7 February 2020
Christie Group plc
("Christie Group" or the "Company")
PDMR notification
Christie Group plc (AIM: CTG.L), the leading provider of Professional & Financial Services and Stock & Inventory Systems & Services to the hospitality, leisure, healthcare, medical, childcare & education and retail sectors, has been notified that on 4 February 2020, David Rugg, Chairman and Chief Executive, who is considered to be a person discharging managerial responsibilities ("PDMR"), has advised that he no longer holds a beneficial interest in 1,261,368 Christie Group plc ordinary shares of 2 pence each ("Ordinary Shares").
The beneficial interest in these shares is now held by Mr Rugg's wife, Mrs T C Rugg. Nil consideration was paid for the change in beneficial interest. This holding represents 4.76% of Christie Group plc shares and represents Mrs Rugg's entire beneficial holding in Christie Group plc.
Accordingly, Mr Rugg's total holding in the Company, including immediate members of his family but excluding Mrs Rugg's holdings as noted above, has decreased to 1,591,476 ordinary shares, representing approximately 6.00 per cent of the total voting rights of the Company.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
David Barry Rugg |
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2 |
Reason for the notification |
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a) |
Position/status |
Chairman and Chief Executive |
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b) |
Initial notification/ Amendment |
Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Christie Group plc |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 2 pence each ISIN: GB0001953156
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b) |
Nature of the transaction |
relinquished beneficial interest |
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d) |
Aggregated information |
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e) |
Date of the transaction |
2020-02-04 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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For further information please contact:
Christie Group plc
Daniel Prickett, Chief Operating Officer 020 7227 0700
Shore Capital - Nominated Advisor & Broker
Antonio Bossi 020 7408 4090
About Christie Group:
Christie Group plc, quoted on AIM, is a leading professional business services group with 43 offices across the UK, Europe and Canada, catering to its specialist markets in the hospitality, leisure, healthcare, medical, childcare & education and retail sectors.
Christie Group operates in two complementary business divisions: Professional & Financial Services (PFS) and Stock & Inventory Systems & Services (SISS). These divisions trade under the brand names: PFS - Christie & Co, Pinders, Christie Finance and Christie Insurance: SISS - Orridge, Venners and Vennersys.
Tracing its origins back to 1846, the Group has a long-established reputation for offering essential services to client companies in agency, valuation services, investment, consultancy, project management, multi-functional trading systems and online ticketing services, stock audit and inventory management. The diversity of these services provides a natural balance to the Group's core agency business.
For more information, please go to www.christiegroup.com.