Ashley House PLC Directors' & PDMRs' Dealings (1388V)

TIDMASH

RNS Number : 1388V

Ashley House PLC

31 October 2017

31 October 2017

Ashley House plc

Directors' & PDMRs' dealings

Ashley House plc (the "Company"), the health and community care property partner announces that it has processed its regular quarterly allotment of shares under the Ashley House Share Incentive Plan ("AH-SIP"; "the Plan"). The Plan is open to all staff and has been designed to increase employee engagement and staff retention. Under the scheme, the staff member currently receives two matching shares for every one share he or she purchases. Matching shares are generally forfeited if the employee leaves the business within three years.

Pursuant to the Plan, the Company has issued 108,768 new ordinary shares of 1 penny each ("New Shares"). Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM and it is expected that admission will become effective and trading will commence on 3 November 2017 ("Admission"). Following Admission, the Company will have a total of 59,766,196 shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Following Admission of the New Shares pursuant to staff participation under the Plan, the following Executive directors and PDMRs of Ashley House will have beneficial interests in the Company as shown below:

 
                            Number        Number        Total        Price       Number     % Holding 
                           of Shares    of Matching     number      paid per    of Shares 
                           purchased      Shares       of Shares     Share        owned 
                                         received      acquired     (pence) 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 
   Executive directors 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 Antony Walters             2,728         5,456         8,184        8.25       726,714       1.22% 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 Jonathan Holmes 
  *                         2,728         5,456         8,184        8.25      2,236.450      3.74% 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 
 
 PDMRs 
------------------------  --------  --------  --------  -------  ----------  ------ 
 Nigel Croxford* 
  Design & Construction 
  Director                   2,727     5,454     8,181     8.25   1,046,082   1.75% 
------------------------  --------  --------  --------  -------  ----------  ------ 
 James Hathaway 
  Director or Finance       2,727     5,454     8,181     8.25     156,552    0.26% 
------------------------  --------  --------  --------  -------  ----------  ------ 
 

* Includes spouse's holding

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial responsibilities/person closely associated 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                Antony Walters         Jonathan Holmes        Nigel Croxford         James Hathaway 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status     Chief Executive,       Commercial Director,   Design &               Director of Finance, 
                          Ashley House plc       Ashley House plc       Construction           Ashley House plc 
                                                                        Director Ashley 
                                                                        House plc 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 b)   Initial             Initial Notification   Initial Notification   Initial Notification   Initial Notification 
      notification/ 
      Amendment 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                Ashley House plc       Ashley House plc       Ashley House plc       Ashley House plc 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 b)   LEI                 2138002ATR98IMBY6B36   2138002ATR98IMBY6B36   2138002ATR98IMBY6B36   2138002ATR98IMBY6B36 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 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      Ordinary Shares of 1   Ordinary Shares of 1   Ordinary Shares of 1   Ordinary Shares of 1 
      the financial       pence each             pence each             pence each             pence each 
      instrument, type 
      of instrument 
                          GB00B1KKCZ55           GB00B1KKCZ55           GB00B1KKCZ55           GB00B1KKCZ55 
      Identification 
      code 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 b)   Nature of the       Purchase of shares     Purchase of shares     Purchase of shares     Purchase of shares 
      transaction         under SIP              under SIP              under SIP              under SIP 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 c)   Price(s) and        Price: 8.25p           Price: 8.25p           Price: 8.25p           Price: 8.25p 
      volume(s)           Volume:                Volume:                Volume:                Volume: 
                          Partnership Shares:    Partnership Shares:    Partnership Shares:    Partnership Shares: 
                          2,728                  2,728                  2,727                  2,727 
                          Matching Shares:       Matching Shares:       Matching Shares:       Matching Shares: 5,454 
                          5,456                  5,456                  5,454 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 d)   Aggregated 
      information           8,184 Shares           8,184 Shares           8,181 Shares           8,181 Shares 
      - Aggregated          8.25p                  8.25p                  8.25p                  8.25p 
      volume 
      - Price 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 e)   Date of the         27 October 2017        27 October 2017        27 October 2017        27 October 2017 
      transaction 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 f)   Place of the        London Stock           London Stock           London Stock           London Stock Exchange, 
      transaction         Exchange, AIM          Exchange, AIM          Exchange, AIM          AIM 
---  ------------------  ---------------------  ---------------------  ---------------------  ------------------------ 
 

Enquiries:

Ashley House plc 01628 600 340

Antony Walters

Jonathan Holmes

WH Ireland 0207 220 1666

(Nominated Adviser and broker to Ashley House plc)

Adrian Hadden

Ed Allsopp

James Sinclair-Ford

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 31, 2017 10:28 ET (14:28 GMT)