5 Feb 2019 16:02
Joules Group plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Joules Group plc ("Joules" or the "Company") announces today that Tom Joule, the Founder and Chief Brand Officer of the Company, has transferred nine million ordinary shares of 1p each in the capital of the Company ("Ordinary Shares") equally into five discretionary trusts. His voting control in the Company remains unchanged at 28,147,210 Ordinary Shares (32.07%).
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
| Details of the person discharging managerial responsibilities/person closely associated | |||||||||||||||||||
a) | Name: | Tom Joule | ||||||||||||||||||
2 | Reason for the notification | |||||||||||||||||||
a) | Position/status: | Director | ||||||||||||||||||
b) | Initial notification/Amendment: | Initial notification | ||||||||||||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||||||||
a) | Name: | Joules Group plc | ||||||||||||||||||
b) | LEI: | 213800BNGLSIPD111Y68 | ||||||||||||||||||
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: | Ordinary shares of 1p each in the capital of Joules Group plc ("Ordinary Shares") ISIN GB00BZ059357 | ||||||||||||||||||
b) | Nature of the transaction: | Transfer of nine million Ordinary Shares by Tom Joule, equally to five discretionary trusts: Tom Joule Discretionary Trust 2018/1 Tom Joule Discretionary Trust 2018/2 Tom Joule Discretionary Trust 2018/3 Tom Joule Discretionary Trust 2018/4 Tom Joule Discretionary Trust 2018/5
Tom Joule's voting control in Joules Group plc remains unchanged.
| ||||||||||||||||||
c) | Price(s) and volume(s): |
| ||||||||||||||||||
d) | Aggregated information: · Aggregated volume: · Price: |
9 million Ordinary Shares 270 pence
| ||||||||||||||||||
e) | Date of the transaction: | 1 February 2019 | ||||||||||||||||||
f) | Place of the transaction: | Off market transaction | ||||||||||||||||||
Enquiries:
Joules Group plc | Tel: +44 (0) 1858 435 255 |
Colin Porter, CEO Marc Dench, CFO
| |
Hudson Sandler (Financial PR) | Tel: +44 (0) 20 7796 4133 |
Alex Brennan Lucy Wollam
| |
Peel Hunt LLP, Nominated Advisor | Tel: +44 (0) 20 7418 8900 |
Dan Webster George Sellar Guy Pengelley
| |
Liberum Capital Limited | Tel: +44 (0) 20 3100 2000 |
John Fishley Joshua Hughes
|
JOUL.L (JOUL)