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Director/PDMR Shareholding

12th Aug 2020 16:33

RNS Number : 9693V
Ascential PLC
12 August 2020
 

 

 

12 August 2020

 

 

Ascential plc

 

Notification of transactions of persons discharging managerial responsibility

 

Ascential plc ("the Company" / LSE: ASCL.L) has received notification of the following transactions by its Chief Executive Officer, Duncan Painter.

Duncan Painter has exercised 679,689 share options pursuant to the Company's Performance Share Plan and sold the resultant shares. The net proceeds from the share sale have primarily been used to settle outstanding tax liabilities resulting from share ownership Mr Painter has held in the Company since its IPO in February 2016. The remaining net proceeds have been used to purchase the Company's shares in the market.

Following these transactions, Duncan Painter has a resultant holding of 3,752,343 shares, 0.93% of ordinary shares in issue.

Additional information:

Ascential plc (LEI 213800VDXQDA7KD2IQ21)

Ordinary shares of 1p each with identification code BYM8GJ0

Prices and volumes: Sale of 679,689 shares at £3.00 per share. Purchase of 64,488 ordinary shares at £3.07533 per share.

Date of transaction: 12 August 2020

Place of transaction: London

 

Name and contact details for enquiries:

Louise Meads

Company Secretary

020 7516 5042

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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