7th Jul 2020 13:50
Next Fifteen Communications Group plc
(“Next 15” or the “Company”)
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
The Company announces that on Friday 3 July 2020 the following transactions were made by the directors of Next 15 in the Ordinary shares of 2.5p each of the Company (“Ordinary Shares”):
Tim Dyson, Chief Executive Officer of the Company, received 74,404 Ordinary Shares at nil cost following the vesting of performance shares awarded on 2 May 2017 under the Next Fifteen Communications Group plc Long-Term Incentive Plan.
Peter Harris, Chief Financial Officer of the Company, received 34,487 Ordinary Shares at nil cost following the vesting of performance shares awarded on 2 May 2017 under the Next Fifteen Communications Group plc Long-Term Incentive.
On the same day, following the above transactions:
Tim Dyson, Chief Executive Officer of the Company, sold 74,404 Ordinary Shares received following vesting the LTIP award above in London at a price of 365p per share. Following this transaction, Mr. Dyson continues to have an interest in a total of 5,077,997 Ordinary Shares, representing approximately 5.6% of the Company’s issued share capital.
Peter Harris, Chief Financial Officer of the Company, sold 17,244 of the 34,487 Ordinary Shares received following vesting the LTIP award above in London at a price of 365p per share in order to satisfy the tax liability arising on vesting of that award. Following this transaction, Mr. Harris now has an interest in a total of 371,565 Ordinary Shares, representing approximately 0.4% of the Company’s issued share capital.
Following the completion of the transactions described above, the Company will have 89,961,444 Ordinary Shares in issue. No shares are held in treasury.
Enquiries:
Next Fifteen Communications Group plc
Nick Lee Morrison, General Counsel and Company Secretary
+44 (0) 20 7908 6444
Numis
Nick Westlake, Mark Lander, Hugo Rubinstein
+44 (0)20 7260 1000
The notifications set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of PDMR / person closely associated with them ("PCA") | |||
a) | Name | Tim Dyson | ||
2. Reason for the notification | ||||
a) | Position/ status | Chief Executive Officer | ||
b) | Initial notification / amendment | Initial notification | ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Next Fifteen Group Communications PLC | ||
b) | LEI: | 213800BK9MBUZUUPMZ63 | ||
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 the transactions have been conducted. | |||
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 | ||
b) | Nature of the transaction | Acquisition of Ordinary Shares pursuant to vesting under the Next Fifteen Communication Group PLC Long Term Incentive Plan, for nil consideration | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
£nil | 74,404 | |||
|
| |||
d) | Aggregated information Aggregated volume Price | Vesting of 74,404 Ordinary Shares at nil cost.
| ||
e) | Date of the transaction | 03 July 2020 | ||
f) | Place of the transaction | Outside a trading venue. | ||
1. | Details of PDMR / person closely associated with them ("PCA") | |||
a) | Name | Tim Dyson | ||
2. Reason for the notification | ||||
a) | Position/ status | Chief Executive Officer | ||
b) | Initial notification / amendment | Initial notification | ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Next Fifteen Group Communications PLC | ||
b) | LEI: | 213800BK9MBUZUUPMZ63 | ||
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 the transactions have been conducted. | |||
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 | ||
b) | Nature of the transaction | Sale of Ordinary Shares | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s)
|
|
£3.65 | 74,404 | |||
d) | Aggregated information Aggregated volume Price | 74,404 Ordinary Shares were sold at £3.65 with an aggregated volume price of £271,574.60. | ||
e) | Date of the transaction | 03 July 2020 | ||
f) | Place of the transaction | London Stock Exchange (AIM) | ||
1. | Details of PDMR / person closely associated with them ("PCA") | |||
a) | Name | Peter Harris | ||
2. Reason for the notification | ||||
a) | Position/ status | Chief Financial Officer | ||
b) | Initial notification / amendment | Initial notification | ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Next Fifteen Group Communications PLC | ||
b) | LEI: | 213800BK9MBUZUUPMZ63 | ||
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 the transactions have been conducted. | |||
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 | ||
b) | Nature of the transaction | Acquisition of Ordinary Shares pursuant to vesting under the Next Fifteen Communication Group PLC Long Term Incentive Plan, for nil consideration. | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
£nil | 34,487 | |||
d) | Aggregated information Aggregated volume Price | Vesting of 34,487 Ordinary Shares at nil cost.
| ||
e) | Date of the transaction | 03 July 2020 | ||
f) | Place of the transaction | Outside a trading venue. | ||
1. | Details of PDMR / person closely associated with them ("PCA") | |||
a) | Name | Peter Harris | ||
2. Reason for the notification | ||||
a) | Position/ status | Chief Financial Officer | ||
b) | Initial notification / amendment | Initial notification | ||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||
a) | Name | Next Fifteen Group Communications PLC | ||
b) | LEI: | 213800BK9MBUZUUPMZ63 | ||
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 the transactions have been conducted. | |||
a) | Description of the financial instrument | Ordinary Shares of 2.5p ISIN: GB0030026057 | ||
b) | Nature of the transaction | Sale of Ordinary Shares | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
£3.65 | 17,244 | |||
d) | Aggregated information Aggregated volume Price | 17,244 Ordinary Shares were sold at £3.65 with an aggregated volume price of £62,940.60. | ||
e) | Date of the transaction | 03 July 2020 | ||
f) | Place of the transaction | London Stock Exchange (AIM) | ||
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