29 April 2022
The Ince Group plc
("Ince" or the "Company")
Changes to Director and PDMR shareholdings and
Total Voting Rights
Ince (AIM: INCE) has been informed that, following the completion of the acquisition of Arden Partners plc by Ince (the "Acquisition"), Donald Brown, Executive Director of the Company, has been issued with 1,207,504 new Ince shares pursuant to the Acquisition in consideration for his shareholding in Arden Partners plc (which shareholding included shares issued to him as a result of the exercise in full of his share options in Arden Partners plc prior to completion of the Acquisition). Donald Brown therefore now holds a total of 1,207,504 Ince ordinary shares, which represents approximately 1.39 per cent. of the issued share capital of the Company.
The FCA notification made in accordance with the requirements of the UK Market Abuse Regulation is appended further below.
With the issue of the 18,467,827 new Ince shares pursuant to the Acquisition, the shareholdings of Adrian Biles, CEO of the Company, and John Biles, a PDMR, remain unchanged but now represent the percentages as set out below:
| | Number of Ordinary Shares | Percentage of issued Ordinary Shares |
| Adrian Biles | 7,610,664 | 8.75% |
| Adrian Biles and John Biles (held jointly) | 3,333,333 | 3.83% |
| John Biles | 1,537,970 | 1.77% |
Total Voting Rights
As at today's date, the Company's issued ordinary share capital consists of 87,008,739 ordinary shares of one penny each ("Ordinary Shares"), with one voting right per share. The Company does not hold any Ordinary Shares in treasury. Therefore, the total number of Ordinary Shares and voting rights in the Company is 87,008,739. The figure of 87,008,739 should 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 Guidance and Transparency Rules.
Enquiries:
| The Ince Group plc |
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| Adrian Biles, Group Chief Executive | investorrelations@incegd.com |
| Simon Oakes, Chief Financial Officer |
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| Allenby Capital Limited - Nominated Adviser | +44 (0) 20 3328 5656 |
| Jeremy Porter / Piers Shimwell, Corporate Finance |
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| Arden Partners plc - Broker | +44 (0) 20 7614 5900 |
| Paul Shackleton, Corporate Finance |
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| John Llewellyn Lloyd, Corporate Finance |
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| Louisa Waddell, Corporate Finance |
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| Simon Johnson, Equity Sales |
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| Williams Nicolson - Financial PR | +44 (0) 7767 345 563 |
| Steffan Williams / Fraser Schurer-Lewis | ince@williamsnicolson.com |
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About The Ince Group plc
The Ince Group is a dynamic international legal and professional services business with offices in nine countries across Europe, Asia and the Middle East. With over 700 people, The Ince Group delivers legal advice, strategic guidance and business solutions to clients ranging from the world's oldest and biggest businesses operating across numerous industries to ultra-high net worth individuals. Through its entrepreneurial culture and "one firm" approach, the business offers its clients over 150 years of experience, insight and relationships. The Group is driven by a unique team of passionate people whose broad expertise and deep sector specialisms provide their clients with solutions to all their complex legal and strategic needs.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Donald Brown | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | 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 | The Ince Group plc | ||||
| b) | LEI | 2138005A5XOTI2MHP510 | ||||
| 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 | Ordinary Shares of 1p each
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| Identification code | ISIN: GB00BZBY3Y09 | |||||
| b) | Nature of the transaction | Acquisition of consideration shares pursuant to a Scheme of Arrangement | ||||
| c) | Price(s) and volume(s) |
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| d) | Aggregated information: -Aggregated volume -Price | n/a | ||||
| e) | Date of the transaction | 28 April 2022 | ||||
| f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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