Mercantile Investment Trust(The)PLC Director/PDMR Shareholding (5524E)

TIDMMRC

RNS Number : 5524E

Mercantile Investment Trust(The)PLC

04 November 2015

DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility

and Connected Persons

All relevant boxes should be completed in block capital letters.

 
                                                     State whether the 
                                                      notification relates 
                                                      to (i) a transaction 
                                                      notified in accordance 
                                                      with DTR 3.1.2 R, 
                                                      (ii) a disclosure 
                                                      made in accordance 
                                                      with LR 9.8.6R(1) 
                                                      or (iii) a disclosure 
                                                      made in accordance 
                                                      with section 793 
                                                      of the Companies 
                                                      Act (2006). 
       Name of the issuer                             (i) A TRANSACTION 
        THE MERCANTILE INVESTMENT                     NOTIFIED IN ACCORDANCE 
 1.     TRUST PLC                              2.     WITH DTR 3.1.2 R 
----  --------------------------------------  ----  -------------------------------------- 
 
                                                     State whether notification 
                                                      relates to a person 
                                                      connected with a 
                                                      person discharging 
                                                      managerial responsibilities/director 
       Name of person discharging                     named in 3 and identify 
        managerial responsibilities/director          the connected person 
 3.     JEREMY TIGUE                           4.     AS IN (3) 
----  --------------------------------------  ----  -------------------------------------- 
 
       Indicate whether 
        the notification 
        is in respect of 
        a holding of the                             Description of shares 
        person referred                               (including class), 
        to in 3 or 4 above                            debentures or derivatives 
        or in respect of                              or financial instruments 
        a non-beneficial                              relating to shares 
        interest1                                     ORDINARY SHARES 
 5.     BENEFICIAL INTEREST                    6.     OF 25PENCE 
----  --------------------------------------  ----  -------------------------------------- 
 
       Name of registered 
        shareholders(s) 
        and, if more than 
        one, the number 
        of shares held by                            State the nature 
        each of them                                  of the transaction 
        JPM EQUITY PLAN                               PURCHASE OF ORDINARY 
 7.     MANAGERS LTD                           8      SHARES 
----  --------------------------------------  ----  -------------------------------------- 
 
                                                     Percentage of issued 
                                                      class acquired (treasury 
       Number of shares,                              shares of that class 
        debentures or financial                       should not be taken 
        instruments relating                          into account when 
        to shares acquired                            calculating percentage) 
 9.     48                                     10.    0.00% 
----  --------------------------------------  ----  -------------------------------------- 
 
                                                     Percentage of issued 
                                                      class disposed (treasury 
       Number of shares,                              shares of that class 
        debentures or financial                       should not be taken 
        instruments relating                          into account when 
        to shares disposed                            calculating percentage) 
 11.    N/A                                    12.    N/A 
----  --------------------------------------  ----  -------------------------------------- 
 
                                                     Date and place of 
       Price per share                                transaction 
        or value of transaction                       3(rd) November 2015, 
 13.    GBP17.46 PER SHARE                     14.    LONDON 
----  --------------------------------------  ----  -------------------------------------- 
 
       Total holding following 
        notification and 
        total percentage 
        holding following                            Date issuer informed 
        notification (any                             of transaction 
        treasury shares 
        should not be taken 
        into account when 
        calculating percentage) 
 15.    9,345 (0.01%)                          16.    4(th) November 2015 
----  --------------------------------------  ----  -------------------------------------- 
 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

 
                                          Period during which 
                                           or date on which 
       Date of grant                       exercisable 
 17     N/A                         18.    N/A 
----  ---------------------------  ----  ----------------------------- 
 
       Total amount paid                  Description of shares 
        (if any) for grant                 or debentures involved 
        of the option                      (class and number) 
 19.    N/A                         20.    N/A 
----  ---------------------------  ----  ----------------------------- 
 
       Exercise price (if 
        fixed at time of 
        grant) or indication              Total number of 
        that price is to                   shares or debentures 
        be fixed at the                    over which options 
        time of exercise                   held following notification 
 21.    N/A                         22.    N/A 
----  ---------------------------  ----  ----------------------------- 
 
                                          Name of contact 
                                           and telephone number 
                                           for queries 
                                           JULIET DEARLOVE 
                                           [phone] 
 23.   Any additional information   24.    4000 
----  ---------------------------  ----  ----------------------------- 
 
  Name of authorised official of issuer responsible 
   for making notification JULIET DEARLOVE 
   FOR AND ON BEHALF OF JPMORGAN FUNDS LIMITED, 
   SECRETARY Date of notification: 4(th) November 
   2015 
---------------------------------------------------------------------- 
 

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 04, 2015 07:50 ET (12:50 GMT)