Director/PDMR Shareholding

RNS Number : 2139L
Liontrust Asset Management PLC
02 July 2014
 



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


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