Director/PDMR Shareholding

RNS Number : 6990O
Quarto Group Inc
11 October 2021
 

 

The Quarto Group Inc

 

(the 'Company')

 

Director/PDMR Shareholding

 

Quarto (LSE: QRT) announces that 1010 Printing Limited (a company incorporated in Hong Kong under registration number 1419686), and a company closely associated with Mr Chuk Kin Lau, a director of the Company, has acquired 1,679,743 shares of common stock of US$0.10 each ("Shares"), as detailed below.

 

1010 Printing Limited acquired the Shares from Mr Lau and therefore, following this transaction, the aggregate holding is unchanged at 16,859,569 Shares which represents 41.23% of the Company's issued share capital.  As a result of this transaction, Mr Lau will no longer hold any Shares.

 

 

NOTIFICATION FORMS FOR SHARE TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED TO THEM

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

1010 Printing Limited

2.

Reason for the notification

(a)

Position/status

Person closely associated with a PDMR

(b)

Initial notification / Amendment

Initial Notification

3.

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

(a)

Name

The Quarto Group Inc

(b)

LEI

549300BJ2WPX3QUATW58

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

Shares of Common Stock of Par Value US$0.10 each ("Shares")

US74772E1001

(b)

Nature of the transaction

Acquisition of Shares

(c)

Price(s) and volume(s)

Price(s)

Volume(s)



90 pence per Share

1,679,743




(d)

Aggregated information

-  Aggregated volume

- Price

Volume: 1,679,743

Price: 90 pence

(e)

Date of the transaction

2021-10-11

(f)

Place of the transaction

Outside a trading venue


 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Chuk Kin Lau

2.

Reason for the notification

(a)

Position/status

Director / PDMR

(b)

Initial notification / Amendment

Initial Notification

3.

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

(a)

Name

The Quarto Group Inc

(b)

LEI

549300BJ2WPX3QUATW58

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

Shares of Common Stock of Par Value US$0.10 each ("Shares")

US74772E1001

(b)

Nature of the transaction

Sale of Shares

(c)

Price(s) and volume(s)

Price(s)

Volume(s)



90 pence per Share

1,679,743




(d)

Aggregated information

-  Aggregated volume

- Price

Volume: 1,679,743

Price: 90 pence

(e)

Date of the transaction

2021-10-11

(f)

Place of the transaction

Outside a trading venue


 

 

======

 

The Legal Identifier of the Company is 549300BJ2WPX3QUATW58.

 

 

For further information, please contact:

 

The Quarto Group, Inc. 

 

Michael Clarke, Company Secretary     +44 20 7700 6700

 

About The Quarto Group

 

The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products, with a mission to inspire life's experiences. Produced in many formats for adults, children and the whole family, our products are visually appealing, information rich and stimulating.

 

The Group encompasses a diverse portfolio of imprints and businesses that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells and distributes its products globally in over 50 countries and 40 languages, through a variety of sales channels, partnerships and routes to market.

 

Quarto employs c.330 talented people in the US and the UK. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.

For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.

 

 

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