TIDMIPX

RNS Number : 1954U

Impax Asset Management Group plc

10 July 2018

10 July 2018

Impax Asset Management Group plc

Director/PDMR Shareholding

Impax Asset Management Group plc (the "Company") announces that it has today received notifications that the following persons discharging managerial responsibilities have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 3,484,065 shares conducted by Peel Hunt.

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

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Charlie Ridge 
      ---------------------------------------  --------------------------------------------------- 
 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                                     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 of the                       Exercise of options over Ordinary 
        financial instrument,                    Shares of 1p each in Impax Asset Management 
        type of instrument                       Group plc 
 
       Identification code                      GB0004905260 
 
 b)    Nature of the transaction                Exercised options over 304,000 Ordinary 
                                                 Shares 
      ---------------------------------------  --------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------------  -------------------- 
                                                  Price                      Volume 
                                                                            -------------------- 
                                                  56.9p                      204,000 
   --------------------------------------------  -------------------------  -------------------- 
                                                  45.4p                      100,000 
   --------------------------------------------  -------------------------  -------------------- 
 
 d)    Aggregated information 
       - Aggregated volume                      Aggregated Volume: 304,000 
                                                Aggregated exercise price: 53.12p 
       - Price                                  Aggregated price: n/a 
 
 e)    Date of the transaction                                   10 July 2018 
      ---------------------------------------  --------------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------------------- 
 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 1p each in Impax 
        financial instrument,                    Asset Management Group plc 
        type of instrument 
 
       Identification code                      GB0004905260 
 
 b)    Nature of the transaction                Sale of 304,000 ordinary shares in 
                                                 the Company 
      ---------------------------------------  --------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                                --------------------------  -------------------- 
                                                  Price                      Volume 
                                                                            -------------------- 
                                                  GBP2.035                   304,000 
   --------------------------------------------  -------------------------  -------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      Aggregated volume 304,000 
 
  - Price                                  Aggregated price: GBP2.035 per share 
 
                                            Total aggregated price: GBP618,640 
 
 e)    Date of the transaction                                   10 July 2018 
      ---------------------------------------  --------------------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------------------- 
 

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

-ENDS-

Enquiries

 
 Impax Asset Management Group PLC                         www.impaxam.com 
 Ian Simm - Chief Executive Officer 
                                                     +44 (0) 20 3912 3000 
                                                            (switchboard) 
 
   Gay Collins /Louis Supple             Tel: +44 (0) 7798 626282(mobile) 
   Montfort Communications                     Tel: +44 (0) 20 3770 
   Email: impax@montfort.london                    7914(direct) 
 
 Peel Hunt LLP (Nominated Adviser & 
  Broker)                                            +44 (0) 20 7418 8900 
 Guy Wiehahn 
 Jock Maxwell Macdonald 
 

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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July 10, 2018 09:03 ET (13:03 GMT)

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