Source - RNS
RNS Number : 5568L
Augean Plc
03 October 2016
 

3 October 2016

Augean plc

("Augean" or "the Group")

 

Exercise of Options,

PDMR Dealing &

Total Voting Rights

 

Augean, one of the UK's leading specialist waste management businesses, announces that it has issued 257,703 new ordinary shares in the capital of the Company (the "New Shares") following an exercise of share options and subsequent sale by a PDMR as set out below. Application has been made to the London Stock Exchange for the New Shares to be admitted to trading on AIM, with dealings expected to commence on 17 October 2016 ("Admission").

 

Following Admission, the Company will have a total of 102,748,383 Ordinary Shares in issue each carrying one voting right. The Company does not hold any Ordinary Shares in Treasury. This figure of 102,748,383 Ordinary Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

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

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

 

Neil Canwell

2

Reason for the notification


a)


Position/status

 

PDMR (Director of Business Planning and Development)

b)

Initial notification/Amendment

 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Augean Plc

b)

LEI

N/a

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 10p shares

ISIN: GB00B02H2F76

b)

Nature of the transaction

 

 

Sale of Ordinary Shares

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

51.5 pence per Ordinary Share

257,703 Ordinary Shares

d)

Aggregated information

-         Aggregated volume

-         Price


N/a (Single transaction)

e)

Date of the transaction

03.10.2016

f)

Place of the transaction

 

London Stock Exchange, AIM

 

For further information, call:

Augean plc

Dr Stewart Davies, Chief Executive

Richard Laker, Group Finance Director

 

01937 844 980

N+1 Singer

Shaun Dobson

Richard Lindley

Jennifer Boorer

 

020 7496 3000

FTI Consulting

Oliver Winters

Fiona Walker

 

020 3727 1535 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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