Vesting - Share Matching Scheme/PDMR Shareholdings

RNS Number : 4495N

EPE Special Opportunities PLC

09 August 2017

 

EPE Special Opportunities plc

9 August 2017

Vesting of the Share Matching Scheme and PDMR Shareholdings

Vesting of the Share Matching Scheme

EPE Special Opportunities plc (the "Company") announces that, on 8 August 2017 in the offices of the Company's administrator, certain awards made under the Company's share matching scheme (the "Scheme") vested to certain members of EPIC Private Equity LLP ("EPE"), the Company's investment advisor, and to certain Directors of the Company (together the "Participants") (the "Vesting").

As a result of the Vesting, the Participants' interests in jointly held vesting ordinary shares ("Matching Shares") have increased such that the Participants now hold the entire beneficial interest in the Matching Shares (as opposed to just a portion of the beneficial interest) and the Participants now hold the full legal title to those ordinary shares.

The interests in the Matching Shares were transferred to Participants from the Company's employee benefit trust. The number of ordinary shares in issue, not held by the Company in treasury, is unchanged by the Vesting and remains 28,299,838 ordinary shares (which should be used as the denominator for calculations of interests in the Company's voting rights).

PDMR Shareholding

Certain members of the Investment Advisor and certain Directors of the Company (being PDMRs of the Company) have received the entire beneficial interest and legal title to the Matching Shares as part of the Vesting described above. The details of the Matching Shares received by PDMRs are provided below:

PDMR	Role	Number of vesting Matching Shares held	Number of ordinary shares held pre Vesting	Number of ordinary shares held post Vesting	Percentage of total voting rights held post Vesting
Geoffrey Vero	Chairman of the Board and Company Director	20,620	84,912	105,532	0.4%
Robert Quayle	Company Director	37,755	50,128	87,883	0.3%
Clive Spears	Company Director	37,755	68,032	105,787	0.4%
Nicholas Wilson	Company Director	38,074	67,669	105,743	0.4%
Giles Brand	Managing Partner of EPE	152,295	6,241,230	6,393,525	22.6%
Hiren Patel	Partner, Finance Director and Head of Compliance of EPE	123,086	167,331	290,417	1.0%

The notification of dealing forms for each PDMR can be found below.  This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

Enquiries:

EPIC Private Equity LLP	[phone] Alex Leslie
R&H Fund Services (Jersey) Limited	[phone] Hilary Jones
Cardew Group Limited	[phone] Richard Spiegelberg
Numis Securities Limited	[phone]
Nominated Advisor:	Stuart Skinner / Hugh Jonathan
Corporate Broker:	Charles Farquhar

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Geoffrey Vero
2.	Reason for the notification
a)	Position/status	Chairman of the Board and Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities plc
b)	LEI	213800BQKN9C23A7LK98
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 5p each. ISIN: IM00B4JV7H77
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		59.7 pence	Interest in 20,620 Ordinary Shares
d)	Aggregated information: Price 59.7 pence Volume Interest in 20,620 Ordinary Shares
e)	Date of the transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robert Quayle
2.	Reason for the notification
a)	Position/status	Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities plc
b)	LEI	213800BQKN9C23A7LK98
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 5p each. ISIN: IM00B4JV7H77
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		69.9 pence	Interest in 37,755 Ordinary Shares
d)	Aggregated information: Price 69.9 pence Volume Interest in 37,755 Ordinary Shares
e)	Date of the transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Clive Spears
2.	Reason for the notification
a)	Position/status	Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities plc
b)	LEI	213800BQKN9C23A7LK98
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 5p each. ISIN: IM00B4JV7H77
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		69.9 pence	Interest in 37,755 Ordinary Shares
d)	Aggregated information: Price 66.9 pence Volume Interest in 37,555 Ordinary Shares
e)	Date of the transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nicholas Wilson
2.	Reason for the notification
a)	Position/status	Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities plc
b)	LEI	213800BQKN9C23A7LK98
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 5p each. ISIN: IM00B4JV7H77
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		69.8 pence	Interest in 38,074 Ordinary Shares
d)	Aggregated information: Price 69.8 pence Volume Interest in 38,074  Ordinary Shares
e)	Date of the transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Giles Brand
2.	Reason for the notification
a)	Position/status	Managing Partner of EPE
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities plc
b)	LEI	213800BQKN9C23A7LK98
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 5p each. ISIN: IM00B4JV7H77
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		69.8 pence	Interest in 152,295 Ordinary Shares
d)	Aggregated information: Price 69.8 pence Volume Interest in 152,295 Ordinary Shares
e)	Date of the transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Hiren Patel
2.	Reason for the notification
a)	Position/status	Partner, Finance Director and Head of Compliance of EPE
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities plc
b)	LEI	213800BQKN9C23A7LK98
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 5p each. ISIN: IM00B4JV7H77
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		59.7 pence	Interest in 123,086 Ordinary Shares
d)	Aggregated information: Price 59.7 pence Volume Interest in 123,086 Ordinary Shares
e)	Date of the transaction	8 August 2017
f)	Place of the transaction	London Stock Exchange; AIM

Note 1: PDMRs acquired an interest in each ordinary share for the price given ("Interest Price"). The Interest Price was calculated in relation to the size of interest purchased (i.e. size of the interest not already held by the PDMR), the Company's closing price on the day prior to the Vesting and the Company's closing price on the day prior to the granting of the share matching award.

 

END

 

 

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