We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
River And Mercantile Group Plc | LSE:RIV | London | Ordinary Share | GB00BLZH7X42 | ORD GBP0.003 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 49.40 | 50.00 | 51.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRIV
RNS Number : 2923N
River and Mercantile Group PLC
08 August 2017
8 August 2017
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
PERFORMANCE SHARE PLAN
VESTING AWARDS
The Company announces that, as a result of the relevant performance condition having been satisfied, a tranche of the contingent share awards granted under the Company's Performance Share Plan to the PDMRs set out in the table below vested on 3 August 2017.
Pursuant to the vesting, each recipient instructed Heritage Corporate Trustees Limited as the trustee of the River and Mercantile Group Employee Benefits Trust (the 'EBT') to sell a proportion of the shares that vested in order to satisfy their income tax and national insurance liabilities immediately arising on vesting and to transfer the balance of shares into their name.
The total number of shares sold by the EBT in relation to the PDMRs and others was 365,713. The shares were sold in the market on 3 August 2017 at 330 pence per share.
The table below sets out the shares that vested on 3 August 2017, the number of shares sold and the respective beneficial holdings in the Company of the respective PDMRs following the vesting and sale:
PDMR Number Number Number Total Holding of Awards of shares of shares Shareholding % of Issued Vesting sold by retained Share EBT to by PDMR Capital meet tax liabilities ----------------- ----------- ------------- ----------- -------------- ------------- Masroor Ahmad 3,770 1,772 1,998 173,706 0.21% ----------------- ----------- ------------- ----------- -------------- ------------- Ross Leach 75,494 35,482 40,012 207,062 0.25% ----------------- ----------- ------------- ----------- -------------- ------------- Ajeet Manjrekar 67,456 31,704 35,752 35,752 0.04% ----------------- ----------- ------------- ----------- -------------- ------------- Chris Rutt 4,325 2,033 2,292 17,521 0.02% ----------------- ----------- ------------- ----------- -------------- -------------
Formal notifications in respect of the PDMRs are below.
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Sally Buckmaster, Senior Counsel and Company Secretary
Chris Rutt, Deputy Chief Financial Officer and Investor Relations
1 Details of the person discharging managerial responsibilities / person closely associated ---- a) Name Masroor Ahmad ---- ---------------------------------- ----------------------------------------------------- 2 Reason for the notification ---- a) Position/status PDMR - Managing Director ---- ---------------------------------- ----------------------------------------------------- b) Initial notification/Amendment Initial notification ---- ---------------------------------- ----------------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- a) Name River and Mercantile Group PLC ---- ---------------------------------- ----------------------------------------------------- b) LEI 2138005C7REHURGWHW31 ---- ---------------------------------- ----------------------------------------------------- 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 GBP0.003 pence instrument, type of instrument each Identification code GB00BLZH7X42 GB0001883718 ---- ---------------------------------- ----------------------------------------------------- b) Nature of the transaction 1. Vesting of share awards under the River and Mercantile Performance Share Plan 2. Sale of a proportion of the vested shares to cover tax and social security. ---- ---------------------------------- ----------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 1. GBP3.30 1. 3,770 -------------------- ------------------------------- 2. GBP3.30 2. 1,772 d) Aggregated information Price Volume Total * Aggregated volume * Price ---- ---------------------------------- ------------------- ---------- -------------------- 1. GBP3.30 1. 3,770 1. 12,441.00 ------------------- -------------------------------------------------- -------------------- 2. GBP3.30 2. 1,772 2. 5,847.60 ------------------- -------------------------------------------------- -------------------- e) Date of the transaction 3(rd) August 2017 ---- ---------------------------------- ----------------------------------------------------- f) Place of the transaction London Stock Exchange ---- ---------------------------------- ----------------------------------------------------- 1 Details of the person discharging managerial responsibilities / person closely associated ---- a) Name Ross Leach ---- ---------------------------------- ------------------------------------------------------ 2 Reason for the notification ---- a) Position/status PDMR - Co-Head of P-Solve Investments Limited ---- ---------------------------------- ------------------------------------------------------ b) Initial notification/Amendment Initial notification ---- ---------------------------------- ------------------------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- a) Name River and Mercantile Group PLC ---- ---------------------------------- ------------------------------------------------------ b) LEI 2138005C7REHURGWHW31 ---- ---------------------------------- ------------------------------------------------------ 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 GBP0.003 pence instrument, type of instrument each Identification code GB00BLZH7X42 GB0001883718 ---- ---------------------------------- ------------------------------------------------------ b) Nature of the transaction 1. Vesting of share awards under the River and Mercantile Performance Share Plan 2. Sale of a proportion of the vested shares to cover tax and social security. ---- ---------------------------------- ------------------------------------------------------ c) Price(s) and volume(s) Price(s) Volume(s) 1. GBP3.30 1. 