Director/PDMR Shareholding

RNS Number : 1954U

Impax Asset Management Group plc

10 July 2018

 

10 July 2018

Impax Asset Management Group plc

Director/PDMR Shareholding

Impax Asset Management Group plc (the "Company") announces that it has today received notifications that the following persons discharging managerial responsibilities have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 3,484,065 shares conducted by Peel Hunt.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Charlie Ridge
2	Reason for the notification
a)	Position/status	Chief Financial Officer
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Impax Asset Management Group plc
b)	LEI	213800AJDNW4S2B7E680
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	Exercise of options over Ordinary Shares of 1p each in Impax Asset Management Group plc
	Identification code	GB0004905260
b)	Nature of the transaction	Exercised options over 304,000 Ordinary Shares
c)	Price(s) and volume(s)
				Price	Volume
				56.9p	204,000
				45.4p	100,000
d)	Aggregated information
	- Aggregated volume	Aggregated Volume: 304,000
		Aggregated exercise price: 53.12p
	- Price	Aggregated price: n/a
e)	Date of the transaction	10 July 2018
f)	Place of the transaction	London Stock Exchange
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	Ordinary Shares of 1p each in Impax Asset Management Group plc
	Identification code	GB0004905260
b)	Nature of the transaction	Sale of 304,000 ordinary shares in the Company
c)	Price(s) and volume(s)
				Price	Volume
				£2.035	304,000
d)	Aggregated information
	- Aggregated volume	Aggregated volume 304,000
	- Price	Aggregated price: £2.035 per share Total aggregated price: £618,640
e)	Date of the transaction	10 July 2018
f)	Place of the transaction	London Stock Exchange

The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

 -ENDS-

Enquiries

Impax Asset Management Group PLC	www.impaxam.com
Ian Simm - Chief Executive Officer	[phone] (switchboard)
Gay Collins /Louis Supple                                                                 Montfort Communications                                                                Email: [e-mail]	Tel: [phone](mobile)  Tel: [phone](direct)
Peel Hunt LLP (Nominated Adviser & Broker)	[phone]
Guy Wiehahn
Jock Maxwell Macdonald

 

END

 

 

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