RBG Holdings PLC Director/PDMR Shareholding (1194V)

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RNS Number : 1194V

RBG Holdings PLC

29 November 2019

Director/PDMR Shareholding

RBG Holdings Plc ("Rosenblatt" or the "Company") announces that on 29 November 2019, Ian Rosenblatt, who is a significant shareholder of the company, has pledged 16,911,214 ordinary shares in the Company as collateral against a personal bank loan of GBP6m to fund personal tax liabilities.

Stifel Nicholas Europe Limited, the Company's NOMAD and Sole Broker, has waived Mr. Rosenblatt's IPO lock-in arrangement for this pledge. The lock-in agreement agreed at IPO continues to remain in force.

Following the pledge, Mr. Rosenblatt's beneficial interest in the company remains unchanged and he continues to be the beneficial owner of 16,911,214 Ordinary Shares, comprising 21.1% of the Company's issued share capital.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

 
       Details of the person discharging managerial responsibilities 
   1    / person closely associated 
 a)    Name                        Ian Rosenblatt 
      --------------------------  ----------------------------------------------------- 
 2     Reason for the notification 
      --------------------------------------------------------------------------------- 
 a)    Position/status             PDMR 
      --------------------------  ----------------------------------------------------- 
 b)    Initial notification        Initial notification 
        /Amendment 
      --------------------------  ----------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      --------------------------------------------------------------------------------- 
 a)    Name                        RBG Holdings Plc 
      --------------------------  ----------------------------------------------------- 
 b)    LEI                         213800MJ031M84UMFL64 
      --------------------------  ----------------------------------------------------- 
 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 with a nominal value of GBP0.002 
        financial instrument,       each 
        type of instrument          ISIN - GB00BFM6WL52 
        Identification code         AIM Ticker - RBGP 
      --------------------------  ----------------------------------------------------- 
 b)    Nature of the transaction   The pledge of 16,911,214 ordinary shares as security 
                                    against a personal bank loan of GBP6m 
      --------------------------  ----------------------------------------------------- 
 c)    Price(s) and volume(s)      Price: n/a 
                                    Volume: n/a 
      --------------------------  ----------------------------------------------------- 
 d)    Aggregated information      N/A 
      --------------------------  ----------------------------------------------------- 
 e)    Date of the transaction     29(th) November 2019 
      --------------------------  ----------------------------------------------------- 
 f)    Place of the transaction    London Stock Exchange, AIM Market 
      --------------------------  ----------------------------------------------------- 
 

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November 29, 2019 02:21 ET (07:21 GMT)