13 Nov 2019 14:17
13 November 2019
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC (the "Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Grant of awards under the River and Mercantile Group PLC Deferred Equity Plan (the "DEP").
The Company announces that on 12 November 2019 Sean Breslin, Group General Counsel and Head of Compliance and Frances Fahey, Group Chief Operating Officer, were granted conditional awards of Ordinary Shares in the Company under the DEP.
The number of shares were calculated using a market price of 253.08p per share, being the three-day volume weighted average price for the period 7 November 2019 to 11 November 2019.
PDMR | Number of Shares | Performance period | Performance Condition of Award |
Sean Breslin | 11,858 | 3 years | None |
Frances Fahey | 7,905 | 3 years | None |
Formal notification in respect of the PDMRs is set out below in accordance with the requirements of the Market Abuse Regulation.
Sally Buckmaster
Group Company Secretary
River and Mercantile Group PLC
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a) | Name | Sean Breslin | |||
2
| Reason for the notification
| ||||
a) | Position/status | Group General Counsel and Head of Compliance | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
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 | Ordinary shares of £0.003 pence each | |||
|
| ||||
Identification code | GB00BLZH7X42 | ||||
|
| ||||
b) | Nature of the transaction | Grant of contingent award shares under the River and Mercantile Group PLC Deferred Equity Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
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| Price(s) | Volume(s) |
| |
|
| GBP 0.00 | 11,858 |
| |
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|
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| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 11,858 | ||||
|
| ||||
- Price
| GBP 0.00 | ||||
|
| ||||
e) | Date of the transaction | 12 November 2019 | |||
f) | Place of the transaction | Outside of a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a) | Name | Frances Fahey | |||
2
| Reason for the notification
| ||||
a) | Position/status
| Group Chief Operating Officer | |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
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 | Ordinary shares of £0.003 pence each | |||
|
| ||||
Identification code | GB00BLZH7X42 | ||||
|
| ||||
b)
| Nature of the transaction
| Grant of contingent award shares under the River and Mercantile Group PLC Deferred Equity Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| GBP 0.00 | 7,905 |
| |
|
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|
|
| |
d)
| Aggregated information |
| |||
|
| ||||
- Aggregated volume | 7,905 | ||||
|
| ||||
- Price
| GBP 0.00 | ||||
|
| ||||
e) | Date of the transaction | 12 November 2019 | |||
f) | Place of the transaction | Outside of a trading venue | |||
RIV.L (RIV)