15th Aug 2018 16:43
15 August 2018
Arena Event Group plc
("Arena", the "Company" or the "Group")
Director/PDMR Dealings
Arena Events Group plc (AIM: ARE, "Arena", the "Company" or the "Group"), announces that each director of the Company has agreed to participate in the Placing to raise up to £20 million announced on 14 August 2018.
Accordingly, the following directors/PDMRs have agreed to subscribe for Placing Shares in the following amounts at the Issue Price:
Director/PDMR | Number of existing Ordinary Shares held | Number of Placing Shares subscribed for | Resultant holding following Admission on 5 September 2018 | Percentage holding following Admission of the Placing Shares |
Ken Hanna | 90,000 | 83,334 | 173,334 | 0.11% |
Greg Lawless1 | 6,640,755 | 83,333 | 6,724,088 | 4.43% |
Piers Wilson | 143,674 | 83,333 | 227,007 | 0.15% |
Ian Metcalfe | 90,000 | 20,800 | 110,800 | 0.07% |
1. Includes shares held by Gaitsford Investments Limited, a company wholly owned and controlled by Greg Lawless.
Capitalised terms shall have the same meaning as those defined in the Company's announcement published on 14 August 2018.
For further information, please contact:
Arena Events Group plc Greg Lawless (CEO) Piers Wilson (CFO)
Cenkos Securities (Nomad and Broker) |
+44(0)203 770 3838
+44(0)207 397 8900 |
Max Hartley (Corporate Finance) Julian Morse (Sales) | |
Alma PR (Financial PR) |
+44(0)208 004 4217 |
Josh Royston / John Coles / Helena Bogle |
About Arena Events Group
Arena Events Group plc (www.arenagroup.com) is a provider of temporary physical structures, seating, ice rinks, furniture and interiors. The Group has operations across Europe, the US, the Middle East and Asia, and current clients include Wimbledon Tennis, The Open, PGA European Tour and Ryder Cup.
The Group services major sporting, outdoor and leisure events, providing a managed solution from concept and design through to the construction and integration of the final structure and interior. Contracts range in size and complexity from a simple equipment rental for a local outdoor event, to an integrated solution of multiple structures and interiors for a major international sporting event.
Related Shares:
ARE.L