Exercise of Options, Director/PDMR Dealing & TVR

RNS Number : 5522B

Belvoir Group PLC

10 June 2021

 

BELVOIR GROUP PLC

(the "Company", the "Group" or "Belvoir")

Exercise of Options

Director/PDMR Dealing

and

Total Voting Rights

Belvoir Group plc (AIM: BLV), a leading UK property franchise group, announces that it has allotted 1,005,321 new ordinary shares of 1p each ("Ordinary Shares") following the exercise of share options under the Company's EMI, LTIP and CSOP share option schemes by certain PDMRs (together the "Exercising PDMRs"), as well as other Group employees.

Further to the exercise of such options the Exercising PDMRs have sold, in aggregate, 707,396 Ordinary Shares arising from such exercise at a price of 230 pence per Ordinary Share as set out below:

Director/PDMR	Current holding of Ordinary Shares	Options exercised	Ordinary Shares sold	Resultant holding of Ordinary Shares	% of TVR
Dorian Gonsalves	483,595	200,000	200,000	483,595	1.3%
Louise George	56,607	515,782	244,857	327,532	0.9%
Mark Newton	435,507	171,927	171,927	435,507	1.2%
Ian Maclean	0	90,612	90,612	0	0.0%

Application has been made to the London Stock Exchange for the 1,005,321   new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 16 June 2021.

Following Admission, the total number of Ordinary Shares in issue will be 36,231,162   and the total number of voting rights will therefore be 36,231,162. There are no Ordinary Shares held in treasury.  This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

The announcement contains inside information.

  For further details:

Belvoir Group PLC Dorian Gonsalves, Chief Executive Officer Louise George, Chief Financial Officer www.belvoirgroup.com	01476 584900 [e-mail]
finnCap Julian Blunt, Teddy Whiley (Corporate Finance) Tim Redfern, Charlotte Sutcliffe (ECM) www.finncap.com	[phone]
Buchanan Charles Ryland, Victoria Hayns, Kim Looringh-van Beeck & Tilly Abraham	[phone]

Notes:

About Belvoir Group PLC

Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with 439 offices across six brands specialising in residential lettings, property management, residential sales and property-related financial services. With its Central Office in Grantham, Lincolnshire, the Group manages over 71,500 properties and reported record revenues of £21.7m in 2020 marking Belvoir's 24th year of unbroken profit growth.

For further information, please visit: www.belvoirgroup.com

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Dorian Gonsalves
2	Reason for notification
a.	Position/Status	Chief Executive Officer
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Belvoir Group PLC
b.	LEI	213800FPT3JTZYB3FP61
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 1p each ISIN: GB00B4QY1P51
b.	Nature of the transaction	Exercise of Share Options held under the Company's EMI Scheme and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			132p Exercise price	200,000	Option Exercise
			230 p	200,000	Sale
d.	Aggregated information	As above
e.	Date of the transaction	10 June 2021
f.	Place of the transaction	London Stock Exchange

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Louise George
2	Reason for 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	Belvoir Group PLC
b.	LEI	213800FPT3JTZYB3FP61
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 1p each ISIN: GB00B4QY1P51
b.	Nature of the transaction	Exercise of Share Options held under the Company's LTIP and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			1 p Exercise price	515,782	Option Exercise
			230 p	244,857	Sale
d.	Aggregated information	As above
e.	Date of the transaction	10 June 2021
f.	Place of the transaction	London Stock Exchange

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Mark Newton
2	Reason for notification
a.	Position/Status	Executive Director
b.	Initial notification/ Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Belvoir Group PLC
b.	LEI	213800FPT3JTZYB3FP61
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 1p each ISIN: GB00B4QY1P51
b.	Nature of the transaction	Exercise of Share Options held under the Company's LTIP and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			1 p Exercise price	171,927	Option Exercise
			230 p	171,927	Sale
d.	Aggregated information	As above
e.	Date of the transaction	10 June 2021
f.	Place of the transaction	London Stock Exchange

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1	Details of the person discharging managerial responsibilities/person closely associated
a.	Name	Ian Maclean
2	Reason for 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	Belvoir Group PLC
b.	LEI	213800FPT3JTZYB3FP61
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 1p each ISIN: GB00B4QY1P51
b.	Nature of the transaction	Exercise of Share Options held under the Company's EMI and CSOP schemes and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			98p 132p	30,612 60,000	Option Exercise
			230 p	90,612	Sale
d.	Aggregated information	Option Exercise: 120.5p Sale: As c. above
e.	Date of the transaction	10 June 2021
f.	Place of the transaction	London Stock Exchange

 

END

 

 

DSHEBLFFFQLEBBK