Papillon Holdings PLC : Director/PDMR Shareholding

29 June 2016

Director dealing

Papillon holdings plc ("Papillon" or the "Company") the investment company formed to undertake an acquisition of a target company or business in the industrial and service sectors was advised on 28 June 2016 of dealings in the ordinary shares of £0.001 each in the share capital of the Company ("Ordinary Shares") by Mr James Longley, the Chief Financial Officer of Papillon.

4,950,000 Ordinary Shares were sold by Mr Longley at a price of 1.05 pence on 28 June 2016 and 4,950,000 Ordinary Shares were bought by IPM Pension Trustees Limited (James TC Longley SIPP) at a price of 1.0506 pence on 28 June 2016.

Furthermore 1,430,000 Ordinary Shares were sold by Mr Longley at a price of 1.05 pence on 28 June 2016 and 1,430,000 Ordinary Shares were bought his ISA with Hargreaves Lansdown at a price of 1.05208 pence on 28 June 2016.

Following the transactions detailed above, Mr Longley's beneficial holding of 35,000,000 Ordinary Shares remains unchanged and this holding represents approximately 26.44 per cent. of the Company's issued share capital.

Contact details:

Papillon Holdings plc
Charles Tatnall, Director Tel: +44 (0) 20 8720 9323
Alfred Henry Corporate Finance Ltd 
Jon Isaacs Tel: 020 7309 2242



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Source: Papillon Holdings PLC via GlobeNewswire