PDMR Shareholding pursuant to Growth Share Scheme

RNS Number : 1216J

Mission Group PLC (The)

07 April 2020

 

 

The Mission Group plc  

Director/ PDMR Notifications pursuant to the Growth Share Scheme

The Mission Group plc ("MISSION", "the Company" or "the Group", AIM: TMG), the alternative group for ambitious brands , announces that pursuant to the Growth Share Scheme ("Scheme") details of which were announced on 19 January 2017, 22 February 2017 and 4 June 2019, the Board has received put notices ("Put Notices") to exchange, in aggregate, 5,434,162 A Shares into, in aggregate, 5,434,162 new ordinary shares of 10p each in the capital of the Company ("New Ordinary Shares") from, inter alia, the PDMRs listed below. Following the receipt of a Put Notice, the Company has 20 business days to issue the New Ordinary Shares and make application for those shares to be admitted to trading on AIM.

Following the issue of the New Ordinary Shares, there will be 90,729,727 Ordinary Shares in issue.  The interest of each PDMR following the satisfaction of their Put Notice will be as follows:

Director	Put options exercised	Total holding	Percentage of enlarged issued share capital
Dylan Bogg	286,009	1,798,999	2.0%
James Clifton	572,017	771,541	0.9%
Robert Day	572,017	5,725,541	6.3%
Peter Fitzwilliam	572,017	1,284,226	1.4%
Julian Hanson-Smith	171,605	171,605	0.2%
Giles Lee	572,017	1,341,156	1.5%
David Morgan	572,017	6,725,121	7.4%
Sue Mullen	286,009	1,377,192	1.5%
Fiona Shepherd	572,017	1,588,874	1.8%

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.

Enquiries:  

THE MISSION GROUP PLC James Clifton, Chief Executive Peter Fitzwilliam, Chief Financial Officer	Tel: [phone]
SHORE CAPITAL (Nomad and Broker) Mark Percy / James Thomas/ Sarah Mather	Tel: [phone]
HOUSTON (Financial PR and Investor Relations) Kate Hoare / Laura Stewart	Tel: [phone]

MISSION   is a collective of creative Agencies. Employing 1,150 people in the UK, Europe, Asia and US, the Group combines the expertise of Integrated and Specialist Agencies to bring commercially effective solutions to business challenges.

Founded as a cooperative of like-minded entrepreneurs,  MISSION has built an impressive track record. The Group has  grown revenue and profit each year for the last nine years, winning prestigious and progressively bigger business across its blue-chip Client base and acquiring new Agencies with fantastic reputations, expanding its service capability even further.

In addition to the Group's creative Agencies sits Fuse, MISSION's central innovation hub through which the Group has successfully trialled and developed a number of emerging technologies. Many of these have been grown into  successful commercial products that not only bring value to the  MISSION   family of Agencies, but which have been successfully able to realise market value at sale.

www.themission.co.uk

Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dylan Bogg James Clifton Robert Day Peter Fitzwilliam Julian Hanson-Smith Giles Lee David Morgan Sue Mullen Fiona Shepherd
2	Reason for the notification
a)	Position/status	Dylan Bogg  Executive Director James Clifton  Group Chief Executive Robert Day  Deputy Chairman Peter Fitzwilliam  Chief Financial Officer Julian Hanson-Smith  Non-Executive Director Giles Lee  Commercial Director David Morgan  Chairman Sue Mullen  Executive Director Fiona Shepherd  Executive Director
b)	Initial notification /Amendment	6 April 2020
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	The Mission Group plc
b)	LEI	213800L567CF3Z6GPZ03
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 10 pence each GB00B11FD453
b)	Nature of the transaction	Pursuant to the Growth Share Scheme, A shares were exchanged for Ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) Dylan Bogg  Nil price   286,009 James Clifton  Nil price   572,017 Robert Day  Nil price   572,017 Peter Fitzwilliam  Nil price   572,017 Julian Hanson-Smith  Nil price   171,605 Giles Lee  Nil price   572,017 David Morgan  Nil price   572,017 Sue Mullen  Nil price   286,009 Fiona Shepherd  Nil price   572,017
d)	Aggregated information - Aggregated volume - Price	4,175,725 Nil price
e)	Date of the transaction	6 April 2020
f)	Place of the transaction	London Stock Exchange, AIM Market (XLON)

 

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