REGUS PLC Director/PDMR Shareholding

 
TIDMRGU 
 
 

Regus plc ("the Company")

Notification of Transactions by Persons Discharging Managerial Responsibility and their connected persons

The Company was notified on 20 September 2016 that Mark Dixon (Director) had, on 19 September 2016, sold 37,000,000 ordinary shares of 1p each in the capital of the Company at a price of 275 pence per share.

Following this sale, Mr. Dixon holds a beneficial interest in 257,701,874 shares in the Company, representing approximately 27.68% of the total issued shares in the Company (excluding Treasury shares).

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

 
1.   Details of PDMR / person closely associated with them ("PCA") 
a)   Name                                     Mark Dixon 
b)   Position / status                        CEO 
c)   Initial notification / amendment         Initial 
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 of the financial instrument  Ordinary shares of 1 pence in Regus plc 
b)   Nature of the transaction                Sale of shares 
c)   Price(s) and volume(s)                   Price(s) 
                                              Volume(s) 
 
                                              GBP 2.75 
                                              37,000,000 
d)   Aggregated information 
                                              37,000,000 
     Aggregated volume  Price               Total gross proceeds GBP 101,750,000.00 
e)   Date of the transaction                  2016-09-19 
f)   Place of the transaction                 London 
 
 

Date of notification: 20 September 2016

View source version on businesswire.com: http://www.businesswire.com/news/home/20160920006251/en/

 
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(END) Dow Jones Newswires

September 20, 2016 10:02 ET (14:02 GMT)