3rd Oct 2022 16:18
3 October 2022
LEI: 213800LFMHKVNTZ7GV45
AssetCo plc ("AssetCo" or the "Company")
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")
AssetCo announces that on 29 September 2022 Alex Hoctor-Duncan (a PDMR) received 106,160 ordinary shares of £0.01 in the Company ("Ordinary Shares") as part of the settlement of his legacy River and Mercantile Group PLC ("RMG") buy-out award (the "Buy-out Award"). The Buy-out Award vested early as a result of the Company's acquisition of RMG in accordance with the terms of the Buy-out Award deed.
PDMR | Number of Ordinary Shares received | Holdings in Company |
Alex Hoctor-Duncan | 106,160 | 801,902 |
Formal notifications in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.
For further information, please contact:
AssetCo plc Campbell Fleming Peter McKellar, Deputy Chairman Tel: +44 (0) 785 0464 301 | Numis Securities Limited Nominated adviser and joint broker Giles Rolls / Charles Farquhar Tel: +44 (0) 20 7260 1000 |
Panmure Gordon (UK) Limited Joint broker Charles Leigh-Pemberton / Atholl Tweedie Tel: +44 (0) 20 7886 2906 | Maitland/AMO Neil Bennett Rachel Cohen Tel: +44 (0) 20 7379 55151 |
For further details, visit the website, www.assetco.com
Ticker: AIM: ASTO.L
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a) | Name
| Alex Hoctor-Duncan | |||
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
| AssetCo plc | |||
b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
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 | Ordinary shares of £0.01 each | |||
Identification code | GB00BQ2K3557 | ||||
b)
| Nature of the transaction
| Vested legacy buy-out award | |||
c)
| Price(s) and volume(s) |
| |||
Price(s) | Volume(s) |
| |||
£0 | 106,160 |
| |||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 106,160 | ||||
- Price
| £0 | ||||
|
| ||||
e)
| Date of the transaction
| 29 September 2022 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
Related Shares:
Assetco