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 Responsibilities, purchased 49,473 ordinary shares of 2p each in the Company (‘Ordinary Shares’) at a price of 15.15 pence per share. As a result, Mr Rutter now has a total beneficial interest, in aggregate, of 4,025,963 Ordinary Shares, representing 3.18 per cent. of the Company’s issued share capital.
As a result of the above purchase, under the Company’s Share Matching Scheme, Nick Rutter will be awarded options to subscribe for 49,473 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, save and improve our customers’ lives by making innovative, leading-edge technology simple and accessible. FireAngel is one of the market leaders in the European home safety products market.
FireAngel’s principal products are connected 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.