AIB Group PLC Rectification to previous PDMR Notification (0242E)
February 06 2018 - 3:22AM
UK Regulatory
TIDMAIBG
RNS Number : 0242E
AIB Group PLC
06 February 2018
AIB GROUP PLC (the "Company")
RECTIFICATION OF PREVIOUS NOTIFICATION OF TRANSACTIONS BY
PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
On 31 July 2017, Allied Irish Banks, p.l.c. ("AIB Bank")
announced via the Regulatory News Service ("RNS") that it had been
notified by the PDMR detailed below of transactions in the ordinary
shares of EUR0.625 each in AIB Bank. Furthermore on 13 December
2017, AIB Group plc announced via RNS that ordinary shares and/or
any interests in ordinary shares in AIB Bank held by PDMRs and
Persons Closely Associated with PDMRs ("PCAs") of AIB Bank were, in
effect, exchanged on a one for one basis for ordinary shares and/or
interests in ordinary shares in AIB Group plc under the terms of a
scheme of arrangement detailed further below.
Name Number Purchase Total Number
Date of Notification of shares price per of Shares
to the Company purchased share (shown Held Following
(the Company in the currency Transaction
being AIB purchased
Bank per as at the
notification date of
on 31 July purchase
2017 and being 28
AIB Group July 2017)
plc per notification
on 13 December
2017)
----------- ----------------------- ------------------ ----------------- ---------------
Catherine
Woods 28 July 2017 EUR4.9322 24,000
24,000
(the "Shares")
------------------------------------------------------ ----------------- ---------------
The purpose of this notification is to rectify the public record
to accurately reflect that the aforementioned purchase of 24,000
shares was in fact made through a joint account held in the name of
Mrs Catherine Woods and Mr James (Jim) Woods, who is an identified
person closely associated ("PCA") to Mrs Woods, rather than in Mrs
Woods' sole name.
The table below reflects the correct transaction details:
Name(s) Number Purchase Total Number
Date of initial of shares price per of Shares
Notification purchased share (shown Held Following
to the Company in the currency Transaction
(the Company purchased
being AIB as at the
Bank per date of
notification initial
on 31 July purchase
2017 and being 28
AIB Group July 2017)
plc per notification
on 13 December
2017)
------------- ----------------------- ----------- ----------------- ---------------
Catherine
Woods
and James
(Jim)
Woods
(purchased
jointly) 28 July 2017 24,000 EUR4.9322 24,000
------------- ----------------------- ----------- ----------------- ---------------
For clarity, the Shares were originally purchased in AIB Bank.
As previously announced via RNS, AIB Group plc was introduced as
the holding company of AIB Bank and its subsidiaries (the "AIB
Group") by way of a scheme of arrangement which became effective at
6 p.m. on Friday, 8 December 2017 (the "Scheme"). In accordance
with the terms of the Scheme, AIB Bank shareholders were issued
with one share in AIB Group plc for every share held in AIB Bank at
6 p.m. on Friday, 8 December 2017. With effect from 8.00 a.m.,
Monday 11 December 2017, the entire issued ordinary share capital
of AIB Group plc was admitted to the primary listing segment of the
Official List of the Irish Stock Exchange and to the premium
listing segment of the Official List of the FCA and to trading on
the Irish Stock Exchange's main securities market and the London
Stock Exchange's main market for listed securities. Pursuant to the
Scheme, the Shares held by Mr and Mrs Woods in AIB Bank became
shares held in AIB Group plc.
Details of the transactions are included in the individual
disclosure are set out below.
-ENDS-
For further information, please contact:
Sarah McLaughlin Stephen O'Shea / Paddy McDonnell
Group Company Secretary Corporate Affairs
AIB Bankcentre AIB Bankcentre
Dublin Dublin
Tel: +353-1-6414489 Tel: +353-1-7720456 / +353-1-6412869
email: email: stephen.p.o'shea@aib.ie
sarah.j.mclaughlin@aib.ie paddy.x.mcdonnell@aib.ie
The notifications below are required for disclosure of
transactions under Article 19 of Regulation (EU) No 596/2014 of the
European Parliament and of the Council of 16 April 2014 on market
abuse ("Market Abuse Regulation").
1. Details of the person discharging managerial
responsibilities and person closely associated
--------------------------------------------------------------------------
Name: Catherine Woods and James (Jim)
Woods
-------------------------------- ----------------------------------------
2. Reason for the notification
--------------------------------------------------------------------------
Position/status Catherine Woods - Senior Independent
Non-Executive Director and
PDMR
James (Jim) Woods - PCA to
Catherine Woods (spouse)
-------------------------------- ----------------------------------------
Initial notification/amendments Amendment to previous RNS announcements
made on 31 July 2017 and 13
December 2017
-------------------------------- ----------------------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--------------------------------------------------------------------------
Name of legal entity AIB Group plc
-------------------------------- ----------------------------------------
Legal Entity Identifier 635400AKJBGNS5WNQL34
code
-------------------------------- ----------------------------------------
4. Details of the transaction(s)
--------------------------------------------------------------------------
Description of ordinary shares of EUR0.625
financial instrument, each
type of instrument
-------------------------------- ----------------------------------------
Identification IE00BF0L3536
code
-------------------------------- ----------------------------------------
Nature of transaction Purchase of shares
-------------------------------- ----------------------------------------
Currency EUR
-------------------------------- ----------------------------------------
Price and volume Price Volume
---------- -------
EUR4.9322 24,000
---------- -------
-------------------------------- ----------------------------------------
Aggregated information Price Volume Stock Exchange
Location
---------- ------- ---------------
EUR4.9081 14,390 London
---------- ------- ---------------
EUR4.9346 9,610 Dublin
---------- ------- ---------------
-------------------------------- ----------------------------------------
Date of transaction 28 July 2017
-------------------------------- ----------------------------------------
Place of transaction Dublin Stock Exchange (XDUB)
London Stock Exchange (XLON)
-------------------------------- ----------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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