Impax Asset Management Group plc PDMR disclosure (0160R)

TIDMIPX

RNS Number : 0160R

Impax Asset Management Group plc

05 December 2016

5 December 2016

Impax Asset Management Group plc

Grant of shares /PDMR disclosure

Impax Asset Management Group plc (the "Company") announces that it has awarded 200,000 restricted ordinary shares in the Company (the "Shares") to Charlie Ridge, Chief Financial Officer.

One-third of the Shares will vest in three years, a further third will vest in four years and the final third will vest in five years.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

 
 1.   Details of PDMR / person closely associated 
       with them ('PCA') 
---  --------------------------------------------------------- 
 a)   Name                     Charlie Ridge 
---  -----------------------  -------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------- 
 a)   Position / status        Chief Financial Officer 
---  -----------------------  -------------------------------- 
 b)   Initial notification     Initial notification 
       / amendment 
---  -----------------------  -------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------- 
 a)   Name                     Impax Asset Management Group 
                                plc 
---  -----------------------  -------------------------------- 
 b)   LEI                      213800AJDNW4S2B7E680 
---  -----------------------  -------------------------------- 
 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              Ordinary Shares of 1p each 
       of the financial         in Impax Asset Management 
       instrument,              Group plc 
       type of financial 
       instrument               GB0004905260 
       Identification 
       Code 
---  -----------------------  -------------------------------- 
 b)   Nature of the            Charlie Ridge has been awarded 
       transaction              200,000 restricted ordinary 
                                shares. 
                                One-third of the Shares will 
                                vest in three years, a further 
                                third will vest in four years 
                                and the final third will vest 
                                in five years. 
---  -----------------------  -------------------------------- 
 c)   Price(s) and              Price(s)      Volume(s) 
       volume(s)                ------------  ---------- 
                                 0p (nil) 
                                  per share    200,000 
                                ------------  ---------- 
---  -----------------------  -------------------------------- 
 d)   Aggregated information   Aggregated volume: 200,000 
       Aggregated volume        Aggregated price: 0p (nil) 
       Price                    Total aggregated price: 0p 
                                (nil) 
---  -----------------------  -------------------------------- 
 e)   Date of the              2016-12-01 
       transaction 
---  -----------------------  -------------------------------- 
 f)   Place of the             Outside of trading venue 
       transaction 
---  -----------------------  -------------------------------- 
 

Enquiries:

Impax Asset Management Group plc

Anne Gilding, Head of Brand & Communications

Zack Wilson, Group General Counsel and Company Secretary

[phone] (switchboard)

Peel Hunt LLP (Nominated adviser and Broker)

Guy Wiehahn

[phone]

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 05, 2016 12:21 ET (17:21 GMT)