Director/PDMR Shareholding

RNS Number : 4373U

Dart Group PLC

22 November 2019

 

22 November 2019

Dart Group PLC

(the "Company")

Director/PDMR Shareholding

Dart Group PLC, the Leisure Travel and Distribution & Logistics group, announces that Philip Meeson, Executive Chairman of the Company, has on 21 November 2019 sold 685,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares"), and on 22 November 2019 sold 315,000 Ordinary Shares, at  average prices of £14.3178 and £13.5834 per Ordinary Share respectively.

Following this transaction, Philip Meeson is interested in a total of 54,040,000 Ordinary Shares, representing 36.29% of the Company's issued ordinary share capital.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides 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	Philip Meeson
2	Reason for the notification
a)	Position/status	Executive Chairman
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	Sale of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£14.3178	685,000
d)	Aggregated information
	Aggregated volume	685,000
	Price	£14.3178
e)	Date of the transaction	21 November 2019
f)	Place of the transaction	AIMX

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Meeson
2	Reason for the notification
a)	Position/status	Executive Chairman
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	Sale of ordinary shares
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£13.5834	315,000
d)	Aggregated information
	Aggregated volume	315,000
	Price	£13.5834
e)	Date of the transaction	22 November 2019
f)	Place of the transaction	AIMX

For further information please contact:

Dart Group PLC Philip Meeson, Executive Chairman Gary Brown, Group Chief Financial Officer	0113 239 7817
Cenkos Securities plc Nominated Adviser Katy Birkin / Azhic Basirov	020 7397 8900
Canaccord Genuity Joint Broker Adam James	020 7523 8000
Arden Partners Joint Broker Tom Price / Simon Johnson	020 7614 5900
Buchanan Financial PR Richard Oldworth	020 7466 5000

 

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