Director/PDMR Shareholding

RNS Number : 0624T

Phoenix Group Holdings

21 September 2010

 



DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.	Name of the issuer PHOENIX GROUP HOLDINGS	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). DISCLOSURE UNDER DTR 3.1.8
3.	Name of person discharging managerial responsibilities/director IAN GUY HANDLEY ASHKEN	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest PERSON REFERRED TO IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY  SHARES
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them COMPUTERSHARE COMPANY NOMINEES LIMITED (only in respect of the shares beneficially held by  Ian Ashken)	8.	State the nature of the transaction PURCHASE (for Tasburgh LLC - 150,000 shares)
9.	Number of shares, debentures or financial instruments relating to shares acquired 150,000	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) Less than 1 %
11.	Number of shares, debentures or financial instruments relating to shares disposed N/A	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) N/A
13.	Price per share or value of transaction US $1,991,095  for the purchase of shares for Tasburgh LLC	14.	Date and place of transaction 15 SEPTEMBER 2010, New York
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 1,366,549 (less than 1%) - beneficially owned. Mr Ashken has an indirect share interest of 1,216,549 through his membership interest in Marlin Equities IV,LLC.  Tasburgh LLC, of which Mr Ashken is the managing member and majority owner, holds 150,000 shares.  Tasburgh LLC and Marlin Equities are considered as connected persons.	16.	Date issuer informed of transaction 20 SEPTEMBER 2010

If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

17.	Date of grant	18.	Period during which or date on which exercisable
19.	Total amount paid (if any) for grant of the option	20.	Description of shares or debentures involved (class and number)
21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification
23.	Any additional information	24.	Name of contact and telephone number for queries PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification Gerald Watson Date of notification 21 September 2010

Notes:    This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

1.	Name of the issuer PHOENIX GROUP HOLDINGS	2.	State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). DISCLOSURE UNDER DTR 3.1.8
3.	Name of person discharging managerial responsibilities/director IAN GUY HANDLEY ASHKEN	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person N/A
5.	Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest PERSON REFERRED TO IN 3 ABOVE	6.	Description of shares (including class), debentures or derivatives or financial instruments relating to shares ORDINARY  SHARES
7.	Name of registered shareholders(s) and, if more than one, the number of shares held by each of them COMPUTERSHARE COMPANY NOMINEES LIMITED (only in respect of the shares beneficially held by  Ian Ashken)	8.	State the nature of the transaction TRANSFER/DISTRIBUTION (from Marlin Equities IV, LLC to Ian Ashken - 1,170,486 shares) TRANSFER (from Ian Ashken to Ashken Family Charitable Foundation - 100,000 shares)
9.	Number of shares, debentures or financial instruments relating to shares acquired 1,170,486 shares from Marlin Equities IV to Ian Ashken (no change in beneficial ownership)	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) Less than 1 %
11.	Number of shares, debentures or financial instruments relating to shares disposed 100,000 from Ian Ashken to the Ashken Family Charitable Foundation - 100,000 shares	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) Less than 1 %
13.	Price per share or value of transaction s 730p per share for the transfer from Ian Ashken to the Ashken Family Charitable Foundation No consideration for transfer/distribution from Marlin Equities IV,LLC	14.	Date and place of transactions 16 SEPTEMBER 2010, LONDON
15.	Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) 1,266,549 (less than 1%) - beneficially held Following the above transactions Mr Ashken holds 1,070,486 in his own name.  Mr Ashken has an indirect share interest of 46,063 through his membership interest in Marlin Equities IV,LLC. Tasburgh LLC holds 150,000 shares which Mr Ashken controls and is the managing member.  Tasburgh LLC and Marlin Equities are considered as connected persons.	16.	Date issuer informed of transaction 20 SEPTEMBER 2010

If a person discharging managerial responsibilities has been granted options by the issuer

complete the following boxes

17.	Date of grant	18.	Period during which or date on which exercisable
19.	Total amount paid (if any) for grant of the option	20.	Description of shares or debentures involved (class and number)
21.	Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise	22.	Total number of shares or debentures over which options held following notification
23.	Any additional information	24.	Name of contact and telephone number for queries PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification Gerald Watson Date of notification 21 September 2010

Notes:    This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 

END

 

 

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