Volta Finance Limited (VTA) - Notification of Transactions of Directors, Persons Discharging Managerial Responsibility and/or Connected Persons
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
Guernsey, 30 April 2018 - Volta Finance Limited ("Volta" or the "Company") was notified on 30 April 2018 by Paul Varotsis, the Senior Independent Director of Volta's Board of Directors, that he purchased 9,000 of the Company's ordinary shares (ISIN number G00B1GHHH78) in Amsterdam on 30 April 2018 at €6.90 per share.
This purchase represents 0.0246% of the Company's ordinary shares in issue as at today's date. Following this transaction, Mr Varotsis holds 183,131 ordinary shares, or 0.50088% of the Company's ordinary shares in issue as at today's date.
This notice is given in fulfilment of the obligation under DTR 3.1.4R(1)(a) and Article 19 of the Market Abuse Regulations.
|PDMR DEALING NOTIFICATION TEMPLATE|
|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|
|2||Reason for the notification|
|b)||Initial notification /Amendment|| |
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|a)||Name||Volta Finance Limited|
|b)||Legal Entity Identifier||2138004N6QDNAZ2V3W80|
|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|| |
|b)||Nature of the transaction|| |
Acquisition of Ordinary shares
|- Aggregated volume||9,000|
|e)||Date of the transaction||30 April 2018|
|f)||Place of the transaction|| |
For further information, please contact:
For further information, please contact:
Company Secretary and Portfolio Administrator
Sanne Group (Guernsey) Limited
+44 (0) 1481 739810
Cenkos Securities plc
Francesc Garcia Uriel
+44 (0) 20 7397 8900
For the Investment Manager
AXA Investment Managers Paris
+33 (0) 1 44 45 84 47
ABOUT VOLTA FINANCE LIMITED
Legal Entity Identification code (LEI): 2138004N6QDNAZ2V3W80
Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange's Main Market for listed securities. Volta's home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.
Volta's investment objectives are to preserve capital across the credit cycle and to provide a stable stream of income to its shareholders through dividends. Volta seeks to attain its investment objectives predominantly through diversified investments in structured finance assets. The assets that the Company may invest in either directly or indirectly include, but are not limited to: corporate credits; sovereign and quasi-sovereign debt; residential mortgage loans; and, automobile loans. The Company's approach to investment is through vehicles and arrangements that essentially provide leveraged exposure to portfolios of such underlying assets. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.
ABOUT AXA INVESTMENT MANAGERS
AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with €717 billion in assets under management as of the end of December 2016. AXA IM employs approximately 2,420 people around the world.
Past performance cannot be relied on as a guide to future performance.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Volta Finance Limited via Globenewswire