TIDMARBB

RNS Number : 0828B

Arbuthnot Banking Group PLC

30 March 2017

30 March 2017

Arbuthnot Banking Group PLC

("Arbuthnot" or the "Company")

Director/PDMR Shareholding

Sir Henry Angest has today acquired 150,500 ordinary shares in Arbuthnot at a price of 14.332 pence per share. Following the purchase, Sir Henry Angest is interested in 8,351,401 shares representing 56.1% of the total voting rights (excluding treasury shares) in the Company.

The seller of the shares was the Arbuthnot Banking Group Employee Share Option Plan ("ESOP"). The Arbuthnot Phantom Share Option Scheme, introduced in June 2016, replaced the existing 1995 and 2006 Unapproved Share Option Schemes. The ESOP therefore no longer requires Arbuthnot shares to settle any options.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

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                      Sir Henry Angest 
---  ------------------------  ----------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------- 
 a)   Position/status           Chairman and Chief Executive 
---  ------------------------  ----------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ----------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------- 
 a)   Name                      Arbuthnot Banking Group PLC 
---  ------------------------  ----------------------------------- 
 b)   LEI                       213800LAWPXT3H3SNN21 
---  ------------------------  ----------------------------------- 
 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            Ordinary shares of 1p each in 
       the financial             Arbuthnot. 
       instrument, type          ISIN: GB0007922338 
       of instrument 
       Identification 
       code 
---  ------------------------  ----------------------------------- 
 b)   Nature of the             Purchase of Ordinary Shares 
       transaction 
---  ------------------------  ----------------------------------- 
 c)   Price(s) and              Price - 14.332p 
       volume(s)                 Volumes - 150,500 Ordinary shares 
---  ------------------------  ----------------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ----------------------------------- 
 e)   Date of the transaction   30 March 2017 
---  ------------------------  ----------------------------------- 
 f)   Place of the              London Stock Exchange 
       transaction 
---  ------------------------  ----------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 30, 2017 12:03 ET (16:03 GMT)

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