
b. LEI2138004N6QDNAZ2V3W80
  1. 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 financial instrument, type of instrumentOrdinary Shares

 
b. Identification codeGB00B1GHHH78
c. Nature of the transaction

 
Purchase and allocation of Ordinary Shares relation to the part-payment of Directors' fees for the quarter ended 31 October 2021
d. Price(s)€6.38
e. Volume(s)Total: 4,144
f. Date of transaction01 November 2021
g. Place of transactionOn-market – London
  1. Aggregate Purchase Information
a)
Paul Meader
Chairman and Director
b)
Paul Varotsis
Director
c)
Steve Le Page
Director
d)
Graham Harrison Director
e)
Dagmar Kershaw Director
Författare GlobeNewswire