Director/PDMR Shareholding

RNS Number : 6118B

AssetCo PLC

03 October 2022

 

3 October 2022

LEI: 213800LFMHKVNTZ7GV45

AssetCo plc ("AssetCo" or the "Company")

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR")

AssetCo announces that on 29 September 2022 Alex Hoctor-Duncan (a PDMR) received 106,160 ordinary shares of £0.01 in the Company ("Ordinary Shares") as part of the settlement of his legacy River and Mercantile Group PLC ("RMG") buy-out award (the "Buy-out Award"). The Buy-out Award vested early as a result of the Company's acquisition of RMG in accordance with the terms of the Buy-out Award deed.  

PDMR	Number of Ordinary Shares received	Holdings in Company
Alex Hoctor-Duncan	106,160	801,902

Formal notifications in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.

For further information, please contact:

AssetCo plc Campbell Fleming Peter McKellar, Deputy Chairman Tel: [phone]	Numis Securities Limited Nominated adviser and joint broker Giles Rolls / Charles Farquhar Tel: [phone]
Panmure Gordon (UK) Limited Joint broker Charles Leigh-Pemberton / Atholl Tweedie Tel: [phone]	Maitland/AMO Neil Bennett Rachel Cohen Tel: [phone]

For further details, visit the website, www.assetco.com

Ticker: AIM: ASTO.L

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Alex Hoctor-Duncan
2	Reason for the notification
a)	Position/status	PDMR
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AssetCo plc
b)	LEI	213800LFMHKVNTZ7GV45
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	Ordinary shares of £0.01 each
	Identification code	GB00BQ2K3557
b)	Nature of the transaction	Vested legacy buy-out award
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			£0	106,160
d)	Aggregated information
	- Aggregated volume	106,160
	- Price	£0
e)	Date of the transaction	29 September 2022
f)	Place of the transaction	Outside a trading venue

 

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