Vesting - Share Matching Scheme/PDMR Shareholdings

RNS Number : 8150M

EPE Special Opportunities Limited

11 January 2019

 

EPE Special Opportunities Limited

Vesting of the Share Matching Scheme and PDMR Shareholdings

Vesting of the Share Matching Scheme

EPE Special Opportunities Limited (the "Company") announces that, on 10 January 2019 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 (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 29,149,464 ordinary shares (which should be used as the denominator for calculations of interests in the Company's voting rights).

PDMR Shareholding

Certain members of EPE (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
Hiren Patel	Managing Partner, Finance Director and Head of Compliance of EPE	24,884	370,417	395,301	1.4%

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.

The person responsible for releasing this information on behalf of the Company is Hilary Jones of R&H Fund Services (Jersey) Limited.

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	Hiren Patel
2.	Reason for the notification
a)	Position/status	Managing 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 Limited
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: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		117.55 pence	Interest in 24,884 Ordinary Shares
d)	Aggregated information: Price 117.55 pence Volume Interest in 24,884 Ordinary Shares
e)	Date of the transaction	10 January 2019
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.

 

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