Source - RNS
RNS Number : 0426M
Aldermore Group PLC
07 October 2016
 

Aldermore Group PLC

(the "Company")

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

 

The Company announces that the PDMRs noted below have each cancelled an option to purchase ordinary shares of 10 pence each in the Company. The options were previously granted on 29 October 2015 pursuant to the Aldermore Group PLC Sharesave Plan.

 

Name

Position

Number of Shares Under Option

Date of Cancellation

Phillip Monks

Chief Executive Officer

7,142

6 October 2016

Paul Myers

Group Corporate Development Director

3,571

7 October 2016

 

Both Mr Monks and Mr Myers have confirmed that they have submitted an application to save the maximum amount permissible under the Company's 2016 Sharesave invitation. A further announcement will be made following the grant of options under this invitation. The date of grant is expected to be 12 October 2016, subject to any requirement to scale back applications.

 

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules sourcebook and EU Market Abuse Regulation.

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Phillip Monks

2

Reason for the notification

a)

Position / status

Chief Executive Officer

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Aldermore Group 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

Option over 7,142 ordinary shares granted under Sharesave Plan (option price £2.52)

 

 

GB00BQQMCJ47

b)

Nature of the transaction

Cancellation of option on withdrawal from Sharesave Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

-

-

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2016-10-06

f)

Place of the transaction

Outside a trading venue

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Paul Myers

2

Reason for the notification

a)

Position / status

Group Corporate Development Director

b)

Initial notification / Amendment

Initial notification

3

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

a)

Name

Aldermore Group 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

Option over 3,571 ordinary shares granted under Sharesave Plan (option price £2.52)

 

 

GB00BQQMCJ47

b)

Nature of the transaction

Cancellation of option on withdrawal from Sharesave Plan

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

-

-

 

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

2016-10-07

f)

Place of the transaction

Outside a trading venue

 

 

Rachel Spencer

Company Secretary

7 October 2016

 


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