MARKET ABUSE RULES (“MAR”) IN RELATION TO PDMRs

Section 19, MAR lays down rules regarding transactions carried out by Person Discharging Managerial Responsibilities (PDMR) and their associated persons.   In this context, PDMR is understood to mean a person in Flexion Mobile PLC’s (Company)  leadership, administration or supervisory groups, or executives who are not included in any of these groups but have regular access to insider information and authority to take decisions on managerial level, which affect the future development and prospects of the Company.

 

Under Section 19, MAR Flexion Mobile is obligated to: i) keep a record of all persons in key positions and their associates; ii) in writing remind persons in key positions of their obligations under Section 19, MAR. Under Section 19, PDMRs are obligated to: i) without undue delay inform the Company and the Financial Conduct Authority (FCA) about changes in shares issued by Flexion Mobile and other related financial instruments, never later than 3 business days after a day of transaction; and ii) in writing remind associates of their obligations under Section 19 MAR

Under Section 19, the Company is obligated to make PDMR related transaction public no later than 3 business days after a day of transaction. As the FCA’s PDMR register is not public, the Company will present PDMR related transactions on its web page to disclose them publicly.  The transaction reporting is restricted by a threshold value of EUR 5,000 per calendar year per PMDR.  The transaction that reaches or exceeds this threshold and all subsequent transactions during the calendar year shall be reported.

 

PDMRs are allowed to trade securities issued by the Company during a 30 day window following the disclosure of quarterly and annual reports and financial statements subject to not using any insider information.  PDMR’s are barred from making short term gains on trades in securities issued by the Company.

SHAREHOLDERS | PDMRs

SHARES HELD BY PDMRS

 

 

 

 

Name, PositionShares Held % Shareholding
Carl Palmstierna, Chairman (Director)3,835,000

9.3%

Jens Lauritzson, Director/CEO
Per Lauritzson, Director/COO
11,585,97228.1%
Claes Kalborg, Director134,2500.3%
Christopher Bergstresser, Director00.0%
Niklas Koresaar, CFO 48,0000.2%
Andreas Mac Mahon, CPO73,750  0.2%
Total 15,692,972 38.2%

 

PDMR RELATED TRANSACTIONS 

For in​formation on Flexion's share (shortname, ISIN, LEI etc.) click here.

 

 

 

 

NamePosition Date of Transaction: Date of Notification to Company: Number of Shares Purchases:Purchase Price per Share:
Palmstierna Invest ABAssociated to Carl Palmstierna (Chairman) 04/07/2018  06/07/201816,980 SEK 8.24
Palmstierna Invest ABAssociated to Carl Palmstierna (Chairman)03/07/2018

06/07/2018

55,020SEK 8.50
Palmstierna Invest ABAssociated to Carl Palmstierna (Chairman) 02/07/201806/07/201828,000SEK 8.32

 

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