We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hastings Group Holdings Plc | LSE:HSTG | London | Ordinary Share | GB00BYRJH519 | ORD GBP0.02 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 249.60 | 249.60 | 249.80 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHSTG
RNS Number : 7250S
Hastings Group Holdings plc
23 December 2016
FOR IMMEDIATE RELEASE
23 December 2016
Hastings Group Holdings plc (the "Company")
Director/PDMR Shareholding
The Company announces that it has been notified by Edward Fitzmaurice, a director of the Company, that he has purchased 12.5m ordinary shares of 2 pence each ("Ordinary Shares") in the Company, representing 1.9% of the Company's total issued share capital, at a price of 233.2 pence per share for an aggregate cash consideration of GBP29.15m. The transaction took place on 23 December 2016.
The shares were acquired from Peel Hunt LLP which had acquired the shares from Hastings Investco Limited ("Investco"), the Company's principal shareholder, in which Mr Fitzmaurice has an underlying interest and, therefore, an indirect interest in the Company's Ordinary Shares.
Following the transaction, Mr Fitzmaurice's indirect interest in the Company's Ordinary Shares, via Investco, has been reduced and he now holds a direct interest in the Company's Ordinary Shares. Mr Fitzmaurice has agreed to remain bound to the unexpired term of the 90-day lock-up applied to the shares under the terms of the Placing of the Company's Ordinary Shares announced on 5 October 2016; the period of lock-up expires on 2 January 2017.
Mr Fitzmaurice has entered into a personal loan facility with HSBC and has granted a security interest in favour of HSBC over the 12.5m Ordinary Shares purchased as security for any amounts which may be due from time to time under the facility. He remains the beneficial owner of the shares subject to the pledge, and retains full voting rights.
The above transaction does not alter the overall position stated in the Company's announcement of 14 December 2016 relating to holdings of the GS Shareholders and Founder Shareholders, which include Mr Fitzmaurice.
This notification is made in order to satisfy both section 793 of the Companies Act 2006 and article 19 of the Market Abuse Regulation.
Hastings Group
+44 (0) 142 473 8220
Tony Leppard, Company Secretary
Instinctif Partners
+44 (0) 207 457 2020
Mike Davies | Nick Woods | Giles Stewart
Notes:
Founder Shareholders and GS Shareholders
For the purposes of this announcement, the "Founder Shareholders" are Neil Utley (and certain members of his immediate family), Edward Fitzmaurice, Keith Charlton, Richard Brewster and Narmali Utley and the "GS Shareholders" are Hastings A, L.P., Hastings B, L.P and Goldman Sachs & Co.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHGCBDDRGDBGLX
(END) Dow Jones Newswires
December 23, 2016 04:09 ET (09:09 GMT)
1 Year Hastings Chart |
1 Month Hastings Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions