12th Feb 2016 13:17
Young & Co.’s Brewery, P.L.C. (the “Company”)
Notification pursuant to AIM Rule 17
Circumstances giving rise to the notification
On Monday, 14 December 2015, the Company issued the following announcement:
“Today, Monday, 14 December 2015, the Company was notified by Torquil Sligo-Young, a director, that:
today 465,152 A shares of 12.5p each and 100,323 non-voting shares of 12.5p each in the Company’s capital were appropriated to him and his step-mother, Helena Young, as trustees of the Will Trust of his late father, Thomas Young; and he, his wife and his three minor children are amongst the class of discretionary beneficiaries of that Trust.Torquil Sligo-Young and Helena Young are currently registered as the joint holders of the above-mentioned shares, but in their capacity as executors of the estate of the late Thomas Young.”
Having received further legal advice yesterday, none of the above-mentioned shares are going to be appropriated to that fund within the Will Trust of which Torquil Sligo-Young’s wife is amongst the class of discretionary beneficiaries. As such, Torquil Sligo-Young’s wife has no interest in any of the above-mentioned shares.
Notification pursuant to AIM Rule 17
Torquil Sligo-Young has today notified the Company of the above.
Anthony Schroeder Company Secretary
Friday, 12 February 2016 Tel: 020 8875 7000
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