Merit Group PLC Director/PDMR Shareholding

RNS Number : 2548O

Merit Group PLC

14 May 2024

 

14 May 2024

Merit Group plc 

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

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Director/PDMR Shareholding

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Further to the announcement on 10 May 2024, the Company has been informed that Philip Machray, Chief Executive Officer and Chief Financial Officer of the Company, has purchased a further 75,000 Ordinary Shares of 28 pence each in the Company ("Ordinary Shares").  Mr Machray purchased the Ordinary Shares at a price of 65.0 pence per Ordinary Share.

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Following this purchase, on 10 May 2024, Mr Machray transferred an aggregate of 87,813 Ordinary Shares to his spouse, Lisa Machray and to his children, each of whom is considered a Person Closely Associated with Mr Machray as defined by the Market Abuse Regime, for nil cost.

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Mr. Machray now has an interest in 346,546 Ordinary Shares representing 1.45% of the Company's issued share capital.

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For further information, please contact: 

Merit Group plc Mark Smith - Non-Executive Chairman  Phil Machray - CEO & CFO	020 7593 5500 www.meritgroupplc.com
Canaccord Genuity Limited (Nomad and Broker) Bobbie Hilliam    Harry Pardoe	020 7523 8150

 

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	Philip Machray
2	Reason for the notification
a)	Position/status	CEO & CFO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
C)	Name	Merit Group plc
b)	LEI	213800HG65J6TYGNJU20
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 instrument   Identification code	Ordinary shares of 28p each   ISIN: GB00BNYKJJ86
b)	Nature of the transaction	Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price (p) Volume 65.0 75,000
d)	Aggregated information - Aggregated volume - Price	N/a (single transaction)
e)	Date of the transaction	10 May 2024
f)	Place of the transaction	AIMX

 

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Philip Machray / Lisa Machray
2	Reason for the notification
a)	Position/status	CEO & CFO
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
C)	Name	Merit Group plc
b)	LEI	213800HG65J6TYGNJU20
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 instrument   Identification code	Ordinary shares of 28p each   ISIN: GB00BNYKJJ86
b)	Nature of the transaction	Transfer of Ordinary Shares
c)	Price(s) and volume(s)	Price (p) Volume Nil 87,813
d)	Aggregated information - Aggregated volume - Price	N/a (single transaction)
e)	Date of the transaction	10 May 2024
f)	Place of the transaction	Outside a trading venue

 

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