Director/PDMR Shareholding
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Velocity Composites plc (AIM: VEL.L), the leading supplier of advanced composite material kits to the aerospace market, announces that on 5 April 2024, Andrew Beaden, Chairman, purchased 12,500 ordinary shares of 0.25p each in the Company ("Ordinary Shares") at 30.684 pence per Ordinary Share into his SIPP.
Following this purchase, Mr Beaden holds a beneficial interest in 580,975 Ordinary Shares representing approximately 1.09 per cent. of the Company's issued share capital.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Andrew Michael Beaden | |
| 2 | Reason for the notification | ||
| a) | Position/status | Non-executive Chairman | |
| b) | Initial notification/Amendment | Initial Notification | |
| a) | Name | Velocity Composites plc | |
| b) | LEI | 213800W4W46J8HGZP672 | |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.25p each | |
| Identification code | GB00BF339H01 | ||
| b) | Nature of the transaction | Purchase of Ordinary Shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| £0.30684 | 12,500 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 5 April 2024 | |
| f) | Place of the transaction | AIMX |
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