Notification Of Transaction

RNS Number : 0148J

Quarto Group Inc

06 September 2016

 

The Quarto Group, Inc.

("Quarto", the "Group" or the "Company") 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR PERSONS CLOSELY ASSOCIATED WITH THEM ("PCA")

Quarto announces that it received notice on 5 September 2016 that Susan Connole, the wife of Michael Connole, Chief Financial Officer, acquired 5,383 shares of common stock of $0.10 each ("Shares") in Quarto at a price of 279.85 pence per Share on 5 September 2016.

Following this transaction, Susan Connole holds 5,383 Shares representing 0.026% of Quarto's issued share capital and Michael Connole, and persons closely associated with him, hold, in aggregate, 15,383 Shares representing 0.075% of the Company's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

1	Details of person discharging managerial responsibilities/person closely associated
a)	Name	SUSAN CAROLINE CONNOLE
2	Reason for the notification
a)	Position/status	PERSON CLOSELY ASSOCIATED WITH A PDMR (MICHAEL CONNOLE'S WIFE)
b)	Initial notification/Amendment	INITIAL NOTIFICATION
3	Details of the issuer, emissions, allowance market participant, auction platorm, auctioneer or auction monitor
a)	Name	THE QUARTO GROUP, INC.
b)	LEI
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 intrument	SHARES OF COMMON STOCK OF US$0.10 EACH ("SHARES")
	Identification Code	US74772E1001
b)	Nature of the transaction	ACQUISITION OF SHARES
c)	Price(s) and volume(s)	Price(s)	Volumes(s)
		279.85 PENCE PER SHARE	5,383
d)	Aggregated information
	- aggregated volume
	- price
e)	Date of transaction	5 SEPTEMBER 2016
f)	Place of transaction	LONDON STOCK EXCHANGE (XLON)
(1) Commission Delegated Regulation (EU) 2016/522 of 17 December 2015 supplementing Regulation (EU) No. 596/2014 of the European Parliament and of the Council as retards an exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notification of delays, the permission for trading during closed periods and types of notifiable managers' transactions (see page 1 of this Official Journal).

Ends

For further information please contact:

Quarto                                                                                020 7700 9002

Michael Connole, CFO          Dorothée de Montgolfier, Group Director of Communications

Bell Pottinger                                                                    020 3772 2491

Elly Williamson

Lucy Stewart

About The Quarto Group: 

The Quarto Group (LSE: QRT) is the leading global illustrated non-fiction book publisher and distribution group. Its mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world. 

Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells books across 45 countries and in 35 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.

Quarto employs over 400 talented people in the US, UK, Hong Kong, Australia and New Zealand. 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 quartoknows.com or follow us on Twitter at @TheQuartoGroup. 

 

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