Last checked at 1 Dec 2016 08:20
Young & Co.’s Brewery, P.L.C. (the “Company”)
Profit sharing scheme – pre-retirement releases of shares – and related notifications
Circumstances giving rise to the notifications
Further to the Company’s announcement made on 14 November 2016 (regarding a prospective release to up to 72 current and former employees of all or the vast majority of the 499,348 A ordinary shares of 12.5p each in the Company’s capital allocated to them under the Company’s profit sharing scheme), the Company confirms that today, 1 December 2016, 372,284 of those shares are being released to 37 of the individuals concerned. 60,788 of the shares, broken down as follows, are being released to three of the Company’s current directors:
Patrick Dardis, Chief Executive 6,696 Torquil Sligo-Young, Information Resources Director 31,412 Stephen Goodyear, Non-Executive Director 22,680Notifications
In connection with the above, the Company today received the following notifications:
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 372,284 A ordinary shares from the Ram Brewery Trust II for nil consideration. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
nil 372,284 | |||
| d) | Aggregated information - Aggregated volume - Price |
372,284 nil | |||
| e) | Date of the transaction | 1 December 2016; 07:07 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Patrick Dardis:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Patrick Dardis | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Executive | |||
| 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 | Receipt of 6,696 A ordinary shares from the Ram Brewery Trust II for nil consideration pursuant to a release of the same from the issuer’s profit sharing scheme. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
nil 6,696 | |||
| d) | Aggregated information - Aggregated volume - Price |
6,696 nil | |||
| e) | Date of the transaction | 1 December 2016; 07:07 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Torquil Sligo-Young:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Torquil Charles fflorance Barrow Sligo-Young | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Information Resources Director | |||
| 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 | Receipt of 31,412 A ordinary shares from the Ram Brewery Trust II for nil consideration pursuant to a release of the same from the issuer’s profit sharing scheme. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
nil 31,412 | |||
| d) | Aggregated information - Aggregated volume - Price |
31,412 nil | |||
| e) | Date of the transaction | 1 December 2016; 07:07 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Stephen Goodyear:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Stephen Goodyear | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Non-Executive Director | |||
| 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 | Receipt of 22,680 A ordinary shares from the Ram Brewery Trust II for nil consideration pursuant to a release of the same from the issuer’s profit sharing scheme. | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
nil 22,680 | |||
| d) | Aggregated information - Aggregated volume - Price |
22,680 nil | |||
| e) | Date of the transaction | 1 December 2016; 07:07 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
Anthony Schroeder
Company Secretary
Thursday, 1 December 2016
Tel: 020 8875 7000
View source version on businesswire.com: http://www.businesswire.com/news/home/20161201005525/en/
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