Impax Asset Management Group plc Director/PDMR Shareholding (0446K)

TIDMIPX

RNS Number : 0446K

Impax Asset Management Group plc

29 December 2020

Impax Asset Management Group plc

Director/PDMR Shareholding

Impax Asset Management Group plc (the "Company") announces that it has received notification of the following transactions in ordinary shares in the Company ("Ordinary Shares") by persons discharging managerial responsibilities.

Ian Simm sold 20,000 Ordinary shares at an average price of 700.495p partly to satisfy tax liabilities arising from the vesting of share awards.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

 
 1.   Details of PDMR / person closely associated with them 
       ('PCA') 
 a)   Name                        Ian Simm 
     --------------------------  ------------------------------------------ 
 2.   Reason for the notification 
     ---------------------------------------------------------------------- 
 a)   Position / status           Chief Executive 
     --------------------------  ------------------------------------------ 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  ------------------------------------------ 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------- 
 a)   Name                        Impax Asset Management Group plc 
     --------------------------  ------------------------------------------ 
 b)   LEI                         213800AJDNW4S2B7E680 
     --------------------------  ------------------------------------------ 
 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          Ordinary Shares of 1p each in Impax 
       financial instrument,       Asset Management Group plc 
       type of financial 
       instrument                  IPX 
       Identification Code         GB0004905260 
     --------------------------  ------------------------------------------ 
 b)   Nature of the transaction   Ian Simm has sold 20,000 Ordinary 
                                   Shares. 
     --------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)       Price(s)        Volume(s)   Date 
                                    700p per        5,000       24 December 
                                     Ordinary                    2020 
                                     Share 
                                                   ----------  ------------ 
                                    700.66p         15,000      29 December 
                                     per Ordinary                2020 
                                     Share 
                                                   ----------  ------------ 
     --------------------------  ------------------------------------------ 
 d)   Aggregated information      Aggregated volume: 20,000 
       Aggregated volume           Aggregated price: 700.495p 
       Price                       Total aggregated price: GBP 140,099 
     --------------------------  ------------------------------------------ 
 e)   Date of the transaction     24 December 2020 and 
                                   29 December 2020 
     --------------------------  ------------------------------------------ 
 f)   Place of the transaction    London stock exchange 
     --------------------------  ------------------------------------------ 
 

LEI number: 213800AJDNW4S2B7E680

-ENDS-

Enquiries:

 
 Impax Asset Management Group plc 
  Ian Simm, Chief Executive 
  Paul French, Corporate Communications 
  Director                                   [phone] 
 Montfort Communications 
  Gay Collins 
  Louis Supple                               [phone] 
  [e-mail]                      [phone] 
 Peel Hunt LLP, Nominated Adviser 
  James Britton or Rishi Shah                [phone] 
 

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December 29, 2020 10:00 ET (15:00 GMT)