Director/PDMR Shareholding

RNS Number : 3726K
Impax Asset Management Group plc
20 December 2022
 

 

 

 

Impax Asset Management Group plc

 

Director/PDMR Shareholding

Impax Asset Management Group plc (the "Company") announces that it has received notification of the following transactions in ordinary shares in the Company ("Ordinary Shares") by persons discharging managerial responsibilities.

Ian Simm, Chief Executive, sold 20,000 ordinary shares partly to satisfy tax liabilities arising from the vesting of share awards at an average price of 693.50p. Charlie Ridge, Chief Financial Officer, sold 9,437 ordinary shares to satisfy tax liabilities arising from the vesting of share awards at an average price of 693.50p.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Ian Simm

2.

Reason for the notification

a)

Position / status

Chief Executive

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Ordinary Shares of 1p each in Impax Asset Management Group plc

 

IPX

GB0004905260

b)

Nature of the transaction

Sale of shares following vesting of share awards

c)

Price(s) and volume(s)

Price(s)

Volume(s)

693.50p per Ordinary Share

20,000

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 20,000

Aggregated price: 693.50p

Total aggregated price: £138,700

 

e)

Date of the transaction

19 December 2022

 

f)

Place of the transaction

 

London Stock Exchange

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Charlie Ridge

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

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Ordinary Shares of 1p each in Impax Asset Management Group plc

 

IPX

GB0004905260

b)

Nature of the transaction

Sale of shares following vesting of share awards

c)

Price(s) and volume(s)

Price(s)

Volume(s)

693.50p per Ordinary Share

9,437

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 9,437

Aggregated price: 693.50p

Total aggregated price: £65,445.60

 

e)

Date of the transaction

19 December 2022

 

f)

Place of the transaction

 

London Stock Exchange

 

LEI number:  213800AJDNW4S2B7E680

-ENDS-

Enquiries:

 

Impax Asset Management Group plc

Ian Simm, Chief Executive    +44 (0)20 3912 3000

Paul French, Head of Corporate Communications  +44 (0)20 3912 3032

p.french@impaxam.com  

 

Montfort Communications

Gay Collins    +44(0)77 9862 6282

Lesley Wang    +44(0)77 5232 9851

impax@montfort.london

Peel Hunt LLP, Nominated Adviser and Joint Broker

Paul Shackleton    +44 (0)20 7418 8900

John Welch

Berenberg, Joint Broker

Ben Wright     +44 (0)20 3207 7800

Gillian Martin

 

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