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3i Group is an Investment Trust

To provide its shareholders with quoted access to private equity and infrastructure returns, its main focus is on making quoted and unquoted equity and/ or debt investments in businesses and funds in Europe, Asia and the Americas.

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Director/PDMR Shareholding

3 Jun 2020 13:30

RNS Number : 8488O
3i Group PLC
03 June 2020
 

Market Abuse Regulation

 

MAR Article 19

 

On 2 June 2020, 3i Group plc (the "Company") was notified of the following.

 

On 1 June 2020 share awards under the 3i Group Deferred Bonus Plan (the "Plan") held by Simon Borrows, a Director and person discharging managerial responsibilities ("PDMR") vested. On that date 170,718 ordinary shares of 73 19/22p each (ISIN: GB00B1YW4409) in the Company ("Shares") ceased to be subject to restrictions under the Plan.

 

On 1 June 2020 share awards under the Plan held by the PDMRs named in the table below vested. On that date the Shares shown in the column headed "Shares acquired" ceased to be subject to restrictions under the Plan. The Shares shown in the column headed "Shares sold" were sold on 1 June 2020 at a price of 835.52p per share.

 

PDMR

Shares acquired

Shares sold

K J Dunn

61,010

28,745

P J White

314,471

314,471

J S Wilson

74,801

35,240

 

 

 

On 1 June 2020 cash settled awards vesting under the Plan (under which a bonus is paid by reference to a number of notional Shares) held by the PDMRs named in the table below became payable. On that date a bonus became payable in respect of a number of notional Shares shown in the column headed "Notional Shares vesting" based on a value equivalent to 827.6p per share.

 

PDMR

Notional Shares vesting

 

R Collins

6,905

 

P De Jong

18,440

 

P Wirtz

21,837

 

 

On 1 June 2020 Kevin Dunn, a PDMR, acquired for nil cost 19,470 Shares on the release of a share award under the 3i Group Discretionary Share Plan and sold these Shares on the same date at a price of 835.52p per share.

 

The place of these transactions was the London Stock Exchange.

 

Ends 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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