TIDMRIV
RNS Number : 6794N
River and Mercantile Group PLC
28 October 2016
28 October 2016
River and Mercantile Group PLC (the 'Company')
NOTIFICATION OF TRANSACTION BY DIRECTORS/PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES
Grant of awards under the River and Mercantile Group PLC
Performance Share Plan
The Company announces that on 25 October 2016 Mike Faulkner,
Chief Executive Officer, and James John Berry, Director, were
granted conditional awards of River and Mercantile Group PLC
Ordinary Shares under the River and Mercantile Group PLC
Performance Share Plan ("PSP") at a grant price of 221p per
share.
Director/PDMR Number of Shares
------------------ -----------------
Mike Faulkner 174,202
------------------ -----------------
James John Berry 90,495
------------------ -----------------
The conditional awards of shares will vest on 30 June 2019,
subject to an extension period of two years until 30 June 2021 and
is dependent upon the satisfaction of specified performance
criteria and other terms in accordance with the rules of the
PSP.
The attached notifications, made in accordance with requirements
of the EU Market Abuse Regulation, give further detail of the
awards.
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Kevin Hayes, Chief Financial Officer
Annex DTR3
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
All relevant boxes should be completed in block capital
letters.
State whether the notification relates
to (i) a transaction notified in
accordance with DTR 3.1.2 R;
(ii) a disclosure made in accordance
with LR 9.8.6R(1); or
(iii) a disclosure made in accordance
with section 793 of the Companies
Name of the issuer Act 2006
1. RIVER AND MERCANTILE GROUP PLC 2. (i)
---- ---------------------------------------- ---- --------------------------------------------------
3. Name of person discharging managerial 4. State whether notification relates
responsibilities/director to a person connected with a person
discharging managerial responsibilities/director
JAMES JOHN BERRY named in 3 and identify the connected
person
N/A
---- ---------------------------------------- ---- --------------------------------------------------
Indicate whether the notification
is in respect of a holding of the Description of shares (including
person referred to in 3 or 4 above class), debentures or derivatives
or in respect of a nonbeneficial or financial instruments relating
interest (1) to shares
5. HOLDING IN RESPECT OF (3) ABOVE 6. ORDINARY SHARES OF GBP0.003P EACH
---- ---------------------------------------- ---- --------------------------------------------------
7. Name of registered shareholders(s) 8. State the nature of the transaction
and, if more than one, the number
of shares held by each of them CONDITIONAL AWARD OF SHARES PURSUANT
TO THE RIVER AND MERCANTILE GROUP
JAMES JOHN BERRY PLC PERFORMANCE SHARE PLAN. THE
AWARD IS HELD FOR A PERIOD OF THREE
YEARS, SUBJECT TO AN EXTENSION PERIOD
OF TWO YEARS. THE AWARD VESTS DEPENT
UPON THE SATISFACTION OF SPECIFIED
PERFORMANCE CRITERIA AND OTHER TERMS
IN ACCORDANCE WITH THE RULES OF
THE PLAN
---- ---------------------------------------- ---- --------------------------------------------------
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class should
shares acquired not be taken into account when calculating
percentage)
90,495
0.11%
---- ---------------------------------------- ---- --------------------------------------------------
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class should
shares disposed not be taken into account when calculating
percentage)
N/A
N/A
---- ---------------------------------------- ---- --------------------------------------------------
Price per share or value of transaction
Date and place of transaction
13. 221p 14. 25 OCTOBER 2016. LONDON UK
---- ---------------------------------------- ---- --------------------------------------------------
Total holding following notification
and total percentage holding following
notification (any treasury shares
should not be taken into account
when calculating percentage)
2,210,619; 2.69%
IF AWARD VESTS (BASED ON CURRENT
HOLDING) Date issuer informed of transaction
15. 2,301,114; 2.80% 16. 25 OCTOBER 2016
---- ---------------------------------------- ---- --------------------------------------------------
If a person discharging managerial responsibilities has been
granted options by the issuer complete the following boxes
Period during which or date
17. Date of grant 18. on which exercisable
---- --------------------------- ---- -------------------------------
Description of shares or
Total amount paid (if any) debentures involved (class
19. for grant of the option 20. and number)
---- --------------------------- ---- -------------------------------
Exercise price (if fixed
at time of grant) or
indication that price is Total number of shares or
to be fixed at the time debentures over which options
21. of exercise 22. held following notification
---- --------------------------- ---- -------------------------------
Name of contact and telephone
number for queries
KEVIN JAMES PATRICK HAYES
RIVER AND MERCANTILE GROUP
PLC SWITCHBOARD TEL: 020
23. Any additional information 24. 3327 5100
---- --------------------------- ---- -------------------------------
Name of authorised official of issuer responsible for making
notification
KEVIN HAYES
Date of notification 28 October 2016
-------------------------------------------------------------
Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.
