TIDMPKG

RNS Number : 5374W

Park Group PLC

01 August 2018

Park Group plc

("Park" the "Company" or the "Group")

Issue of Equity

The Company announces that 241,584 new ordinary shares of 2p each in the Company ("Ordinary Shares") have been issued following the exercise of employee share options in connection with the Company's Save As You Earn scheme ("SAYE").

Application has been made for the admission to AIM ("Admission") of 241,584 new Ordinary Shares, being the total number of shares issued following the award of shares under the Company's SAYE scheme.

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 7 August 2018.

Following Admission, the Company's enlarged issued share capital will be 185,979,943 Ordinary Shares. This figure of 185,979,943 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

For further information please contact:

 
 Park Group plc         Arden Partners plc     Tavistock 
 
   Ian O'Doherty          Steve Douglas          Jeremy Carey 
                          Benjamin Cryer         Sophie Praill 
 
   Tel: 0151 653 1700     Tel: 020 7614 5920     Tel: 020 7920 3150

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                           Martin Stewart 
     -----------------------------  ------------------------------------ 
 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                           Park Group plc 
     -----------------------------  ------------------------------------ 
 b)   LEI                            213800MQ5U1F8SPHK638 
     -----------------------------  ------------------------------------ 
 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 2p each 
       financial instrument, 
       type of instrument 
                                      ISIN : GB0006710643 
       Identification code 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Exercise of options over ordinary 
                                      shares granted under SAYE scheme 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)    Volume(s) 
                                        GBP0.567    31,746 
                                                   ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information         N/A (Single transaction) 
 
 
       - Aggregated volume 
 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        1 August 2018 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       Outside of a trading venue 
     -----------------------------  ------------------------------------

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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