Director and substantial shareholdings and TVR

RNS Number : 0938W

Ince Group PLC (The)

16 August 2022

 

16 August 2022  

The Ince Group plc

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

Director and substantial shareholdings and

total voting rights

The Ince Group plc (AIM: INCE), which provides legal, accounting, financial services, consulting and pensions advice services, has been informed that with the issue of 150,030,000 ordinary shares of 1p each in the Company pursuant to the placing announced on 28 July 2022 ("Placing Shares") and their admission to trading on AIM today, certain directors of the Company have now acquired Placing Shares in the Company as announced on 28 July 2022 and as set out in the table below (along with their new total shareholding in the Company):

Name	Job title in the Group	Number of Placing Shares	Number of Ordinary Shares now held	Percentage of share capital now held
Simon Howard	Non-Executive Chairperson of the Company	100,000	163,931	0.07%
Donald Brown	Group CEO	19,480,000	20,687,504	8.73%

The FCA notification in relation to the above and made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.

In addition, as a result of the issue of the Placing Shares, the Company is aware of the following revised interests of Significant Shareholders (as defined in the AIM Rules for Companies) in the Company:

Shareholder	Number of Ordinary Shares held	Percentage of share capital now held
Adrian Biles	7,610,664	3.21%
Adrian Biles and John Biles (held jointly)	3,333,333	1.41%
John Biles	1,537,970	0.65%

Total Voting Rights

With the issue of the 150,030,000 Placing Shares, as at today's date, the total number of ordinary shares of 1 penny each in issue and voting rights in the Company is 237,038,739. This figure of 237,038,739 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 pursuant to the FCA's Disclosure Guidance and Transparency Rules.

For further information: 

The Ince Group plc
Donald Brown, Group Chief Executive	[e-mail]
Simon Oakes, Chief Financial Officer
Allenby Capital Limited - Nominated Adviser	[phone]
Jeremy Porter / Piers Shimwell, Corporate Finance
Arden Partners plc - Broker	[phone]
John Llewellyn Lloyd / Louisa Waddell, Corporate Finance
Simon Johnson, Equity Sales
Williams Nicolson - Financial PR	[phone]
Steffan Williams / Fraser Schurer-Lewis	[e-mail]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Simon Howard
2.	Reason for the Notification
a)	Position/status	Chairperson
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Ince Group plc
b)	LEI	2138005A5XOTI2MHP510
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 1p each
	Identification code	ISIN: GB00BZBY3Y09
b)	Nature of the transaction	Subscription of Ordinary Shares via a placing
c)	Price(s) and volume(s)	Price: 5p Volume: 100,000 ordinary shares
d)	Aggregated information: -Aggregated volume -Price	As above
e)	Date of the transaction	16 August 2022
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Donald Brown
2.	Reason for the Notification
a)	Position/status	Group CEO
b)	Initial notification/Amendment	Initial Notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Ince Group plc
b)	LEI	2138005A5XOTI2MHP510
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 1p each
	Identification code	ISIN: GB00BZBY3Y09
b)	Nature of the transaction	Subscription of Ordinary Shares via a placing
c)	Price(s) and volume(s)	Price: 5p Volume: 19,480,000 ordinary shares
d)	Aggregated information: -Aggregated volume -Price	As above
e)	Date of the transaction	16 August 2022
f)	Place of the transaction	Outside a trading venue

 

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