Director/PDMR Shareholding

RNS Number : 6341U

Impax Asset Management Group plc

25 October 2017

 

Impax Asset Management Group plc

Director/PDMR and PCA Shareholding

Impax Asset Management Group plc (the "Company") announces that it has received notifications that the following persons discharging managerial responsibilities and persons closely associated ("PCA") with them have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 4,925,680 shares conducted by Peel Hunt.

Name	Position	Ordinary Shares sold	Price per Ordinary Share	Aggregate value
Ian Simm	Chief Executive	450,000	£1.42	£639,000.00
Charlie Ridge	Chief Finance Officer	430,000	£1.42	£610,600.00
Carol Ridge	PCA	15,940	£1.42	£22,634.80

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

1.	Details of PDMR / person closely associated with them ('PCA')
a)	Name	Ian Simm
2.	Reason for the notification
a)	Position / status	Chief Executive
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	Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc GB0004905260
b)	Nature of the transaction	Exercised options over 450,000 Ordinary Shares
c)	Price(s) and volume(s)	Exercise price(s) Volume(s) 49.6p per share 450,000
d)	Aggregated information Aggregated volume Price	Aggregated volume: 450,000 Aggregated exercise price: 49.6p Aggregated price: n/a
e)	Date of the transaction	25 October 2017
f)	Place of the transaction	London Stock Exchange

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	Sale of ordinary Shares of 1p each in Impax Asset Management Group plc GB0004905260
b)	Nature of the transaction	Sold 450,000 Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.42p per share 450,000
d)	Aggregated information Aggregated volume Price	Aggregated volume: 450,000 Aggregated price: £1.42 per share Total aggregated price: £639,000.00
e)	Date of the transaction	25 October 2017
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 Finance 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	Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc GB0004905260
b)	Nature of the transaction	Exercised options over 700,000 Ordinary Shares
c)	Price(s) and volume(s)	Exercise price(s) Volume(s) 49.6p per share 270,000 49.6p per share 30,000 37.59 per share 200,000 47.9p per share 200,000
d)	Aggregated information Aggregated volume Price	Aggregated volume: 700,000 Aggregated exercise price: 45.68p Aggregated price: n/a
e)	Date of the transaction	25 October 2017
f)	Place of the transaction	London Stock Exchange

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	Sale of ordinary Shares of 1p each in Impax Asset Management Group plc GB0004905260
b)	Nature of the transaction	Sold 430,000 Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.42 per share 430,000
d)	Aggregated information Aggregated volume Price	Aggregated volume: 430,000 Aggregated price: £1.42p per share Total aggregated price: £610,600.00
e)	Date of the transaction	25 October 2017
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	PCA
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	Sale of ordinary Shares of 1p each in Impax Asset Management Group plc GB0004905260
b)	Nature of the transaction	Sold 15,940 Ordinary Shares
c)	Price(s) and volume(s)	Price(s) Volume(s) £1.42 per share 15,940
d)	Aggregated information Aggregated volume Price	Aggregated volume: 15,940 Aggregated price: £1.42 per share Total aggregated price: £22,634.80
e)	Date of the transaction	25 October 2017
f)	Place of the transaction	London Stock Exchange

The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

-ENDS-

Enquiries:

Zack Wilson

Group General Counsel and Company Secretary                         Tel: + 44 (0) 20 7434 1122 (switchboard)

Impax Asset Management Group plc

Norfolk House, 31 St James's Square,                                          

London, SW1Y 4JR                                                                            

www.impaxam.com

Anne Gilding                                                                                         Tel: [phone] (switchboard)

Head of Brand & Communications                                                 Tel: [phone] (direct)

Impax Asset Management Group plc                                              Tel: [phone] (mobile)

Norfolk House, 31 St James's Square,                                          

London, SW1Y 4JR                                                                             Email: [e-mail]

www.impaxam.com

Guy Wiehahn                                                                                        Tel: [phone]
Nominated Adviser and Broker
Peel Hunt LLP

 

END

 

 

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