Young & Co's Brew. Director/PDMR Shareholding

 
TIDMYNGA 
 
 

Young & Co.'s Brewery, P.L.C. (the "Company")

Profit sharing scheme - further pre-retirement release of shares - and related notification

Circumstances giving rise to the notification

Further to the Company's announcements made on 14 November and 1 December 2016 (relating to the release of all or the vast majority of the 499,348 A ordinary shares of 12.5p each in the Company's capital allocated to 72 current and former employees under the Company's profit sharing scheme), the Company reports that today, 26 January 2017, a further 69,888 of those shares are being released to 13 of the individuals concerned. This now leaves 57,176 shares, allocated to 22 current or former employees, still in the scheme.

Notification

In connection with the above, the Company today received the following notification:

From RBT II Trustees Ltd:

 
1    Details of the person discharging managerial  responsibilities/person closely associated 
a)   Name                                                         RBT II Trustees Ltd 
2    Reason for the notification 
a)   Position/status                                              This notification concerns a person closely associated with a person  discharging managerial responsibilities. The person discharging  managerial responsibilities is Torquil Charles fflorance Barrow  Sligo-Young, the issuer's Information Resources Director. The  association arises by virtue of Mr. Sligo-Young being the chairman  of the board of two directors of RBT II Trustees Limited. 
b)   Initial notification / Amendment                             Initial notification 
3    Details of the issuer, emission allowance market participant,  auction platform, auctioneer or auction monitor 
a)   Name                                                         Young & Co.'s Brewery, P.L.C. 
b)   LEI                                                          213800JMZDORXCMKFW06 
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 the financial instrument, type of instrument  A ordinary shares of 12.5p each in the issuer's capital 
 
     Identification code 
 
                                                                  GB00B2NDK765 
b)   Nature of the transaction                                    In connection with the issuer's profit sharing scheme, the release  of 69,888 A ordinary shares from the Ram Brewery Trust II for nil  consideration. 
c)   Price(s) and volume(s)                                       Price(s)   Volume(s) 
 
                                                                  Nil        69,888 
 
 
d)   Aggregated information 
     - Aggregated volume                                          69,888 
     - Price                                                      nil 
e)   Date of the transaction                                      26 January 2017; 08:33 GMT 
f)   Place of the transaction                                     Outside a trading venue 
 
 

Anthony Schroeder

Company Secretary

Thursday, 26 January 2017

Tel: [phone]

View source version on businesswire.com: http://www.businesswire.com/news/home/20170126005431/en/

 
This information is provided by Business Wire 
 
 

(END) Dow Jones Newswires

January 26, 2017 04:21 ET (09:21 GMT)