Last checked at 
27 Jun 2016 09:56
MANCHESTER & LONDON INVESTMENT TRUST PLC - Director/PDMR ShareholdingMANCHESTER & LONDON INVESTMENT TRUST PLC - Director/PDMR Shareholding
PR Newswire
London, June 27
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND CONNECTED PERSONS
| 1. | Name of the issuer: |
| Manchester & London Investment Trust plc | |
| 2. | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006): |
| Disclosure in accordance with (i) above | |
| 3. | Name of person discharging managerial responsibilities/director: |
| Mark Sheppard (Investment Manager) M&M Investment Company Plc (Investment Holding Company) | |
| 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person: |
| Notification re company named in 3 | |
| 5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest: |
| Holding of the Investment Holding Company referred to in 3. | |
| 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares: |
| Ordinary shares of 25p each | |
| 7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them: |
| Pershing Nominees Ltd (MDCLT) | |
| 8. | State the nature of the transaction: |
| Purchase of shares by Investment Holding Company | |
| 9. | Number of shares, debentures or financial instruments relating to shares acquired: |
| (a) 2,500(b) 5,000Total 7,500 | |
| 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage): |
| 0.035% | |
| 11. | Number of shares, debentures or financial instruments relating to shares disposed: |
| N/A | |
| 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage): |
| N/A | |
| 13. | Price per share or value of transaction: |
| £2.3338 £2.34 | |
| 14. | Date and place of transaction: |
| 24 June 2016, Manchester | |
| 15. | Total holding following notification and total percentage holding following notification (any treasury shares of that class should not be taken into account when calculating percentage): 13,653,563 (63.65%) Ordinary shares of 25p each |
| 16. | Date issuer informed of transaction: |
| 24 June 2016 | |
| 17. | Date of grant: |
| N/A | |
| 18. | Period during which or date on which it can be exercised: |
| N/A | |
| 19. | Total amount paid (if any) for grant of the option: |
| N/A | |
| 20. | Description of shares or debentures involved (class and number): |
| N/A | |
| 21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise: |
| N/A | |
| 22. | Total number of shares or debentures over which options held following notification: |
| N/A | |
| 23. | Any additional information: |
| Compliance with Model Code In accordance with Listing Rule 15.5.1 (4), the Company announces that it is satisfied that all inside information which the Directors and the Company may have, once it is in the period leading up to the announcement of its results for the period ended 31 July 2016, will have previously been and will be/continue to be notified via a regulatory information service and, therefore, the dealings referred to in LR 15.5.1 (3) are permitted. | |
| 24. | Name of contact and telephone for queries |
| M K Camp Manchester & London Investment Trust plc Tel: 0161 242 8246 |
Date: 27 June 2016