Director/PDMR Shareholding

Pollen Street Group Ltd

07 May 2024

 

7 May 2024

Pollen Street Group Limited

Director/PDMR Dealing

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
a)	Name	Ian Gascoigne
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pollen Street Group Limited
b)	LEI	894500LP94M98N8CY487
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 ISIN: GG00BMHG0H12
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 6.7639 40,000
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	2 May 2024
f)	Place of the transaction	Off exchange (XOFF).

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ian Gascoigne
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Pollen Street Group Limited
b)	LEI	894500LP94M98N8CY487
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 ISIN: GG00BMHG0H12
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) GBP 6.708763 160,000
d)	Aggregated information   - Aggregated volume   - Price	N/A
e)	Date of the transaction	7 May 2024
f)	Place of the transaction	Off exchange (XOFF).

Enquiries:

For further information about this announcement please contact:

Pollen Street

Shareholder Relations: [e-mail] / [phone]

Pollen Street - Corporate Development Director

Shweta Chugh

[e-mail]

[phone]

FGS Global - Communications Advisor

Chris Sibbald

[e-mail]

[phone]

Barclays Bank plc - Joint Broker

Neal West / Stuart Muress

[phone]

Investec Bank plc - Joint Broker

Ben Griffiths / Bruce Garrow

[phone]

Link Company Matters Limited - Company Secretary

[e-mail] 

About Pollen Street

Pollen Street is an alternative asset manager dedicated to investing with the financial and business services sectors across both private equity and private credit strategies. The business was founded in 2013 and has consistently delivered top tier returns alongside growing AuM.

The Pollen Street group benefits from a complementary set of asset management activities focused on managing third-party AuM (the "Asset Manager") together with on-balance sheet investments (the "Investment Company").

The Asset Manager raises capital from top tier investors and deploys it into its private equity and private credit strategies.

The Investment Company invests in strategies aligned with core strategies of the group and today the investment portfolio is aligned with the private credit strategy. The portfolio is a well-diversified pool of primarily senior credit assets to high quality borrowers generating strong returns together with capital preservation. The portfolio consists of both direct investments and investments in funds managed by Pollen Street.

 

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