14 Mar 2018 15:50
14 March 2018
LEI: 2138005C7REHURGWHW31
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River and Mercantile Group PLC ("the Company")
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NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
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The Company announces that between the 9 March 2018 and 13 March 2018 Hugh Richard Sergeant, a PDMR of the Company, sold 100,000 ordinary shares of 0.003 pence each ('Ordinary Shares') in three tranches as follows:
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· 19,471 Ordinary Shares at a price of 335.22 pence each;
· 15,000 Ordinary Shares at a price of 332.00 pence each; and
· 65,529 Ordinary Shares at a price of 332.00 pence each.
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Following this sale, Mr Sergeant holds 1,121,610 Ordinary Shares representing 1.366% of the total shareholding in the Company and his wife, Ana Sergeant (PCA to Mr Sergeant), holds 100,000 Ordinary Shares in the Company.
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Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.
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For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Sally Buckmaster, Senior Counsel and Group Company Secretary
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1 | Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated | ||||
a) | Name | Hugh Richard Sergeant | |||
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. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 335.22p | 1. 19,471 | ||||
2. 332.00p | 2. 15,000 | ||||
3. 332.00p | 3. 65,529 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 335.22p | 1. 19,471 | 1. ÂŁ65,270.69 | |||
2. 332.00p | 2. 15,000 | 2. ÂŁ49,800.00 | |||
3. 332.00p | 3. 65,529 | 3. ÂŁ217,556.28 | |||
e) | Date of the transaction | 1. 2018-03-09 2. 2018-03-12 3. 2018-03-13 Â | |||
f) | Place of the transaction | London Stock Exchange | |||
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