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Aukett Swanke CEO and spouse trade shares for pensions

Published 06/12/2024, 12:12 am

LONDON - Aukett Swanke Group PLC (AIM: AUK), a company specializing in Smart Buildings and Architecture, announced today that its Chief Executive, Nick Clark, and his spouse Siobhan Robinson, who is a Person Closely Associated (PCA) with him, have both conducted transactions involving the company's ordinary shares. On Thursday, Nick Clark sold 2 million ordinary shares at a price of 1.55p each and subsequently repurchased the same number of shares for his SSAS pension at the same price. Siobhan Robinson carried out a similar transaction, selling and repurchasing 2.7 million shares at 1.55p each.

These transactions took place on the London Stock Exchange (LON:LSEG)'s AIM market and did not alter Nick Clark's overall family interest in the company, which remains at 42,531,539 ordinary shares. This figure represents approximately 12.47% of Aukett Swanke's issued share capital.

The total value of the shares sold and repurchased by Nick Clark amounted to £62,000, while Siobhan Robinson's transactions totaled £83,700. The company clarified that these movements are in line with the Market Abuse Regulation (EU) 596/2014 as it applies in the UK, and both parties have fulfilled their initial notification obligations.

Aukett Swanke Group is in the process of transforming into a provider of Smart Buildings and related services. The Group aims to integrate technical systems into the structures of modern premises from the early stages of design. This announcement is based on a press release statement from the company.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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