REG - Aston Martin Lagonda - Director/PDMR Shareholding

Aston Martin Lagonda Global HoldingsAnnouncement

09/12/2020 13:30

RNS Number : 1056I
  
Aston Martin Lagonda Global Hld PLC
  
09 December 2020
  
 

9 December 2020
 
 
Aston Martin Lagonda Global Holdings plc
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
 
Aston Martin Lagonda Global Holdings plc (the "Company") announces the following transactions by a Director, PDMR and/or person closely associated with them in connection with the placing announced on 27 October 2020, notified to the Company today.
 
Enquiries:
 




Investors and Analysts 
Charlotte Cowley, 
Director of Investor Relations
 


 
+44 (0)7771 976764
charlotte.cowley@astonmartin.com 




Media
Kevin Watters, 
Director of Communications 
 


 
 +44 (0)7764 386683
kevin.watters@astonmartin.com




Grace Barnie, 
Corporate Communications Manager
 


 +44 (0)7880 903490
grace.barnie@astonmartin.com




Tulchan Communications
Harry Cameron and Simon Pilkington                            


 
+44 (0)20 73534200
 




 


 




 
 
 
 
 
Aston Martin Lagonda Global Holdings plc

 
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 issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Aston Martin Lagonda Global Holdings plc




b)


LEI


213800167WOVOK5ZC776




3.


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 
Identification Code


Ordinary shares of £0.009039687 each in the capital of the Company.
ISIN:  GB00BFXZC448
 




b)


Nature of the transaction


As notified to the Company in a PDMR notification on 30 October 2020, 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 was subject to shareholder approval and the satisfaction of certain other conditions.
On 9 November 2020, Yew Tree agreed, subject to completion of the Placing, 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 "Syndication Transfers"). The Syndication Transfers are further described in the announcement of the Placing published by the Company on 27 October 2020. 
The Syndication Transfers completed on 9 December 2020 and details of them are set out below.




c) 


Price(s) and volume(s)






Price(s)


Volume(s)




£0.50 per share


Disposal: 1,240,784 




£0.50 per share


Disposal: 1,525,552




£0.50 per share


Disposal: 457,665




£0.50 per share


Disposal: 2,117,979




£0.50 per share


Disposal: 1,525,552




£0.50 per share


Disposal: 1,271,295




£0.50 per share


Disposal: 610,220




 
 




d)


Aggregated information 
-      Aggregated volume 
-      Price 


Aggregate disposal: 8,749,047 ordinary shares for £4,374,525.89.




e) 


Date of the transaction


2020-12-09 (GMT) 




f)


Place of the transaction 


London 




 
Aston Martin Lagonda Global Holdings plc
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


Saint James Invest SA ("Saint James"), a société anonyme incorporated in Switzerland.




b)


Position / status 


The notification concerns a PCA of Michael de Picciotto, representative non-executive director of the Yew Tree Consortium on the board of the Company.




c)


Initial notification / amendment


Initial notification.




2.


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Aston Martin Lagonda Global Holdings plc




b)


LEI


213800167WOVOK5ZC776




3.


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
Identification Code 


Ordinary shares of £0.009039687 each in the capital of the Company.
ISIN:  GB00BFXZC448




b)


Nature of the transaction


On 9 November 2020, Saint James agreed to acquire 1,240,784 ordinary shares in the capital of the Company from Yew Tree Overseas Limited as part of a syndication which is conditional on completion of the placing of the Company announced on 27 October 2020 (the "Placing"). The syndication of which this transaction forms part is further described in the announcement of the Placing published by the Company on 27 October 2020 and completed on 9 December 2020.
In addition, Saint James has subscribed for a number of warrants for shares in the Company. The warrants are described in more detail in the prospectus published by the Company on 18 November 2020.




c) 


Price(s) and volume(s)






Price(s)


Volume(s)




£0.50 per share


Acquisition: 1,240,784




$0.38 per warrant


Acquisition: 567,079




 


 




 
 




d)


Aggregated information 
-      Aggregated volume 
-      Price 


Aggregate acquisition: 1,240,784 ordinary shares for £620,392.43 and 567,079 warrants for $1,500,000.
 




e) 


Date of the transaction


2020-12-07 (GMT) in respect of the warrants.
2020-12-09 (GMT) in respect of the shares.




f)


Place of the transaction 


London 




 
 

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