13 Dec 2019 14:20
13 December 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")
AND OF PERSONS CLOSELY ASSOCIATED ("PCAs")
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PDMR Shareholding
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The Company announces that on 10 December 2019, Mr James John Berry, a PDMR of the Company, transferred:
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(a) 230,000 ordinary shares of 0.003 pence each (each an "Ordinary Shares") to his Self-Invested Personal Pension ("SIPP"); and
(b) 12,500 Ordinary Shares to his Individual Savings Account ("ISA")
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This transfer resulted in no change in the beneficial ownership by Mr Berry of the Ordinary Shares of the Company.Â
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PDMR gifts to children
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Mr Berry, on the same day, gifted 7,900 Ordinary Shares to each of his two children's ISAs, resulting in a total of 15,800 Ordinary Shares being gifted by Mr Berry.
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PCA Shareholding
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The Company announces that on 10 December 2019, Mrs Karen S Berry (PCA to Mr Berry) transferred:
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(a) 4,700 Ordinary Shares to her SIPP; and
(b) 11,600 Ordinary Shares to her ISA.
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This transfer resulted in no change in the beneficial ownership by Mrs Berry of the Ordinary Shares of the Company.Â
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Following the above PDMR and PCA shareholding transactions:
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·; Mr Berry holds 1,341,446 Ordinary Shares representing approximately 1.57% of the total shareholding in the Company.
·; Mrs Berry continues to hold 247,553 Ordinary shares representing approximately 0.29% of the total shareholding in the Company.
·; Together Mr and Mrs Berry hold 1.86% of the total shareholding 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 | 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. Purchase of Ordinary Shares (SIPP) 3. Purchase of Ordinary Shares (ISA) 4. Gift of Ordinary Shares transferred to child for no consideration 5. Gift of Ordinary Shares transferred to child for no consideration. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. ÂŁ2.30 | 1. 258,300 | ||||
2. ÂŁ2.3001 | 2. 230,000 | ||||
 | 3. £2.3001 | 3. 12,500 | |||
 | 4. 0 | 4. 7,900 | |||
5. 0 | 5. 7,900 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. ÂŁ2.30 | 1. 258,300 | 1. ÂŁ594,090.00 | |||
2. ÂŁ2.3001 | 2. 230,000 | 2. ÂŁ529,023.00 | |||
 | 3. £2.3001 | 3. 12,500 | 3. £28,751.25 | ||
 | 4. 0 | 4. 7,900 | 4. 0 | ||
5. 0 | 5. 7,900 | 5. 0 | |||
e) | Date of the transaction | 1. 10 December 2019 2. 10 December 2019 3. 10 December 2019 4. 10 December 2019 5. 10 December 2019 Â | |||
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 | 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. Purchase of Ordinary Shares (SIPP) 3. Purchase of Ordinary Shares (ISA) | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
 | 1. £2.30 | 1. 16,300 | |||
 | 2. £2.3001 | 2. 4,700 | |||
 | 3. £2.3001 | 3. 11,600 | |||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. ÂŁ2.30 | 1. 16,300 | 1. ÂŁ37,490.00 | |||
2. ÂŁ2.3001 | 2. 4,700 | 2. ÂŁ10,810.47 | |||
3. ÂŁ2.3001 | 3. 11,600 | 3. ÂŁ26,681.16 | |||
e) | Date of the transaction | 1. 10 December 2019 2. 10 December 2019 3. 10 December 2019 | |||
f) | Place of the transaction | London Stock Exchange | |||
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