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Rivr&Merctl Grp Plc (RIV)

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Wednesday 14 March, 2018

Rivr&Merctl Grp Plc

Director/PDMR Shareholding

RNS Number : 7519H
River and Mercantile Group PLC
14 March 2018
 

14 March 2018

LEI: 2138005C7REHURGWHW31

 

 

River and Mercantile Group PLC ("the Company")

 

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

 

 

The Company announces that between the 9 March 2018 and 13 March 2018 Hugh Richard Sergeant, a PDMR of the Company, sold 100,000 ordinary shares of 0.003 pence each ('Ordinary Shares') in three tranches as follows:

 

·     19,471 Ordinary Shares at a price of 335.22 pence each;

·     15,000 Ordinary Shares at a price of 332.00 pence each; and

·     65,529 Ordinary Shares at a price of 332.00 pence each.

 

Following this sale, Mr Sergeant holds 1,121,610 Ordinary Shares representing 1.366% of the total shareholding in the Company and his wife, Ana Sergeant (PCA to Mr Sergeant), holds 100,000 Ordinary Shares in the Company.

 

Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.

 

For further information please contact:

River and Mercantile Group PLC +44 (0)20 3327 5100

Sally Buckmaster, Senior Counsel and Group Company Secretary

 

 

 

 

1

Details  of  the  person  discharging  managerial  responsibilities  /  person  closely associated

a)

Name

Hugh Richard Sergeant

2

Reason for the notification

a)

Position/status

PDMR

b)

Initial notification/Amendment

Initial notification

3

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

a)

Name

River and Mercantile Group PLC

b)

LEI

2138005C7REHURGWHW31

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)

Descriptio of    th financial instrument, type of instrument

Identification code

Ordinary shares of £0.003 pence each

 

GB00BLZH7X42

 

b)

Nature of the transaction

1.    Sale of Ordinary Shares.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1.    335.22p

1.    19,471

2.    332.00p

2.    15,000

3.    332.00p

3.    65,529

d)

Aggregated information

-      Aggregated volume

-      Price

Price

Volume

Total

1.    335.22p

1.   19,471   

1.    £65,270.69

2.    332.00p

2.   15,000

2.    £49,800.00

3.    332.00p

3.   65,529

3.    £217,556.28

e)

Date of the transaction

1.    2018-03-09

2.    2018-03-12

3.    2018-03-13

 

f)

Place of the transaction

London Stock Exchange

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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