1 Aug 2018 16:29
Park Group plc
("Park" the "Company" or the "Group")
Issue of Equity
The Company announces that 241,584 new ordinary shares of 2p each in the Company ("Ordinary Shares") have been issued following the exercise of employee share options in connection with the Company's Save As You Earn scheme ("SAYE").
Application has been made for the admission to AIM ("Admission") of 241,584 new Ordinary Shares, being the total number of shares issued following the award of shares under the Company's SAYE scheme.
The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 7 August 2018.
Following Admission, the Company's enlarged issued share capital will be 185,979,943 Ordinary Shares. This figure of 185,979,943 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
For further information please contact:
Park Group plc | Arden Partners plc | Tavistock |
Ian O'Doherty |
Steve Douglas Benjamin Cryer |
Jeremy Carey Sophie Praill |
Tel: 0151 653 1700 |
Tel: 020 7614 5920 |
Tel: 020 7920 3150 |
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Martin Stewart | ||||
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
| Park Group plc | ||||
b)
| LEI
| 213800MQ5U1F8SPHK638 | ||||
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 2p each
ISIN : GB0006710643
| ||||
b)
| Nature of the transaction
| Exercise of options over ordinary shares granted under SAYE scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 1 August 2018 | ||||
f)
| Place of the transaction
| Outside of a trading venue | ||||
APP.L (APP)