Last checked at 26 Jan 2017 09:21
Young & Co.’s Brewery, P.L.C. (the “Company”)
Profit sharing scheme – further pre-retirement release of shares – and related notification
Circumstances giving rise to the notification
Further to the Company’s announcements made on 14 November and 1 December 2016 (relating to the release of all or the vast majority of the 499,348 A ordinary shares of 12.5p each in the Company’s capital allocated to 72 current and former employees under the Company’s profit sharing scheme), the Company reports that today, 26 January 2017, a further 69,888 of those shares are being released to 13 of the individuals concerned. This now leaves 57,176 shares, allocated to 22 current or former employees, still in the scheme.
Notification
In connection with the above, the Company today received the following notification:
From RBT II Trustees Ltd:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | RBT II Trustees Ltd | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | This notification concerns a person closely associated with a person discharging managerial responsibilities. The person discharging managerial responsibilities is Torquil Charles fflorance Barrow Sligo-Young, the issuer’s Information Resources Director. The association arises by virtue of Mr. Sligo-Young being the chairman of the board of two directors of RBT II Trustees Limited. | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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 | A ordinary shares of 12.5p each in the issuer’s capital
GB00B2NDK765 | |||
| b) | Nature of the transaction | In connection with the issuer’s profit sharing scheme, the release of 69,888 A ordinary shares from the Ram Brewery Trust II for nil consideration. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
Nil 69,888
| |||
| d) | Aggregated information - Aggregated volume - Price |
69,888 nil | |||
| e) | Date of the transaction | 26 January 2017; 08:33 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
Anthony Schroeder
Company Secretary
Thursday, 26 January 2017
Tel: 020 8875 7000
View source version on businesswire.com: http://www.businesswire.com/news/home/20170126005431/en/
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