Director/PDMR Shareholding

RNS Number : 6041E

St. Ives PLC

04 November 2015

 

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

This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

ST IVES PLC

2. State whether the notification relates to:

(i) a transaction notified in accordance with DTR 3.1.2R; or

(ii) a disclosure made in accordance with LR 9.8.6R(1); or

(iii) a disclosure made in accordance with section 793 of the Companies Act 2006

(I)

3. Name of person discharging managerial responsibilities/director

MATT ARMITAGE

(DIRECTOR)

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

N/A

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

NOTIFICATION IS IN RESPECT OF A BENEFICIAL INTEREST HELD BY 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

HSBC GLOBAL CUSTODY NOMINEE (UK) LIMITED

8. State the nature of the transaction

ACQUISITION OF SHARES AT MARKET VALUE FROM THE GROUP'S EMPLOYEE NON-US BENEFIT TRUST ("THE EBT") PURSUANT TO THE RULES OF THE ST IVES DIRECTORS' AND SENIOR EXECUTIVES' DEFERRED BONUS SCHEME ("THE DBS").

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

19,654

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

0.015%

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

N/A

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

N/A

13. Price per share or value of transaction

185.0 PENCE PER SHARE

14. Date and place of transaction

2 NOVEMBER 2015, JERSEY

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

	TOTAL NUMBER OF SHARES HELD FOLLOWING THIS NOTIFICATION:	EXPRESSED AS A PERCENTAGE OF ISSUED SHARE CAPITAL:
JILL ARMITAGE MATT ARMITAGE TOTAL	374,717 19,654 394,371	0.284% 0.015% 0.299%

16. Date issuer informed of transaction

3 NOVEMBER 2015

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17. Date of grant

N/A

18. Period during which or date on which it can be exercised

N/A

19. Total amount paid (if any) for grant of the option

N/A

20. Description of shares or debentures involved (class and number)

N/A

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

N/A 

22. Total number of shares or debentures over which options held following notification

N/A

23. Any additional information

ST IVES PLC'S ISSUED SHARE CAPITAL AS AT 4 NOVEMBER 2015 IS 132,123,983 ORDINARY SHARES OF 10 PENCE EACH AND TOTAL VOTING RIGHTS IN THE COMPANY, NET OF 90,637 SHARES HELD IN TREASURY, IS 132,033,346.

THE SHARES HAVE BEEN PURCHASED PURSUANT TO THE DBS AT MARKET VALUE FROM THE GROUP'S NON-US EBT.  BENEFICIAL OWNERSHIP OF THE SHARES SHALL, INTER ALIA, VEST IMMEDIATELY BUT THE SHARES SHALL BE HELD IN TRUST DURING A HOLDING PERIOD, FOR RELEASE IN NOVEMBER 2017, SUBJECT TO THE RULES OF THE DBS.  DURING THE HOLDING PERIOD, THE BENEFICIAL OWNER WILL BE ENTITLED TO VOTE THE SHARES AND RECEIVE DIVIDENDS ON THEM BUT WILL BE UNABLE TO SELL, TRANSFER, ASSIGN OR CHARGE ANY INTEREST IN THE SHARES WITHOUT THE CONSENT OF THE REMUNERATION COMMITTEE OF ST IVES PLC.

24. Name of contact and telephone number for queries

DANIEL FATTAL 020 7928 8844

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

DANIEL FATTAL, COMPANY SECRETARY, ST IVES PLC

Date of notification

4 NOVEMBER 2015

 

END

 

 

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