9 Jul 2018 15:52
9 July 2018
Park Group plc
("Park" or "the Company")
Director/PDMR Shareholding and
Total Voting Rights
Park (AIM: PKG.L), the UK's leading gift voucher and prepaid gift card provider, announces that the following Director has been allocated ordinary shares of 2p each ("Ordinary Shares") in accordance with the Company's LTIP scheme.
Individual | Role | Share awards | Shares sold | Resultant holding |
Martin Stewart | Group Finance Director | 30,742 | nil | 1,214,600 |
Application has been made for the admission to AIM ("Admission") of 179,519 new ordinary shares of 2p each in the Company ("Ordinary Shares"), being the total number of shares issued following the award of shares under the Company's LTIP scheme.
The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 13 July 2018.
Following Admission, the Company's enlarged issued share capital will be 185,738,359 Ordinary Shares. This figure of 185,738,359 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information, please contact:
Park Group plc Ian O'Doherty Tel: 0151 653 1700 | Arden Partners plc Steve Douglas Benjamin Cryer Tel: 020 7614 5917 | Tavistock Communications Jeremy Carey Simon Hudson Sophie Praill Tel: 020 7920 3150 |
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Martin Stewart | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Park Group plc | ||||
b)
| LEI
| 213800MQ5U1F8SPHK638 | ||||
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 2p each
ISIN : GB0006710643
| ||||
b)
| Nature of the transaction
| Award of shares under the Company's LTIP scheme. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 9 July 2018 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||