RNS Number : 1678WAirea PLC13 April 2023

AIREA plc

("AIREA", the "Group" or the "Company")

Director/PDMR Dealings

AIREA plc (AIM: AIEA), theUK design-led specialist flooring company, supplying both the UK and international markets, announces that on 13 April 2023, Mederic Payne, Chief Executive Officer, purchased in aggregate 78,000 ordinary shares of 25 pence each ("Ordinary Shares") at an average price of 36.89 pence per Ordinary Share.

Following these transactions, Mederic Payne's total interest in the Company is 78,000 Ordinary Shares representing 0.19 per cent. of the Company's total issued share capital.

Details of these transactions can be found in the Notification of Dealing Forms below.

- Ends -

For further information please contact:

AIREA plc

Médéric Payne, Chief Executive Officer

Ryan Thomas, Chief Financial Officer

Tel: +44 (0) 192 426 6561

Singer Capital Markets
(Nominated Adviser and Sole Broker)

Peter Steel / Sam Butcher

Tel: +44 (0) 20 7496 3000

Yellow Jersey PR
(Financial media and PR)

Sarah Hollins / Shivantha Thambirajah / Jazmine Clemens

Tel: +44 (0) 20 3004 9512

Notes to Editors

AIREA plc is a UK design-led specialist flooring company, supplying both UK and international markets.  Since 2007, the Group has been focused solely on floor coverings and enjoys a strong and growing brand position within the commercial flooring market.

The Group's core brand Burmatex® is one of the UK's leading designers and manufacturers of commercial carpet tiles and planks. Burmatex® focuses on the design and creation of sustainable innovative flooring solutions to meet the needs of architects, specifiers and contractors with a continuously developing range to suit the education, leisure, commercial, hospitality and public sectors. The brand was acquired by AIREA in 1984.

The Group was admitted to trading on AIM of the London Stock Exchange on 12 December 2007.

For further information, please visit: https://aireaplc.com/.

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mederic Payne

2

Reason for the notification

a)

Position/status

PDMR (Chief Executive Officer)

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

AIREA plc

b)

LEI

213800FNWL76NCLZU343

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

Ordinary shares of 25 pence each



Identification code

GB00BW9PJQ87 



b)

Nature of the transaction

Purchase of Ordinary Shares

c)

Price(s) and volume(s)







Price(s)

Volume(s)




36.89pence

36.89pence

52,000

26,000







d)

Aggregated information

78,000 Ordinary Shares



- Aggregated volume

Average price of 36.89 pence



- Price




e)

Date of the transaction

13 April 2023

f)

Place of the transaction

London Stock Exchange, AIMX

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