Fulcrum Utility Services Limited – Director/PDMR Shareholding

Fulcrum Utility Services Limited

(“Fulcrum” or the “Company”)

PCA Dealings

The Company announces that Bayford Group, a PCA to Jonathan Turner, Non-Executive Director, purchased 1,400,000 ordinary shares of 0.1 pence each in the capital of the Company (“Ordinary Shares”) at a price of 34p per share and a further 250,000 Ordinary Shares at a price of 33.94p per share.

Following these purchases, the Bayford Group and its connected parties (controlled by Jonathan Turner) are beneficially interested in 34,348,981 Ordinary Shares, representing approximately 15.5 per cent. of the Company's issued share capital.

The Company makes the following disclosures in accordance with article 19(3) of the Market Abuse Regulation:

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Bayford Group

2

Reason for the notification

a)

Position/status

a Person Closely Associated (PCA) with Jonathan Turner, Non-Executive Director of the Company

b)

Initial notification / amendment

Initial

3

 

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

a)

Name

Fulcrum Utility Services Limited

b)

LEI

213800UOG45CW6KZY620

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 0.1p each

 

ISIN: KYG368851047

b)

 

Nature of the transaction

 

Purchase of ordinary shares

c)

 

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Date

34p per share

1,400,000

5 March 2021

33.94p per share

250,000

8 March 2021

 

d)

Aggregated information

– Aggregated volume

– Price

 

VWAP of 33.98p

 

e)

Date of the transaction

5 and 8 March 2021

f)

Place of the transaction

London Stock Exchange

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