4 Feb 2020 14:55
The Ince Group plc
("Ince" or the "Company")
PDMR and AIM Rule 17 notifications
The Company announces, further to the announcement made on 3 February 2020, that the following persons discharging managerial responsibilities (PDMRs) for the purposes of Article 19 of the Market Abuse Regulation (EU 596/2014) participated in the Placing, Open Offer and/or Staff Offer (the "Fundraising").
PDMR | Number of shares subscribed for under the Fundraising | Number of ordinary shares held post-Fundraising | Percentage of enlarged share capital held |
Adrian Biles & John Biles jointly held | 3,333,333 | 3,333,333 | 4.9% |
Christopher Yates | 444,444 | 1,020,541 | 1.5% |
Anthony Edwards | 44,444 | 77,821 | 0.1% |
John Biles | 555,556 | 1,537,970 | 2.2% |
Nick Goldstone | 120,125 | 151,111 | 0.2% |
Ian Hopkins | 4,000 | 4,000 | 0.0% |
Paul Ho | 36,000 | 36,000 | 0.1% |
Mark Tantam | 2,200 | 352,200 | 0.5% |
Post this transaction, Adrian Biles and persons closely associated with him are interested in 10,943,997 ordinary shares, representing 16.0 per cent. of the Company's voting rights and John Biles and persons closely associated with him are interested in 4,871,303 ordinary shares, representing 7.1 per cent. of the Company's voting rights.
Adrian Biles and John Biles are significant shareholders of the Company in respect of which disclosure of changes to their respective holdings as a result of the Fundraising to the percentages set out above is made for the purposes of AIM Rule 17.
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 | Adrian Biles (CEO) Anthony Edwards (Non-Executive Chairman) Christopher Yates (CFO) Ian Hopkins (Regional Director) John Biles (Head of Finance and Administration) Nick Goldstone (Joint London Managing Partner) Paul Ho (Head of China) Mark Tantam (Global Head of Consulting)
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2 | Reason for the notification | ||||||||||||||||||||||||||||
a) | Position/status | See 1 a) above | |||||||||||||||||||||||||||
b) | Initial notification/ Amendment | Initial Notification | |||||||||||||||||||||||||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||||||||||||
a) | Name | The Ince Group plc | |||||||||||||||||||||||||||
b) | LEI | 2138005A5XOTI2MHP510 | |||||||||||||||||||||||||||
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 Identification code | Ordinary Shares ESVUFR ISIN GB00BZBY3Y09
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b) | Nature of the transactions | Subscription for new ordinary shares pursuant to the Placing, the Open Offer and/or the Staff Offer | |||||||||||||||||||||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price |
4,540,102 £2,043,045.90 | |||||||||||||||||||||||||||
e) | Date of the transaction | 4 February 2020 | |||||||||||||||||||||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | |||||||||||||||||||||||||||