25 Oct 2017 16:58
Impax Asset Management Group plc
Director/PDMR and PCA Shareholding
Impax Asset Management Group plc (the "Company") announces that it has received notifications that the following persons discharging managerial responsibilities and persons closely associated ("PCA") with them have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 4,925,680 shares conducted by Peel Hunt.
Name | Position | Ordinary Shares sold | Price per Ordinary Share | Aggregate value |
Ian Simm | Chief Executive | 450,000 | £1.42 | £639,000.00 |
Charlie Ridge | Chief Finance Officer | 430,000 | £1.42 | £610,600.00 |
Carol Ridge | PCA | 15,940 | £1.42 | £22,634.80 |
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
1. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Ian Simm | ||||
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 | Impax Asset Management Group plc | ||||
b) | LEI | 213800AJDNW4S2B7E680 | ||||
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 financial instrument Identification Code | Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260 | ||||
b) | Nature of the transaction | Exercised options over 450,000 Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | Aggregated volume: 450,000 Aggregated exercise price: 49.6p Aggregated price: n/a
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e) | Date of the transaction | 25 October 2017
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f) | Place of the transaction
| London Stock Exchange
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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 financial instrument Identification Code | Sale of ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260 | ||||
b) | Nature of the transaction | Sold 450,000 Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | Aggregated volume: 450,000 Aggregated price: £1.42 per share Total aggregated price: £639,000.00
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e) | Date of the transaction | 25 October 2017
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f) | Place of the transaction
| London Stock Exchange
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1. | Details of PDMR / person closely associated with them ('PCA') | |||||||||||
a) | Name | Charlie Ridge | ||||||||||
2. | Reason for the notification | |||||||||||
a) | Position / status | Chief Finance Officer | ||||||||||
b) | Initial notification / amendment | Initial notification | ||||||||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||
a) | Name | Impax Asset Management Group plc | ||||||||||
b) | LEI | 213800AJDNW4S2B7E680 | ||||||||||
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 financial instrument Identification Code | Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260 | ||||||||||
b) | Nature of the transaction | Exercised options over 700,000 Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | Aggregated volume: 700,000 Aggregated exercise price: 45.68p Aggregated price: n/a
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e) | Date of the transaction | 25 October 2017
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f) | Place of the transaction
| London Stock Exchange
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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 financial instrument Identification Code | Sale of ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260 | ||||
b) | Nature of the transaction | Sold 430,000 Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | Aggregated volume: 430,000 Aggregated price: £1.42p per share Total aggregated price: £610,600.00
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e) | Date of the transaction | 25 October 2017
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f) | Place of the transaction
| London Stock Exchange
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1. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Carol Ridge | ||||
2. | Reason for the notification | |||||
a) | Position / status | PCA | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Impax Asset Management Group plc | ||||
b) | LEI | 213800AJDNW4S2B7E680 | ||||
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 financial instrument Identification Code | Sale of ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260 | ||||
b) | Nature of the transaction | Sold 15,940 Ordinary Shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | Aggregated volume: 15,940 Aggregated price: £1.42 per share Total aggregated price: £22,634.80
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e) | Date of the transaction | 25 October 2017
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f) | Place of the transaction
| London Stock Exchange
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The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
-ENDS-
Enquiries:
Zack Wilson
Group General Counsel and Company Secretary Tel: + 44 (0) 20 7434 1122 (switchboard)
Impax Asset Management Group plc
Norfolk House, 31 St James's Square,
London, SW1Y 4JR
www.impaxam.com
Anne Gilding Tel: +44 (0) 20 7434 1122 (switchboard)
Head of Brand & Communications Tel: +44 (0) 20 7432 2602 (direct)
Impax Asset Management Group plc Tel: +44 (0) 7881 249612 (mobile)
Norfolk House, 31 St James's Square,
London, SW1Y 4JR Email: a.gilding@impaxam.com
www.impaxam.com
Guy Wiehahn Tel: +44 (0) 20 7418 8893Nominated Adviser and BrokerPeel Hunt LLP
Impax Asset Management (IPX)