Company Announcements

Director dealing / PDMR shareholding

Source: RNS
RNS Number : 5969M
LifeSafe Holdings PLC
13 January 2023
 

13 January 2023

 

LifeSafe Holdings plc

 

('LifeSafe', the 'Company' or the 'Group')

 

Director dealing / PDMR shareholding

 

LifeSafe (AIM: LIFS), a fire safety technology business with innovative fire extinguishing fluids and fire safety products, has been notified that on 12 January 2023, Neil Smith, Chief Executive Officer, transferred 26,700 shares to his spouse, Francesca Smith. On the same date, immediately after the transfer, Neil Smith and Francesca Smith each disposed of 25,130 ordinary shares of 1p each in the Company to facilitate personal financial planning. 9,600 shares were acquired on the same date by Dominic Berger, Executive Chairman with 20,000 shares being acquired by an existing shareholder in the Company.

 

Director/PDMR

Position

Number of ordinary shares disposed

Price per share (p)

Neil Smith

Chief Executive Officer

25,130

50p

Francesca Smith

Spouse of Neil Smith

25,130

50p

 

Director/PDMR

Position

Number of ordinary shares acquired

Price per share (p)

Dominic Berger

Executive Chairman

9,600

50p

 

As a result, Dominic Berger now has a total notifiable share interest in the Company of 891,332 ordinary shares, representing 4.03% of the Company's issued share capital and the aggregate holding of Neil Smith (including Francesca Smith) now amounts to 163,340 ordinary shares, representing 0.74% of the Company's issued share capital.

 

- Ends -

 

FOR FURTHER ENQUIRIES:

 

LifeSafe Holdings plc

Via Buchanan

Neil Smith, Chief Executive Officer

Tel: +44 (0) 20 7466 5000

Mike Stilwell, Chief Financial Officer

www.lifesafeholdingsplc.com

 

 

WH Ireland Limited

Tel: +44 (0) 20 7220 1666

Chris Fielding

 

Darshan Patel

 

 

 

Buchanan Communications

Tel: +44 (0) 20 7466 5000

Henry Harrison-Topham

LifeSafe@buchanan.uk.com

Jack Devoy

 

George Cleary

 

 

Notes to Editors

LifeSafe is a fire safety technology business that develops eco-friendly, novel and innovative fire extinguishing fluids with a range of life-saving fire safety products.  LifeSafe has a highly experienced management team which is seeking to create new markets for the Group in fire safety through new technologies, digital marketing and multi-channel sales.

 

LifeSafe has developed what the Directors believe to be a market disrupting range of eco-friendly fire safety protection products to both protect (via fire extinguishers) and detect (via carbon monoxide, smoke and heat alarms) fires.  At the centre of the Group's product range is the FER1000 extinguishing fluid, for which the Group has been granted a patent in the UK.  The FER1000 fluid has been developed by LifeSafe to extinguish five different types of fire: electrical, paper, textiles, cooking oil, and petrol and diesel.

 

The Group's best-selling product using this extinguishing fluid is the StaySafe 5-in-1 fire extinguisher.  It was launched on Amazon Prime in the UK in August 2021 and subsequently became Amazon Prime's top-selling fire extinguisher in the UK in the same month.  The StaySafe 5-in-1 and the PanSafe pan fire extinguisher were launched in Screwfix in Spring 2022 with the StaySafe range of smoke, heat and carbon monoxide detectors.

 

LifeSafe is developing new fluid derivations for the industrial market and in December 2022, the Company launched its Lithium Thermal Runaway Fluid to combat thermal runaway in lithium battery fires by permanently extinguishing and preventing the re-ignition of lithium fires.

 

LifeSafe was admitted to trading on AIM in July 2022 with the ticker LIFS.L.  For additional information please visit https://www.lifesafeholdingsplc.com.

 

LinkedIn: https://www.linkedin.com/company/lifesafe-technologies

Twitter: https://twitter.com/LifesafeT

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM




1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Neil Smith

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

LifeSafe Holdings plc

b)

LEI

2138004KSXCPNWGSL119

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 1p each

 

 

 

GB00BP83Y473

b)

Nature of the transaction

Share Disposal

c)

Price(s) and volume(s)

Price(s)

Volume(s)

50p

25,130

d)

Aggregated information

-      Aggregated volume

-      Price

 

25,130

50p

 

e)

Date of the transaction

12/01/2023

f)

Place of the transaction

XLON, AIM

 




1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Francesca Smith

2

Reason for the notification

a)

Position/status

Spouse of Neil Smith

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

LifeSafe Holdings plc

b)

LEI

2138004KSXCPNWGSL119

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 1p each

 

 

 

GB00BP83Y473

b)

Nature of the transaction

Share Disposal

c)

Price(s) and volume(s)

Price(s)

Volume(s)

50p

25,130

d)

Aggregated information

-      Aggregated volume

-      Price

 

25,130

50p

 

e)

Date of the transaction

12/01/2023

f)

Place of the transaction

XLON, AIM




1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Dominic Berger

2

Reason for the notification

a)

Position/status

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

LifeSafe Holdings plc

b)

LEI

2138004KSXCPNWGSL119

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 instrument, type of instrument

 

Identification code

Ordinary Shares of 1p each

 

 

 

GB00BP83Y473

b)

Nature of the transaction

Share Acquisition

c)

Price(s) and volume(s)

Price(s)

Volume(s)

50p

9,600

d)

Aggregated information

-      Aggregated volume

-      Price

 

9,600

50p

 

e)

Date of the transaction

12/01/2023

f)

Place of the transaction

XLON, AIM

 

This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended ("MAR"). Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

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