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 4 October 2024, Rob Smith, Finance Director, purchased 20,000 ordinary shares of 0.25p each in the Company ("Ordinary Shares") at 35.0 pence per Ordinary Share.
Following this purchase, Mr Smith holds a beneficial interest in 40,000 Ordinary Shares representing approximately 0.07 per cent. of the Company's issued share capital.
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Robert Smith | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer | |
| 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) |
| £0.35 | 20,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 4 October 2024 | |
| f) | Place of the transaction | AIMX |
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