Director/PDMR Shareholding January 2020

RNS Number : 7013A

Ten Lifestyle Group PLC

23 January 2020

 

23 January 2020

Ten Lifestyle Group plc

("Ten" or the "Company")

Director/PDMR Shareholding

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel service platform for the world's wealthy and mass affluent, announces that it received notification yesterday of the following Director transactions which took place on 22 January 2020.

Director	Position	Ordinary Shares sold	Resultant beneficial shareholding	Resultant beneficial shareholding % of ISC
Alex Cheatle	Chief Executive Officer	700,000	11,041,684	13.69
Andrew Long	Chief Operational Officer and Chief Executive Officer (Asia)	1,000,000	3,862,249	4.79
Sarah Hornbuckle	Client Services Director	100,000	701,483*	0.87

*Includes 44,000 Ordinary Shares held by Sarah's husband, John Harrison.

This denotes the first sale of ordinary shares of 0.1p each in the Company ("Ordinary Shares") made by any Director since the Company's IPO in November 2017. As laid out in the table above, the Directors still have sizeable shareholdings in the Company and remain excited by its future prospects.

The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the sale of the Ordinary Shares.

For further information, please visit https://www.tengroup.com/ or contact:

Ten Lifestyle Group Plc Alex Cheatle, Chief Executive Officer Alan Donald, Chief Financial Officer	via Tavistock [phone]
Peel Hunt LLP, Nominated Advisor and Broker Edward Knight George Sellar Nick Prowting	[phone]
Tavistock, Financial PR & IR Jos Simson Simon Hudson Heather Armstrong	[phone]

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name	Alex Cheatle
2		Reason for the notification
a)		Position/status	Chief Executive Officer
b)		Initial notification /Amendment	Initial Notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name	Ten Lifestyle Group Plc
b)		LEI	213800YK94ZUOJUMN686
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 0.1p each ("Ordinary Shares")
		Identification code	ISIN: GB00BF188X60
b)		Nature of the transaction	Sale of Ordinary Shares
c)		Price(s) and volume(s)
				Price(s)	Volume(s)
				£1.20	700,000
d)		Aggregated information
		- Aggregated volume	700,000
		- Price	£1.20
e)		Date of the transaction	22 January 2020
f)		Place of the transaction	London Stock Exchange (XLON); AIM

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name	Andrew Long
2		Reason for the notification
a)		Position/status	Group Chief Operational Officer and Chief Executive Officer (Asia)
b)		Initial notification /Amendment	Initial Notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name	Ten Lifestyle Group Plc
b)		LEI	213800YK94ZUOJUMN686
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 0.1p each ("Ordinary Shares")
		Identification code	ISIN: GB00BF188X60
b)		Nature of the transaction	Sale of Ordinary Shares
c)		Price(s) and volume(s)
				Price(s)	Volume(s)
				£1.20	1,000,000
d)		Aggregated information
		- Aggregated volume	1,000,000
		- Price	£1.20
e)		Date of the transaction	22 January 2020
f)		Place of the transaction	London Stock Exchange (XLON); AIM

1		Details of the person discharging managerial responsibilities / person closely associated
a)		Name	Sarah Hornbuckle
2		Reason for the notification
a)		Position/status	Client Services Director
b)		Initial notification /Amendment	Initial Notification
3		Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)		Name	Ten Lifestyle Group Plc
b)		LEI	213800YK94ZUOJUMN686
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 0.1p each ("Ordinary Shares")
		Identification code	ISIN: GB00BF188X60
b)		Nature of the transaction	Sale of Ordinary Shares
c)		Price(s) and volume(s)
				Price(s)	Volume(s)
				£1.20	100,000
d)		Aggregated information
		- Aggregated volume	100,000
		- Price	£1.20
e)		Date of the transaction	22 January 2020
f)		Place of the transaction	London Stock Exchange (XLON); AIM

 

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