Last checked at 23 Jan 2020 07:00
23 January 2020
Ten Lifestyle Group plc
("Ten" or the "Company")
Director/PDMR Shareholding
Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel service platform for the world's wealthy and mass affluent, announces that it received notification yesterday of the following Director transactions which took place on 22 January 2020.
Director | Position | Ordinary Shares sold | Resultant beneficial shareholding | Resultant beneficial shareholding % of ISC |
Alex Cheatle | Chief Executive Officer | 700,000 | 11,041,684 | 13.69 |
Andrew Long | Chief Operational Officer and Chief Executive Officer (Asia) | 1,000,000 | 3,862,249 | 4.79 |
Sarah Hornbuckle | Client Services Director | 100,000 | 701,483* | 0.87 |
*Includes 44,000 Ordinary Shares held by Sarah's husband, John Harrison.
This denotes the first sale of ordinary shares of 0.1p each in the Company ("Ordinary Shares") made by any Director since the Company's IPO in November 2017. As laid out in the table above, the Directors still have sizeable shareholdings in the Company and remain excited by its future prospects.
The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the sale of the Ordinary Shares.
For further information, please visit https://www.tengroup.com/ or contact:
Ten Lifestyle Group Plc Alex Cheatle, Chief Executive Officer Alan Donald, Chief Financial Officer | via Tavistock +44 (0)20 7479 3427 |
Peel Hunt LLP, Nominated Advisor and Broker Edward Knight George Sellar Nick Prowting
| +44 (0) 20 7418 8900 |
Tavistock, Financial PR & IR Jos Simson Simon Hudson Heather Armstrong | +44 (0) 20 7920 3150 |
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Alex Cheatle | ||||
2 | Reason for the notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ten Lifestyle Group Plc | ||||
b) | LEI | 213800YK94ZUOJUMN686 | ||||
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 0.1p each ("Ordinary Shares") | ||||
Identification code | ISIN: GB00BF188X60 | |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£1.20 | 700,000
| |||||
d)
| Aggregated information | |||||
- Aggregated volume | 700,000 | |||||
- Price | £1.20 | |||||
e) | Date of the transaction | 22 January 2020 | ||||
f) | Place of the transaction | London Stock Exchange (XLON); AIM | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Andrew Long | ||||
2 | Reason for the notification | |||||
a) | Position/status | Group Chief Operational Officer and Chief Executive Officer (Asia) | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ten Lifestyle Group Plc | ||||
b) | LEI | 213800YK94ZUOJUMN686 | ||||
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 0.1p each ("Ordinary Shares") | ||||
Identification code | ISIN: GB00BF188X60 | |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£1.20 | 1,000,000 | |||||
d)
| Aggregated information | |||||
- Aggregated volume | 1,000,000 | |||||
- Price | £1.20 | |||||
e) | Date of the transaction | 22 January 2020 | ||||
f) | Place of the transaction | London Stock Exchange (XLON); AIM | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Sarah Hornbuckle | ||||
2 | Reason for the notification | |||||
a) | Position/status | Client Services Director | ||||
b) | Initial notification /Amendment | Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ten Lifestyle Group Plc | ||||
b) | LEI | 213800YK94ZUOJUMN686 | ||||
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 0.1p each ("Ordinary Shares") | ||||
Identification code | ISIN: GB00BF188X60 | |||||
b) | Nature of the transaction | Sale of Ordinary Shares | ||||
c) | Price(s) and volume(s) | |||||
Price(s) | Volume(s) | |||||
£1.20 | 100,000 | |||||
d)
| Aggregated information | |||||
- Aggregated volume | 100,000 | |||||
- Price | £1.20 | |||||
e) | Date of the transaction | 22 January 2020 | ||||
f) | Place of the transaction | London Stock Exchange (XLON); AIM | ||||