PDMR Shareholding - ICM sale

RNS Number : 3598U

Utilico Emerging Markets Limited

06 April 2016

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 UTILICO EMERGING MARKETS LIMITED	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 with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). RELATES TO (i) ABOVE BY THE MANAGER

3.	Name of person discharging managerial responsibilities/director ICM LIMITED	4.	State whether notification relates to a person connected with a person discharging managerial responsibilities/ director named in 3 and identify the connected person PERMANENT MUTUAL LIMITED

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 NOTIFICATION RELATES TO PERMANENT MUTUAL LIMITED BENEFICIAL INTEREST	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 PERMANENT MUTUAL LIMITED (through State Street)	8	State the nature of the transaction DISPOSAL OF SHARES

9.	Number of shares, debentures or financial instruments relating to shares acquired N/A	10.	Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) N/A

11.	Number of shares, debentures or financial instruments relating to shares disposed 450,333	12.	Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 0.21%

13.	Price per share or value of transaction 175.00p	14.	Date and place of transaction 05 APRIL 2016, LONDON

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

ICM LIMITED:

Nil

0.00%

PERMANENT MUTUAL LIMITED:

Nil

0.00%

16.

Date issuer informed of transaction

06 APRIL 2016

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