16th Mar 2018 16:30
16 March 2018
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
AND OF PERSONS CLOSELY ASSOCIATED ("PCAs")
PDMR Shareholding
The Company announces that on 13 March 2018 Mr James John Berry, a PDMR of the Company, transferred 7,320 ordinary shares of 0.003 pence each ('Ordinary Shares') to his Individual Savings Account ('ISA'). This transfer resulted in no change in the beneficial ownership by Mr Berry of the Ordinary Shares of the Company.
PCA Shareholding
The Company further announces that on 13 March 2018, Mrs Karen S Berry (PCA to Mr Berry) transferred 6,690 Ordinary Shares to her ISA. Mrs Berry also transferred 908 Ordinary Shares to her Self-Invested Personal Pension. These transfers resulted in no change in the beneficial ownership by Mrs Berry of the Ordinary Shares of the Company.
PCA gifts to children
Mrs Berry, on the same day, gifted 4,364 Ordinary Shares to each of her two children, resulting in a total of 8,728 Ordinary Shares being gifted by Mrs Berry.
Following the above PDMR and PCA shareholding transfers and the gifts, Mr Berry holds 1,650,619 Ordinary Shares and Mrs Berry holds 551,272 Ordinary Shares in the Company. In aggregate, Mr Berry and Mrs Berry hold 2,201,891 Ordinary Shares in the Company representing approximately 2.68% of the total shareholding in the Company.
Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Sally Buckmaster, Senior Counsel and Group Company Secretary
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | James John Berry | |||
2 | Reason for the notification | ||||
a) | Position/status | PDMR | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
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 | Ordinary shares of £0.003 pence each
GB00BLZH7X42
| |||
b) | Nature of the transaction | 1. Sale of Ordinary Shares. 2. Purchase of Ordinary Shares (ISA). | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 342.00p | 1. 7,320 | ||||
2. 342.00p | 2. 7,320 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 342.00p | 1. 0 | 1. £0 | |||
e) | Date of the transaction | 1. 2018-03-13 2. 2018-03-13 | |||
f) | Place of the transaction | London Stock Exchange | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Karen S Berry | |||
2 | Reason for the notification | ||||
a) | Position/status | PCA | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
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 | Ordinary shares of £0.003 pence each
GB00BLZH7X42
| |||
b) | Nature of the transaction | 1. Sale of Ordinary Shares. 2. Purchase of Ordinary Shares (ISA). 3. Sale of Ordinary Shares. 4. Purchase of Ordinary Shares (SIPP). 5. Gift of Ordinary Shares transferred to child for no consideration. 6. Gift of Ordinary Shares transferred to child for no consideration. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 342.00p | 1. 6,690 | ||||
2. 342.00p | 2. 6,690 | ||||
3. 342.00p | 3. 908 | ||||
4. 342.00p | 4. 908 | ||||
5. 0 | 5. 4,364 | ||||
6. 0 | 6. 4,364 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 0 | 1. 8,728 | 1. 0 | |||
e) | Date of the transaction | 1. 2018-03-13 2. 2018-03-13 3. 2018-03-13 4. 2018-03-13 5. 2018-03-13 6. 2018-03-13 | |||
f) | Place of the transaction | London Stock Exchange | |||
Related Shares:
RIV.L