5 Dec 2017 13:20
European Wealth Group Limited
("European Wealth" or the "Company")
Director/PDMR Shareholding and Issue of Equity
European Wealth Group Limited (AIM: EWG, EWGL), the integrated wealth management group, announces that on 5 December 2017, Simon Ray, Chief Operating Officer of the Company, exercised options in relation to 146,018 ordinary shares of 5 pence each in the Company ("Ordinary Shares") at a price of 5p per Ordinary Share. Mr Ray now holds 405,354 Ordinary Shares, representing 0.4 per cent. of the issued share capital.
Application has been made to the London Stock Exchange for 146,018 Ordinary Shares, which will rank pari passu with the existing Ordinary Shares, to be admitted to trading on AIM ("Admission"), and it is expected that Admission will occur on or around 6 December 2017. Following Admission Company will have 100,317,338 shares in issue. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in the Company will be 100,317,338. The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules sourcebook.
For further details, please contact:
European Wealth Group Limited | +44 (0)20 7623 2368 |
Marianne Ismail Hugo Evans | |
finnCap Ltd (Nomad and Broker) | +44 (0)20 7220 0500 |
Adrian Hargrave Scott Mathieson Anthony Adams | |
Redleaf Communications | +44 (0)20 7382 4730 |
Emma Kane Robin Tozer |
| Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name: | Simon Ray | ||||
| Reason for the notification | |||||
a) | Position/status: | Chief Operating Officer | ||||
b) | Initial notification/Amendment: | Initial Notification | ||||
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name: | European Wealth Group Limited | ||||
b) | LEI: | 213800DX97OROHY26686 | ||||
| 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: | Ordinary shares of 5 pence per share GG00BKY4K072 | ||||
b) | Nature of the transaction: | Exercise of options | ||||
c) | Price(s) and volume(s): |
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d) | Aggregated information: · Aggregated volume: · Price: | Single transaction as in 4 c) above
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e) | Date of the transaction: | 2017-12-05
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f) | Place of the transaction: | London Stock Exchange | ||||
Kingswood H. (KWG)