Last checked at 1 Jul 2020 07:00
1 July 2020
Portmeirion Group PLC ('the Company')
PDMR Shareholdings
Portmeirion Group PLC, the designer, manufacturer and worldwide distributor of high quality homewares under the Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé brands, announces that following the publication of the proposed Placing, Subscription and Open Offer announcement (the "Fundraising Announcement") on 10 June 2020, the following PDMRs have each subscribed for, and on 30 June 2020, had issued to them, ordinary shares in the capital of the Company under the terms of the Subscription at the issue price of 380 pence per ordinary share.
Details of each PDMR's participation in the Fundraising and of their beneficial interest in the ordinary share capital of the Company immediately following Admission are set out in the table below. Unless otherwise defined, terms used in this announcement shall have the same meaning as set out in Appendix III of the Fundraising Announcement.
| New shares subscribed for | Total shares beneficially held | % of Enlarged Issued Share Capital |
Mike Raybould | 2,631 | 2,631 | 0.02% |
David Sproston | 1,315 | 1,315 | 0.01% |
Phil Atherton | 1,315 | 17,814 | 0.13% |
Mick Knapper | 1,315 | 3,826 | 0.03% |
Dick Steele | 3,000 | 30,000 | 0.21% |
Angela Luger | 3,947 | 3,947 | 0.03% |
Robert Findler | 1,315 | 1,315 | 0.01% |
For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this Announcement is being made on behalf of the Company by Moira MacDonald, Company Secretary.
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mike Raybould | ||||
2. | Reason for the notification | |||||
a) | Position/status | Chief Executive | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | David Sproston | ||||
2. | Reason for the notification | |||||
a) | Position/status | Group Finance Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Phil Atherton | ||||
2. | Reason for the notification | |||||
a) | Position/status | Group Sales & Marketing Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Mick Knapper | ||||
2. | Reason for the notification | |||||
a) | Position/status | Operations Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Dick Steele | ||||
2. | Reason for the notification | |||||
a) | Position/status | Non-executive Chairman | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Angela Luger | ||||
2. | Reason for the notification | |||||
a) | Position/status | Non-executive Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Robert Findler | ||||
2. | Reason for the notification | |||||
a) | Position/status | PGUK Production Director | ||||
b) | Initial notification/Amendment | Initial Notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Portmeirion Group PLC | ||||
b) | LEI | 213800E9IW8V7ILK8L47 | ||||
3. | 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 | Ordinary Shares of 5 pence each ("Ordinary Shares") | ||||
b) | Identification code | GB0006957293 | ||||
c) | Nature of the transactions | Purchase of shares | ||||
d) | Price(s) and volume(s) |
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e) | Aggregated information - Aggregated volume - Price |
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f) | Date of the transactions | 30 June 2020 | ||||
f) | Place of the transactions | London Stock Exchange, AIM Market (XLON) | ||||
For more information, please contact:
Portmeirion Group PLC Tel: +44 (0) 1782 743 444
Mike Raybould, Chief Executive mraybould@portmeiriongroup.com
David Sproston, Group Finance Director dsproston@portmeiriongroup.com
Hudson Sandler: Tel: +44 (0) 207 796 4133
Dan de Belder ddebelder@hudsonsandler.com
Nick Moore nmoore@hudsonsandler.com
Panmure Gordon: Tel: +44 (0) 207 886 2500
Freddy Crossley / Emma Earl / Joanna Langley Corporate Finance
James Stearns Corporate Broking
N+1 Singer: Tel: +44 (0) 207 496 3000
Peter Steel / Ben Farrow / James Fischer Corporate Finance
Rachel Hayes Corporate Broking