Darty PLC Notification of Transactions (7836E)

TIDMDRTY

RNS Number : 7836E

Darty PLC

20 July 2016

Darty plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities ("PDMRs")

The Company was informed on 19 July 2016 by the following individuals who were, at the date of the transaction, PDMRs, that, following their acceptance of the recommended cash offer by Group Fnac S.A. ("Fnac") for the entire issued ordinary share capital of the Company in respect of their shareholdings in the Company, the transfer of those shares took effect on 19 July 2016, being the date on which the Offer was declared wholly unconditional by Fnac.

 
 1.   Details of the PDMR / person closely associated 
       with them ("PCA") 
---  ------------------------------------------------------------------------------------------------------------------------- 
 a)   Name                           Director PDMRs 
                                      Alan Parker 
                                      Régis Schultz 
                                      Albin Jacquemont 
                                      Pascal Bazin 
                                      Carlo D'Asaro Biondo 
                                      Antoine Metzger 
                                      Agnès Touraine 
                                      Alison Reed 
                                      Michel Léonard 
                                      Non-director PDMRs 
                                      Simon Enoch 
                                      Benoit Jaubert 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 b)   Position                       Director PDMRs 
       / status                       Alan Parker (Chairman) 
                                      Régis Schultz (Chief Executive 
                                      Director) 
                                      Albin Jacquemont (Finance Director) 
                                      Pascal Bazin (Non-Executive 
                                      Director) 
                                      Carlo D'Asaro Biondo (Non-Executive 
                                      Director) 
                                      Antoine Metzger (Non-Executive 
                                      Director) 
                                      Agnès Touraine (Non-Executive 
                                      Director) 
                                      Alison Reed (Non-Executive 
                                      Director) 
                                      Michel Léonard (Non-Executive 
                                      Director) 
                                      Non-director PDMRs 
                                      Simon Enoch (Company Secretary) 
                                      Benoit Jaubert (Managing Director 
                                      of Etablissements Darty et 
                                      Fils SAS) 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 c)   Initial notification           Initial notification 
       / amendment 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 2.   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                    Ordinary shares of 30 Euro 
       of the financial               Cents 
       instrument, 
       type of instrument 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 b)   Nature of                      Sale of ordinary shares pursuant 
       the transaction                to the takeover offer made 
                                      by Fnac for the Company 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 c)   Price(s)                        Director and non-director PDMRs   Price(s)   Volume(s) 
       and volume(s)                  --------------------------------  ---------  ------------------------ 
                                       Alan Parker                       170p       459,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Régis Schultz                170p       339,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Albin Jacquemont                  170p       45,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Pascal Bazin                      170p       25,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Carlo D'Asaro Biondo              170p       25,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Antoine Metzger                   170p       25,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Agnès Touraine               170p       40,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Alison Reed                       170p       20,161 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Michel Léonard               170p       30,000 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Simon Enoch                       170p       63,014 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
                                       Benoit Jaubert                    170p       32,828 ordinary shares 
                                      --------------------------------  ---------  ------------------------ 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 d)        Aggregated                  Director and non-director PDMR   Aggregate volume            Aggregate total (at 170p) 
           information                 -------------------------------  --------------------------  -------------------------- 
            *    Aggregated volume      Alan Parker                      459,000 ordinary shares     GBP780,300 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Régis Schultz               339,000 ordinary shares     GBP576,300 
            *    Price                 -------------------------------  --------------------------  -------------------------- 
                                        Albin Jacquemont                 45,000 ordinary shares      GBP76,500 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Pascal Bazin                     25,000 ordinary shares      GBP42,500 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Carlo D'Asaro Biondo             25,000 ordinary shares      GBP42,500 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Antoine Metzger                  25,000 ordinary shares      GBP42,500 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Agnès Touraine              40,000 ordinary shares      GBP68,000 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Alison Reed                      20,161 ordinary shares      GBP34,273.70 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Michel Léonard              30,000 ordinary shares      GBP51,000 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Simon Enoch                      63,014 ordinary shares      GBP107,123.80 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Benoit Jaubert                   32,828 ordinary shares      GBP55,807.60 
                                       -------------------------------  --------------------------  -------------------------- 
                                        Total:                           1,104,003 ordinary shares   GBP1,876,805.10 

                                       -------------------------------  --------------------------  -------------------------- 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 e)   Date of the                    2016-07-19 (GMT) 
       transaction 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 f)   Place of                       London Stock Exchange 
       the transaction 
---  -----------------------------  ------------------------------------------------------------------------------------------ 
 

This notification is made in accordance with the requirements of the EU Market Abuse Regulation.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 20, 2016 11:24 ET (15:24 GMT)