Young & Co's Brew. Director/PDMR Shareholding

 
TIDMYNGA 
 
 

Young & Co.'s Brewery, P.L.C.

(the "Company")

Notification by a PDMR

Circumstances giving rise to the notification

Torquil Sligo-Young, the Company's Information Resources Director, (Torquil) has today notified the Company that he and his step-mother, Helena Young (Helena), have today, for no value, disposed of 60,640 A shares of 12.5p each and 56,796 non-voting shares of 12.5p each in the Company's capital.

By way of background, in February 2015 Torquil and Helena were granted probate in respect of the estate of Thomas Young (Thomas). Thomas was the joint registered holder of the shares referred to above with John Anthony Goldsmith (John) - they held the shares as trustees. It was established in June 2016 that John predeceased Thomas and that, as such, Torquil and Helena, as legal personal representatives of Thomas, were the only people whom the Company would recognise as being entitled to the shares. Today, Torquil and Helena have exercised their statutory power to appoint two others to act as trustees of the trust concerned, and executed, in their favour, stock transfer forms in respect of the shares.

Notification

In connection with the above, the Company today received the following notification:

 
1    Details of the person discharging managerial  responsibilities/person closely associated 
a)   Name                                                         Torquil Charles fflorance Barrow Sligo-Young 
2    Reason for the notification 
a)   Position/status                                              Information Resources Director 
b)   Initial notification / Amendment                             Initial notification 
3    Details of the issuer, emission allowance market participant,  auction platform, auctioneer or auction monitor 
a)   Name                                                         Young & Co.'s Brewery, P.L.C. 
b)   LEI                                                          213800JMZDORXCMKFW06 
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  A ordinary shares of 12.5p each in the issuer's capital 
 
     Identification code 
 
                                                                  GB00B2NDK765 
b)   Nature of the transaction                                    Disposal 
c)   Price(s) and volume(s)                                       Price(s) 
                                                                  Volume(s) 
 
                                                                  nil 
                                                                  60,640 
d)   Aggregated information 
     - Aggregated volume                                          60,640 
     - Price                                                      nil 
e)   Date of the transaction                                      6 December 2016; 10:23 GMT 
f)   Place of the transaction                                     Outside a trading venue 
5    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  Non-voting ordinary shares of 12.5p each in the issuer's capital. 
 
     Identification code 
                                                                  GB00B2NDK989 
b)   Nature of the transaction                                    Disposal 
c)   Price(s) and volume(s)                                       Price(s) 
                                                                  Volume(s) 
 
                                                                  nil 
                                                                  56,796 
d)   Aggregated information 
     - Aggregated volume                                          56,796 
     - Price                                                      nil 
e)   Date of the transaction                                      6 December 2016; 10:23 GMT 
f)   Place of the transaction                                     Outside a trading venue 
 
 

Anthony Schroeder

Company Secretary

Tuesday, 6 December 2016

Tel: [phone]

View source version on businesswire.com: http://www.businesswire.com/news/home/20161206005680/en/

 
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(END) Dow Jones Newswires

December 06, 2016 05:52 ET (10:52 GMT)