Quarto Group Inc Director/PDMR Shareholding (4648S)

TIDMQRT

RNS Number : 4648S

Quarto Group Inc

02 October 2017

The Quarto Group, Inc.

("Quarto", "the Group" or "the Company")

NOTIFICATION OF TRANSACTION OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR PERSONS CLOSELY ASSOCIATED WITH THEM ("PCA")

In accordance with Disclosure Rule 3.1.4R(1), Quarto announces that it has received notice of the following acquisition:

Marcus Leaver, Chief Executive Officer, acquired 1,500 shares of common stock of US$0.10 each ("Shares") in Quarto at an average price of GBP 129.50p per Share on 29 September 2017.

Following this transaction, Marcus Leaver holds 387,547 Shares representing 1.90% of Quarto's issued share capital.

Following this transaction, Marcus Leaver and persons closely associated with him hold, in aggregate, 395,000 Shares representing 1.93% of Quarto's issued share capital.

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1     Details of person discharging managerial responsibilities/person 
        closely associated 
----  ------------------------------------------------------------------------------ 
 a)    Name                                     Marcus Leaver 
----  ---------------------------------------  ------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------------------ 
 a)    Position/status                          Chief Executive Officer 
----  ---------------------------------------  ------------------------------------- 
 b)    Initial notification/Amendment           INITIAL NOTIFICATION 
----  ---------------------------------------  ------------------------------------- 
 3     Details of the issuer, emissions, allowance 
        market participant, auction platorm, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------------------ 
 a)    Name                                     THE QUARTO GROUP, INC. 
----  ---------------------------------------  ------------------------------------- 
 b)    LEI                                      549300BJ2WPX3QUATW58 
----  ---------------------------------------  ------------------------------------- 
 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                           SHARES OF COMMON STOCK OF US$0.10 
        the financial                            EACH ("SHARES") 
        instrument, type 
        of instrument 
       Identification                           US74772E1001 
        Code 
----  ---------------------------------------  ------------------------------------- 
 b)    Nature of the                            ACQUISITION OF SHARES 
        transaction 
----  ---------------------------------------  ------------------------------------- 
 c)    Price(s) and                             Price(s)             Volumes(s) 
        volume(s) 
   GBP 129.50p                                                       1500 
  ----------------------------------------------------------------  ---------------- 
 d)    Aggregated information 
  - aggregated 
   volume 
  - price 
 ------------------------------------------------------------  --------------------- 
 e)    Date of transaction                      29 September 2017 
----  ---------------------------------------  ------------------------------------- 
 f)    Place of transaction                     LONDON STOCK EXCHANGE (XLON) 
----  ---------------------------------------  ------------------------------------- 
 (1) Commission Delegated Regulation (EU) 2016/522 
  of 17 December 2015 supplementing Regulation 
  (EU) No. 596/2014 of the European Parliament 
  and of the Council as retards an exemption for 
  certain third countries public bodies and central 
  banks, the indicators of market manipulation, 
  the disclosure thresholds, the competent authority 
  for notification of delays, the permission for 
  trading during closed periods and types of notifiable 
  managers' transactions (see page 1 of this Official 
  Journal). 
------------------------------------------------------------------------------------ 
 

Ends

For further information, please contact:

 
 The Quarto Group 
                                              [phone] 
 Marcus Leaver, CEO                            9002 
 Dorothee de Montgolfier, Group 
  Director of Communications 
 

About The Quarto Group

The Quarto Group (LSE: QRT) is the leading global illustrated book publishing group. Our mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world.

Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells books across 50 countries and in 39 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.

Quarto employs over 400 talented people in the US, UK and Hong Kong. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.

For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.

This information is provided by RNS

The company news service from the London Stock Exchange

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October 02, 2017 11:08 ET (15:08 GMT)