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Last checked at 
23 Apr 2019 09:53
The Mission Marketing Group plc
Director Dealing
The Mission Marketing Group plc ("themission", "the Company" or "the Group", AIM: TMMG), announces that James Clifton, as part of his appointment as CEO of the Group on 9 April 2019, received a remuneration package that included an award of ordinary shares of 10 pence each ("Ordinary Shares") in the Company to the value of £25,000 ("Remuneration Shares").
The Remuneration Shares were issued at a price of 64.5p per share, being the daily average closing price for the Company's shares for the five days preceding Mr Clifton's appointment, giving a total of 38,758 Ordinary Shares.
The Remuneration Shares give rise to PAYE and NI liabilities and, as such, Mr Clifton elected to receive such number of Remuneration Shares net-of-tax, being 20,542 Ordinary Shares.
These Remuneration Shares were transferred to Mr Clifton from The Mission Marketing Group Employee Benefit Trust ("EBT") on 23 April 2019.
Following the transfer of the Remuneration Shares, net-of-tax, from the EBT to Mr Clifton, Mr Clifton is interested in 185,655 Ordinary Shares, equal to approximately 0.22% of the issued share capital of the Company.
Following the transfer of shares from the EBT to Mr Clifton, a total of 749,395 Ordinary Shares, representing 0.88 percent of the Company's total voting rights, are held in the EBT.
Enquiries:
David Morgan, Chairman Peter Fitzwilliam, Finance Director The Mission Marketing Group plc |
020 7462 1415 |
Mark Percy / James Thomas (Corporate Advisory) | |
Shore Capital (Nomad and Broker) | 020 7408 4090 |
themission is a network of entrepreneurial marketing communications Agencies employing over 1,000 people in the UK, Asia and US, working together to provide Clients with the expertise and resource to make them more successful in today's dynamic environment.
www.themission.co.uk
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014. The notification below provides further detail.
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| James Clifton | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| The Mission Marketing Group plc | ||||
b)
| LEI
| 213800L567CF3Z6GPZ03 | ||||
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 10 pence each
GB00B11FD453 | ||||
b)
| Nature of the transaction
| Remuneration in lieu of cash | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| Not Applicable - Single Transaction | ||||
e)
| Date of the transaction
| 23 April 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | ||||
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