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Ten Lifestyle Group (TENG)

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Thursday 23 January, 2020

Ten Lifestyle Group

Director/PDMR Shareholding January 2020

RNS Number : 7013A
Ten Lifestyle Group PLC
23 January 2020
 

23 January 2020

Ten Lifestyle Group plc

("Ten" or the "Company")

 

Director/PDMR Shareholding

 

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel service platform for the world's wealthy and mass affluent, announces that it received notification yesterday of the following Director transactions which took place on 22 January 2020.

 

Director

Position

Ordinary Shares sold

Resultant

beneficial shareholding

Resultant beneficial shareholding % of ISC

Alex Cheatle

Chief Executive Officer

700,000

11,041,684

13.69

Andrew Long

Chief Operational Officer and Chief Executive Officer (Asia)

1,000,000

3,862,249

4.79

Sarah Hornbuckle

Client Services Director

100,000

701,483*

0.87

*Includes 44,000 Ordinary Shares held by Sarah's husband, John Harrison.

This denotes the first sale of ordinary shares of 0.1p each in the Company ("Ordinary Shares") made by any Director since the Company's IPO in November 2017. As laid out in the table above, the Directors still have sizeable shareholdings in the Company and remain excited by its future prospects.

The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the sale of the Ordinary Shares.

For further information, please visit https://www.tengroup.com/ or contact:

 

Ten Lifestyle Group Plc

Alex Cheatle, Chief Executive Officer

Alan Donald, Chief Financial Officer

via Tavistock

+44 (0)20 7479 3427



Peel Hunt LLP, Nominated Advisor and Broker

Edward Knight

George Sellar

Nick Prowting

 

+44 (0) 20 7418 8900

Tavistock, Financial PR & IR

Jos Simson

Simon Hudson

Heather Armstrong

+44 (0) 20 7920 3150

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Alex Cheatle

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

 Initial Notification

3

 

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

a)

Name

 Ten Lifestyle Group Plc

b)

LEI

213800YK94ZUOJUMN686

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

Ordinary shares of 0.1p each ("Ordinary Shares")



Identification code

ISIN: GB00BF188X60



b)

Nature of the transaction

Sale of Ordinary Shares 

c)


Price(s) and volume(s)









Price(s)

Volume(s)






£1.20

700,000

 

 









d)

 

Aggregated information




- Aggregated volume

700,000



- Price

£1.20



e)

Date of the transaction

22 January 2020

f)

Place of the transaction

London Stock Exchange (XLON); AIM

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Andrew Long

2

Reason for the notification

a)

Position/status

Group Chief Operational Officer and Chief Executive Officer (Asia)

b)

Initial notification /Amendment

 Initial Notification

3

 

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

a)

Name

 Ten Lifestyle Group Plc

b)

LEI

213800YK94ZUOJUMN686

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

Ordinary shares of 0.1p each ("Ordinary Shares")



Identification code

ISIN: GB00BF188X60



b)

Nature of the transaction

Sale of Ordinary Shares  

c)


Price(s) and volume(s)









Price(s)

Volume(s)






£1.20

1,000,000









d)

 

Aggregated information




- Aggregated volume

1,000,000



- Price

£1.20



e)

Date of the transaction

22 January 2020

f)

Place of the transaction

London Stock Exchange (XLON); AIM

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Sarah Hornbuckle

2

Reason for the notification

a)

Position/status

Client Services Director

b)

Initial notification /Amendment

 Initial Notification

3

 

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

a)

Name

 Ten Lifestyle Group Plc

b)

LEI

213800YK94ZUOJUMN686

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

Ordinary shares of 0.1p each ("Ordinary Shares")



Identification code

ISIN: GB00BF188X60



b)

Nature of the transaction

Sale of Ordinary Shares  

c)


Price(s) and volume(s)









Price(s)

Volume(s)






£1.20

100,000









d)

 

Aggregated information




- Aggregated volume

100,000



- Price

£1.20



e)

Date of the transaction

22 January 2020

f)

Place of the transaction

London Stock Exchange (XLON); AIM

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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