Last checked at 22 Jun 2022 10:34
22 June 2022
LEI: 213800LFMHKVNTZ7GV45
AssetCo plc ("AssetCo" or the "Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND OF PERSONS CLOSELY ASSOCIATED ("PCA")
Further to the Company's announcement on 15 June 2022 in relation to the completion of the all-share acquisition of River and Mercantile Group PLC by AssetCo (the "Transaction"), the Company announces that it has received notification that the following PDMRs and PCAs have acquired ordinary shares in the Company ("Shares") as a result of their holdings in River and Mercantile Group PLC and the completion of the Transaction.
PDMR | PDMR/PCA holding | Number of Shares acquired as a result of the Transaction | Holdings in Company (post completion of the Transaction) |
Mark Butcher | PDMR | 1,958 | 8,854 |
Tudor Davies | Shares held by Cadoc Limited (PCA to Tudor Davies) | 7,392 | 207,392 |
Christopher Mills | Shares held by Harwood Capital (PCA to Christopher Mills) | 119,886 | 1,991,386 |
Campbell Fleming | Shares held by Fleming Flagship Limited (PCA to Campbell Fleming) | 1,391 | 151,391 |
Alex Hoctor-Duncan | Shares held by Elizabeth Hoctor-Duncan (PCA to Alex Hoctor-Duncan) | 13,947 | 13,947 |
Jonathan Dawson | Shares held by Anne Rosemary Dawson (PCA to Jonathan Dawson) | 7,451 | 7,451 |
Formal notifications in respect of the PDMRs and PCAs are set out below in accordance with the requirements of the Market Abuse Regulation.
For further information, please contact:
AssetCo plc Campbell Fleming, CEO Peter McKellar, Deputy Chairman James Thorneley, Head of Communications Tel: +44 (0) 7958 005141 | Numis Securities Limited Nominated adviser and joint broker Stephen Westgate / Charles Farquhar/ Giles Rolls Tel: +44 (0) 20 7260 1000
|
Panmure Gordon (UK) Limited Joint broker Charles Leigh-Pemberton / Atholl Tweedie / Gabriel Hamlyn Tel: +44 (0) 20 7886 2906
| Maitland/AMO Neil Bennett Rachel Cohen Tel: +44 (0) 20 7379 5151
|
For further details, visit the website, www.assetco.com
Ticker: AIM: ASTO.L
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Mark Butcher | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PDMR | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 £0.10 each | |||
Identification code | GB00B42VYZ16 | ||||
b)
| Nature of the transaction
| Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | 1,958 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,958 | ||||
- Price
| Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | ||||
e)
| Date of the transaction
| 15 June 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Cadoc Limited | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 £0.10 each | |||
Identification code | GB00B42VYZ16 | ||||
b)
| Nature of the transaction
| Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | 7,392 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 7,392 | ||||
- Price
| Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | ||||
e)
| Date of the transaction
| 15 June 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Harwood Capital | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 £0.10 each | |||
Identification code | GB00B42VYZ16 | ||||
b)
| Nature of the transaction
| Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | 119,886 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 119,886 | ||||
- Price
| Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | ||||
e)
| Date of the transaction
| 15 June 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Fleming Flagship Limited | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 £0.10 each | |||
Identification code | GB00B42VYZ16 | ||||
b)
| Nature of the transaction
| Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | 1,391 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 1,391 | ||||
- Price
| Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | ||||
e)
| Date of the transaction
| 15 June 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Elizabeth Hoctor-Duncan | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 £0.10 each | |||
Identification code | GB00B42VYZ16 | ||||
b)
| Nature of the transaction
| Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | 13,947 | ||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 13,947 | ||||
- Price
| Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | ||||
e)
| Date of the transaction
| 15 June 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Anne Rosemary Dawson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| PCA | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 £0.10 each | |||
Identification code | GB00B42VYZ16 | ||||
b)
| Nature of the transaction
| Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | 7,451 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | 7,451 | ||||
- Price
| Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company | ||||
e)
| Date of the transaction
| 15 June 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||