(1) An issuer making a notification in respect of a transaction
relating to the shares or debentures of the issuer
should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative
relating the shares of the issuer should complete boxes
1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options
granted to a director/person discharging managerial
responsibilities should complete boxes 1 to 3 and 17
to 24.
(4) An issuer making a notification in respect of a financial
instrument relating to the shares of the issuer (other
than a debenture) should complete boxes 1 to 4, 6,
8, 9, 11, 13, 14, 16, 23 and 24.
Annex DTR3
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
All relevant boxes should be completed in block capital
letters.
State whether the notification relates
to (i) a transaction notified in
accordance with DTR 3.1.2 R;
(ii) a disclosure made in accordance
with LR 9.8.6R(1); or
(iii) a disclosure made in accordance
with section 793 of the Companies
Name of the issuer Act 2006
1. RIVER AND MERCANTILE GROUP PLC 2. (i)
---- ---------------------------------------- ---- --------------------------------------------------
3. Name of person discharging managerial 4. State whether notification relates
responsibilities/director to a person connected with a person
discharging managerial responsibilities/director
MICHAEL FAULKNER named in 3 and identify the connected
person
N/A
---- ---------------------------------------- ---- --------------------------------------------------
Indicate whether the notification
is in respect of a holding of the Description of shares (including
person referred to in 3 or 4 above class), debentures or derivatives
or in respect of a nonbeneficial or financial instruments relating
interest (1) to shares
5. HOLDING IN RESPECT OF (3) ABOVE 6. ORDINARY SHARES OF GBP0.003P EACH
---- ---------------------------------------- ---- --------------------------------------------------
7. Name of registered shareholders(s) 8. State the nature of the transaction
and, if more than one, the number
of shares held by each of them CONDITIONAL AWARD OF SHARES PURSUANT
TO THE RIVER AND MERCANTILE GROUP
MICHAEL FAULKNER PLC PERFORMANCE SHARE PLAN. THE
AWARD IS HELD FOR A PERIOD OF THREE
YEARS, SUBJECT TO AN EXTENSION PERIOD
OF TWO YEARS. THE AWARD VESTS DEPENDENT
UPON THE SATISFACTION OF SPECIFIED
PERFORMANCE CRITERIA AND OTHER TERMS
IN ACCORDANCE WITH THE RULES OF
THE PLAN
---- ---------------------------------------- ---- --------------------------------------------------
9. Number of shares, debentures or 10. Percentage of issued class acquired
financial instruments relating to (treasury shares of that class should
shares acquired not be taken into account when calculating
percentage)
174,202
0.21%
---- ---------------------------------------- ---- --------------------------------------------------
11. Number of shares, debentures or 12. Percentage of issued class disposed
financial instruments relating to (treasury shares of that class should
shares disposed not be taken into account when calculating
percentage)
N/A
N/A
---- ---------------------------------------- ---- --------------------------------------------------
Price per share or value of transaction
Date and place of transaction
13. 221.0085p 14. 25 OCTOBER 2016. LONDON UK
---- ---------------------------------------- ---- --------------------------------------------------
Total holding following notification
and total percentage holding following
notification (any treasury shares
should not be taken into account
when calculating percentage)
3,706,823; 4.52%
IF AWARD VESTS (BASED ON CURRENT
HOLDING) Date issuer informed of transaction
15. 3,881,025; 4.73% 16. 25 OCTOBER 2016
---- ---------------------------------------- ---- --------------------------------------------------
If a person discharging managerial responsibilities has been
granted options by the issuer complete the following boxes
Period during which or date
17. Date of grant 18. on which exercisable
---- --------------------------- ---- -------------------------------
Description of shares or
Total amount paid (if any) debentures involved (class
19. for grant of the option 20. and number)
---- --------------------------- ---- -------------------------------
Exercise price (if fixed
at time of grant) or
indication that price is Total number of shares or
to be fixed at the time debentures over which options
21. of exercise 22. held following notification
---- --------------------------- ---- -------------------------------
Name of contact and telephone
number for queries
KEVIN JAMES PATRICK HAYES
RIVER AND MERCANTILE GROUP
PLC SWITCHBOARD TEL: 020
23. Any additional information 24. 3327 5100
---- --------------------------- ---- -------------------------------
Name of authorised official of issuer responsible for making
notification
KEVIN HAYES
Date of notification 28 October 2016
-------------------------------------------------------------
Notes: This form is intended for use by an issuer to make a RIS notification required by DR 3.3.
(1) An issuer making a notification in respect of a transaction
relating to the shares or debentures of the issuer
should complete boxes 1 to 16, 23 and 24.
(2) An issuer making a notification in respect of a derivative
relating the shares of the issuer should complete boxes
1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3) An issuer making a notification in respect of options
granted to a director/person discharging managerial
responsibilities should complete boxes 1 to 3 and 17
to 24.
(4) An issuer making a notification in respect of a financial
instrument relating to the shares of the issuer (other
than a debenture) should complete boxes 1 to 4, 6,
8, 9, 11, 13, 14, 16, 23 and 24.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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