TIDMIPX

RNS Number : 6341U

Impax Asset Management Group plc

25 October 2017

Impax Asset Management Group plc

Director/PDMR and PCA Shareholding

Impax Asset Management Group plc (the "Company") announces that it has received notifications that the following persons discharging managerial responsibilities and persons closely associated ("PCA") with them have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 4,925,680 shares conducted by Peel Hunt.

 
 Name          Position          Ordinary       Price per   Aggregate 
                                  Shares sold    Ordinary    value 
                                                 Share 
------------  ----------------  -------------  ----------  -------------- 
 Ian Simm      Chief Executive   450,000        GBP1.42     GBP639,000.00 
------------  ----------------  -------------  ----------  -------------- 
 Charlie       Chief Finance     430,000        GBP1.42     GBP610,600.00 
  Ridge         Officer 
------------  ----------------  -------------  ----------  -------------- 
 Carol Ridge   PCA               15,940         GBP1.42     GBP22,634.80 
------------  ----------------  -------------  ----------  -------------- 
 

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

 
 1.   Details of PDMR / person closely associated 
       with them ('PCA') 
---  ----------------------------------------------------------- 
 a)   Name                     Ian Simm 
---  -----------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position / status        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                     Impax Asset Management Group 
                                plc 
---  -----------------------  ---------------------------------- 
 b)   LEI                      213800AJDNW4S2B7E680 
---  -----------------------  ---------------------------------- 
 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              Exercise of options over ordinary 
       of the financial         Shares of 1p each in Impax 
       instrument,              Asset Management Group plc 
       type of financial 
       instrument               GB0004905260 
       Identification 
       Code 
---  -----------------------  ---------------------------------- 
 b)   Nature of the            Exercised options over 450,000 
       transaction              Ordinary Shares 
---  -----------------------  ---------------------------------- 
 c)   Price(s) and              Exercise     Volume(s) 
       volume(s)                  price(s) 
                                -----------  ---------- 
                                 49.6p per 
                                  share       450,000 
                                -----------  ---------- 
---  -----------------------  ---------------------------------- 
 d)   Aggregated information   Aggregated volume: 450,000 
       Aggregated volume        Aggregated exercise price: 
       Price                    49.6p 
                                Aggregated price: n/a 
---  -----------------------  ---------------------------------- 
 e)   Date of the              25 October 2017 
       transaction 
---  -----------------------  ---------------------------------- 
 f)   Place of the             London Stock Exchange 
       transaction 
---  -----------------------  ---------------------------------- 
 
 
 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              Sale of ordinary Shares of 
       of the financial         1p each in Impax Asset Management 
       instrument,              Group plc 
       type of financial 
       instrument               GB0004905260 
       Identification 
       Code 
---  -----------------------  --------------------------------------- 
 b)   Nature of the            Sold 450,000 Ordinary Shares 
       transaction 
---  -----------------------  --------------------------------------- 
 c)   Price(s) and              Price(s)      Volume(s) 
       volume(s)                ------------  ---------- 
                                 GBP1.42p 
                                  per share    450,000 
                                ------------  ---------- 
---  -----------------------  --------------------------------------- 
 d)   Aggregated information   Aggregated volume: 450,000 
       Aggregated volume        Aggregated price: GBP1.42 
       Price                    per share 
                                Total aggregated price: GBP639,000.00 
---  -----------------------  --------------------------------------- 
 e)   Date of the              25 October 2017 
       transaction 
---  -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange 
       transaction 
---  -----------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('PCA') 
---  ----------------------------------------------------------- 
 a)   Name                     Charlie Ridge 
---  -----------------------  ---------------------------------- 
 2.   Reason for the notification 
---  ----------------------------------------------------------- 
 a)   Position / status        Chief Finance Officer 
---  -----------------------  ---------------------------------- 
 b)   Initial notification     Initial notification 
       / amendment 
---  -----------------------  ---------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------- 
 a)   Name                     Impax Asset Management Group 
                                plc 
---  -----------------------  ---------------------------------- 
 b)   LEI                      213800AJDNW4S2B7E680 
---  -----------------------  ---------------------------------- 
 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              Exercise of options over ordinary 
       of the financial         Shares of 1p each in Impax 
       instrument,              Asset Management Group plc 
       type of financial 
       instrument               GB0004905260 
       Identification 
       Code 
---  -----------------------  ---------------------------------- 
 b)   Nature of the            Exercised options over 700,000 
       transaction              Ordinary Shares 
---  -----------------------  ---------------------------------- 
 c)   Price(s) and              Exercise     Volume(s) 
       volume(s)                  price(s) 
                                -----------  ---------- 
                                 49.6p per 
                                  share       270,000 
                                -----------  ---------- 
                                 49.6p per 
                                  share       30,000 
                                -----------  ---------- 
                                 37.59 per 
                                  share       200,000 
                                -----------  ---------- 
                                 47.9p per 
                                  share       200,000 
                                -----------  ---------- 
---  -----------------------  ---------------------------------- 
 d)   Aggregated information   Aggregated volume: 700,000 
       Aggregated volume        Aggregated exercise price: 
       Price                    45.68p 
                                Aggregated price: n/a 
---  -----------------------  ---------------------------------- 
 e)   Date of the              25 October 2017 
       transaction 
---  -----------------------  ---------------------------------- 
 f)   Place of the             London Stock Exchange 
       transaction 
---  -----------------------  ---------------------------------- 
 
