14 Mar 2018 15:50
14 March 2018
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
The Company announces that between the 9 March 2018 and 13 March 2018 Hugh Richard Sergeant, a PDMR of the Company, sold 100,000 ordinary shares of 0.003 pence each ('Ordinary Shares') in three tranches as follows:
· 19,471 Ordinary Shares at a price of 335.22 pence each;
· 15,000 Ordinary Shares at a price of 332.00 pence each; and
· 65,529 Ordinary Shares at a price of 332.00 pence each.
Following this sale, Mr Sergeant holds 1,121,610 Ordinary Shares representing 1.366% of the total shareholding in the Company and his wife, Ana Sergeant (PCA to Mr Sergeant), holds 100,000 Ordinary Shares in the Company.
Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Sally Buckmaster, Senior Counsel and Group Company Secretary
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Hugh Richard Sergeant | |||
2 | Reason for the notification | ||||
a) | Position/status | PDMR | |||
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. Sale of Ordinary Shares. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 335.22p | 1. 19,471 | ||||
2. 332.00p | 2. 15,000 | ||||
3. 332.00p | 3. 65,529 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 335.22p | 1. 19,471 | 1. £65,270.69 | |||
2. 332.00p | 2. 15,000 | 2. £49,800.00 | |||
3. 332.00p | 3. 65,529 | 3. £217,556.28 | |||
e) | Date of the transaction | 1. 2018-03-09 2. 2018-03-12 3. 2018-03-13
| |||
f) | Place of the transaction | London Stock Exchange | |||
RIV.L (RIV)