10 Dec 2018 14:03
10 December 2018
Impax Asset Management Group plc
Director / PDMR disclosure
Grant of shares
Impax Asset Management Group plc (the "Company") announces that it has awarded grants under the Company's restricted share scheme ("RSS") to the following PDMRs:
PDMR | Number of shares granted under RSS Award | Date of Grant |
Ian Simm | 30,000 | 10 December 2018 |
Charlie Ridge | 20,000 | 10 December 2018 |
One-third of the Shares will vest in three years, a further third will vest in four years and the final third will vest in five years.
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 | Ordinary Shares of 1p each in Impax Asset Management Group plc
IPX GB0004905260 | ||||
b) | Nature of the transaction | Ian Simm has been awarded 30,000 restricted ordinary shares.
One-third of the Shares will vest in three years, a further third will vest in four years and the final third will vest in five years. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price | Aggregated volume: 30,000
Aggregated price: 0p (nil)
Total aggregated price: 0p (nil)
| ||||
e) | Date of the transaction | 10 December 2018
| ||||
f) | Place of the transaction
| Outside of trading venue | ||||
1. | Details of PDMR / person closely associated with them ('PCA') | |||||
a) | Name | Charlie Ridge | ||||
2. | Reason for the notification | |||||
a) | Position / status | Chief Financial 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 | Ordinary Shares of 1p each in Impax Asset Management Group plc
IPX GB0004905260 | ||||
b) | Nature of the transaction | Charlie Ridge has been awarded 20,000 restricted ordinary shares.
One-third of the Shares will vest in three years, a further third will vest in four years and the final third will vest in five years.
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price | Aggregated volume: 20,000
Aggregated price: 0p (nil)
Total aggregated price: 0p (nil)
| ||||
e) | Date of the transaction | 10 December 2018
| ||||
f) | Place of the transaction
| Outside of trading venue | ||||
LEI number: 213800AJDNW4S2B7E680
-ENDS-
Enquiries:
Zack Wilson
Group General Counsel and Company Secretary Tel: +44 (0) 20 3912 3000 (switchboard)
Impax Asset Management Group plc
7th floor, 30 Panton Street
London SW1Y 4AJ
www.impaxam.com
Karen Wagg, Director of Communications Tel: +44 (0) 20 3912 3142
Impax Asset Management Group plc
k.wagg@impaxam.com
Gay Collins/Louis Supple
Montfort Communications Tel: + 44 (0) 7798 626282
Tel: + 44 (0) 20 3770 7914
impax@montfort.london
Guy Wiehahn Tel: +44 (0) 20 7418 8893Nominated Adviser and BrokerPeel Hunt LLP
Impax Asset Management (IPX)