Last checked at 7 Apr 2020 17:00
The Mission Group plc
Director/ PDMR Notifications pursuant to the Growth Share Scheme
The Mission Group plc ("MISSION", "the Company" or "the Group", AIM: TMG), the alternative group for ambitious brands, announces that pursuant to the Growth Share Scheme ("Scheme") details of which were announced on 19 January 2017, 22 February 2017 and 4 June 2019, the Board has received put notices ("Put Notices") to exchange, in aggregate, 5,434,162 A Shares into, in aggregate, 5,434,162 new ordinary shares of 10p each in the capital of the Company ("New Ordinary Shares") from, inter alia, the PDMRs listed below. Following the receipt of a Put Notice, the Company has 20 business days to issue the New Ordinary Shares and make application for those shares to be admitted to trading on AIM.
Following the issue of the New Ordinary Shares, there will be 90,729,727 Ordinary Shares in issue. The interest of each PDMR following the satisfaction of their Put Notice will be as follows:
Director | Put options exercised | Total holding | Percentage of enlarged issued share capital |
Dylan Bogg | 286,009 | 1,798,999 | 2.0% |
James Clifton | 572,017 | 771,541 | 0.9% |
Robert Day | 572,017 | 5,725,541 | 6.3% |
Peter Fitzwilliam | 572,017 | 1,284,226 | 1.4% |
Julian Hanson-Smith | 171,605 | 171,605 | 0.2% |
Giles Lee | 572,017 | 1,341,156 | 1.5% |
David Morgan | 572,017 | 6,725,121 | 7.4% |
Sue Mullen | 286,009 | 1,377,192 | 1.5% |
Fiona Shepherd | 572,017 | 1,588,874 | 1.8% |
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
THE MISSION GROUP PLC James Clifton, Chief Executive Peter Fitzwilliam, Chief Financial Officer
| Tel: 020 7462 1415 |
SHORE CAPITAL (Nomad and Broker) Mark Percy / James Thomas/ Sarah Mather
| Tel: 020 7408 4090 |
HOUSTON (Financial PR and Investor Relations) Kate Hoare / Laura Stewart | Tel: 0203 760 7668 |
MISSION is a collective of creative Agencies. Employing 1,150 people in the UK, Europe, Asia and US, the Group combines the expertise of Integrated and Specialist Agencies to bring commercially effective solutions to business challenges.
Founded as a cooperative of like-minded entrepreneurs, MISSION has built an impressive track record. The Group has grown revenue and profit each year for the last nine years, winning prestigious and progressively bigger business across its blue-chip Client base and acquiring new Agencies with fantastic reputations, expanding its service capability even further.
In addition to the Group's creative Agencies sits Fuse, MISSION's central innovation hub through which the Group has successfully trialled and developed a number of emerging technologies. Many of these have been grown into successful commercial products that not only bring value to the MISSION family of Agencies, but which have been successfully able to realise market value at sale.
www.themission.co.uk
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
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a)
| Name
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2
| Reason for the notification | |||||||||||||||||||||||||||||||
a)
| Position/status
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b)
| Initial notification /Amendment
| 6 April 2020 | ||||||||||||||||||||||||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
| Name
| The Mission 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
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a)
| Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 10 pence each
GB00B11FD453 | ||||||||||||||||||||||||||||||
b)
| Nature of the transaction
| Pursuant to the Growth Share Scheme, A shares were exchanged for Ordinary shares | ||||||||||||||||||||||||||||||
c)
| Price(s) and volume(s)
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d)
| Aggregated information
- Aggregated volume
- Price
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4,175,725
Nil price | ||||||||||||||||||||||||||||||
e)
| Date of the transaction
| 6 April 2020 | ||||||||||||||||||||||||||||||
f)
| Place of the transaction
| London Stock Exchange, AIM Market (XLON) | ||||||||||||||||||||||||||||||