22 Nov 2019 18:24
Â
Â
22 November 2019
Â
Dart Group PLC
(the "Company")
Â
Director/PDMR Shareholding
Â
Dart Group PLC, the Leisure Travel and Distribution & Logistics group, announces that Philip Meeson, Executive Chairman of the Company, has on 21 November 2019 sold 685,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares"), and on 22 November 2019 sold 315,000 Ordinary Shares, at average prices of £14.3178 and £13.5834 per Ordinary Share respectively.
Â
Following this transaction, Philip Meeson is interested in a total of 54,040,000 Ordinary Shares, representing 36.29% of the Company's issued ordinary share capital.
Â
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further details.
Â
Â
Â
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
Â
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Philip Meeson | |
2 | Reason for the notification | ||
a) | Position/status | Executive Chairman | |
b) | Initial notification/Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Dart Group PLC Â | |
b) | LEI | I72RQ3PNLDPW8R7JIJ56 | |
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 1.25p each | |
 | Identification code | GB00B1722W11 | |
b) | Nature of the transaction | Sale of ordinary shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£14.3178 | 685,000 | ||
d) | Aggregated information | Â | |
 | Aggregated volume | 685,000 | |
 | Price | £14.3178 | |
e) | Date of the transaction | 21 November 2019 | |
f) | Place of the transaction | AIMX | |
Â
Â
1 | Details of the person discharging managerial responsibilities / person closely associated | ||
a) | Name | Philip Meeson | |
2 | Reason for the notification | ||
a) | Position/status | Executive Chairman | |
b) | Initial notification/Amendment | Initial notification | |
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Dart Group PLC Â | |
b) | LEI | I72RQ3PNLDPW8R7JIJ56 | |
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 1.25p each | |
 | Identification code | GB00B1722W11 | |
b) | Nature of the transaction | Sale of ordinary shares | |
c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
£13.5834 | 315,000 | ||
d) | Aggregated information | Â | |
 | Aggregated volume | 315,000 | |
 | Price | £13.5834 | |
e) | Date of the transaction | 22 November 2019 | |
f) | Place of the transaction | AIMX | |
Â
Â
For further information please contact:
Â
Dart Group PLC Philip Meeson, Executive Chairman Gary Brown, Group Chief Financial Officer  | 0113 239 7817  |
Cenkos Securities plc Nominated Adviser Katy Birkin / Azhic Basirov  | 020 7397 8900 |
Canaccord Genuity Joint Broker Adam James  | 020 7523 8000 |
Arden Partners Joint Broker Tom Price / Simon Johnson  |  020 7614 5900 |
Buchanan Financial PR Richard Oldworth  | 020 7466 5000 |
Â
Â