7th Oct 2016 16:45
Aldermore Group PLC
(the "Company")
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company announces that the PDMRs noted below have each cancelled an option to purchase ordinary shares of 10 pence each in the Company. The options were previously granted on 29 October 2015 pursuant to the Aldermore Group PLC Sharesave Plan.
Name | Position | Number of Shares Under Option | Date of Cancellation |
Phillip Monks | Chief Executive Officer | 7,142 | 6 October 2016 |
Paul Myers | Group Corporate Development Director | 3,571 | 7 October 2016 |
Both Mr Monks and Mr Myers have confirmed that they have submitted an application to save the maximum amount permissible under the Company's 2016 Sharesave invitation. A further announcement will be made following the grant of options under this invitation. The date of grant is expected to be 12 October 2016, subject to any requirement to scale back applications.
This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules sourcebook and EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Phillip Monks | ||||
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 | Aldermore Group PLC | ||||
b) | LEI | N/A | ||||
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 | Option over 7,142 ordinary shares granted under Sharesave Plan (option price £2.52)
GB00BQQMCJ47 | ||||
b) | Nature of the transaction | Cancellation of option on withdrawal from Sharesave Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 2016-10-06 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Paul Myers | ||||
2 | Reason for the notification | |||||
a) | Position / status | Group Corporate Development Director | ||||
b) | Initial notification / Amendment | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Aldermore Group PLC | ||||
b) | LEI | N/A | ||||
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 | Option over 3,571 ordinary shares granted under Sharesave Plan (option price £2.52)
GB00BQQMCJ47 | ||||
b) | Nature of the transaction | Cancellation of option on withdrawal from Sharesave Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | N/A | ||||
e) | Date of the transaction | 2016-10-07 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Rachel Spencer
Company Secretary
7 October 2016
Related Shares:
ALD.L