Director/PDMR Shareholding

RNS Number : 8302J

Schroder AsiaPacific Fund PLC

05 July 2011

 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

Schroder AsiaPacific Fund plc

2. State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii)

(iii)

3. Name of person discharging managerial responsibilities/director

Nicholas Smith.

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

In respect of the sale of shares, the Director named in 3 above is a direct beneficiary of The InterRetire International Pension Plan re Smith' (the "Plan") and is consequently taken as having an interest in all shares in the Plan. As a consequence of the sale of shares in SchroderAsiaPacific Fund plc by the Plan, the Director is deemed to have sold an interest in these Shares.

In respect of the purchase of shares, the Director named in 3 above only. 

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

The transactions relate to the beneficial interests of the person named in 3 above.

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Ordinary shares of 10 pence each.

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

Not known.

8. State the nature of the transaction

Sale and purchase of shares.

9. Number of shares, debentures or financial instruments relating to shares acquired

20,000 ordinary shares.

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

0.14% of the issued ordinary share class.

11. Number of shares, debentures or financial instruments relating to shares disposed

10,000 ordinary shares.

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

0.007% of the issued ordinary share class.

13. Price per share or value of transaction

Shares sold at 221.83p per share.

Shares bought at 227p per share.

14. Date and place of transaction

Shares sold on 4 July 2011 - London.

Shares bought on 5 July 2011 - London.

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

20,000 ordinary shares, being 0.14% of the issuer's ordinary issued share capital.

16. Date issuer informed of transaction

4 July and 5 July 2011.

17. Any additional information

None.

18. Name of contact and telephone number for queries

Jonathan McGuire - 020 7658 3496.

Name and signature of duly authorised officer of issuer responsible for making notification

Jonathan McGuire

For and behalf of Schroder Investment Management Limited

Date of notification

5 July 2011.

 

END

 

 

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