Augean Plc Director/PDMR Shareholding (5568L)

TIDMAUG

RNS Number : 5568L

Augean Plc

03 October 2016

3 October 2016

Augean plc

("Augean" or "the Group")

Exercise of Options,

PDMR Dealing &

Total Voting Rights

Augean, one of the UK's leading specialist waste management businesses, announces that it has issued 257,703 new ordinary shares in the capital of the Company (the "New Shares") following an exercise of share options and subsequent sale by a PDMR as set out below. Application has been made to the London Stock Exchange for the New Shares to be admitted to trading on AIM, with dealings expected to commence on 17 October 2016 ("Admission").

Following Admission, the Company will have a total of 102,748,383 Ordinary Shares in issue each carrying one voting right. The Company does not hold any Ordinary Shares in Treasury. This figure of 102,748,383 Ordinary Shares 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

The notification below, made 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                                                       Neil Canwell 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 2     Reason for the notification 
----  ---------------------------------------------------------------------------------------------------------------- 
                                                                  PDMR (Director of Business Planning and Development) 
  a)    Position/status 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 b)    Initial notification/Amendment                             Initial notification 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
----  ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                       Augean Plc 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 b)    LEI                                                        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 financial instrument, type of           Ordinary 10p shares 
       instrument                                                  ISIN: GB00B02H2F76 
       Identification code 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 b)    Nature of the transaction                                  Sale of Ordinary Shares 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 c)    Price(s) and volume(s)                                        Price(s)      Volume(s) 
                                                                   --------------  ---------- 
                                                                    51.5 pence      257,703 
                                                                     per Ordinary    Ordinary 
                                                                     Share           Shares 
                                                                   --------------  ---------- 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 d)    Aggregated information                                     N/a (Single transaction) 
        - Aggregated volume 
        - Price 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 e)    Date of the transaction                                    03.10.2016 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 f)    Place of the transaction                                   London Stock Exchange, AIM 
----  ---------------------------------------------------------  ----------------------------------------------------- 
 

For further information, call:

 
 Augean plc 
  Dr Stewart Davies, Chief 
  Executive 
  Richard Laker, Group Finance 
  Director                        01937 844 980 
 N+1 Singer 
  Shaun Dobson 
  Richard Lindley 
  Jennifer Boorer                 020 7496 3000 
 FTI Consulting 
  Oliver Winters 
  Fiona Walker                    020 3727 1535 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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October 03, 2016 11:39 ET (15:39 GMT)