Director/PDMR Shareholding

RNS Number : 2466Z
AIB Group PLC
13 December 2017
 

 

 

 

 

 

 

13 December 2017

 

 

AIB GROUP PLC ("AIB" or "the Company")

 

 

Notification of Transactions of Persons Discharging Managerial Responsibility and their Persons Closely Associated

 

As announced on 11 December 2017, the Company became the holding company of the AIB group on 8 December 2017 by means of a scheme of arrangement of Allied Irish Banks, p.l.c. ("AIB plc") under Chapter 1 of Part 9 of the Companies Act 2014 (and a related reduction of capital of AIB plc) (the "Scheme").

 

Under the terms of the Scheme, ordinary shares and/or any interests in ordinary shares in AIB plc held by Persons Discharging Managerial Responsibility ("PDMRs") and Persons Closely Associated with PDMRs ("PCAs") of AIB plc were, in effect, exchanged on a one for one basis for ordinary shares and/or interests in ordinary shares in the Company. Accordingly, there is no change to the number of ordinary shares and/or interests in ordinary shares in the Company held by such persons as against the number of ordinary shares and/or interests in ordinary shares held in AIB plc immediately before the Scheme became effective.

 

Copies of the formal notifications received by the Company from its PDMRs and, where applicable, their PCAs are attached to this announcement. As at the time of receipt of the relevant notifications, the nominal value of the Company's ordinary shares was €2.47. However, as announced earlier today, the High Court of Ireland has approved the reduction of the nominal value of the Company's ordinary shares from €2.47 to €0.625. That reduction will become effective when the High Court order and minute are registered with the Companies Registration Office, however, such reduction will not of itself otherwise affect the information set out in the notifications.

 

 

 

- Ends -

 

 

 

 

 

 

For further information, please contact:

 

Sarah McLaughlin

Group Company Secretary

AIB Bankcentre

Dublin

Tel: +353-1-6414489

email:

sarah.j.mclaughlin@aib.ie

Niamh Hore

Investor Relations

AIB Bankcentre

Dublin

Tel: +353-1-6411817

email:

niamh.a.hore@aib.ie

Orla Bird

Head of Communications

AIB Bankcentre

Dublin

Tel: +353-1-6415375

email:

orla.c.bird@aib.ie

 

 

 

1.  Details of the person discharging managerial responsibilities

Name:

Richard Pym

2.   Reason for the notification

Position/status

Non-Executive Chairman

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

2,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 

 

 

 

 

 

 

 

 

 

1.  Details of the person discharging managerial responsibilities

Name:

Simon Ball

2.   Reason for the notification

Position/status

Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were exchanged, on a one-for-one basis, for shares in AIB Group plc.

5,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 

 

 

 

 

 

 

 

 

1.  Details of the person discharging managerial responsibilities

Name:

Mark Bourke

2.   Reason for the notification

Position/status

Chief Financial Officer

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

2,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 



 

1.  Details of the person discharging managerial responsibilities

Name:

Bernard Byrne

2.   Reason for the notification

Position/status

Chief Executive Office

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

2,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 



 

1.  Details of the person discharging managerial responsibilities

Name:

Thomas (Tom) Foley

2.   Reason for the notification

Position/status

Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were exchanged, on a one-for-one basis, for shares in AIB Group plc.

2,501

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 

 

 

 

 

 

 

 

 

1.  Details of the person discharging managerial responsibilities

Name:

Peter Hagan

2.   Reason for the notification

Position/status

Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were exchanged, on a one-for-one basis, for shares in AIB Group plc.

8,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 

 

 

 

 

 

 

 

 

1.  Details of the person discharging managerial responsibilities and person closely associated

Name:

Carolan Lennon and Sean Wickham

2.   Reason for the notification

Position/status

Carolan Lennon, Non-Executive Director

Sean Wickham, Person Closely Associated [Spouse] to Carolan Lennon, Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

2,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

Additional information

These shares were purchased jointly in the account name, Carolan Lennon and Sean Wickham

 

 

 

 

 

1.  Details of the person discharging managerial responsibilities

Name:

Brendan McDonagh

2.   Reason for the notification

Position/status

Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

10,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 

 



 

1.  Details of the person closely associated with person discharging managerial responsibilities

Name:

Michael Warren-Smith

2.   Reason for the notification

Position/status

Person Closely Associated [Spouse] to Helen Normoyle, Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

2,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 



 

1.  Details of the person discharging managerial responsibilities

Name:

Catherine Woods

2.   Reason for the notification

Position/status

Senior Independent Non-Executive Director

Initial notification/amendments

Initial Notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name of legal entity

AIB Group plc

Legal Entity Identifier code

635400AKJBGNS5WNQL34

4.   Details of the transaction(s)

Description of financial instrument, type of instrument

Ordinary share of €2.47 each

 

 

Identification code

IE00BF0L3536

Nature of transaction

Issuance of shares in connection with the cancellation of ordinary shares in Allied Irish Banks, p.l.c. pursuant to the Scheme of Arrangement which came into effect on 8th December 2017.

Currency

EUR

Price and volume

Price

Volume

Exchange ratio applicable under the terms of the Scheme of Arrangement whereby shares held in Allied Irish Banks, p.l.c. were in effect exchanged, on a one-for-one basis, for shares in AIB Group plc.

24,000

Aggregated information

N/A

Date of transaction

2017-12-08

Place of transaction

Outside of trading venue. Shares issued pursuant to a Scheme of Arrangement.

 


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