Vesting - Share Matching Scheme/PDMR Shareholdings

RNS Number : 0587D

EPE Special Opportunities Limited

05 October 2018

 

EPE Special Opportunities Limited

Vesting of the Share Matching Scheme and PDMR Shareholdings

Vesting of the Share Matching Scheme

EPE Special Opportunities Limited (the "Company") announces that, on 4 October 2018 in the offices of the Company's administrator, certain awards made under the Company's share matching scheme (the "Scheme") vested to certain members of EPIC Private Equity LLP ("EPE"), the Company's investment advisor, and to certain Directors of the Company (together the "Participants") (the "Vesting").

As a result of the Vesting, the Participants' interests in jointly held vesting ordinary shares ("Matching Shares") have increased such that the Participants now hold the entire beneficial interest in the Matching Shares (as opposed to just a portion of the beneficial interest) and the Participants now hold the full legal title to those ordinary shares.

The interests in the Matching Shares were transferred to Participants from the Company's employee benefit trust. The number of ordinary shares in issue, not held by the Company in treasury, is unchanged by the Vesting and remains 28,299,838 ordinary shares (which should be used as the denominator for calculations of interests in the Company's voting rights).

PDMR Shareholding

Certain members of EPE and certain Directors of the Company (being PDMRs of the Company) have received the entire beneficial interest and legal title to the Matching Shares as part of the Vesting described above. The details of the Matching Shares received by PDMRs are provided below:

PDMR	Role	Number of vesting Matching Shares held	Number of ordinary shares held pre Vesting	Number of ordinary shares held post Vesting	Percentage of total voting rights held post Vesting
Geoffrey Vero	Chairman of the Board and Company Director	18,182	105,532	123,714	0.4%
Robert Quayle	Company Director	6,818	87,883	94,701	0.3%
Clive Spears	Company Director	6,818	105,787	112,605	0.4%
Nicholas Wilson	Company Director	6,818	105,743	112,561	0.4%
Giles Brand	Managing Partner of EPE	27,273	6,393,525	6,420,798	22.7%
Hiren Patel	Managing Partner, Finance Director and Head of Compliance of EPE	30,000	290,417	320,417	1.1%

The notification of dealing forms for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

The person responsible for releasing this information on behalf of the Company is Hilary Jones of R&H Fund Services (Jersey) Limited.

Enquiries:

EPIC Private Equity LLP	[phone] Alex Leslie
R&H Fund Services (Jersey) Limited	[phone] Hilary Jones
Cardew Group Limited	[phone] Richard Spiegelberg
Numis Securities Limited	[phone]
Nominated Advisor:	Stuart Skinner / Hugh Jonathan
Corporate Broker:	Charles Farquhar

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Geoffrey Vero
2.	Reason for the notification
a)	Position/status	Chairman of the Board and Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary shares of 5p each. ISIN: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		107.85 pence	Interest in 18,182 Ordinary Shares
d)	Aggregated information: Price 107.85 pence Volume Interest in 18,182 Ordinary Shares
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Robert Quayle
2.	Reason for the notification
a)	Position/status	Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary shares of 5p each. ISIN: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		107.85 pence	Interest in 6,818 Ordinary Shares
d)	Aggregated information: Price 107.85 pence Volume Interest in 6,818 Ordinary Shares
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Clive Spears
2.	Reason for the notification
a)	Position/status	Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary shares of 5p each. ISIN: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		107.85 pence	Interest in 6,818 Ordinary Shares
d)	Aggregated information: Price 107.85 pence Volume Interest in 6,818 Ordinary Shares
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Nicholas Wilson
2.	Reason for the notification
a)	Position/status	Company Director
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary shares of 5p each. ISIN: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		107.85 pence	Interest in 6,818 Ordinary Shares
d)	Aggregated information: Price 107.85 pence Volume Interest in 6,818 Ordinary Shares
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Giles Brand
2.	Reason for the notification
a)	Position/status	Managing Partner of EPE
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary shares of 5p each. ISIN: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		107.85 pence	Interest in 27,273 Ordinary Shares
d)	Aggregated information: Price 107.85 pence Volume Interest in 27,273 Ordinary Shares
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	London Stock Exchange; AIM

1.	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Hiren Patel
2.	Reason for the notification
a)	Position/status	Partner, Finance Director and Head of Compliance of EPE
b)	Initial notification/Amendment:	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	EPE Special Opportunities Limited
b)	LEI	213800BQKN9C23A7LK98
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	Ordinary shares of 5p each. ISIN: BMG3163K1053
b)	Acquisition of interest in shares
c)	Price(s) and volume(s): (Note 1)	Price(s)	Volume(s)
		107.85 pence	Interest in 30,000 Ordinary Shares
d)	Aggregated information: Price 107.85 pence Volume Interest in 30,000 Ordinary Shares
e)	Date of the transaction	4 October 2018
f)	Place of the transaction	London Stock Exchange; AIM

Note 1: PDMRs acquired an interest in each ordinary share for the price given ("Interest Price"). The Interest Price was calculated in relation to the size of interest purchased (i.e. size of the interest not already held by the PDMR), the Company's closing price on the day prior to the Vesting and the Company's closing price on the day prior to the granting of the share matching award.

 

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