TIDMINCE

RNS Number : 9274I

Ince Group PLC (The)

17 December 2020

17 December 2020

THE INCE GROUP PLC (the "Company")

Director and PDMR Transaction

The Company has been informed that Adrian Biles, a director of the Company, and John Biles, a PDMR, today transferred 1,048,253 ordinary shares of 1 pence each ("Ordinary Shares") from their joint interest, and John Biles transferred 394,348 from his own holding, to be held on trust as collateral for the commitments of an entity engaged in underwriting activities with Lloyd's of London in which they are interested.

As a result of this transaction Adrian Biles and John Biles no longer jointly hold any shares directly but they continue to be jointly interested in a total of 3,333,333 Ordinary Shares which had originally been jointly held, representing 4.8% of the Company's issued ordinary share capital.

John Biles' individual directly held interest is now 1,143,532 Ordinary Shares but he continues to be individually interested in 1,537,880 Ordinary Shares, representing 2.2% of the Company's issued ordinary share capital.

Adrian Biles' individual interest of 7,610,664 Ordinary Shares is unchanged, representing 11.1% of the Company's issued ordinary share capital.

Overall, both Adrian and John Biles each continue to be interested in the same number of shares as prior to the transfer.

FOR FURTHER INFORMATION, PLEASE CONTACT:

The Ince Group plc investorrelations@incegd.com

Adrian Biles, Group Chief Executive

Simon Oakes, Chief Financial Officer

Arden Partners plc

   Nominated Advisor and Broker to the Company         +44 (0) 20 7614 5900 

John Llewellyn-Lloyd, Corporate Finance

Ciaran Walsh, Corporate Finance

Dan Gee-Summons, Corporate Finance

Fraser Marshall, Equity Sales

   Portland Communications                                              +44 (0) 7767 345563 

Steffan Williams ince@portland-communications.com

Simon Hamer

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                                                 Adrian Biles (CEO) 
                                                          John Biles (Head of Finance and Administration) 
2   Reason for the notification 
a)  Position/status                                       See 1 a) above 
b)  Initial notification/ Amendment                       Initial Notification 
    Details of the issuer, emission allowance market participant, auction platform, auctioneer 
     or auction monitor 
a)  Name                                                  The Ince Group plc 
b)  LEI                                                  2138005A5XOTI2MHP510 
    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      Ordinary Shares 
    instrument 
    Identification code                                    ISIN GB00BZBY3Y09 
b)  Nature of the transactions                           Transfer of shares from their joint interests to be held on 
                                                         trust as collateral for the commitments 
                                                         of an entity in which they are interested 
c)  Price(s) and volume(s)                               Director/PDMR                            Price(s)   Volume(s) 
                                                                                                   N/A        524,126 
 
                                                          Adrian Biles (from joint interest)        N/A        524,127 
                                                           John Biles (from joint interest) 
                                                           John Biles (from individual interest)    N/A        394,348 
d)  Aggregated information 
     - Aggregated volume                                   1,442,601 
     - Price                                               N/A 
e)  Date of the transaction                               15 December 2020 
f)  Place of the transaction                              London Stock Exchange (XLON) Out of a trading venue 
 

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END

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December 17, 2020 02:00 ET (07:00 GMT)

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