Photo-Me International PLC Issue of Equity and PDMR Dealing (8437Z)

TIDMPHTM

RNS Number : 8437Z

Photo-Me International PLC

19 December 2017

Photo-Me International plc

("Photo-Me", or the "Company" or the "Group")

Issue of Equity and PDMR Dealing

Photo--Me, the instant--service equipment group, was notified on 18 December 2017, Françoise Coutaz--Replan, Non--executive Director, exercised options over 50,000 Ordinary Shares of 0.5p each in the Company ("Ordinary Shares") under the Company's share option plan at a price of 65.25p per Ordinary Share and subsequently sold 50,000 Ordinary Shares in the market at a price of 179.00p per Ordinary Share (the "Transaction").

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares and have been admitted to trading on the London Stock Exchange's main market for listed securities under the Company's existing block admission.

Following the Transaction on Francoise Coutaz--Replan is interested in 200,000 Ordinary Shares of 0.5p each in the Company, representing 0.05 percent of the issued share capital of the Company.

In accordance with the FCA's Disclosure Guidance and Transparency Rules, following the Transaction, the Company's issued share capital will consist of 376,990,637 Ordinary Shares of 0.5p each. The Company does not hold any Ordinary Shares in Treasury.

The figure of 376,990,637 Ordinary Shares should 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.

Enquiries:

Photo-Me International plc -

   Del Mansi (Company Secretary)                                      01372 453399 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1     Details of the person discharging managerial 
        responsibilities / person closely associated 
----  ----------------------------------------------------------------- 
 a)    Name 
                                     Françoise Coutaz-Replan 
----  --------------------------  ------------------------------------- 
 2     Reason for the notification 
----  ----------------------------------------------------------------- 
 a)    Position/status             Non-executive Director 
----  --------------------------  ------------------------------------- 
 b)    Initial notification        Initial notification 
        /Amendment 
----  --------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance 
        market participant, auction platform, auctioneer 
        or auction monitor 
----  ----------------------------------------------------------------- 
 a)    Name                        Photo-Me International plc 
----  --------------------------  ------------------------------------- 
 b)    LEI                         2138006YJ65EKBYYYX41 
----  --------------------------  ------------------------------------- 
 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 0.5p each 
        the financial               in the Company 
        instrument, type 
        of instrument 
---- 
 
       Identification              GB0008481250 
        code 
 
 b)    Nature of the               Exercise and subsequent sale 
        transaction                 of shares 
----  --------------------------  ------------------------------------- 
 c)    Price(s) and volume(s)       Exercise of 
                                     options 
----                               ---------------------  ----------- 
                                    Price(s)               Volume(s) 
----                               ---------------------  ----------- 
    65.25 pence 
     per ordinary 
     share                                                 50,000 
   -----------------------------------------------------  ----------- 
 
                                      Sale of shares 
      --------------------------   ---------------------  ----------- 
                                    Price(s)               Volume(s) 
      --------------------------   ---------------------  ----------- 
    179.00 pence 
     per ordinary 
     share                                                 50,000 
   -----------------------------------------------------  ----------- 
 d)    Aggregated information 
---- 
 
  - Aggregated volume         Exercise of options: 50,000 
                               ordinary shares of 0.5 pence 
                               each exercised at 65.25pence 
                               per ordinary share 
 
  - Price                     Share sale: 50,000 ordinary 
                               shares of 0.5pence each sold 
                               at 179.00 pence per ordinary 
                               share. 
 
 e)    Date of the transaction     18 December 2017 
----  --------------------------  ------------------------------------- 
 f)    Place of the transaction    London Stock Exchange (XLON), 
                                    Main Market 
----  --------------------------  ------------------------------------- 
 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 19, 2017 11:33 ET (16:33 GMT)