Impax Asset Management Group plc
Director/PDMR and PCA Shareholding
Impax Asset Management Group plc (the "Company") announces that it has received notification of the following transactions in ordinary shares in the Company ("Ordinary Shares") by persons discharging managerial responsibilities and persons closely associated with them.
Charlie Ridge, Chief Financial Officer of the Company, has transferred 80,000 Ordinary Shares to his wife Carol Ridge. Carol Ridge has sold 80,000 Ordinary Shares and purchased 80,000 Ordinary Shares into her ISA. In addition, Charlie Ridge has sold 20,000 Ordinary Shares and purchased 20,000 ordinary Shares into his ISA.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Charlie Ridge |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Financial Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Impax Asset Management Group plc |
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b) |
LEI |
213800AJDNW4S2B7E680 |
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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 |
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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 |
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b) |
Nature of the transaction |
Charlie Ridge has gifted 80,000 Ordinary Shares for nil consideration to his wife.
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 80,000 Aggregated price: 0p (nil) per Ordinary Share Total aggregated price: 0p (nil)
|
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e) |
Date of the transaction |
5 July 2022
|
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f) |
Place of the transaction
|
Outside trading venue |
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Carol Ridge |
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2. |
Reason for the notification |
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a) |
Position / status |
Notification concerns a PCA. The relevant PDMR is Charlie Ridge, Chief Financial Officer. |
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b) |
Initial notification / amendment |
Initial notification |
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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 gifted 80,000 Ordinary Shares for nil consideration to Carol Ridge
|
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 80,000 Aggregated price: 0p (nil) per Ordinary Share Total aggregated price: 0p (nil)
|
||||
e) |
Date of the transaction |
5 July 2022
|
||||
f) |
Place of the transaction
|
Outside trading venue |
1. |
Details of PDMR / person closely associated with them ('PCA') |
|||||
a) |
Name |
Carol Ridge |
||||
2. |
Reason for the notification |
|||||
a) |
Position / status |
Notification concerns a PCA. The relevant PDMR is Charlie Ridge, 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 |
Sale of 80,000 Ordinary Shares from share account |
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c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 80,000 Aggregated price: 572p per Ordinary Share Total aggregated price: £457,600
|
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e) |
Date of the transaction |
5 July 2022
|
||||
f) |
Place of the transaction
|
London Stock Exchange |
1. |
Details of PDMR / person closely associated with them ('PCA') |
|||||
a) |
Name |
Carol Ridge |
||||
2. |
Reason for the notification |
|||||
a) |
Position / status |
Notification concerns a PCA. The relevant PDMR is Charlie Ridge, 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 |
Purchase of 80,000 Ordinary Shares into her ISA |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 80,000 Aggregated price: 572p per Ordinary Share Total aggregated price: £457,600
|
||||
e) |
Date of the transaction |
5 July 2022
|
||||
f) |
Place of the transaction
|
London Stock Exchange |
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 |
Sale of 20,000 Ordinary Shares from share account |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 20,000 Aggregated price: 572p per Ordinary Share Total aggregated price: £114,400
|
||||
e) |
Date of the transaction |
5 July 2022
|
||||
f) |
Place of the transaction
|
London Stock Exchange |
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 |
Purchase of 20,000 Ordinary Shares into his ISA |
||||
c) |
Price(s) and volume(s) |
|
||||
d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 20,000 Aggregated price: 572p per Ordinary Share Total aggregated price: £114,400
|
||||
e) |
Date of the transaction |
5 July 2022
|
||||
f) |
Place of the transaction
|
London Stock Exchange |
LEI number: 213800AJDNW4S2B7E680
-ENDS-
Enquiries:
Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Director of Communications
|
+44 (0)20 3912 3000 +44 (0)20 3912 3032 |
Montfort Communications Gay Collins Jack Roddan
|
+44 (0)77 9862 6282 +44 (0)78 2567 0695 |
Peel Hunt LLP, Nominated Adviser and Joint Broker James Britton or Paul Shackleton |
+44 (0)20 7418 8900 |
Berenberg , Joint Broker Alex Reynolds |
+44 (0)20 3207 7800 |