Director/PDMR Shareholding

RNS Number : 2771S

S & U PLC

19 December 2016

 

 S & U PLC ("S&U" or "the Company")

Notification of Major Interest in Shares and Director/PDMR Shareholding

19 December 2016

S&U were advised on 19 December 2016 that Jennifer Coombs has today transferred 250,000 shares to Fiann Coombs at nil cost and 250,000 shares to another family member also at nil cost.

Following this transfer, the holding of Jennifer Coombs is 1,855,698 Ordinary Shares representing 15.5% of the total voting rights of the Company.

Following this transfer, the holding of Fiann Coombs who is a non-executive director of S&U is 283,550 Ordinary Shares representing 2.4% of the total voting rights of the Company.

The information set out below is provided in accordance with the requirements of DTR 5.3.1R

Notification of Major Interest in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			S & U plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				No
Other (please specify):				No
3. Full name of person(s) subject to the notification obligation: iii		Jennifer Coombs
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		19 December 2016
6. Date on which issuer notified:		19 December 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		19% & 16%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

12.5p Ordinary Shares

2,355,698

2,355,698

1,855,698

1,855,698

15.5%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,855,698

15.5%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Chris Redford, Company Secretary S&U plc

15. Contact telephone number:

0121 705 7777

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Fiann Coombs
2	Reason for the notification
a)	Position/status	Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	S&U PLC
b)	LEI
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 12.5p each ISIN :      GB0007655037
b)	Nature of the transaction	Transfer of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume(s) nil 250,000
d)	Aggregated information - Aggregated volume - Price	N/A (Single transaction)
e)	Date of the transaction	19 December 2016
f)	Place of the transaction	London Stock Exchange (XLON)

 

END

 

 

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