Source - RNS
RNS Number : 8410M
MartinCo PLC
18 October 2016
 

 

MARTINCO PLC

(the 'Company' or the 'Group')

Director's Shareholding

Further to a recent exercise of options, as announced by the Company on 15 September 2016, Ian Wilson, Chief Executive Officer, has today sold 150,000 ordinary shares of 1p each in the Company at a price of 154.69p per share in order to cover the associated exercise costs. Following this sale, Ian Wilson remains interested in 1,479,200 ordinary shares in the Company, representing approximately 5.85 per cent of its issued ordinary share capital. Further information is set out below.

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and their Closely Associated Persons

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

 

 Ian Wilson

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Martinco 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 shares of 1 penny  each

 

 

ISIN: GB00BH0WFH67

 

b)

 

Nature of the transaction

 

 

Sale

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

154.69p per share

 

150,000

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

N/A - single transaction

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

18 October 2016

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

The information contained within this announcement is deemed by the Group to constitute inside information under the Market Abuse Regulations (EU) No. 596/2014.

 

Ends

 

For further information, please contact:

MartinCo PLC                                                           01202 292829  

Ian Wilson, Chief Executive Officer               

David Raggett, Chief Financial Office

 

Cenkos Securities plc                                           0207 397 8925

Max Hartley(Nomad) ,Alex Aylen (Sales)

 

Bell Pottinger                                                         020 3772 2500

David Rydell, Henry Lerwill

 

About MartinCo

MartinCo Group operates one of the UK's largest property franchise businesses through its 6 Franchise brands Martin & Co, CJ Hole, Parkers, Ellis & Co, Whitegates and EweMove.

The Group's franchisees manage approximately 46,300 properties on behalf of private clients.

MartinCo is a multiple award winning business and the Directors and senior management have over 100 years of combined residential letting and estate agency experience.

 


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

Related Charts

Martinco (MCO)

-3.00p (-2.37%)
delayed 18:15PM