RIT Capital Partners PLC Director/PDMR Shareholding (2116A)

TIDMRCP

RNS Number : 2116A

RIT Capital Partners PLC

22 December 2017

RIT CAPITAL PARTNERS PLC ("Company")

NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

The information set out below is provided by the Company in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1     Details of the person discharging managerial responsibilities 
        ("PDMR")/person closely associated ("PCA") 
----  --------------------------------------------------------------------------------------- 
 a)    Name                                     The Hon. N C J Rothschild 1979 Settlement 
----  ---------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------------------------------- 
 a)    Position/status                          PCA to the Chairman, Lord Jacob 
                                                 Rothschild, by virtue of The Hon. 
                                                 N C J Rothschild 1979 Settlement 
                                                 being a trust indirectly controlled 
                                                 by him. 
----  ---------------------------------------  ---------------------------------------------- 
 b)    Initial notification/Amendment           Initial notification 
----  ---------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  --------------------------------------------------------------------------------------- 
 a)    Name                                     RIT Capital Partners plc 
----  ---------------------------------------  ---------------------------------------------- 
 b)    LEI                                      P31Q1NLTW35JJGHA4667 
----  ---------------------------------------  ---------------------------------------------- 
 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             Ordinary shares of GBP1.00 each 
        instrument, type of                      in RIT Capital Partners plc ("Shares") 
        instrument 
----  ---------------------------------------  ---------------------------------------------- 
       Identification code                      ISIN number GB0007366395 
----  ---------------------------------------  ---------------------------------------------- 
 b)    Nature of the transaction                Sale of Shares 
----  ---------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s)                   Price                              Volume 
----  ---------------------------------------  ---------------------------------  ----------- 
   1,959 pence per Share                                                           2,555 
  ---------------------------------                                               ----------- 
 d)    Aggregated information                   Not applicable - a single transaction 
----  ---------------------------------------  ---------------------------------------------- 
 e)    Date of the transaction                  20 December 2017 
----  ---------------------------------------  ---------------------------------------------- 
 f)    Place of transaction                     London Stock Exchange 
----  ---------------------------------------  ---------------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        ("PDMR")/person closely associated ("PCA") 
----  --------------------------------------------------------------------------------------- 
 a)    Name                                     The Hon. N C J Rothschild 1971 Settlement 
----  ---------------------------------------  ---------------------------------------------- 
 2     Reason for the notification 
----  --------------------------------------------------------------------------------------- 
 a)    Position/status                          PCA to: 
                                                 (a) the Chairman, Lord Jacob Rothschild, 
                                                 by virtue of The Hon. N C J Rothschild 
                                                 1971 Settlement being a trust indirectly 
                                                 controlled by him; and 
                                                 (b) Hannah Rothschild, a Director 
                                                 of the Company who is a beneficiary 
                                                 of The Hon. N C J Rothschild 1971 
                                                 Settlement. 
----  ---------------------------------------  ---------------------------------------------- 
 b)    Initial notification/Amendment           Initial notification 
----  ---------------------------------------  ---------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
----  --------------------------------------------------------------------------------------- 
 a)    Name                                     RIT Capital Partners plc 
----  ---------------------------------------  ---------------------------------------------- 
 b)    LEI                                      P31Q1NLTW35JJGHA4667 
----  ---------------------------------------  ---------------------------------------------- 
 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             Ordinary shares of GBP1.00 each 
        instrument, type of                      in RIT Capital Partners plc ("Shares") 
        instrument 
----  ---------------------------------------  ---------------------------------------------- 
  Identification code                      ISIN number GB0007366395 
 ---------------------------------------  --------------------------------------------------- 
 b)    Nature of the transaction                Purchase of Shares 
----  ---------------------------------------  ---------------------------------------------- 
 c)    Price(s) and volume(s)                   Price                             Volume 
----  ---------------------------------------  --------------------------------  ------------ 
   1,960 pence per                                            2,555 
    Share 
  --------------------------------  --------------------------------------------------------- 
 d)    Aggregated information                   Not applicable - a single transaction 
----  ---------------------------------------  ---------------------------------------------- 
 e)    Date of the transaction                  20 December 2017 
----  ---------------------------------------  ---------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
----  ---------------------------------------  ---------------------------------------------- 
 
 

Following these transactions, Lord Rothschild has advised the Company that his family interests in the Company comprise the following:

9,904,096 ordinary shares of GBP1.00 each (6.38% of the entire issued share capital) held beneficially.

18,462,036 ordinary shares of GBP1.00 each (11.88% of the entire issued share capital) held non-beneficially.

Following these transactions, Hannah Rothschild has advised the Company that her beneficial and non-beneficial interests in the Company comprise the following:

14,263,695 ordinary shares of GBP1.00 each (9.18% of the entire issued share capital) held beneficially.

14,081,001 ordinary shares of GBP1.00 each (9.06% of the entire issued share capital) held non-beneficially.

The majority of the total interests set out above for Lord Rothschild and Hannah Rothschild are in respect of the same shares, in cases where they are held in family charitable foundations, companies or trusts.

This information is provided by RNS

The company news service from the London Stock Exchange

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December 22, 2017 05:08 ET (10:08 GMT)