Director/PDMR Shareholding

RNS Number : 8905L

Dart Group PLC

05 May 2020

 

5 May 2020

Dart Group PLC

(the "Company")

Director/PDMR Shareholding

Dart Group PLC, the Leisure Travel and Distribution & Logistics group, announces the following historic purchases of ordinary shares of 1.25p each in the Company ("Ordinary Shares") under a dividend repurchase investment programme ("DRIP") by Stephen Heapy, Executive Director and Chief Executive Officer of Jet2.com and Jet2holidays, which had inadvertently not been separately disclosed.

On 16 February 2012, Stephen Heapy established a DRIP via his SIPP in relation to the Company's Ordinary Shares and through the DRIP purchased, in aggregate, 423 Ordinary Shares at prices of between £2.23 and £19.04 per Ordinary Share between 11 November 2013 and 12 February 2020.

As detailed in the announcement dated 19 March 2020, Stephen Heapy has an interest in a total of 231,462 Ordinary Shares representing 0.16 per cent. of the Company's issued share capital which includes the historic purchases detailed above.

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

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	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares. This transaction was executed prior to the implementation of the Market Abuse Regulation (MAR) in July 2016.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£2.23	95
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 November 2013
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares. This transaction was executed prior to the implementation of the Market Abuse Regulation (MAR) in July 2016.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£2.68	19
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 June 2014
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares.  This transaction was executed prior to the implementation of the Market Abuse Regulation (MAR) in July 2016.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£2.56	72
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 November 2014
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares. This transaction was executed prior to the implementation of the Market Abuse Regulation (MAR) in July 2016.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£2.97	21
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 February 2015
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares. This transaction was executed prior to the implementation of the Market Abuse Regulation (MAR) in July 2016.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£4.68	39
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 November 2015
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares. This transaction was executed prior to the implementation of the Market Abuse Regulation (MAR) in July 2016.
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£5.08	15
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 February 2016
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£4.09	67
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	11 November 2016
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£5.11	24
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	13 February 2017
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£5.94	58
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	13 November 2017
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stephen Heapy
2	Reason for the 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	Dart Group PLC
b)	LEI	I72RQ3PNLDPW8R7JIJ56
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 1.25p each
	Identification code	GB00B1722W11
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£19.04	13
d)	Aggregated information	N/A (single transaction)
	Aggregated volume	N/A (single transaction)
	Price	N/A (single transaction)
e)	Date of the transaction	12 February 2020
f)	Place of the transaction	AIMX

 For further information please contact:

Dart Group plc Ian Day, Group Company Secretary Tel:  [phone] Cenkos Securities plc Nominated Adviser Katy Birkin/Russell Cook Tel:  [phone]

 

END

 

 

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