PDMR Share Purchase
FireAngel (AIM: FA.), one of Europe’s leading developers and suppliers of home safety products, has been notified that earlier today, Nick Rutter, a Person Discharging Managerial Responsibility, purchased in aggregate, 176,490 ordinary shares of 2p each in the Company (‘Ordinary Shares’) at an average price of 14.17 pence per share. As a result, Mr Rutter now has a total beneficial interest, in aggregate, of 3,976,490 Ordinary Shares, representing 3.14 per cent. of the Company’s issued share capital.
Details of each purchase are set out below:
|Ordinary Shares||Price (p)|
As a result of the above purchases, under the Company’s Share Matching Scheme, Nick Rutter will be awarded options to subscribe for 176,490 new ordinary shares at 2p per share.
For further information, please contact:
|FireAngel Safety Technology Group plc||024 7771 7700|
|John Conoley, Executive Chairman|
|Mike Stilwell, Group Finance Director|
|Shore Capital (Nominated adviser and broker)||020 7408 4050|
Notes to Editors
About FireAngel Safety Technology Group plc
FireAngel’s mission is to protect and save lives by making innovative, leading-edge technology home safety products which are simple and accessible.
FireAngel’s principal products are smoke alarms, CO alarms, heat alarms and accessories. The Company has an extensive portfolio of patented intellectual property in Europe, the US and other selected territories. Products are sold under FireAngel’s leading brands of FireAngel, FireAngel Pro, FireAngel Specification and AngelEye.
For further product information, please visit: www.fireangeltech.com.