2 July 2014
Stock Exchange Announcement
LIONTRUST ASSET MANAGEMENT PLC
Notification of transactions of directors/persons discharging managerial responsibilities
The information contained in this notification is disclosed in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules of the Financial Conduct Authority.
Liontrust Asset Management Plc ("the Company") was informed on 2 July 2014 of the following transactions in the Company's ordinary shares of 1p ("Shares") by Directors of the Company.
On 1 July 2014 Adrian Collins, John Ions and Vinay Abrol exercised 1,000,000, 1,800,000 and 200,000 share options respectively, in each case, issued to them under the Liontrust Senior Incentive Plan (the "LSIP"). Each Director, to pay the tax and national insurance due on the option exercise, sold 50% of the new Shares issued to them pursuant to the option exercise.
The number of Shares issued pursuant to the exercise of LSIP share options to Adrian Collins, John Ions and Vinay Abrol and the number of Shares sold by Adrian Collins, John Ions and Vinay Abrol and the sale price were as follows:
Director |
Number of shares issued |
Number of Shares sold |
Sale price |
Total holding following sale |
Total Percentage following issuance and sale* |
|
|
|
|
|
|
Adrian Collins |
1,000,000 |
500,000 |
240p |
503,966 |
1.1% |
John Ions |
1,800,000 |
900,000 |
240p |
1,405,148 |
3.1% |
Vinay Abrol |
200,000 |
100,000 |
240p |
890,428 |
2.0% |
* Based on total voting rights in the Company of 45,471,555.
For further information please contact:
Liontrust Asset Management 020 7412 1700
John Ions, Vinay Abrol www.liontrust.co.uk
Simon Hildrey - Head of Marketing & Communications
Numis Securities Limited 020 7260 1000
Charles Farquhar, Andrew Holloway
END