Last checked at 13 Oct 2016 18:02
Animalcare Group plc (the 'Company')
13 October 2016
Director/PDMR Shareholding / Additional Listing
On 12 October 2016, following option exercises under the Company's EMI Scheme, 90,000 new ordinary shares of 20p each ('Ordinary Shares') have been issued.
Of these, 60,000 shares were allotted to Iain Menneer, the Company's Chief Executive Officer, and 30,000 shares were allotted to Chris Brewster, the Company's Chief Financial Officer. Dr Menneer and Mr Brewster then sold 37,615 Ordinary Shares and 14,785 Ordinary Shares respectively in order to cover their respective costs of exercise and associated tax liabilities.
Both transactions took place on 12 October 2016 and were completed at a price of 280 pence per Ordinary Share.
Following this exercise Dr Menneer now holds 44,501 Ordinary Shares, representing 0.2% and Mr Brewster now holds 28,048 Ordinary Shares representing 0.13%.
Application has been made to the London Stock Exchange for the admission of the 90,000 new Ordinary Shares to trading on AIM. It is expected that admission will become effective and dealings will commence in the new Ordinary Shares on or around 18 October 2016.
Subsequent to admission there will be 21,222,110 Ordinary Shares in issue with voting rights. No shares are held in treasury.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them.
1
| Details of the person discharging managerial responsibilities / person closely associated | |
a)
| Names | Iain Menneer - Chief Executive Officer Chris Brewster - Chief Financial Officer
|
2
| Reason for the notification | |
a)
| Position/status
| See 1(a) above for positions - all classified as PDMRs of the Company |
b)
| Initial notification /Amendment
| Initial Notification |
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
a)
| Name
| Animalcare Group plc |
b)
| LEI |
|
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 |
b) | Identification code
| GB0032350695 |
c)
| Nature of the transactions
| (A) Exercise of options over Ordinary Shares (B) Sale of Ordinary Shares
|
d)
| Price(s) and volume(s) | In respect of (A): Price Exercise price of 167.5 pence per Ordinary Share for Iain Menner Exercise price of 130 pence per Ordinary Share for Chris Brewster Volume(s) Iain Menneer - Options over 60,000 Ordinary Shares Chris Brewster - Options over 30,000 Ordinary Shares In respect of (B): Price - 280 pence per Ordinary Share Volume(s) Iain Menneer - 37,615 Ordinary Shares Chris Brewster - 14,785 Ordinary Shares
|
d)
| Aggregated information - Aggregated volume - Price | N/a
|
e)
| Date of the transactions | 12 October 2016 for all transactions |
f)
| Place of the transaction | In respect of (A): outside a trading venue In respect of (B): London Stock Exchange, AIM Market (XLON) |
Name of authorised official of issuer responsible for making notification.
Chris Brewster
Company Secretary to Animalcare Group plc
For further information, please contact:
Animalcare Group plc Chris Brewster, Chief Financial Officer
| 01904 487453 |
Panmure Gordon (Nominated Adviser & Broker) | |
Freddy Crossley Peter Steel | Tel: 0207 886 2500 Tel: 0113 357 1150 |