The Company announces an historic transfer of 202,434 ordinary shares in the Company between nominee accounts, holding shares for the benefit of Faisal Rahmatallah, Executive Chairman of Synnovia.
The following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.
Details of the person discharging managerial responsibilities / person closely associated
Reason for the notification
Executive Chairman of Synnovia plc
Initial notification /Amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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
Description of the financial instrument, type of instrument
Ordinary shares of 1p each
Nature of the transaction
Transfer of shares from Suffolk Life Trustees Limited as nominee company for the SIPP of Faisal Rahmatallah to Lawshare Nominees Limited as the nominee company for the SIPP of Faisal Rahmatallah for nil consideration.
Price(s) and volume(s)
- Aggregated volume
N/A - single transaction
Date of the transactions
30 April 2019
Place of the transactions
Outside a trading venue
For further information, please contact:
Tel: 020 7978 0574
Faisal Rahmatallah, Chairman
Nick Ball, Finance Director
Cenkos Securities plc
Tel: 020 7397 8900
(Nomad and joint broker)
Allenby Capital Limited
Tel: 020 3328 5656
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