Director Pension Transfer
CEO and spouse transferred shares to their pensions via on-market sale and repurchase.
- Shares transferred by Nick Clark 2,000,000
- Shares transferred by Siobhan Robinson 600,000
- Transaction price 2.30p
- Nick Clark family holding after transactions 44,531,539 shares (12.53%)
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Built Cybernetics (AIM: BUC), the Smart Buildings group, notifies that on 9 July 2025 its Chief Executive, Nick Clark, sold 2,000,000 ordinary shares of one penny each ("Ordinary Shares") from his share dealing account at 2.30p and immediately repurchased 2,000,000 Ordinary Shares into his SSAS pension at 2.30p. Additionally, Siobhan Robinson, Nick Clark's spouse and therefore a Person Closely Associated ("PCA"), sold 600,000 ordinary shares of one penny each ("Ordinary Shares") from her share dealing account at 2.30p and immediately repurchased 600,000 Ordinary Shares into her SSAS pension at 2.30p.
Following these on-market transactions, Nick Clark's total family interest remains unchanged at 44,531,539 Ordinary Shares, representing approximately 12.53% of the issued share capital of the Company.
| Investor Enquiries We encourage all investors to share questions on this announcement via our investor hub | https://builtcybernetics.com/link/LPZwYy | |
| Built Cybernetics plc Clive Carver, Chairman Nick Clark, Chief Executive | +44 (0)20 7843 3001 | |
| Canaccord Genuity Limited , Nominated Adviser and broker Stuart Andrews Elizabeth Halley-Scott | +44 (0)20 7523 8000 | |
| PDMR Notification | ||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Nick Clark |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Built Cybernetics plc |
| b) | LEI | 213800WWNHLPUBSUK220 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 1 penny each |
| Identification code | GB0000617950 | |
| b) | Nature of the transaction | Sale and repurchase into SSAS of Ordinary Shares |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 2.30p (sale) 2.30p (purchase) | 2,000,000 2,000,000 | |
| d) | Aggregated information | |
| - Aggregated volume | 4,000,000 | |
| - Aggregate Value | £88,000.00 | |
| e) | Date of the transaction | 9 July 2025 |
| f) | Place of the transaction | London Stock Exchange, AIM |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Siobhan Robinson |
| 2 | Reason for the notification | |
| a) | Position/status | PCA of Nick Clark, Chief Executive |
| b) | Initial notification /Amendment | Initial Notification |
| a) | Name | Built Cybernetics plc |
| b) | LEI | 213800WWNHLPUBSUK220 |
| a) | Description of the financial instrument, type of instrument | Ordinary Shares of 1 penny each |
| Identification code | GB0000617950 | |
| b) | Nature of the transaction | Sale and repurchase into SSAS of Ordinary Shares |
| c) | Price(s) and volume(s) | |
| Price(s) | Volume(s) | |
| 2.30p (sale) 2.30p (purchase) | 600,000 600,000 | |
| d) | Aggregated information | |
| - Aggregated volume | 1,200,000 | |
| - Aggregate Value | £27,600.00 | |
| e) | Date of the transaction | 9 July 2025 |
| f) | Place of the transaction | London Stock Exchange, AIM |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.