27 Jul 2016 11:42
MANCHESTER & LONDON INVESTMENT TRUST PLC - Director/PDMR ShareholdingMANCHESTER & LONDON INVESTMENT TRUST PLC - Director/PDMR Shareholding
PR Newswire
London, July 27
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND CONNECTED PERSONS
| 1. | Name of the issuer: |
| Manchester & London Investment Trust plc | |
| 2. | State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006): |
| Disclosure in accordance with (i) above | |
| 3. | Name of person discharging managerial responsibilities/director: |
| Mark Sheppard (Investment Manager) M&M Investment Company Plc (Investment Holding Company) | |
| 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person: |
| Notification re company named in 3 | |
| 5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest: |
| Holding of the Investment Holding Company referred to in 3. | |
| 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares: |
| Ordinary shares of 25p each | |
| 7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them: |
| Pershing Nominees Ltd (MDCLT) | |
| 8. | State the nature of the transaction: |
| Sale of shares by Investment Holding Company | |
| 9. | Number of shares, debentures or financial instruments relating to shares acquired: |
| N/A | |
| 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage): |
| N/A | |
| 11. | Number of shares, debentures or financial instruments relating to shares disposed: |
| 100,000 | |
| 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage): |
| 0.46% | |
| 13. | Price per share or value of transaction: |
| £2.84 | |
| 14. | Date and place of transaction: |
| 26 July 2016, Manchester | |
| 15. | Total holding following notification and total percentage holding following notification (any treasury shares of that class should not be taken into account when calculating percentage): 13,553,563 (62.94%) Ordinary shares of 25p each |
| 16. | Date issuer informed of transaction: |
| 26 July 2016 | |
| 17. | Date of grant: |
| N/A | |
| 18. | Period during which or date on which it can be exercised: |
| N/A | |
| 19. | Total amount paid (if any) for grant of the option: |
| N/A | |
| 20. | Description of shares or debentures involved (class and number): |
| N/A | |
| 21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise: |
| N/A | |
| 22. | Total number of shares or debentures over which options held following notification: |
| N/A | |
| 23. | Name of contact and telephone for queries: James Poole, Capita Asset Services 0344 3911 926 |
Date: 27 July 2016
Manchester&lon. (MNL)