3rd Nov 2016 14:47
REDDE PLC - Director/PDMR ShareholdingREDDE PLC - Director/PDMR Shareholding
PR Newswire
London, November 3
• News Release •
Issue Date: 03 November 2016
Redde plc
(“Company”)
Director/PDMR Shareholding
The Company has been notified by Martin Ward and Stephen Oakley of the following transactions.
The notifications below are made in accordance with the requirements of the Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
| a) | Name | Martin Ward | ||||||||||||
| 2 | Reason for the notification | |||||||||||||
| a) | Position/status | Director | ||||||||||||
| b) | Initial notification/Amendment | Initial notification | ||||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
| a) | Name | Redde plc | ||||||||||||
| b) | LEI | N/A | ||||||||||||
| 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 | (i) B shares (with interest in Ordinary Shares); and (ii) Ordinary Shares. (i) N/A (ii) GB00BLWFOR63 | ||||||||||||
| b) | Nature of the transaction | (i) Acquisition of a co-holder’s minority interest in the B shares; and (ii) Automatic conversion of B shares into ordinary shares in the Issuer pursuant to the Issuer’s articles of association. | ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information | N/A | ||||||||||||
| - Aggregated volume - Price | N/A | |||||||||||||
| e) | Date of the transaction | (i) 02 November 2016 (acquisition of co-owner’s interest); (ii) 03 November 2016 (automatic conversion of B shares into ordinary shares). | ||||||||||||
| f) | Place of the transaction | (i) outside of trading venue; (ii) outside of trading venue. | ||||||||||||
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
| a) | Name | Stephen Oakley | ||||||||||||
| 2 | Reason for the notification | |||||||||||||
| a) | Position/status | Director | ||||||||||||
| b) | Initial notification/Amendment | Initial notification | ||||||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||||||
| a) | Name | Redde plc | ||||||||||||
| b) | LEI | N/A | ||||||||||||
| 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 | (i) B shares (with interest in Ordinary Shares); and (ii) Ordinary Shares. (i) N/A (ii) GB00BLWFOR63 | ||||||||||||
| b) | Nature of the transaction | (i) Acquisition of a co-holder’s minority interest in the B shares; and (ii) Automatic conversion of B shares into ordinary shares in the Issuer pursuant to the Issuer’s articles of association. | ||||||||||||
| c) | Price(s) and volume(s) |
| ||||||||||||
| d) | Aggregated information | N/A | ||||||||||||
| - Aggregated volume - Price | N/A | |||||||||||||
| e) | Date of the transaction | (i) 02 November 2016 (acquisition of co-owner’s interest); (ii) 03 November 2016 (automatic conversion of B shares into ordinary shares). | ||||||||||||
| f) | Place of the transaction | (i) outside of trading venue; (ii) outside of trading venue. | ||||||||||||
Related Shares:
REDD.L