Conviviality PLC Issue of Equity (9044N)
October 31 2016 - 11:11AM
UK Regulatory
TIDMCVR
RNS Number : 9044N
Conviviality PLC
31 October 2016
31 October 2016
Conviviality Plc
(the "Company")
Issue of Equity and Notification and public disclosure of
transactions by persons discharging managerial responsibilities and
persons closely associated with them in accordance with the Market
Abuse Regulations
Conviviality Plc (AIM: CVR), the UK's leading independent
wholesaler and distributor of alcohol and impulse serving consumers
through its Franchised retail outlets and through hospitality and
food service, announces that the Board of the Company has issued
417,695 ordinary shares of GBP0.0002 each in the Company ("Ordinary
Shares") to employees under the Conviviality Retail Share Incentive
Plan ("SIP"). The Ordinary Shares are to be issued as free share
awards under the SIP at a price of GBP2.02 each.
As part of the awards made under the SIP, the following Ordinary
Shares have been issued to Diana Hunter and Andrew Humphreys:
PDMR Number of new Ordinary Date of award
Shares issued as part
of the SIP
Diana Hunter 1,485 24 October 2016
Andrew Humphreys 1,485 24 October 2016
Under the rules of the SIP and except in certain circumstances,
there is a holding period of three years during which an employee
cannot withdraw the free shares from the SIP.
Application will be made for the 417,695 new Ordinary Shares to
be admitted to trading on AIM and it is expected that admission
will take place on 4 November 2016. The new Ordinary Shares will
rank pari passu with the Company's existing Ordinary Shares. Nil
consideration is due in connection with the issue of the 417,695
new Ordinary Shares.
Following allotment of the new Ordinary Shares, the total issued
share capital of the Company will consist of 172,475,338 Ordinary
Shares with one voting right per share.
The Company does not hold any Ordinary Shares in Treasury.
Therefore, the total number of voting rights in the Company is
172,475,338. This figure may 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 Company under the FCA's Disclosure Guidance and
Transparency Rules.
Enquiries:
Conviviality Plc Tel: 012 7061 4700
Diana Hunter, Chief Executive
Officer
Andrew Humphreys, Chief Financial
Officer
Investec Bank plc (NOMAD & Tel: 020 7597 4000
Joint Broker)
Garry Levin / David Flin /
Daniel Adams
Zeus Capital (Joint Broker) Tel: 020 7533 7727
John Goold / Adam Pollock /
Nick Cowles
FTI Consulting Tel: 020 3727 1000
Jonathon Brill / Alex Beagley
/ Tom Hufton
1. Details of the person discharging managerial
responsibilities/person closely associated
--- --------------------------------------------------------------
a. Name Diana Hunter
--- ------------------------------- -----------------------------
2. Reason for the notification
--- --------------------------------------------------------------
b. Position/status CEO
--- ------------------------------- -----------------------------
c. Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------
a. Name Conviviality 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 Ordinary shares of GBP0.0002
financial instrument, each
type of instrument GB00BC7H5F74
Identification code
--- ------------------------------- -----------------------------
b. Nature of the transaction Award of free shares
under the Conviviality
Retail Share Incentive
Plan
--- ------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 1,485
---------- ----------
--- ------------------------------- -----------------------------
d. Aggregated information Not applicable - single
transaction
--- ------------------------------- -----------------------------
e. Date of the transaction 24(th) October 2016
--- ------------------------------- -----------------------------
f. Place of the transaction Outside of a trading
venue
--- ------------------------------- -----------------------------
1. Details of the person discharging managerial
responsibilities/person closely associated
--- --------------------------------------------------------------
a. Name Andrew Humphreys
--- ------------------------------- -----------------------------
2. Reason for the notification
--- --------------------------------------------------------------
a. Position/status CFO
--- ------------------------------- -----------------------------
b. Initial notification/Amendment Initial notification
--- ------------------------------- -----------------------------
3. Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- --------------------------------------------------------------
a. Name Conviviality 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 Ordinary shares of GBP0.0002
financial instrument, each
type of instrument GB00BC7H5F74
Identification code
--- ------------------------------- -----------------------------
b. Nature of the transaction Award of free shares
under the Conviviality
Retail Share Incentive
Plan
--- ------------------------------- -----------------------------
c. Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 1,485
---------- ----------
--- ------------------------------- -----------------------------
d. Aggregated information Not applicable - single
transaction
--- ------------------------------- -----------------------------
e. Date of the transaction 24(th) October 2016
--- ------------------------------- -----------------------------
f. Place of the transaction Outside of a trading
venue
--- ------------------------------- -----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
IOEUARNRNBAROAA
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