Last checked at 10 Jul 2018 14:03
10 July 2018
Impax Asset Management Group plc
Director/PDMR Shareholding
Impax Asset Management Group plc (the "Company") announces that it has today received notifications that the following persons discharging managerial responsibilities have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 3,484,065 shares conducted by Peel Hunt.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Charlie Ridge | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Impax Asset Management Group plc | ||||
b)
| LEI
| 213800AJDNW4S2B7E680 | ||||
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 | Exercise of options over Ordinary Shares of 1p each in Impax Asset Management Group plc | ||||
Identification code | GB0004905260 | |||||
b)
| Nature of the transaction
| Exercised options over 304,000 Ordinary Shares
| ||||
c)
| Price(s) and volume(s) | |||||
Price | Volume | |||||
56.9p | 204,000 | |||||
45.4p | 100,000 | |||||
| ||||||
d)
| Aggregated information | |||||
- Aggregated volume | Aggregated Volume: 304,000 | |||||
Aggregated exercise price: 53.12p | ||||||
- Price | Aggregated price: n/a | |||||
e)
| Date of the transaction
| 10 July 2018
| ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
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 1p each in Impax Asset Management Group plc | ||||
Identification code | GB0004905260 | |||||
b)
| Nature of the transaction
| Sale of 304,000 ordinary shares in the Company
| ||||
c)
| Price(s) and volume(s) | |||||
Price | Volume | |||||
£2.035 | 304,000 | |||||
| ||||||
d)
| Aggregated information | |||||
- Aggregated volume | Aggregated volume 304,000 | |||||
- Price | Aggregated price: £2.035 per share
Total aggregated price: £618,640
| |||||
e)
| Date of the transaction
| 10 July 2018
| ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
-ENDS-
Enquiries
Impax Asset Management Group PLC | www.impaxam.com |
Ian Simm - Chief Executive Officer |
+44 (0) 20 3912 3000 (switchboard) |
Gay Collins /Louis Supple Montfort Communications Email: impax@montfort.london
|
Tel: +44 (0) 7798 626282(mobile) Tel: +44 (0) 20 3770 7914(direct) |
Peel Hunt LLP (Nominated Adviser & Broker) | +44 (0) 20 7418 8900 |
Guy Wiehahn | |
Jock Maxwell Macdonald |