Director/PDMR Shareholding

RNS Number : 6341U
Impax Asset Management Group plc
25 October 2017
 

Impax Asset Management Group plc

Director/PDMR and PCA Shareholding

 

Impax Asset Management Group plc (the "Company") announces that it has received notifications that the following persons discharging managerial responsibilities and persons closely associated ("PCA") with them have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 4,925,680 shares conducted by Peel Hunt.

Name

Position

Ordinary Shares sold

Price per Ordinary Share

Aggregate value

Ian Simm

Chief Executive

450,000

£1.42

£639,000.00

Charlie Ridge

Chief Finance Officer

430,000

£1.42

£610,600.00

Carol Ridge

PCA

15,940

£1.42

£22,634.80

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Ian Simm

2.

Reason for the notification

a)

Position / status

Chief Executive

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc

 

GB0004905260

b)

Nature of the transaction

Exercised options over 450,000 Ordinary Shares

 

 

c)

Price(s) and volume(s)

Exercise price(s)

Volume(s)

49.6p per share

450,000

 

 

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 450,000

Aggregated exercise price: 49.6p

Aggregated price: n/a

 

 

e)

Date of the transaction

25 October 2017

 

f)

Place of the transaction

 

London Stock Exchange

 

 

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 financial instrument

Identification Code

Sale of ordinary Shares of 1p each in Impax Asset Management Group plc

 

GB0004905260

b)

Nature of the transaction

Sold 450,000 Ordinary Shares

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.42p per share

450,000

 

 

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 450,000

Aggregated price: £1.42 per share

Total aggregated price: £639,000.00

 

 

e)

Date of the transaction

25 October 2017

 

f)

Place of the transaction

 

London Stock Exchange

 

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Charlie Ridge

2.

Reason for the notification

a)

Position / status

Chief Finance Officer

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc

 

GB0004905260

b)

Nature of the transaction

Exercised options over 700,000 Ordinary Shares

 

 

c)

Price(s) and volume(s)

Exercise price(s)

Volume(s)

49.6p per share

270,000

49.6p per share

30,000

37.59 per share

200,000

47.9p per share

200,000

 

 

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 700,000

Aggregated exercise price: 45.68p

Aggregated price: n/a

 

 

e)

Date of the transaction

25 October 2017

 

f)

Place of the transaction

 

London Stock Exchange

 

 

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 financial instrument

Identification Code

Sale of ordinary Shares of 1p each in Impax Asset Management Group plc

 

GB0004905260

b)

Nature of the transaction

Sold 430,000 Ordinary Shares

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.42 per share

430,000

 

 

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 430,000

Aggregated price: £1.42p per share

Total aggregated price: £610,600.00

 

 

e)

Date of the transaction

25 October 2017

 

f)

Place of the transaction

 

London Stock Exchange

 

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Carol Ridge

2.

Reason for the notification

a)

Position / status

PCA

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Sale of ordinary Shares of 1p each in Impax Asset Management Group plc

 

GB0004905260

b)

Nature of the transaction

Sold 15,940 Ordinary Shares

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£1.42 per share

15,940

 

 

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 15,940

Aggregated price: £1.42 per share

Total aggregated price: £22,634.80

 

 

e)

Date of the transaction

25 October 2017

 

f)

Place of the transaction

 

London Stock Exchange

 

 

The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

-ENDS-

Enquiries:

Zack Wilson

 

Group General Counsel and Company Secretary                         Tel: + 44 (0) 20 7434 1122 (switchboard)

 

Impax Asset Management Group plc

 

Norfolk House, 31 St James's Square,                                          

 

London, SW1Y 4JR                                                                            

 

www.impaxam.com

 

Anne Gilding                                                                                         Tel: +44 (0) 20 7434 1122 (switchboard)

Head of Brand & Communications                                                 Tel: +44 (0) 20 7432 2602 (direct)

Impax Asset Management Group plc                                              Tel: +44 (0) 7881 249612 (mobile)

Norfolk House, 31 St James's Square,                                          

London, SW1Y 4JR                                                                             Email: a.gilding@impaxam.com

www.impaxam.com



Guy Wiehahn                                                                                        Tel: +44 (0) 20 7418 8893
Nominated Adviser and Broker
Peel Hunt LLP

 


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