Ashley House PLC Directors' & PDMRs' Dealings (4934W)

TIDMASH

RNS Number : 4934W

Ashley House PLC

01 August 2018

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 three years.

Pursuant to the Plan, the Company has issued 79,521 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 or around 8 August 2018 ("Admission"). Following Admission, the Company will have a total of 60,029,650 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 Guidance and Transparency Rules.

Following Admission of the New Shares pursuant to staff participation under the Plan, 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             1,590         3,180         4,770        14.15      744,561       1.24% 
                         -----------  -------------  -----------  ----------  -----------  ---------- 
 Jonathan Holmes 
  *                         1,590         3,180         4,770        14.15     2,254,297      3.76% 
                         -----------  -------------  -----------  ----------  -----------  ---------- 
 James Hathaway             1,590         3,180         4,770        14.15      174,399       0.29% 
                         -----------  -------------  -----------  ----------  -----------  ---------- 
 
 
 PDMRs 
 Nigel Croxford* 
  Design & Construction 
  Director                   2,650     5,300     7,950     14.15   1,067,109   1.78% 
                          --------  --------  --------  --------  ----------  ------ 
 Karen Jones 
  Head of HR                2,120     4,240     6,360     14.15     16,449     0.03% 
                          --------  --------  --------  --------  ----------  ------ 
 

* Includes spouse's holding

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
1   Details of the person discharging managerial responsibilities/person closely associated 
a)  Name             Antony Walters        Jonathan Holmes       James Hathaway        Nigel Croxford        Karen Jones 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
2   Reason for the notification 
    -------------------------------------------------------------------------------------------------------------------------------- 
a)  Position/status  Chief Executive       Commercial Director   Finance Director      Director of           Head of HR / F1M 
                                                                                       Pre-Construction      General Manager 
                      Ashley House plc      Ashley House plc      Ashley House plc                           Ashley House plc 
                                                                                       Ashley House plc 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
b)  Initial          Initial Notification  Initial Notification  Initial Notification  Initial Notification  Initial 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      Ashley House plc 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
b)  LEI              2138002ATR98IMBY6B36  2138002ATR98IMBY6B36  2138002ATR98IMBY6B36  2138002ATR98IMBY6B36  2138002ATR98IMBY6B36 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
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 1  Ordinary Shares of 1  Ordinary Shares of 1  Ordinary Shares of 1  Ordinary Shares of 1 
    the financial    pence each            pence each            pence each            pence each            pence each 
    instrument, 
    type of          GB00B1KKCZ55          GB00B1KKCZ55          GB00B1KKCZ55          GB00B1KKCZ55          GB00B1KKCZ55 
    instrument 
 
    Identification 
    code 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
b)  Nature of the    Purchase of shares    Purchase of shares    Purchase of shares    Purchase of shares    Purchase of shares 
    transaction      under SIP             under SIP             under SIP             under SIP             under SIP 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
c)  Price(s) and     Price: 14.15p         Price: 14.15p         Price: 14.15p         Price: 14.15p         Price: 14.15p 
    volume(s)        Volume:               Volume:               Volume:               Volume:               Volume: 
                     Partnership Shares:   Partnership Shares:   Partnership Shares:   Partnership Shares:   Partnership Shares: 
                     1,590                 1,590                 1,590                 2,650                 2,120 
                     Matching Shares:      Matching Shares:      Matching Shares:      Matching Shares:      Matching Shares: 4,240 
                     3,180                 3,180                 3,180                 5,300 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
d)  Aggregated 
    information        4,770 Shares          4,770 Shares          4,770 Shares          7,950 Shares          6,360 Shares 
    - Aggregated       14.15p                14.15p                14.15p                14.15p                14.15p 
    volume 
    - Price 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
e)  Date of the      31 July 2018          31 July 2018          31 July 2018          31 July 2018          31 July 2018 
    transaction 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
f)  Place of the     London Stock          London Stock          London Stock          London Stock          London Stock Exchange, 
    transaction      Exchange, AIM         Exchange, AIM         Exchange, AIM         Exchange, AIM         AIM 
    ---------------  --------------------  --------------------  --------------------  --------------------  ----------------------- 
 

Enquiries:

   Ashley House plc                                                                    01628 600 340 

Antony Walters

James Hathaway

WH Ireland 0207 220 1666

(Nominated Adviser and broker to Ashley House plc)

Adrian Hadden

James Sinclair-Ford

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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August 01, 2018 06:34 ET (10:34 GMT)