REG - Mission Group PLC - PDMR Shareholding pursuant to Growth Share Scheme
RNS Number : 1216JMission Group PLC (The)07 April 2020
The Mission Group plc
Director/ PDMR Notifications pursuant to the Growth Share Scheme
The Mission Group plc ("MISSION", "the Company" or "the Group", AIM: TMG), the alternative group for ambitious brands, announces that pursuant to the Growth Share Scheme ("Scheme") details of which were announced on 19 January 2017, 22 February 2017 and 4 June 2019, the Board has received put notices ("Put Notices") to exchange, in aggregate, 5,434,162 A Shares into, in aggregate, 5,434,162 new ordinary shares of 10p each in the capital of the Company ("New Ordinary Shares") from, inter alia, the PDMRs listed below. Following the receipt of a Put Notice, the Company has 20 business days to issue the New Ordinary Shares and make application for those shares to be admitted to trading on AIM.
Following the issue of the New Ordinary Shares, there will be 90,729,727 Ordinary Shares in issue. The interest of each PDMR following the satisfaction of their Put Notice will be as follows:
Director
Put options exercised
Total holding
Percentage of enlarged issued share capital
Dylan Bogg
286,009
1,798,999
2.0%
James Clifton
572,017
771,541
0.9%
Robert Day
572,017
5,725,541
6.3%
Peter Fitzwilliam
572,017
1,284,226
1.4%
Julian Hanson-Smith
171,605
171,605
0.2%
Giles Lee
572,017
1,341,156
1.5%
David Morgan
572,017
6,725,121
7.4%
Sue Mullen
286,009
1,377,192
1.5%
Fiona Shepherd
572,017
1,588,874
1.8%
This announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014.
Enquiries:
THE MISSION GROUP PLC
James Clifton, Chief Executive
Peter Fitzwilliam, Chief Financial Officer
Tel: 020 7462 1415
SHORE CAPITAL (Nomad and Broker)
Mark Percy / James Thomas/ Sarah Mather
Tel: 020 7408 4090
HOUSTON (Financial PR and Investor Relations)
Kate Hoare / Laura Stewart
Tel: 0203 760 7668
MISSION is a collective of creative Agencies. Employing 1,150 people in the UK, Europe, Asia and US, the Group combines the expertise of Integrated and Specialist Agencies to bring commercially effective solutions to business challenges.
Founded as a cooperative of like-minded entrepreneurs, MISSION has built an impressive track record. The Group has grown revenue and profit each year for the last nine years, winning prestigious and progressively bigger business across its blue-chip Client base and acquiring new Agencies with fantastic reputations, expanding its service capability even further.
In addition to the Group's creative Agencies sits Fuse, MISSION's central innovation hub through which the Group has successfully trialled and developed a number of emerging technologies. Many of these have been grown into successful commercial products that not only bring value to the MISSION family of Agencies, but which have been successfully able to realise market value at sale.
Notification of transactions of persons discharging managerial responsibilities and persons closely associated with them
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dylan Bogg
James Clifton
Robert Day
Peter Fitzwilliam
Julian Hanson-Smith
Giles Lee
David Morgan
Sue Mullen
Fiona Shepherd
2
Reason for the notification
a)
Position/status
Dylan Bogg
Executive Director
James Clifton
Group Chief Executive
Robert Day
Deputy Chairman
Peter Fitzwilliam
Chief Financial Officer
Julian Hanson-Smith
Non-Executive Director
Giles Lee
Commercial Director
David Morgan
Chairman
Sue Mullen
Executive Director
Fiona Shepherd
Executive Director
b)
Initial notification /Amendment
6 April 2020
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
The Mission Group plc
b)
LEI
213800L567CF3Z6GPZ03
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 10 pence each
GB00B11FD453
b)
Nature of the transaction
Pursuant to the Growth Share Scheme, A shares were exchanged for Ordinary shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Dylan Bogg
Nil price
286,009
James Clifton
Nil price
572,017
Robert Day
Nil price
572,017
Peter Fitzwilliam
Nil price
572,017
Julian Hanson-Smith
Nil price
171,605
Giles Lee
Nil price
572,017
David Morgan
Nil price
572,017
Sue Mullen
Nil price
286,009
Fiona Shepherd
Nil price
572,017
d)
Aggregated information
- Aggregated volume
- Price
4,175,725
Nil price
e)
Date of the transaction
6 April 2020
f)
Place of the transaction
London Stock Exchange, AIM Market (XLON)
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.ENDDSHBUGDSCUGDGGR
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