Director/PDMR Shareholding

RNS Number : 7987P

AssetCo PLC

22 June 2022

 

22 June 2022

LEI: 213800LFMHKVNTZ7GV45

AssetCo plc ("AssetCo" or the "Company")

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND OF PERSONS CLOSELY ASSOCIATED ("PCA")

Further to the Company's announcement on 15 June 2022 in relation to the completion of the all-share acquisition of River and Mercantile Group PLC by AssetCo (the "Transaction"), the Company announces that it has received notification that the following PDMRs and PCAs have acquired ordinary shares in the Company ("Shares") as a result of their holdings in River and Mercantile Group PLC and the completion of the Transaction.

PDMR	PDMR/PCA holding	Number of Shares acquired as a result of the Transaction	Holdings in Company (post completion of the Transaction)
Mark Butcher	PDMR	1,958	8,854
Tudor Davies	Shares held by Cadoc Limited (PCA to Tudor Davies)	7,392	207,392
Christopher Mills	Shares held by Harwood Capital (PCA to Christopher Mills)	119,886	1,991,386
Campbell Fleming	Shares held by Fleming Flagship Limited (PCA to Campbell Fleming)	1,391	151,391
Alex Hoctor-Duncan	Shares held by Elizabeth Hoctor-Duncan (PCA to Alex Hoctor-Duncan)	13,947	13,947
Jonathan Dawson	Shares held by Anne Rosemary Dawson (PCA to Jonathan Dawson)	7,451	7,451

Formal notifications in respect of the PDMRs and PCAs are set out below in accordance with the requirements of the Market Abuse Regulation.

For further information, please contact:

AssetCo plc Campbell Fleming, CEO Peter McKellar, Deputy Chairman James Thorneley, Head of Communications Tel: [phone]	Numis Securities Limited Nominated adviser and joint broker Stephen Westgate / Charles Farquhar/ Giles Rolls Tel: [phone]
Panmure Gordon (UK) Limited Joint broker Charles Leigh-Pemberton / Atholl Tweedie / Gabriel Hamlyn Tel: [phone]	Maitland/AMO Neil Bennett Rachel Cohen Tel: [phone]

For further details, visit the website,  www.assetco.com

Ticker:   AIM: ASTO.L

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Butcher
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	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.10 each
	Identification code	GB00B42VYZ16
b)	Nature of the transaction	Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company	1,958
d)	Aggregated information
	- Aggregated volume	1,958
	- Price	Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Cadoc Limited
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.10 each
	Identification code	GB00B42VYZ16
b)	Nature of the transaction	Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company	7,392
d)	Aggregated information
	- Aggregated volume	7,392
	- Price	Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Harwood Capital
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.10 each
	Identification code	GB00B42VYZ16
b)	Nature of the transaction	Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company	119,886
d)	Aggregated information
	- Aggregated volume	119,886
	- Price	Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Fleming Flagship Limited
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.10 each
	Identification code	GB00B42VYZ16
b)	Nature of the transaction	Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company	1,391
d)	Aggregated information
	- Aggregated volume	1,391
	- Price	Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Elizabeth Hoctor-Duncan
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.10 each
	Identification code	GB00B42VYZ16
b)	Nature of the transaction	Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company	13,947
d)	Aggregated information
	- Aggregated volume	13,947
	- Price	Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anne Rosemary Dawson
2	Reason for the notification
a)	Position/status	PCA
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.10 each
	Identification code	GB00B42VYZ16
b)	Nature of the transaction	Acquisition of Shares as a consequence of the acquisition of River and Mercantile Group PLC by the Company
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company	7,451
d)	Aggregated information
	- Aggregated volume	7,451
	- Price	Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in River and Mercantile Group PLC were in effect exchanged on a one for 0.07392 basis, for shares in the Company
e)	Date of the transaction	15 June 2022
f)	Place of the transaction	Outside a trading venue

 

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