 
 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              Sale of ordinary Shares of 
       of the financial         1p each in Impax Asset Management 
       instrument,              Group plc 
       type of financial 
       instrument               GB0004905260 
       Identification 
       Code 
---  -----------------------  --------------------------------------- 
 b)   Nature of the            Sold 430,000 Ordinary Shares 
       transaction 
---  -----------------------  --------------------------------------- 
 c)   Price(s) and              Price(s)       Volume(s) 
       volume(s)                -------------  ---------- 
                                 GBP1.42 per 
                                  share         430,000 
                                -------------  ---------- 
---  -----------------------  --------------------------------------- 
 d)   Aggregated information   Aggregated volume: 430,000 
       Aggregated volume        Aggregated price: GBP1.42p 
       Price                    per share 
                                Total aggregated price: GBP610,600.00 
---  -----------------------  --------------------------------------- 
 e)   Date of the              25 October 2017 
       transaction 
---  -----------------------  --------------------------------------- 
 f)   Place of the             London Stock Exchange 
       transaction 
---  -----------------------  --------------------------------------- 
 
 
 1.   Details of PDMR / person closely associated 
       with them ('PCA') 
---  --------------------------------------------------------------- 
 a)   Name                     Carol Ridge 
---  -----------------------  -------------------------------------- 
 2.   Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position / status        PCA 
---  -----------------------  -------------------------------------- 
 b)   Initial notification     Initial notification 
       / amendment 
---  -----------------------  -------------------------------------- 
 3.   Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                     Impax Asset Management Group 
                                plc 
---  -----------------------  -------------------------------------- 
 b)   LEI                      213800AJDNW4S2B7E680 
---  -----------------------  -------------------------------------- 
 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              Sale of ordinary Shares of 
       of the financial         1p each in Impax Asset Management 
       instrument,              Group plc 
       type of financial 
       instrument               GB0004905260 
       Identification 
       Code 
---  -----------------------  -------------------------------------- 
 b)   Nature of the            Sold 15,940 Ordinary Shares 
       transaction 
---  -----------------------  -------------------------------------- 
 c)   Price(s) and              Price(s)       Volume(s) 
       volume(s)                -------------  ---------- 
                                 GBP1.42 per 
                                  share         15,940 
                                -------------  ---------- 
---  -----------------------  -------------------------------------- 
 d)   Aggregated information   Aggregated volume: 15,940 
       Aggregated volume        Aggregated price: GBP1.42 
       Price                    per share 
                                Total aggregated price: GBP22,634.80 
---  -----------------------  -------------------------------------- 
 e)   Date of the              25 October 2017 
       transaction 
---  -----------------------  -------------------------------------- 
 f)   Place of the             London Stock Exchange 
       transaction 
---  -----------------------  -------------------------------------- 
 

The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

-ENDS-

Enquiries:

Zack Wilson

Group General Counsel and Company Secretary Tel: + 44 (0) 20 7434 1122 (switchboard)

Impax Asset Management Group plc

Norfolk House, 31 St James's Square,

London, SW1Y 4JR

www.impaxam.com

Anne Gilding Tel: +44 (0) 20 7434 1122 (switchboard)

Head of Brand & Communications Tel: +44 (0) 20 7432 2602 (direct)

Impax Asset Management Group plc Tel: +44 (0) 7881 249612 (mobile)

Norfolk House, 31 St James's Square,

London, SW1Y 4JR Email: a.gilding@impaxam.com

www.impaxam.com

Guy Wiehahn Tel: +44 (0) 20 7418 8893

Nominated Adviser and Broker

Peel Hunt LLP

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFEEISLEFID

(END) Dow Jones Newswires

October 25, 2017 11:58 ET (15:58 GMT)

Impax Asset Management (LSE:IPX)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Impax Asset Management Charts.
Impax Asset Management (LSE:IPX)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Impax Asset Management Charts.