Director/PDMR Shareholding

RNS Number : 4261G

RIT Capital Partners PLC

26 May 2017

 

RIT CAPITAL PARTNERS PLC ("Company")

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM 

The information set out below is provided by the Company in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities ("PDMR")/person closely associated ("PCA")
a)	Names	The Hon. N C J Rothschild 1979 Settlement
2	Reason for the notification
a)	Position/status	PCA to the Chairman, Lord Jacob Rothschild, by virtue of The Hon. N C J Rothschild 1979 Settlement being a trust indirectly controlled by him.
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	RIT Capital Partners plc
b)	LEI	P31Q1NLTW35JJGHA4667
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 Identification code	Ordinary shares of £1.00 each in RIT Capital Partners plc ("Shares") ISIN number GB0007366395
b)	Nature of the transaction	Sale of Shares
c)	Price(s) and volume(s)	Price Volume 1,876.5 pence per Share 8,255
d)	Aggregated information	Not applicable - a single transaction
e)	Date of the transaction	23 May 2017
f)	Place of the transaction	London Stock Exchange.

1	Details of the person discharging managerial responsibilities ("PDMR")/person closely associated ("PCA")
a)	Names	The Hon. NCJ Rothschild 1971 Settlement
2	Reason for the notification
a)	Position/status	PCA to: (a)  the Chairman, Lord Jacob Rothschild, by virtue of The Hon. NCJ Rothschild 1971 Settlement being a trust indirectly controlled by him; and (b)  Hannah Rothschild, a Director of the Company who is a beneficiary of The Hon NCJ Rothschild 1971 Settlement.
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	RIT Capital Partners plc
b)	LEI	P31Q1NLTW35JJGHA4667
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 Identification code	Ordinary shares of £1.00 each in RIT Capital Partners plc ("Shares") ISIN number GB0007366395
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)	Price Volume 1,876.5 pence per Share 8,255
d)	Aggregated information	Not applicable - a single transaction
e)	Date of the transaction	23 May 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities ("PDMR")/person closely associated ("PCA")
a)	Names	Henry Investment Holdings Limited
2	Reason for the notification
a)	Position/status	PCA to: (a)  the Chairman, Lord Jacob Rothschild, who is a beneficiary of Henry Investment Holdings Limited; and (b)  Hannah Rothschild, a Director of the Company who is a beneficiary of Henry Investment Holdings Limited
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	RIT Capital Partners plc
b)	LEI	P31Q1NLTW35JJGHA4667
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 Identification code	Ordinary shares of £1.00 each in RIT Capital Partners plc ("Shares") ISIN number GB0007366395
b)	Nature of the transaction	Purchase of Shares
c)	Price(s) and volume(s)	Price Volume  1,872 pence per Share  6,664
d)	Aggregated information	Not applicable - a single transaction
e)	Date of the transaction	23 May 2017
f)	Place of the transaction	Outside a trading venue.

Following these transactions, Lord Rothschild has advised the Company that his family interests in the Company comprise the following:

9,889,125 ordinary shares of £1.00 each (6.37% of the entire issued share capital) held beneficially.

18,462,036 ordinary shares of £1.00 each (11.88% of the entire issued share capital) held non-beneficially.

Following these transactions, Hannah Rothschild has advised the Company that her beneficial and non-beneficial interests in the Company comprise the following:

14,246,169 ordinary shares of £1.00 each (9.17% of the entire issued share capital) held beneficially.

14,081,001 ordinary shares of £1.00 each (9.06% of the entire issued share capital) held non-beneficially.

The majority of the total interests set out above for Lord Rothschild and Hannah Rothschild are in respect of the same shares, in cases where they are held in family charitable foundations, companies or trusts.

 

END

 

 

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