Kings Arms Yard VCT PLC : Director/PDMR Shareho...

This is a correction of the announcement from 17:43 01.02.2016 GMT. Reason for the correction: Updated director holding.

KINGS ARMS YARD VCT PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

 

Kings Arms Yard VCT PLC

 

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; or

 

(ii) a disclosure made in accordance with section 793 of the Companies Act 2006; or

 

(iii) both (i) and (ii)

 

Notification in accordance with (iii)

 

3. Names of persons discharging managerial responsibilities/director

 

T. Chambers:                (Director of Kings Arms Yard VCT PLC)

E. Lascelles:                  (Partner - Albion Ventures LLP)

C. Ruedig:                     (Partner - Albion Ventures LLP)

V. Hansrani                   (Finance Director of Albion Ventures LLP)

 

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

T. Chambers is a Director of Kings Arms Yard VCT PLC and the other individuals referred to in 3 above are members and staff of Albion Ventures LLP, the Investment Manager.

 

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

 

The notification is in respect of direct holdings for the individuals referred to in 3 above.

 

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

New Ordinary shares of 1 penny each

 

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

T. Chambers:                383,781 Ordinary shares

E. Lascelles:                  7,055 Ordinary shares

C. Ruedig:                      23,064 Ordinary shares

V. Hansrani:                  17,593 Ordinary shares

 

8. State the nature of the transaction

 

Issue of New Ordinary shares under the Albion VCTs Prospectus Top Up Offers 2015/2016

 

9. Number of shares, debentures or financial instruments relating to shares acquired

 

T. Chambers:                9,900 Ordinary shares

E. Lascelles:                  6,600 Ordinary shares

C. Ruedig:                      24,752 Ordinary shares

V. Hansrani:                  4,950 Ordinary shares

 

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

0.021% (Ordinary shares)

11. Number of shares, debentures or financial instruments relating to shares disposed

 

Nil

 

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

 

13. Price per share or value of transaction

 

£0.202 pence per New Ordinary share

 

14. Date and place of transaction

 

29 January 2016 London Stock Exchange.

 

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

T. Chambers:                393,681 Ordinary shares (0.177%)

E. Lascelles:                  13,655 Ordinary shares (0.006%)

C. Ruedig:                      47,816 Ordinary shares (0.020%)

V. Hansrani:                  22,543 Ordinary shares (0.010%)

 

16. Date issuer informed of transaction

 

29 January 2016

 

Notes

This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4R(1).

 

(1)  An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24

(2)  An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24 - N/A.

(3)  An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24 - N/A.

(4)  An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24 - N/A.

 

Name of contact and telephone number for queries

 

Vikash Hansrani - tel: [phone]

Finance Director of Albion Ventures LLP as Company Secretary to Kings Arms Yard VCT PLC

 

2 February 2016

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kings Arms Yard VCT PLC via Globenewswire

HUG#1983038