24 May 2019 12:19
24 May 2019
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 on:
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· 21 May 2019, Mr Kevin Hayes, Chief Financial Officer, and Jack Berry, Director; and
· 23 May 2019, James Barham, Deputy Chief Executive Officer,
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PDMRs of the Company, exercised options, which were granted at 186.53p pursuant to the Company's SAYE Option Scheme, to subscribe for 9,649 ordinary shares of 0.003 pence each ("Shares").
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Following this notification and on the allotment and issue of the Shares:
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· Mr Barham will hold 1,171,496 Ordinary Shares; and
· Mr Berry and Mr Hayes have indicated their intention to each sell 9,649 Shares respectively. This will the subject of a further announcement following such sale.
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Formal notification in respect of the PDMRs 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 Â | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) Â | Name | Kevin Hayes | |||
2  | Reason for the notification  | ||||
a)  | Position/status  | Chief Financial Officer | |||
b) Â | Initial notification /Amendment | Initial notification | |||
3 Â | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) Â | Name | River and Mercantile Group PLC | |||
b) Â | LEI | 2138005C7REHURGWHW31 | |||
4 Â | 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) Â | Nature of the transaction | Exercise of options | |||
c) Â | Price(s) and volume(s) | Â | Â | Â | Â |
 | Price(s) | Volume(s) |  | ||
 | 186.53p | 9,649 |  | ||
 |  |  |  | ||
d) Â | Aggregated information | ||||
- Aggregated volume | See above | ||||
- Price | |||||
e) Â | Date of the transaction | 21 May 2019 | |||
f)  | Place of the transaction  | London Stock Exchange | |||
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1  | Details of the person discharging managerial responsibilities / person closely associated  | ||||
a)  | Name | James Barham  | |||
2 Â | Reason for the notification | ||||
a)  | Position/status  | Deputy Chief Executive Officer | |||
b) Â | Initial notification /Amendment | Initial notification | |||
3 Â | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) Â | Name | River and Mercantile Group PLC | |||
b) Â | LEI | 2138005C7REHURGWHW31 | |||
4 Â | 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) Â | Description of the financial instrument, type of instrument | Ordinary shares of ÂŁ0.003 pence each | |||
Identification code | GB00BLZH7X42 | ||||
b)  | Nature of the transaction   | Exercise of options | |||
c) Â | Price(s) and volume(s) | Â | Â | Â | Â |
 | Price(s) | Volume(s) |  | ||
 | 186.53p | 9,649 |  | ||
 |  |  |  | ||
d) Â | Aggregated information | ||||
- Aggregated volume | See above | ||||
- Price | |||||
e)  | Date of the transaction  | 23 May 2019 | |||
f)  | Place of the transaction  | London Stock Exchange | |||
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1 Â | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)  | Name  | Jack Berry  | |||
2 Â | Reason for the notification | ||||
a) Â | Position/status | Director | |||
b) Â | Initial notification /Amendment | Initial notification | |||
3 Â | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) Â | Name | River and Mercantile Group PLC | |||
b) Â | LEI | 2138005C7REHURGWHW31 | |||
4 Â | 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) Â | Description of the financial instrument, type of instrument | Ordinary shares of ÂŁ0.003 pence each | |||
Identification code | GB00BLZH7X42 | ||||
b)  | Nature of the transaction   | Exercise of options | |||
c) Â | Price(s) and volume(s) | Â | Â | Â | Â |
 | Price(s) | Volume(s) |  | ||
 | 186.53p | 9,649 |  | ||
 |  |  |  | ||
d) Â | Aggregated information | ||||
- Aggregated volume | See above | ||||
- Price | |||||
e) Â | Date of the transaction | 21 May 2019 | |||
f) Â | Place of the transaction | London Stock Exchange | |||
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