15th Dec 2017 11:15
Young & Co.’s Brewery, P.L.C. (the “Company”)
Notifications by a PDMR and a person closely associated with a PDMR
Circumstances giving rise to the notifications
In 2014, Torquil Sligo-Young (Information Resources Director) was granted an option over 1,071 A ordinary shares of 12.5p each in the Company’s capital pursuant to the Young & Co.’s Brewery, P.L.C. Savings-Related Share Option Scheme (the “ Scheme ”). The option price is 840p per share. The option has been exercised in full today.
Torquil has today gifted 1,071 A ordinary shares to his spouse, Rachel Sligo-Young (a person closely associated with him). He has also sold 1,262 A ordinary shares of 12.5p each in the Company’s capital (which were held in a nominee account) at 1370p per share.
As a result, the Company today received the notifications set out below.
From Torquil Sligo-Young:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Torquil Charles fflorance Barrow Sligo-Young | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Information Resources Director | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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, under the issuer’s savings-related share option scheme, to purchase 1,071 A ordinary shares of 12.5p each in the capital of Young & Co.’s Brewery, P.L.C. at 840p per share.
GB00B2NDK765 (for the underlying A ordinary shares of 12.5p each in the capital of Young & Co.’s Brewery, P.L.C.) | |||
| b) | Nature of the transaction | Exercise of the option referred to in a) above. | |||
| c) | Price(s) and volume(s) | Price(s) £8.40
Volume(s) 1,071 | |||
| d) | Aggregated information - Aggregated volume - Price |
1,071 £8.40 | |||
| e) | Date of the transaction | 2017-12-15; 00:01 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Torquil Sligo-Young:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Torquil Charles fflorance Barrow Sligo-Young | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Information Resources Director | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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 | A ordinary shares of 12.5p each in the issuer’s capital.
GB00B2NDK765. | |||
| b) | Nature of the transaction | A gift of shares to his spouse | |||
| c) | Price(s) and volume(s) | Price(s) Nil
Volume(s ) 1,071 | |||
| d) | Aggregated information - Aggregated volume - Price |
1,071 Nil | |||
| e) | Date of the transaction | 2017-12-15; 09:31 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Rachel Sligo-Young:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Rachel Mary Sligo-Young | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | This notification concerns a person closely associated with a person discharging managerial responsibilities. The person discharging managerial responsibilities is Torquil Charles fflorance Barrow Sligo-Young, the issuer’s Information Resources Director. The association arises by virtue of Rachel Mary Sligo-Young being the spouse of Mr. Sligo-Young. | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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 | A ordinary shares of 12.5p each in the issuer’s capital.
GB00B2NDK765. | |||
| b) | Nature of the transaction | A receipt of a gift of shares from her spouse | |||
| c) | Price(s) and volume(s) | Price(s) Nil
Volume(s ) 1,071 | |||
| d) | Aggregated information - Aggregated volume - Price |
1,071 Nil | |||
| e) | Date of the transaction | 2017-12-15; 09:31 GMT | |||
| f) | Place of the transaction | Outside a trading venue | |||
From Torquil Sligo-Young:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Torquil Charles fflorance Barrow Sligo-Young | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Information Resources Director | |||
| b) | Initial notification / Amendment | Initial notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Young & Co.’s Brewery, P.L.C. | |||
| b) | LEI | 213800JMZDORXCMKFW06 | |||
| 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 | A ordinary shares of 12.5p each in the issuer’s capital.
GB00B2NDK765 | |||
| b) | Nature of the transaction | Sale of shares | |||
| c) | Price(s) and volume(s) | Price(s) £13.70
Volume(s ) 1,262 | |||
| d) | Aggregated information - Aggregated volume - Price |
1,262 £13.70 | |||
| e) | Date of the transaction | 2017-12-15; 09:23 GMT | |||
| f) | Place of the transaction | London Stock Exchange (AIM) | |||
Krishan Pandit
Assistant Company Secretary
Friday, 15 December 2017
Tel: 020 8875 7000
View source version on businesswire.com: http://www.businesswire.com/news/home/20171215005237/en/
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