10 Oct 2018 14:20
10 October 2018
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
AND OF PERSONS CLOSELY ASSOCIATED ("PCAs")
PDMR Shareholding
The Company announces Mr James John Berry, a PDMR of the Company:
· sold 1,063,269 ordinary shares of 0.003 pence each ('Ordinary Shares') on 5 October 2018 at a price of £3.00 per Ordinary Share; and
· received 7,244 Ordinary Shares as a gift from Mrs Berry and then transferred these Ordinary Shares to his Individual Savings Account on 8 October 2018.
PCA Shareholding
The Company further announces that Mrs Karen S Berry (PCA to Mr Berry):
· sold 286,731 Ordinary Shares on 5 October 2018 at a price of £3.00 per Ordinary Share;
· transferred 6,987 Ordinary Shares to her Individual Savings Account on 8 October 2018 (this transfer resulted in a change in legal ownership only); and
· on 8 October 2018 gifted:
o 7,244 Ordinary Shares to Mr Berry;
o 4,872 Ordinary Shares to her daughter Megan; and
o 4,872 Ordinary Shares to her daughter Kayleigh.
Following the above PDMR and PCA shareholding transactions:
· Mr Berry holds 594,594 Ordinary Shares representing approximately 0.72% of the total shareholding in the Company.
· Mrs Berry holds 247,553 Ordinary shares representing approximately 0.30% of the total shareholding in the Company.
· Together Mr and Mrs Berry hold 1.02% of the total shareholding in the Company.
Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Sally Buckmaster, Senior Counsel and Group Company Secretary
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | James John Berry | |||
2 | Reason for the notification | ||||
a) | Position/status | PDMR | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
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 Identification code | Ordinary shares of £0.003 pence each
GB00BLZH7X42
| |||
b) | Nature of the transaction | 1. Sale of Ordinary Shares 2. Receipt of gift of Ordinary Shares at book value 3. Sale of Ordinary Shares 4. Purchase of Ordinary Shares (ISA). | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 300.00p | 1. 1,063,269 | ||||
2. 300.00p | 2. 7,244 | ||||
| 3. 300.00p | 3. 7,244 | |||
| 4. 300.01p | 4. 7,244 | |||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 300.00p | 1. 1,063,269 | 1. £3,189,807.00 | |||
2. 300.00p | 2. 7,244 | 2. £21,732.00 | |||
| 3. 300.00p | 3. 7,244 | 3. £21,732.00 | ||
| 4. 300.01p | 4. 7,244 | 4. £21,739.24 | ||
e) | Date of the transaction | 1. 2018-10-05 2. 2018-10-08 3. 2018-10-08 4. 2018-10-08
| |||
f) | Place of the transaction | London Stock Exchange | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Karen S Berry | |||
2 | Reason for the notification | ||||
a) | Position/status | PCA | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
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 Identification code | Ordinary shares of £0.003 pence each
GB00BLZH7X42
| |||
b) | Nature of the transaction | 1. Sale of Ordinary Shares. 2. Sale of Ordinary Shares. 3. Purchase of Ordinary Shares (ISA). 4. Gift of Ordinary Shares transferred to husband (PDMR) at book value 5. Gift of Ordinary Shares transferred to daughter at book value. 6. Gift of Ordinary Shares transferred to daughter at book value. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 300.00p | 1. 286,731 | ||||
2. 300.00p | 2. 6,987 | ||||
3. 300.01p | 3. 6,987 | ||||
4. 0 | 4. 7,244 | ||||
5. 0 | 5. 4,872 | ||||
6. 0 | 6. 4,872 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 300.00p | 1. 286,731 | 1. £860,193.00 | |||
2. 300.00p | 2. 6,987 | 2. £20,961.00 | |||
3. 300.01p | 3. 6,987 | 3. £20,967.99 | |||
4. 0 | 4. 7,244 | 4. 0 | |||
5. 0 | 5. 4,872 | 5. 0 | |||
6. 0 | 6. 4,872 | 6. 0 | |||
e) | Date of the transaction | 1. 2018-10-05 2. 2018-10-08 3. 2018-10-08 4. 2018-10-08 5. 2018-10-08 6. 2018-10-08 | |||
f) | Place of the transaction | London Stock Exchange | |||