24 Apr 2020 09:19
23 April 2020
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTION BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")
The following amendment has been made to the 'Director/PDMR Shareholding' announcement released on 23 April 2020 at 12:29 under RNS No 6808K. All references to '11,749' have been replaced with '11,479'. All other details remain unchanged. The full amended text is shown below.
Grant of options under the River and Mercantile Group PLC Save As You Earn Scheme (the "SAYE Scheme").
The Company announces that James Barham, Tamsin Evans and Sean Breslin, all PDMRs of the Company, elected to participate in the Company's 2020 all employee SAYE Scheme and were each granted 11,479 SAYE Scheme Options.
In accordance with the rules of the SAYE Scheme, eligible employees were invited to subscribe for options ("Options") over the Company's ordinary shares of 0.003 pence each ("Ordinary Shares") which have been granted at an option price of 156.80 pence per Ordinary Share.
The Options were granted on 8 April 2020 for a period of 3 years and are exercisable for a period of six months from the end of SAYE Scheme.
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 director/PDMR | |||
a) | Name | James Barham | ||
2 | Reason for the notification | |||
a) | Position/status | PDMR (Group 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 | 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 Identification code | Ordinary shares of £0.003 pence each GB00BLZH7X42 | ||
b) | Nature of the transaction | 1. Grant of options under River and Mercantile Group PLC SAYE Scheme | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
1. 156.80p | 1. 11,479 | |||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total |
1. NA | NA | NA | ||
e) | Date of the transaction | 8 April 2020 | ||
f) | Place of the transaction | Outside a trading venue | ||
1 | Details of the director/PDMR | |||
a) | Name | Sean Breslin | ||
2 | Reason for the notification | |||
a) | Position/status | PDMR (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 Identification code | Ordinary shares of £0.003 pence each GB00BLZH7X42 | ||
b) | Nature of the transaction | 1. Grant of options under River and Mercantile Group PLC SAYE Scheme | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
1. 156.80p | 1. 11,479 | |||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total |
1. NA | 1. NA | 1. NA | ||
e) | Date of the transaction | 8 April 2020 | ||
f) | Place of the transaction | Outside a trading venue | ||
1 | Details of the director/PDMR | |||
a) | Name | Tamsin Evans | ||
2 | Reason for the notification | |||
a) | Position/status | PDMR (Group Investment Director) | ||
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 Identification code | Ordinary shares of £0.003 pence each GB00BLZH7X42 | ||
b) | Nature of the transaction | 1. Grant of options under River and Mercantile Group PLC SAYE Scheme | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
1. 156.80p | 1. 11,479 | |||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total |
1. NA | 1. NA | 1.NA | ||
e) | Date of the transaction | 8 April 2020 | ||
f) | Place of the transaction | Outside a trading venue | ||
RIV.L (RIV)