PDMR and AIM Rule 17 notifications

RNS Number : 9509B

Ince Group PLC (The)

04 February 2020

 

The Ince Group plc

("Ince" or the "Company")

PDMR and AIM Rule 17 notifications

The Company announces, further to the announcement made on 3 February 2020, that the following persons discharging managerial responsibilities (PDMRs) for the purposes of Article 19 of the Market Abuse Regulation (EU 596/2014) participated in the Placing, Open Offer and/or Staff Offer (the "Fundraising").

PDMR	Number of shares subscribed for under the Fundraising	Number of ordinary shares held post-Fundraising	Percentage of enlarged share capital held
Adrian Biles & John Biles jointly held	3,333,333	3,333,333	4.9%
Christopher Yates	444,444	1,020,541	1.5%
Anthony Edwards	44,444	77,821	0.1%
John Biles	555,556	1,537,970	2.2%
Nick Goldstone	120,125	151,111	0.2%
Ian Hopkins	4,000	4,000	0.0%
Paul Ho	36,000	36,000	0.1%
Mark Tantam	2,200	352,200	0.5%

Post this transaction, Adrian Biles and persons closely associated with him are interested in 10,943,997 ordinary shares, representing 16.0 per cent. of the Company's voting rights and John Biles and persons closely associated with him are interested in 4,871,303 ordinary shares, representing 7.1 per cent. of the Company's voting rights.

Adrian Biles and John Biles are significant shareholders of the Company in respect of which disclosure of changes to their respective holdings as a result of the Fundraising to the percentages set out above is made for the purposes of AIM Rule 17.

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	Adrian Biles (CEO) Anthony Edwards (Non-Executive Chairman) Christopher Yates (CFO) Ian Hopkins (Regional Director) John Biles (Head of Finance and Administration) Nick Goldstone (Joint London Managing Partner) Paul Ho (Head of China) Mark Tantam (Global Head of Consulting)
2	Reason for the notification
a)	Position/status	See 1 a) above
b)	Initial notification/ Amendment	Initial Notification
	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Ince Group plc
b)	LEI	2138005A5XOTI2MHP510
	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  ESVUFR  ISIN   GB00BZBY3Y09
b)	Nature of the transactions	Subscription for new ordinary shares pursuant to the Placing, the Open Offer and/or the Staff Offer
c)	Price(s) and volume(s)	Director/PDMR Price(s) Volume(s) Adrian Biles & John Biles jointly held 45p 3,333,333 Anthony Edwards 45p 44,444 Christopher Yates 45p 444,444 Ian Hopkins 45p 4,000 John Biles 45p 555,556 Nick Goldstone 45p 120,125 Paul Ho 45p 36,000 Mark Tantam 45p 2,200
d)	Aggregated information -     Aggregated volume -     Price	4,540,102 £2,043,045.90
e)	Date of the transaction	4 February 2020
f)	Place of the transaction	London Stock Exchange (XLON)

 

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