Quarto Group Inc Director/PDMR Shareholding (3895Y)

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RNS Number : 3895Y

Quarto Group Inc

08 September 2020

The Quarto Group Inc

(the 'Company')

Director/PDMR Shareholding

In accordance with EU Market Abuse Regulation, Quarto (LSE: QRT) announces that 1010 Printing Limited, a company incorporated in Hong Kong under registration number 1419686, and a company closely associated with Chuk Kin Lau, Group Chief Executive Officer of the Company acquired 400,000 shares of common stock of US$0.10 each ("Shares") as detailed below.

Following this transaction, 1010 Printing Limited holds 13,315,083 Shares representing 32.56% of the Company's issued share capital. Chuk Kin Lau holds 3,359,486 Shares representing 8.22% of the Company's issued share capital. The aggregate holding for the two associated parties is 16,674,569 Shares which represents 40.78% of the Company's issued share capital.

NOTIFICATION FORM FOR

SHARE TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED TO THEM

 
 1.     Details of the person discharging managerial responsibilities/person 
         closely associated 
 (a)    Name                               1010 Printing Limited 
       ---------------------------------  -------------------------------------------------------- 
 2.     Reason for the notification 
       ------------------------------------------------------------------------------------------- 
 (a)    Position/status                    Person closely associated with a PDMR 
       ---------------------------------  -------------------------------------------------------- 
 (b)    Initial notification               Initial Notification 
         / Amendment 
       ---------------------------------  -------------------------------------------------------- 
 3.     Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------------- 
 (a)    Name                               The Quarto Group Inc 
       ---------------------------------  -------------------------------------------------------- 
 (b)    LEI                                549300BJ2WPX3QUATW58 
       ---------------------------------  -------------------------------------------------------- 
 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                                 Shares of Common Stock of Par Value US$0.10 
         of the Financial                            each ("Shares") 
         Instrument,                                 US74772E1001 
         type of instrument 
         identification 
         code 
       ---------------------------------  -------------------------------------------------------- 
 (b)    Nature of the                      Acquisition of Shares 
         transaction 
       ---------------------------------  -------------------------------------------------------- 
 (c)    Price(s) and                       Price(s)                               Volume(s) 
         volume(s) 
                                          -------------------------------------  ----------------- 
   100 pence per Share                                                            400,000 
  -----------------------------------------------------------------------------  ----------------- 
 
 (d)    Aggregated                         N/A 
         information 
          *    Aggregated volume 
 
 
         - Price 
       ---------------------------------  -------------------------------------------------------- 
 (e)    Date of the                        2020-09-04 
         transaction 
       ---------------------------------  -------------------------------------------------------- 
 (f)    Place of the                       Outside a trading venue 
         transaction 
       ---------------------------------  -------------------------------------------------------- 
 
 

The Legal Identifier of the Company is 549300BJ2WPX3QUATW58.

For further information, please contact:

The Quarto Group, Inc.

   Michael Clarke, Company Secretary       [phone] 

About The Quarto Group

The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products, with a mission to inspire life's experiences. Produced in many formats for adults, children and the whole family, our products are visually appealing, information rich and stimulating.

The Group encompasses a diverse portfolio of imprints and businesses that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells and distributes its products globally in over 50 countries and 40 languages, through a variety of sales channels, partnerships and routes to market.

Quarto employs c.330 talented people in the US and the UK. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.

For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.

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September 08, 2020 12:02 ET (16:02 GMT)