CIP Merchant Capital Ltd Director/PDMR Shareholding (5695J)

TIDMCIP

RNS Number : 5695J

CIP Merchant Capital Ltd

27 April 2022

CIP MERCHANT CAPITAL LIMITED

("CIP" or the "Company")

Director Dealing

CIP (AIM: CIP) announces that Adrian Collins, a non-executive director of the Company, has sold 50,000 ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") at a price of 60 pence per Ordinary Share pursuant to his acceptance of the offer made by Corporation Financière Européenne S.A.

Enquiries :

 
CIP Merchant Capital Limited 
 Wikus van Schalkwyk                                   +44 1481 749363 
Strand Hanson Limited (Financial & Nominated Adviser 
 and Broker) 
 Stuart Faulkner / Matthew Chandler / James Bellman 
 / Rob Patrick                                         +44 20 7409 3494

The information contained in this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 (which applies in the United Kingdom by operation of the European Union (Withdrawal) Act 2018 (as amended)). The person responsible for arranging release of this announcement on behalf of CIP is Adrian Collins.

PDMR Notification Forms

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                              Adrian Collins 
     --------------------------------  -------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------ 
 a)   Position/status                   Non-Executive Chairman 
     --------------------------------  -------------------------------- 
 b)   Initial notification/amendment    Initial Notification 
     --------------------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------ 
 a)   Name                              CIP Merchant Capital Limited 
     --------------------------------  -------------------------------- 
 b)   LEI                               213800HBX752BGRVV870 
     --------------------------------  -------------------------------- 
 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      Ordinary shares of 1 penny each 
       instrument, type of instrument 
     --------------------------------  -------------------------------- 
      Identification code               GG00BF8NW879 
     --------------------------------  -------------------------------- 
 b)   Nature of the Transaction         Sale of ordinary shares 
     --------------------------------  -------------------------------- 
 c)   Price(s) and volume(s)             Price(s)    Volume(s) 
                                          GBP0.60     50,000 
                                                     ---------- 
     --------------------------------  -------------------------------- 
 d)   Aggregated information            N/A (Single transaction) 
       Aggregated volume Price 
     --------------------------------  -------------------------------- 
 e)   Date of the transaction           25 April 2022 
     --------------------------------  -------------------------------- 
 f)   Place of the transaction          CREST / Off market 
     --------------------------------  --------------------------------

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END

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April 27, 2022 08:33 ET (12:33 GMT)

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