TIDMRIC

RNS Number : 3585I

Richoux Group PLC

16 June 2017

Richoux Group plc

("Richoux" or the "Company")

Completion of Subscription and Director Transactions

On 13 June 2017, the Company announced that it had conditionally raised GBP4.0 million through a subscription of 25,277,488 new ordinary shares of 4 pence each in the capital of the Company (the "Subscription Shares") at a price of 16 pence per share (the "Subscription").

Further to this announcement, the Company is pleased to confirm the admission to trading of the Subscription Shares on the AIM market of the London Stock Exchange and the receipt of the cash proceeds due from the Subscription.

In accordance with the Market Abuse Regulation, details of the PDMR transactions, as previously announced, are set out below.

16 June 2017

Enquiries:

 
  Richoux Group 
    plc                     (020) 7483 7000 
   Susan Ludley, 
    Financial Controller 
   Cenkos Securities 
    plc                     (020) 7397 8900 
   Bobbie Hilliam 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  -------------------------------------------------------------- 
 a)    Name:                               Jonathan Kaye 
----  ----------------------------------  -------------------------- 
 2     Reason for the notification 
----  -------------------------------------------------------------- 
 a)    Position/Status:                    Chief Executive Officer 
----  ----------------------------------  -------------------------- 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  -------------------------- 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  -------------------------------------------------------------- 
 a)    Name:                               Richoux Group plc 
----  ----------------------------------  -------------------------- 
 b)    LEI:                                2138001QX7TELHBM9E27 
----  ----------------------------------  -------------------------- 
 4.    Details of 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 4 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B0NYFG99 
----  ----------------------------------  -------------------------- 
 b)    Nature of the transaction:          Purchase of Ordinary 
                                            Shares 
----  ----------------------------------  -------------------------- 
 c)    Price(s) and volume(s):              Price(s)      Volume(s) 
----  ----------------------------------  ------------  ------------ 
                                               16p        3,125,000 
 ---------------------------------------  ------------  ------------ 
 d)    Aggregated volume:                  N/a 
        Price: 
----  ----------------------------------  -------------------------- 
 e)    Date of the Transaction:            16 June 2017 
----  ----------------------------------  -------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  -------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------- 
 a)    Name:                               Simon Morgan 
----  ----------------------------------  ------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------- 
 a)    Position/Status:                    Non-Executive Chairman 
----  ----------------------------------  ------------------------- 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------- 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------- 
 a)    Name:                               Richoux Group plc 
----  ----------------------------------  ------------------------- 
 b)    LEI:                                2138001QX7TELHBM9E27 
----  ----------------------------------  ------------------------- 
 4.    Details of 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 4 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B0NYFG99 
----  ----------------------------------  ------------------------- 
 b)    Nature of the transaction:          Purchase of Ordinary 
                                            Shares 
----  ----------------------------------  ------------------------- 
 c)    Price(s) and volume(s):              Price(s)     Volume(s) 
----  ----------------------------------  -----------  ------------ 
                                              16p         125,000 
 ---------------------------------------  -----------  ------------ 
 d)    Aggregated volume:                  N/a 
        Price: 
----  ----------------------------------  ------------------------- 
 e)    Date of the Transaction:            16 June 2017 
----  ----------------------------------  ------------------------- 
 f)    Place of the Transaction:           2138001QX7TELHBM9E27 
----  ----------------------------------  ------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------- 
 a)    Name:                               Salvatore Diliberto 
----  ----------------------------------  ------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------- 
 a)    Position/Status:                    Non-Executive Director 
----  ----------------------------------  ------------------------- 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------- 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------- 
 a)    Name:                               Richoux Group plc 
----  ----------------------------------  ------------------------- 
 b)    LEI:                                2138001QX7TELHBM9E27 
----  ----------------------------------  ------------------------- 
 4.    Details of 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 4 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B0NYFG99 
----  ----------------------------------  ------------------------- 
 b)    Nature of the transaction:          Purchase of Ordinary 
                                            Shares 
----  ----------------------------------  ------------------------- 
 c)    Price(s) and volume(s):              Price(s)     Volume(s) 
----  ----------------------------------  -----------  ------------ 
                                              16p        2,636,688 
 ---------------------------------------  -----------  ------------ 
 d)    Aggregated volume:                  N/a 
        Price: 
----  ----------------------------------  ------------------------- 
 e)    Date of the Transaction:            16 June 2017 
----  ----------------------------------  ------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ------------------------- 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------------ 
 a)    Name:                               Irene Diliberto 
----  ----------------------------------  ------------------------------ 
 2     Reason for the notification 
----  ------------------------------------------------------------------ 
 a)    Position/Status:                    Wife of Salvatore Diliberto 
----  ----------------------------------  ------------------------------ 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------------ 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------------ 
 a)    Name:                               Richoux Group plc 
----  ----------------------------------  ------------------------------ 
 b)    LEI:                                2138001QX7TELHBM9E27 
----  ----------------------------------  ------------------------------ 
 4.    Details of 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 4 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B0NYFG99 
----  ----------------------------------  ------------------------------ 
 b)    Nature of the transaction:          Purchase of Ordinary 
                                            Shares 
----  ----------------------------------  ------------------------------ 
 c)    Price(s) and volume(s):               Price(s)        Volume(s) 
----  ----------------------------------  --------------  -------------- 
                                                16p          2,636,687 
 ---------------------------------------  --------------  -------------- 
 d)    Aggregated volume:                  N/a 
        Price: 
----  ----------------------------------  ------------------------------ 
 e)    Date of the Transaction:            16 June 2017 
----  ----------------------------------  ------------------------------ 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ------------------------------ 
 
 
 1     Details of the person discharging managerial 
        responsibilities/person closely associated 
----  ------------------------------------------------------------- 
 a)    Name:                               The Hon. Robert Rayne 
----  ----------------------------------  ------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------- 
 a)    Position/Status:                    Non-Executive Director 
----  ----------------------------------  ------------------------- 
 b)    Initial Notification/Amendment:     Initial Notification 
----  ----------------------------------  ------------------------- 
 3     Details of the issuer, emission allowance 
        market participation, auction platform, auctioneer 
        or auction monitor 
----  ------------------------------------------------------------- 
 a)    Name:                               Richoux Group plc 
----  ----------------------------------  ------------------------- 
 b)    LEI:                                2138001QX7TELHBM9E27 
----  ----------------------------------  ------------------------- 
 4.    Details of 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 4 
        financial instrument:               pence each 
        Identification code:                ISIN: GB00B0NYFG99 
----  ----------------------------------  ------------------------- 
 b)    Nature of the transaction:          Purchase of Ordinary 
                                            Shares 
----  ----------------------------------  ------------------------- 
 c)    Price(s) and volume(s):              Price(s)     Volume(s) 
----  ----------------------------------  -----------  ------------ 
                                              16p        4,103,838 
 ---------------------------------------  -----------  ------------ 
 d)    Aggregated volume:                  N/a 
        Price: 
----  ----------------------------------  ------------------------- 
 e)    Date of the Transaction:            16 June 2017 
----  ----------------------------------  ------------------------- 
 f)    Place of the Transaction:           N/a 
----  ----------------------------------  ------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

June 16, 2017 08:52 ET (12:52 GMT)

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