14 Sep 2016 16:47
14 September 2016
Dart Group PLC (the "Company")
PDMR notification
On 13 September, Stephen Heapy, a Director of Dart Group plc, who is considered to be a person discharging managerial responsibilities ("PDMR"), exercised options over 25,000 ordinary shares which were granted under the Dart Group plc Approved Share Option Plan 2005 and the Dart Group plc Unapproved Share Option Plan 2005. Each of the options was granted on 5 August 2005 and has an exercise price of 67.0p per share.
On the same date, Stephen Heapy transferred 25,000 ordinary shares (being the ordinary shares acquired on exercise of such options) to his wife, Tracy Heapy, who is a person closely associated to Stephen Heapy.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Stephen Heapy | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Director, Dart Group Plc | |||||||||
b) | Initial notification/Amendment | This is an initial notification. | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Dart Group Plc | |||||||||
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 | Options over ordinary shares of 1.25 pence nominal value in Dart Group plc. | |||||||||
Identification code | Options over shares with identification code GB00B1722W11 | ||||||||||
b) | Nature of the transaction | i. Exercise of options over 4,944 shares granted pursuant to the Dart Group plc Approved Share Option Plan 2005 on 5 August 2010. ii. Exercise of options over 20,056 shares granted pursuant to the Dart Group plc Unapproved Share Option Plan 2005 on 5 August 2010.
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c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2016-09-13 | |||||||||
f) | Place of the transaction | outside a trading venue. | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Stephen Heapy | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Director, Dart Group Plc | ||||||
b) | Initial notification/Amendment | This is an initial notification. | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Dart Group Plc | ||||||
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 1.25 pence nominal value in Dart Group plc. | ||||||
Identification code | GB00B1722W11 | |||||||
b) | Nature of the transaction | Transfer of 25,000 shares for nil consideration. | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information | N/A - single transaction | ||||||
e) | Date of the transaction | 2016-09-13 | ||||||
f) | Place of the transaction | outside a trading venue. | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Tracy Heapy | ||||
2 | Reason for the notification | |||||
a) | Position/status | Person closely associated (to Stephen Heapy, Director, Dart Group Plc) | ||||
b) | Initial notification/Amendment | This is an initial notification. | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Dart Group Plc | ||||
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 1.25 pence nominal value in Dart Group plc. | ||||
Identification code | GB00B1722W11 | |||||
b) | Nature of the transaction | Receipt of a transfer of 25,000 shares for nil consideration | ||||
c) | Price(s) and volume(s) |
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d) | Aggregated information |
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e) | Date of the transaction | 2016-09-13 | ||||
f) | Place of the transaction | outside a trading venue. | ||||