Ince Group PLC (The) Replacement - Director/PDMR Shareholding (8641J)

TIDMINCE

RNS Number : 8641J

Ince Group PLC (The)

29 April 2022

The announcement below replaces the announcement released at 08:45 today, 28 April 2022, under RNS number 8556J . The number of shares in the grid at the end of the announcement has been corrected. All other details remain unchanged. The full amended text is shown below.

29 April 2022

The Ince Group plc

("Ince" or the "Company")

Changes to Director and PDMR shareholdings and

Total Voting Rights

Ince (AIM: INCE) has been informed that, following the completion of the acquisition of Arden Partners plc by Ince (the "Acquisition"), Donald Brown, Executive Director of the Company, has been issued with 1,207,504 new Ince shares pursuant to the Acquisition in consideration for his shareholding in Arden Partners plc (which shareholding included shares issued to him as a result of the exercise in full of his share options in Arden Partners plc prior to completion of the Acquisition). Donald Brown therefore now holds a total of 1,207,504 Ince ordinary shares, which represents approximately 1.39 per cent. of the issued share capital of the Company.

The FCA notification made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.

With the issue of the 18,467,827 new Ince shares pursuant to the Acquisition, the shareholdings of Adrian Biles, CEO of the Company, and John Biles, a PDMR, remain unchanged but now represent the percentages as set out below:

 
                          Number of Ordinary   Percentage of issued 
                                      Shares        Ordinary Shares 
 Adrian Biles                      7,610,664                  8.75% 
                         -------------------  --------------------- 
 Adrian Biles and John 
  Biles (held jointly)             3,333,333                  3.83% 
                         -------------------  --------------------- 
 John Biles                        1,537,970                  1.77% 
                         -------------------  --------------------- 
 

Total Voting Rights

As at today's date, the Company's issued ordinary share capital consists of 87,008,739 ordinary shares of one penny each ("Ordinary Shares"), with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 87,008,739. The figure of 87,008,739 should 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 Guidance and Transparency Rules.

Enquiries:

 
 The Ince Group plc 
 Adrian Biles, Group Chief Executive            [e-mail] 
 Simon Oakes, Chief Financial Officer 
 
 Allenby Capital Limited - Nominated Adviser    [phone] 
 Jeremy Porter / Piers Shimwell, Corporate 
  Finance 
 
 Arden Partners plc - Broker                    [phone] 
 Paul Shackleton, Corporate Finance 
 John Llewellyn Lloyd, Corporate Finance 
 Louisa Waddell, Corporate Finance 
 Simon Johnson, Equity Sales 
 
 Williams Nicolson - Financial PR               [phone] 
 Steffan Williams / Fraser Schurer-Lewis        [e-mail] 
 
 

About The Ince Group plc

The Ince Group is a dynamic international legal and professional services business with offices in nine countries across Europe, Asia and the Middle East. With over 700 people, The Ince Group delivers legal advice, strategic guidance and business solutions to clients ranging from the world's oldest and biggest businesses operating across numerous industries to ultra-high net worth individuals. Through its entrepreneurial culture and "one firm" approach, the business offers its clients over 150 years of experience, insight and relationships. The Group is driven by a unique team of passionate people whose broad expertise and deep sector specialisms provide their clients with solutions to all their complex legal and strategic needs.

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                             Donald Brown 
     -------------------------------  --------------------------------------------- 
 2.   Reason for the Notification 
     ------------------------------------------------------------------------------ 
 a)   Position/status                  Executive Director 
     -------------------------------  --------------------------------------------- 
 b)   Initial notification/Amendment   Initial Notification 
     -------------------------------  --------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------ 
 a)   Name                             The Ince Group plc 
     -------------------------------  --------------------------------------------- 
 b)   LEI                              2138005A5XOTI2MHP510 
     -------------------------------  --------------------------------------------- 
 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 
       of instrument 
      Identification                   ISIN: GB00BZBY3Y09 
       code 
     -------------------------------  --------------------------------------------- 
 b)   Nature of the                    Acquisition of consideration shares pursuant 
       transaction                      to a Scheme of Arrangement 
     -------------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         n/a         1,207,504 
                                                    ---------- 
     -------------------------------  --------------------------------------------- 
 d)   Aggregated information:          n/a 
        *    Aggregated volume 
 
 
        *    Price 
     -------------------------------  --------------------------------------------- 
 e)   Date of the transaction          28 April 2022 
     -------------------------------  --------------------------------------------- 
 f)   Place of the transaction         London Stock Exchange (XLON) 
     -------------------------------  --------------------------------------------- 
 

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April 29, 2022 04:32 ET (08:32 GMT)