22 Dec 2016 08:00
Richoux Group plc
("Richoux" or the "Company")
Completion of Subscription
On 19 December 2016, the Company announced that it had conditionally raised £1.69 million through a subscription of 6,771,972 new ordinary shares of 4 pence each in the capital of the Company (the "Subscription Shares") at a price of 25 pence per share (the "Subscription").
Further to this announcement, the Company is pleased to confirm the admission to trading of the Subscription Shares on the AIM market of the London Stock Exchange and the receipt of the cash proceeds due from the Subscription.
In accordance with the Market Abuse Regulation, details of the PDMR transactions, as previously announced, are set out below.
22 December 2016
Enquiries:
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | Jonathan Kaye | |
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 participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | Richoux Group plc | |
b) | LEI: | N/a | |
4. | Details of 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: Identification code: | Ordinary Shares of 4 pence each ISIN: GB00B0NYFG99 | |
b) | Nature of the transaction:
| Purchase of Ordinary Shares | |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
25.0p | 1,354,395 | ||
d) | Aggregated volume: Price: | N/a | |
e) | Date of the Transaction: | 22 December 2016 | |
f) | Place of the Transaction: | N/a | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | Medhi Gashi | |
2 | Reason for the notification | ||
a) | Position/Status:
| Executive Director | |
b) | Initial Notification/Amendment:
| Initial Notification | |
3 | Details of the issuer, emission allowance market participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | Richoux Group plc | |
b) | LEI: | N/a | |
4. | Details of 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: Identification code: | Ordinary Shares of 4 pence each ISIN: GB00B0NYFG99 | |
b) | Nature of the transaction:
| Purchase of Ordinary Shares | |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
25.0p | 400,000 | ||
d) | Aggregated volume: Price: | N/a | |
e) | Date of the Transaction: | 22 December 2016 | |
f) | Place of the Transaction: | N/a | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | Salvatore Diliberto | |
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 participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | Richoux Group plc | |
b) | LEI: | N/a | |
4. | Details of 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: Identification code: | Ordinary Shares of 4 pence each ISIN: GB00B0NYFG99 | |
b) | Nature of the transaction:
| Purchase of Ordinary Shares | |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
25.0p | 1,054,394 | ||
d) | Aggregated volume: Price: | N/a | |
e) | Date of the Transaction: | 22 December 2016 | |
f) | Place of the Transaction: | N/a | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name: | The Hon. Robert Rayne | |
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 participation, auction platform, auctioneer or auction monitor | ||
a) | Name: | Richoux Group plc | |
b) | LEI: | N/a | |
4. | Details of 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: Identification code: | Ordinary Shares of 4 pence each ISIN: GB00B0NYFG99 | |
b) | Nature of the transaction:
| Purchase of Ordinary Shares | |
c) | Price(s) and volume(s): | Price(s) | Volume(s) |
25.0p | 1,054,394 | ||
d) | Aggregated volume: Price: | N/a | |
e) | Date of the Transaction: | 22 December 2016 | |
f) | Place of the Transaction: | N/a | |
Richoux Group (RIC)