RNS Number : 2548O
Merit Group PLC
14 May 2024
 

Merit Group plc 

("Merit", the "Company" or "the Group")

​

Director/PDMR Shareholding

​

Further to the announcement on 10 May 2024, the Company has been informed that Philip Machray, Chief Executive Officer and Chief Financial Officer of the Company, has purchased a further 75,000 Ordinary Shares of 28 pence each in the Company ("Ordinary Shares").  Mr Machray purchased the Ordinary Shares at a price of 65.0 pence per Ordinary Share.

​

Following this purchase, on 10 May 2024, Mr Machray transferred an aggregate of 87,813 Ordinary Shares to his spouse, Lisa Machray and to his children, each of whom is considered a Person Closely Associated with Mr Machray as defined by the Market Abuse Regime, for nil cost.

​

Mr. Machray now has an interest in 346,546 Ordinary Shares representing 1.45% of the Company's issued share capital.

​

 

For further information, please contact: 

Merit Group plc

Mark Smith - Non-Executive Chairman 

Phil Machray - CEO & CFO

020 7593 5500

www.meritgroupplc.com

 

Canaccord Genuity Limited (Nomad and Broker)

Bobbie Hilliam   

Harry Pardoe

 

020 7523 8150

 

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

 

Philip Machray

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO & CFO

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

 

C)

 

Name

 

Merit Group plc

b)

 

LEI

 

213800HG65J6TYGNJU20

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

 

Identification code

 

 

Ordinary shares of 28p each

 

ISIN: GB00BNYKJJ86

b)

 

Nature of the transaction

 

 

Purchase of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

Price (p)

Volume

65.0

75,000

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/a (single transaction)

 

e)

 

Date of the transaction

 

10 May 2024

f)

 

Place of the transaction 

 

AIMX

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Philip Machray / Lisa Machray

2

 

Reason for the notification

 

a)

 

Position/status

 

CEO & CFO

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

 

C)

 

Name

 

Merit Group plc

b)

 

LEI

 

213800HG65J6TYGNJU20

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

 

Identification code

 

 

Ordinary shares of 28p each

 

ISIN: GB00BNYKJJ86

b)

 

Nature of the transaction

 

 

Transfer of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

Price (p)

Volume

Nil

87,813

 

d)

 

Aggregated information

- Aggregated volume

- Price

 

N/a (single transaction)

 

e)

 

Date of the transaction

 

10 May 2024

f)

 

Place of the transaction 

 

Outside a trading venue
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