Exercise of Options, Director/PDMR Dealing & TVR

RNS Number : 9059K

Belvoir Group PLC

07 September 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 930,339 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").  Further to the exercise of such options the Exercising PDMRs have sold, in aggregate, 686,000 Ordinary Shares arising from such exercise at a price of 250 pence per Ordinary Share as set out below.

In the case of Dorian Gonsalves, CEO, and Louise George, CFO, they have retained broadly 50% and 100% of their respective gain after exercise price, tax and costs, both increasing their aggregate holding in the Company accordingly.

Director/PDMR	Current holding of Ordinary Shares	Options exercised	Ordinary Shares sold	Resultant holding of Ordinary Shares	% of TVR
Dorian Gonsalves	483,595	644,727	482,000	646,322	1.7
Louise George	327,532	175,000	93,388	409,144	1.1
Julie Wilson	nil	110,612	110,612	nil	0.0

Application has been made to the London Stock Exchange for the 930,339 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 10 September 2021.

Following Admission, the total number of Ordinary Shares in issue will be 37,292,113 and the total number of voting rights will therefore be 37,292,113. 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 & 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 467 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 71,600 properties and reported record revenues of £21.7m in 2020 marking Belvoir's 24^th 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 LTIP and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			1p Exercise price	644,727	Option Exercise
			250p	482,000	Sale
d.	Aggregated information	As above
e.	Date of the transaction	6 September 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 EMI Scheme and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			132 p Exercise price	175,000	Option Exercise
			250 p	93,388	Sale
d.	Aggregated information	As above
e.	Date of the transaction	6 September 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	Julie Wilson
2	Reason for notification
a.	Position/Status	Group Financial Controller
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 CSOP and EMI Schemes and Sale of Ordinary Shares
c.	Price(s) and volume(s)
			Price(s)	Volume(s)
			132 p Exercise price	60,000	EMI Option Exercise
			116p Exercise price	20,000	EMI Option Exercise
			98p Exercise Price	30,612	CSOP Option Exercise
			250 p	110,612	Sale
d.	Aggregated information	Option exercise: 110,612 shares at 119.7p Share sale: as above
e.	Date of the transaction	6 September 2021
f.	Place of the transaction	London Stock Exchange

 

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