WH Ireland Group Plc
("WH Ireland" or the "Company")
Issue of Equity
Total Voting Rights
The Company confirms today that it has issued ordinary shares in the Company to certain Non-Executive Directors of the Company pursuant to the NED Scheme.
As announced on 11 March 2021, Philip Shelley, Victoria Raffé, Simon Lough, Alistair Buchanan have agreed to receive ordinary shares in the Company in lieu of 25 per cent of the fees that would otherwise be due to be paid to them by the Company in respect of the 12 month period commencing on 1 December 2020 and ending on 30 November 2021. In addition, as set out in the announcement of 4 May 2021, Helen Sinclair has agreed to the same terms from the date of her appointment. The ordinary shares are being issued in two tranches.
The ordinary shares for the period ending 30 May 2021, being the first tranche have been issued today at a price of 58p, as agreed with the Directors, and as set out below. The number of shares issued are calculated after the deduction of relevant tax.
| Name of PDMR | Number of new shares | Total shares now held | Percentage of issued share capital now held |
| Philip Shelley | 11,846 | 1,580,598 | 2.5% |
| Victoria Raffé | 6,122 | 60,287 | 0.1% |
| Simon Lough | 6,785 | 471,784 | 0.8% |
| Alistair Buchanan | 4,900 | 223,649 | 0.4% |
| Helen Sinclair | 892 | 892 | 0.001% |
| Total | 30,545 | | |
Accordingly, the Company has issued 30,545 Ordinary Shares today (the "New Shares"). Application has been made to admit the New Shares to trading on AIM ("Admission"). Admission is expected to become effective on 30 July 2021 and the New Shares will rank pari passu in all respects with the Company's existing ordinary shares in issue.
For the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules ("DTRs"), the issued ordinary share capital of the Company following Admission will consist of 62,052,130 ordinary shares with voting rights attached (one vote per ordinary share). There are no ordinary shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interests in, or a change to their interest in, the Company.
| WH Ireland Group plc | |
| Phillip Wale, Chief Executive Officer | +44(0) 20 7220 1666 |
| | |
| Canaccord Genuity Limited | |
| Emma Gabriel / Tom Diehl | +44(0) 20 3368 3555 |
| | |
| MHP Communications | |
| Reg Hoare / James Bavister | +44 (0) 20 3128 8793 |
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities | |||||||
| a) | Name | Phillip Shelley | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Chairman | ||||||
| b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | WH Ireland Group plc | ||||||
| b) | LEI | 213800HB9TO5O4WD6S66 | ||||||
| 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 0.5 pence each
GB0009241885 | ||||||
| b) | Nature of the transaction | Issue of Ordinary Shares
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
11,846 58p
| ||||||
| e) | Date of the transaction | 23 July 2021 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
| 1 | Details of the person discharging managerial responsibilities | |||||||||
| a) | Name | Victoria Raffe | ||||||||
| 2 | Reason for the notification | |||||||||
| a) | Position/status | Non-Executive Director | ||||||||
| b) | Initial notification/amendment | Initial notification | ||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
| a) | Name | WH Ireland Group plc | ||||||||
| b) | LEI | 213800HB9TO5O4WD6S66 | ||||||||
| 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 0.5 pence each
GB0009241885 | ||||||||
| b) | Nature of the transaction | Issue of Ordinary Shares | ||||||||
| c) | Price(s) and volume(s) |
| ||||||||
| d) | Aggregated information - Aggregated volume - Price |
6,122 58p | ||||||||
| e) | Date of the transaction | 23 July 2021 | ||||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||
| 1 | Details of the person discharging managerial responsibilities | |||||||
| a) | Name | Simon Lough | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-Executive Director | ||||||
| b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | WH Ireland Group plc | ||||||
| b) | LEI | 213800HB9TO5O4WD6S66 | ||||||
| 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 0.5 pence each
GB0009241885 | ||||||
| b) | Nature of the transaction | Issue of Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
6,785 58p
| ||||||
| e) | Date of the transaction | 23 July 2021 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
| | | |||||||
| 1 | Details of the person discharging managerial responsibilities | |||||||
| a) | Name | Alistair Buchanan | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-Executive Director | ||||||
| b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | WH Ireland Group plc | ||||||
| b) | LEI | 213800HB9TO5O4WD6S66 | ||||||
| 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 0.5 pence each
GB0009241885 | ||||||
| b) | Nature of the transaction | Issue of Ordinary Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
4,900 58p | ||||||
| e) | Date of the transaction | 23 July 2021 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
| 1 | Details of the person discharging managerial responsibilities | |||||||
| a) | Name | Helen Sinclair | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Non-Executive Director | ||||||
| b) | Initial notification/amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | WH Ireland Group plc | ||||||
| b) | LEI | 213800HB9TO5O4WD6S66 | ||||||
| 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 0.5 pence each
GB0009241885 | ||||||
| b) | Nature of the transaction | Issue of Ordinary Shares
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price |
895 58p
| ||||||
| e) | Date of the transaction | 23 July 2021 | ||||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||||
Notes to Editors:
About WH Ireland Group plc
Wealth Management Division
WH Ireland provides independent financial planning advice and discretionary investment management. Our goal is to build long term, mutually beneficial, working relationships with our clients so that they can make informed & effective choices about their money and how it can support their lifestyle ambitions. We can trace our history of helping individuals and their families as well as entrepreneurs, charities and trustees back to 1872. By building a financial plan & investment strategy with us, our clients are free to focus on the important things, like life.
Capital Markets Division
Our Capital Markets Division is specifically focused on the public and private growth company marketplace. The team's significant experience in this exciting segment means that we are able to provide a specialist service to each of its respective participants. For companies, we raise public and private growth capital, as well as providing both day-to-day and strategic corporate advice. Our tailored approach means that our teams engage with all of the key investor groups active in our market - High Net Worth Individuals, Family Offices, Wealth Managers and Funds. Our broking, trading and research teams provide the link between growth companies and this broad investor base. In our latest financial year, we successfully completed the IPOs of Various Eateries and Amte Power, we raised capital for quoted companies such as AFC Energy, Bacanora Lithium and Jubilee Metals and unquoted companies such as Elmtronics and Genie Drinks; whilst welcoming 21 new quoted companies to our corporate client roster.
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