Director/PDMR Shareholding

RNS Number : 8704J

Dart Group PLC

14 September 2016

 

14 September 2016

Dart Group PLC (the "Company")

PDMR notification

On 13 September, Stephen Heapy, a Director of Dart Group plc, who is considered to be a person discharging managerial responsibilities ("PDMR"), exercised options over 25,000 ordinary shares which were granted under the Dart Group plc Approved Share Option Plan 2005 and the Dart Group plc Unapproved Share Option Plan 2005.  Each of the options was granted on 5 August 2005 and has an exercise price of 67.0p per share. 

On the same date, Stephen Heapy transferred 25,000 ordinary shares (being the ordinary shares acquired on exercise of such options) to his wife, Tracy Heapy, who is a person closely associated to Stephen Heapy.

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

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	Director,  Dart Group Plc
b)	Initial notification/Amendment	This is an 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	Options over ordinary shares of 1.25 pence nominal value in Dart Group plc.
	Identification code	Options over shares with identification code GB00B1722W11
b)	Nature of the transaction	i.     Exercise of options over 4,944 shares granted pursuant to the Dart Group plc Approved Share Option Plan 2005 on 5 August 2010. ii.    Exercise of options over 20,056 shares granted pursuant to the Dart Group plc Unapproved Share Option Plan 2005 on 5 August 2010.
c)	Price(s) and volume(s)	Price Volume i. 67.0p 4,944 ii. 67.0p 20,056
d)	Aggregated information	Price Volume  67.0p 25,000
e)	Date of the transaction	2016-09-13
f)	Place of the transaction	outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Heapy
2	Reason for the notification
a)	Position/status	Director,  Dart Group Plc
b)	Initial notification/Amendment	This is an 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 1.25 pence nominal value in Dart Group plc.
	Identification code	GB00B1722W11
b)	Nature of the transaction	Transfer of 25,000 shares for nil consideration.
c)	Price(s) and volume(s)	Price Volume Nil 25,000
d)	Aggregated information	N/A - single transaction
e)	Date of the transaction	2016-09-13
f)	Place of the transaction	outside a trading venue.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Tracy Heapy
2	Reason for the notification
a)	Position/status	Person closely associated (to Stephen Heapy, Director,  Dart Group Plc)
b)	Initial notification/Amendment	This is an 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 1.25 pence nominal value in Dart Group plc.
	Identification code	GB00B1722W11
b)	Nature of the transaction	Receipt of a transfer of 25,000 shares for nil consideration
c)	Price(s) and volume(s)	Price Volume Nil 25,000
d)	Aggregated information	N/A - single transaction
e)	Date of the transaction	2016-09-13
f)	Place of the transaction	outside a trading venue.

 

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