TIDMRIV

RNS Number : 1638A

River and Mercantile Group PLC

24 May 2019

24 May 2019

LEI: 2138005C7REHURGWHW31

River and Mercantile Group PLC ("the Company")

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

The Company announces that on:

   --    21 May 2019, Mr Kevin Hayes, Chief Financial Officer, and Jack Berry, Director; and 
   --    23 May 2019, James Barham, Deputy Chief Executive Officer, 

PDMRs of the Company, exercised options, which were granted at 186.53p pursuant to the Company's SAYE Option Scheme, to subscribe for 9,649 ordinary shares of 0.003 pence each ("Shares").

Following this notification and on the allotment and issue of the Shares:

   --    Mr Barham will hold 1,171,496 Ordinary Shares; and 

-- Mr Berry and Mr Hayes have indicated their intention to each sell 9,649 Shares respectively. This will the subject of a further announcement following such sale.

Formal notification in respect of the PDMRs is set out below in accordance with the requirements of the Market Abuse Regulation.

For further information please contact:

River and Mercantile Group PLC +44 (0)20 3327 5100

Sally Buckmaster, Senior Counsel and Group Company Secretary

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Kevin Hayes 
      ---------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                          Chief Financial Officer 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                     River and Mercantile Group PLC 
      ---------------------------------------  --------------------------------------- 
 b)    LEI                                      2138005C7REHURGWHW31 
      ---------------------------------------  --------------------------------------- 
 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 GBP0.003 pence 
        financial instrument,                    each 
        type of instrument 
 
       Identification code                      GB00BLZH7X42 
 
 b)    Nature of the transaction                Exercise of options 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 186.53p            9,649 
                                                -----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      See above 
 
  - Price 
 
 e)    Date of the transaction                  21 May 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     James Barham 
      ---------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                          Deputy Chief Executive Officer 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                     River and Mercantile Group PLC 
      ---------------------------------------  --------------------------------------- 
 b)    LEI                                      2138005C7REHURGWHW31 
      ---------------------------------------  --------------------------------------- 
 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 GBP0.003 pence 
        financial instrument,                    each 
        type of instrument 
 
       Identification code                      GB00BLZH7X42 
 
 b)    Nature of the transaction                Exercise of options 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 186.53p            9,649 
                                                -----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      See above 
 
  - Price 
 
 e)    Date of the transaction                  23 May 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Jack Berry 
      ---------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                          Director 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                     River and Mercantile Group PLC 
      ---------------------------------------  --------------------------------------- 
 b)    LEI                                      2138005C7REHURGWHW31 
      ---------------------------------------  --------------------------------------- 
 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 GBP0.003 pence 
        financial instrument,                    each 
        type of instrument 
 
       Identification code                      GB00BLZH7X42 
 
 b)    Nature of the transaction                Exercise of options 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 186.53p            9,649 
                                                -----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      See above 
 
  - Price 
 
 e)    Date of the transaction                  21 May 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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