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Park Group PLC (APP)

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Wednesday 01 August, 2018

Park Group PLC

Issue of Equity

RNS Number : 5374W
Park Group PLC
01 August 2018
 

Park Group plc

("Park" the "Company" or the "Group")

Issue of Equity

 

The Company announces that 241,584 new ordinary shares of 2p each in the Company ("Ordinary Shares") have been issued following the exercise of employee share options in connection with the Company's Save As You Earn scheme ("SAYE").

 

Application has been made for the admission to AIM ("Admission") of 241,584 new Ordinary Shares, being the total number of shares issued following the award of shares under the Company's SAYE scheme.

 

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 7 August 2018.

 

Following Admission, the Company's enlarged issued share capital will be 185,979,943 Ordinary Shares. This figure of 185,979,943 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

 

For further information please contact:

 

Park Group plc

Arden Partners plc

Tavistock

 

Ian O'Doherty

 

Steve Douglas

Benjamin Cryer

 

Jeremy Carey

Sophie Praill

 

Tel: 0151 653 1700

 

Tel: 020 7614 5920

 

Tel: 020 7920 3150

 

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 the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Martin Stewart

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Park Group plc

b)

 

LEI

 

 

213800MQ5U1F8SPHK638

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

 

 

Ordinary shares of 2p each

 

 

ISIN :   GB0006710643

 

b)

 

Nature of the transaction

 

 

Exercise of options over ordinary shares granted under SAYE scheme

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£0.567

31,746

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (Single transaction)

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

1 August 2018

f)

 

Place of the transaction

 

 

Outside of a trading venue

 

 


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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