Ocean Outdoor Limited Director/PDMR Shareholding (5124E)

TIDMOOUT

RNS Number : 5124E

Ocean Outdoor Limited

07 July 2021

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notifications made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the purchase of shares by persons discharging managerial responsibilities ("PDMR").

The following PDMR has disposed of and acquired the number of shares set out in the notification below.

This announcement is made in accordance with article 19.3 of MAR.

Notification and public disclosure of transactions by persons discharging managerial responsibilities

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        Stephen Joseph 
     --------------------------  --------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status             Chief Operating Officer and Chief 
                                   Financial Officer 
     --------------------------  --------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  --------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                        Ocean Outdoor Limited 
     --------------------------  --------------------------------------- 
 b)   LEI                         2138008YIB9PP7J64M75 
     --------------------------  --------------------------------------- 
 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          Ordinary shares of GBP0.0001 each 
       financial instrument,       i n Ocean Jersey TopCo Limited 
       type of instrument 
                                   n/a 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Buy back by Ocean Jersey TopCo Limited 
                                   of management Hurdle Shares in Ocean 
                                   Jersey TopCo Limited in connection 
                                   with MIP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                     GBP0.00001    1,248,750 
                                                  ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          1,248,750 
 
       - Price                      GBP12.49 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     07/07/2021 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
 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          Ordinary shares of GBP0.0001 each 
       financial instrument,       i n Ocean Jersey TopCo Limited 
       type of instrument 
                                   n/a 
       Identification code 
     --------------------------  --------------------------------------- 
 b)   Nature of the transaction   Issue of new management Hurdle Shares 
                                   in Ocean Jersey TopCo Limited in 
                                   connection with MIP 
     --------------------------  --------------------------------------- 
 c)   Price(s) and volume(s)        Price(s)      Volume(s) 
                                     GBP0.00001    1,402,500 
                                                  ---------- 
     --------------------------  --------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          1,402,500 
 
       - Price                      GBP14.03 
     --------------------------  --------------------------------------- 
 e)   Date of the transaction     07/07/2021 
     --------------------------  --------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ---------------------------------------

For further information, please contact:

Yellow Jersey PR

   Charles Goodwin, Annabel Atkins                       07747 788 221

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July 07, 2021 09:44 ET (13:44 GMT)

Ocean Outdoor (LSE:OOUT)
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