75,494 ------------------- --------------------------------- 2. GBP3.30 2. 35,482 d) Aggregated information Price Volume Total * Aggregated volume * Price ---- ---------------------------------- ------------------ ----------- --------------------- 1. GBP3.30 1. 75,494 1. 249,130.20 ------------------ --------------------------------------------------- --------------------- 2. GBP3.30 2. 35,482 2. 117,090.60 ------------------ --------------------------------------------------- --------------------- e) Date of the transaction 3(rd) August 2017 ---- ---------------------------------- ------------------------------------------------------ f) Place of the transaction London Stock Exchange ---- ---------------------------------- ------------------------------------------------------ 1 Details of the person discharging managerial responsibilities / person closely associated ---- a) Name Ajeet Manjrekar
---- ---------------------------------- ------------------------------------------------------ 2 Reason for the notification ---- a) Position/status PDMR - Co-Head of P-Solve Investments Limited ---- ---------------------------------- ------------------------------------------------------ b) Initial notification/Amendment Initial notification ---- ---------------------------------- ------------------------------------------------------ 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- a) Name River and Mercantile Group PLC ---- ---------------------------------- ------------------------------------------------------ b) LEI 2138005C7REHURGWHW31 ---- ---------------------------------- ------------------------------------------------------ 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 GBP0.003 pence instrument, type of instrument each Identification code GB00BLZH7X42 GB0001883718 ---- ---------------------------------- ------------------------------------------------------ b) Nature of the transaction 1. Vesting of share awards under the River and Mercantile Performance Share Plan 2. Sale of a proportion of the vested shares to cover tax and social security. ---- ---------------------------------- ------------------------------------------------------ c) Price(s) and volume(s) Price(s) Volume(s) 1. GBP3.30 1. 67,456 ------------------- --------------------------------- 2. GBP3.30 2. 31,704 d) Aggregated information Price Volume Total * Aggregated volume * Price ---- ---------------------------------- ------------------ ----------- --------------------- 1. GBP3.30 1. 67,456 1. 222,604.80 ------------------ --------------------------------------------------- --------------------- 2. GBP3.30 2. 31,704 2. 104,623.20 ------------------ --------------------------------------------------- --------------------- e) Date of the transaction 3(rd) August 2017 ---- ---------------------------------- ------------------------------------------------------ f) Place of the transaction London Stock Exchange ---- ---------------------------------- ------------------------------------------------------ 1 Details of the person discharging managerial responsibilities / person closely associated ---- a) Name Chris Rutt ---- ---------------------------------- ----------------------------------------------------- 2 Reason for the notification ---- a) Position/status PDMR - Deputy Chief Financial Officer and Investor Relations ---- ---------------------------------- ----------------------------------------------------- b) Initial notification/Amendment Initial notification ---- ---------------------------------- ----------------------------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor ---- a) Name River and Mercantile Group PLC ---- ---------------------------------- ----------------------------------------------------- b) LEI 2138005C7REHURGWHW31 ---- ---------------------------------- ----------------------------------------------------- 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 GBP0.003 pence instrument, type of instrument each Identification code GB00BLZH7X42 GB0001883718 ---- ---------------------------------- ----------------------------------------------------- b) Nature of the transaction 1. Vesting of share awards under the River and Mercantile Performance Share Plan 2. Sale of a proportion of the vested shares to cover tax and social security. ---- ---------------------------------- ----------------------------------------------------- c) Price(s) and volume(s) Price(s) Volume(s) 1. GBP3.30 1. 4,325 -------------------- ------------------------------- 2. GBP3.30 2. 2,033 d) Aggregated information Price Volume Total * Aggregated volume * Price ---- ---------------------------------- ------------------- ---------- -------------------- 1. GBP3.30 1. 4,325 1. 14,272.50 ------------------- -------------------------------------------------- -------------------- 2. GBP3.30 2. 2,033 2. 6,708.90 ------------------- -------------------------------------------------- -------------------- e) Date of the transaction 3(rd) August 2017 ---- ---------------------------------- ----------------------------------------------------- f) Place of the transaction London Stock Exchange ---- ---------------------------------- -----------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
DSHBDLFBDVFEBBE
(END) Dow Jones Newswires
August 08, 2017 02:01 ET (06:01 GMT)
1 Year River And Mercantile Chart |
1 Month River And Mercantile Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions