1 May 2018 16:06
1 May 2018
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
The Company announces that Mr Kevin Hayes, a PDMR of the Company, purchased 8,000 ordinary shares of 0.003 pence each ('Ordinary Shares') at a price of 310p on Friday, 27 April 2018 and a further 24,110 Ordinary Shares at a price of 309p on Monday, 30 April 2018.
Following this purchase, Mr Hayes holds 284,975 Ordinary Shares representing 0.34% 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
| Kevin Hayes
| |||||
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 | Ordinary shares of £0.003 pence each
| |||||
Identification code | GB00BLZH7X42 | ||||||
b)
| Nature of the transaction
| 1. Purchase of Ordinary Shares. 2. Purchase of Ordinary Shares. | |||||
c)
| Price(s) and volume(s) | ||||||
Price(s) | Volume(s) | ||||||
1. 310.00p | 1. 8,000 | ||||||
2. 309.00p | 2. 24,110 | ||||||
d)
| Aggregated information | ||||||
Price | Volume | Total | |||||
- Aggregated volume | 1. 310.00p | 1. 8,000 | 1. £24,800.00 | ||||
- Price | 2. 309.00p | 2. 24,110 | 2. £74,499.90 | ||||
e)
| Date of the transaction
| 1. 2018-04-27 2. 2018-04-30 | |||||
f)
| Place of the transaction
| London Stock Exchange | |||||