Ashley House PLC Directors' & PDMRs' Dealings (4908M)

TIDMASH

RNS Number : 4908M

Ashley House PLC

28 July 2017

Ashley House plc

Directors' & PDMRs' dealings

Ashley House plc (the "Company"), the health and community care property partner announces that it has processed its regular quarterly allotment of shares under the Ashley House Share Incentive Plan ("AH-SIP"; "the Plan"). The Plan is open to all staff and has been designed to increase employee engagement and staff retention. Under the scheme, the staff member currently receives two matching shares for every one share he or she purchases. Matching shares are generally forfeited if the employee leaves the business within 3 years.

Pursuant to the Plan, the Company has issued 114,627 new ordinary shares of 1 penny each ("New Shares"). Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM and it is expected that admission will become effective and trading will commence on 3 August 2017 ("Admission"). Following Admission, the Company will have a total of 59,657,428 shares in issue. This figure may 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 and Transparency Rules.

Following Admission, the following Executive directors and PDMRs of Ashley House will have beneficial interests in the Company as shown below:

 
                            Number        Number        Total        Price       Number     % Holding 
                           of Shares    of Matching     number      paid per    of Shares 
                           purchased      Shares       of Shares     Share        owned 
                                         received      acquired     (pence) 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 
   Executive directors 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 Antony Walters             2,855         5,710         8,565        7.88       718,530       1.20% 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 Jonathan Holmes 
  *                         2,855         5,710         8,565        7.88      2,228,266      3.74% 
-----------------------  -----------  -------------  -----------  ----------  -----------  ---------- 
 
 
 PDMRs 
------------------------  --------  --------  --------  -------  ----------  ------ 
 Nigel Croxford* 
  Design & Construction 
  Director                   2,855     5,710     8,565     7.88   1,037,901   1.74% 
------------------------  --------  --------  --------  -------  ----------  ------ 
 James Hathaway 
  Director or Finance       2,855     2,855     8,565     7.88     148,371    0.25% 
------------------------  --------  --------  --------  -------  ----------  ------ 
 

* Includes spouse's holding

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                  Antony Walters         Jonathan Holmes       Nigel Croxford        James Hathaway 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 2    Reason for the notification 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status       Chief Executive,       Commercial            Design &              Director of Finance, 
                            Ashley House plc       Director, Ashley      Construction          Ashley House plc 
                                                   House plc             Director Ashley 
                                                                         House plc 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 b)   Initial               Initial Notification   Initial               Initial               Initial Notification 
      notification/                                Notification          Notification 
      Amendment 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 3    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------------------------------------------------------- 
 a)   Name                  Ashley House plc       Ashley House plc      Ashley House plc      Ashley House plc 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 b)   LEI                   N/A                    N/A                   N/A                   N/A 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 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    Ordinary Shares of 1   Ordinary Shares of    Ordinary Shares of    Ordinary Shares of 1 
      financial             pence each             1 pence each          1 pence each          pence each 
      instrument, type of 
      instrument 
                            GB00B1KKCZ55           GB00B1KKCZ55          GB00B1KKCZ55          GB00B1KKCZ55 
      Identification code 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 b)   Nature of the         Purchase of shares     Purchase of shares    Purchase of shares    Purchase of shares 
      transaction           under SIP              under SIP             under SIP             under SIP 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 c)   Price(s) and          Price: 7.88p           Price: 7.88p          Price: 7.88p          Price: 7.88p 
      volume(s)             Volume:                Volume:               Volume:               Volume: 
                            Partnership Shares:    Partnership Shares:   Partnership Shares:   Partnership Shares: 
                            2,855                  2,855                 2,855                 2,855 
                            Matching Shares:       Matching Shares:      Matching Shares:      Matching Shares: 5,710 
                            5,710                  5,710                 5,710 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 d)   Aggregated 
      information             8,565 Shares           8,565 Shares          8,565 Shares          8,565 Shares 
      - Aggregated volume     7.88p                  7.88p                 7.88p                 7.88p 
      - Price 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 e)   Date of the           28 July 2017           28 July 2017          28 July 2017          28 July 2017 
      transaction 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 f)   Place of the          London Stock           London Stock          London Stock          London Stock Exchange, 
      transaction           Exchange, AIM          Exchange, AIM         Exchange, AIM         AIM 
---  --------------------  ---------------------  --------------------  --------------------  ------------------------ 
 

Enquiries:

Ashley House plc 01628 600 340

Antony Walters

Jonathan Holmes

WH Ireland 0207 220 1666

(Nominated Adviser and broker to Ashley House plc)

Adrian Hadden

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 28, 2017 11:45 ET (15:45 GMT)