20th Sep 2016 15:01
Regus plc (“the Company”)
Notification of Transactions by Persons Discharging Managerial Responsibility and their connected persons
The Company was notified on 20 September 2016 that Mark Dixon (Director) had, on 19 September 2016, sold 37,000,000 ordinary shares of 1p each in the capital of the Company at a price of 275 pence per share.
Following this sale, Mr. Dixon holds a beneficial interest in 257,701,874 shares in the Company, representing approximately 27.68% of the total issued shares in the Company (excluding Treasury shares).
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
| 1. | Details of PDMR / person closely associated with them (“PCA”) | ||||
| a) | Name | Mark Dixon | |||
| b) | Position / status | CEO | |||
| c) | Initial notification / amendment | Initial | |||
| 2. | 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 | Ordinary shares of 1 pence in Regus plc | |||
| b) | Nature of the transaction | Sale of shares | |||
| c) | Price(s) and volume(s) | Price(s) Volume(s)
GBP 2.75 37,000,000 | |||
| d) | Aggregated information Aggregated volume Price |
37,000,000 Total gross proceeds GBP 101,750,000.00 | |||
| e) | Date of the transaction | 2016-09-19 | |||
| f) | Place of the transaction | London | |||
Date of notification: 20 September 2016
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