8 Mar 2016 09:25
CITY MERCHANTS HIGH YIELD TRUST LIMITED - Director/PDMR ShareholdingCITY MERCHANTS HIGH YIELD TRUST LIMITED - Director/PDMR Shareholding
PR Newswire
London, March 8
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).
(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8,13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.
Please complete all relevant boxes should in block capital letters.
| 1. | Name of the issuer | 2. | State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) |
| City Merchants High Yield Trust Limited | (i) | ||
| 3. | Name of person discharging managerial responsibilities/director | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person |
| Philip Taylor | N/A | ||
| 5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest[1] | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares |
| Notification is in respect of the Director named in 3 above | Ordinary Shares | ||
| 7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them | 8 | State the nature of the transaction |
| Pont Marquet Investments Limited | Purchase | ||
| 9. | Number of shares, debentures or financial instruments relating to shares acquired | 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) |
| 1,178 ordinary | 0.001% | ||
| 11. | Number of shares, debentures or financial instruments relating to shares disposed | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) |
| N/A | N/A | ||
| 13. | Price per share or value of transaction | 14. | Date and place of transaction |
| £1.7226 per share | 8 March 2016 | ||
| 15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) | 16. | Date issuer informed of transaction |
| 182,657 0.2% | 8 March 2016 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
| 17 | Date of grant | 18. | Period during which or date on which it can be exercised |
| N/A | N/A | ||
| 19. | Total amount paid (if any) for grant of the option | 20. | Description of shares or debentures involved (class and number) |
| N/A | N/A | ||
| 21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise | 22. | Total number of shares or debentures over which options held following notification |
| N/A | N/A | ||
| 23. | Any additional information | 24. | Name of contact and telephone number for queries |
| N/A | Nira Mistry– 0203 753 0691 |
| Name and signature of duly authorised officer of issuer responsible for making notification Nira Mistry Date of notification 8 March 2016 |