REG - Aston Martin Lagonda - Director/PDMR Shareholding

Aston Martin Lagonda Global HoldingsAnnouncement

30/10/2020 15:10

RNS Number : 8173D
  
Aston Martin Lagonda Global Hld PLC
  
30 October 2020
  
 

Aston Martin Lagonda Global Holdings plc (the "Company")



Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
 



1.


Details of PDMR / person closely associated with them ("PCA")




a)


Name


Yew Tree Overseas Limited ("Yew Tree"), a company incorporated in the British Virgin Islands.




b)


Position / status 


The notification concerns a PCA of Lawrence Stroll, Executive Chairman of the Company.




c)


Initial notification / amendment


Initial notification.




2.


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 


Ordinary shares of £0.009039687 each in the capital of the Company.




b)


Nature of the transaction


On 27 October 2020, Yew Tree gave an irrevocable undertaking to subscribe for shares in the placing of the Company announced on 27 October 2020 (the "Placing"). As set out in the announcement, the Placing is subject to shareholder approval and the satisfaction of certain other conditions.
Yew Tree intends to syndicate some of the shares for which it has agreed to subscribe under the Placing to other members of the consortium of shareholders in the Company led by Yew Tree. The proposed syndication is further described in the announcement of the Placing published by the Company on 27 October 2020.




c) 


Price(s) and volume(s)





Price(s)


Volume(s)




£0.50 per share


Acquisition: 40,000,000



 
 




d)


Aggregated information 
-      Aggregated volume 
-      Price 


Aggregate acquisition: 40,000,000 ordinary shares for £20,000,000.
 




e) 


Date of the transaction


2020-10-27 (GMT) 




f)


Place of the transaction 


London 



 

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