Belvoir Group PLC Exercise of Options, Director/PDMR Dealing & TVR (9294L)

TIDMBLV

RNS Number : 9294L

Belvoir Group PLC

15 January 2021

BELVOIR GROUP PLC

(the "Company", the "Group" or "Belvoir")

Exercise of Options

PDMR Dealing

and

Total Voting Rights

Belvoir Group plc (AIM: BLV), the UK's largest property franchise, announces that David Spackman, a PDMR, and one other group employee have each exercised options over 30,612 ordinary shares of 1 pence each in the capital of the Company, respectively ("Ordinary Shares"). The options are held under the terms of the Company's EMI share option scheme and have all been exercised at a price of 98 pence per Ordinary Share.

Following this exercise Mr Spackman has sold 30,612 Ordinary Shares. Following the above transactions Mr Spackman's holding remains unchanged at 66,875 Ordinary Shares, representing approximately 0.19 per cent of the Company's total issued share capital.

Application will be made for the 61,224 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on 22 January 2021 ("Admission"). Following Admission, the Company's total issued share capital will consist of 35,213,841 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore, the total number of voting rights in the Company will be 35,213,841. 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.

 
 Notification of a Transaction pursuant to Article 19(1) of Regulation 
  (EU) No. 596/2014 
 1      Details of the person discharging managerial responsibilities/person 
         closely associated 
-----  ------------------------------------------------------------------------------------------- 
 a.     Name                          David Spackman 
                                     ------------------------------------------------------------- 
 2      Reason for notification 
       ----------------------------  ------------------------------------------------------------- 
 a.     Position/Status               PDMR 
       ----------------------------  ------------------------------------------------------------- 
 b.     Initial notification/         Initial Notification 
         Amendment 
       ----------------------------  ------------------------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------------- 
 a.     Name                          Belvoir Group PLC 
       ---------------------------- 
 b.     LEI                           213800FPT3JTZYB3FP61 
       ----------------------------  ------------------------------------------------------------- 
 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 1p each 
         the financial 
         instrument, type               ISIN: GB00B4QY1P51 
         of instrument 
 
         Identification 
         Code 
       ----------------------------  ------------------------------------------------------------- 
 b.     Nature of the                 Acquisition of Ordinary Shares following the 
         transaction                   Exercise of Share Options and Sale of Ordinary 
                                       Shares 
       ----------------------------  ------------------------------------------------------------- 
 
 c.     Price(s) and volume(s)              Price(s)        Volume(s) 
       ----------------------------        -------------- 
                                            98p             30,612          Purchase 
                                           --------------  -------------- 
                                            165p            30,612          Sale 
                                           --------------  -------------- 
 
 d.     Aggregated information 
   Aggregated Purchase           30,612 
    Volume 
   Aggregated Purchase            98p 
    Price 
   Aggregated Sale 
    Volume 
   Aggregated Sale                30,612 
    Price 
     165p 
  ------------------------------------------------------------------------------------------------ 
 e.     Date of the transaction       15 January 2021 
       ----------------------------  ------------------------------------------------------------- 
 f.     Place of the transaction      London Stock Exchange 
       ----------------------------  ------------------------------------------------------------- 
 
 

For further details:

 
 Belvoir Group PLC                                                       01476 584900 
  Dorian Gonsalves, Chief Executive Officer        [e-mail] 
  Louise George, Chief Financial Officer 
  www.belvoirgroup.com 
 finnCap 
  Julian Blunt, Teddy Whiley (Corporate 
  Finance) 
  Tim Redfern (ECM) 
  www.finncap.com                                                [phone] 
 Buchanan 
  Charles Ryland, Kim Looringh-van Beeck 
  & Tilly Abraham                                                [phone] 
 
 
 

Notes:

About Belvoir Group PLC

Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with 396 offices across five brands specialising in residential lettings, property management, residential sales and property-related financial services. With its Central Office in Grantham, Lincolnshire, the Group manages over 68,550 properties and reported record revenues of GBP19.3m in 2019 making Belvoir the largest property franchise group in the UK.

For further information, please visit: www.belvoirgroup.com

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January 15, 2021 12:57 ET (17:57 GMT)