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RNS Number : 5676S Van Elle Holdings PLC 17 June 2024
Van Elle Holdings plc
('Van Elle', the 'Company' or the 'Group')
PDMR Share Purchase
Van Elle Holdings plc (AIM: VANL) announces that it has been notified that Mr
Frank Nelson, Non-Executive Chairman, has purchased 50,000 ordinary shares of
2 pence each in the Company ("Ordinary Shares") each at a price of 37.0 pence
per share. Following this purchase, Mr Nelson and those persons closely
associated with him, are interested in 190,000 Ordinary Shares, representing
approximately 0.18% of the Company's voting share capital.
The information below (set out in accordance with the requirements of EU
Market Abuse Regulation) provides further detail:
1. Details of the person discharging managerial responsibilities / person closely
associated
a. Name Mr Frank Nelson
2. Reason for the notification
a. Position/status Non-Executive Chairman
b. Initial notification Initial notification
/Amendment
3. Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a. Name Van Elle Holdings plc
b. LEI 213800LQC6YL8KJT1Y18
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 Ordinary shares of 2p each
Identification code
ISIN: GB00BYX4TP46
b. Nature of the transaction Purchase of ordinary shares
c. Price(s) and volume(s) Price(s) Volume(s)
37.0p 50,000
d. Aggregated information N/A
- Aggregated volume
- Price
e. Date of the transaction 14 June 2024
f. Place of the transaction London Stock Exchange, AIM
For further information, please contact:
Van Elle Holdings plc Via Walbrook
Mark Cutler, Chief Executive Officer
Graeme Campbell, Chief Financial Officer
Peel Hunt LLP (Nominated Adviser and corporate broker) Tel: 020 7418 8900
Ed Allsopp
Charlotte Sutcliffe
Ben Harrington
Walbrook PR Limited Tel: 020 7933 8780
or vanelle@walbrookpr.com
Tom Cooper 07971 221 972 or 07748 325 236
Nick Rome
About Van Elle Holdings plc:
Van Elle Holdings is the UK's largest specialist geotechnical engineering
contractor. Formed in 1984 and listed on AIM in 2016, the Company provides a
wide range of ground engineering techniques and services including ground
investigation, general and specialist piling, rail geotechnical engineering,
modular foundations, and ground improvement and stabilisation services.
Van Elle operates through three divisions: General Piling, Specialist Piling
and Rail, and Ground Engineering Services; and is focused on diverse end
markets including residential and housing, infrastructure and regional
construction - across which the Group has completed more than 20,000 projects
over the last 40 years. The Company acquired ScrewFast Foundations Limited in
April 2021 and Rock & Alluvium Limited in November 2023.
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