REG - Aston Martin Lagonda - Director/PDMR Shareholding
RNS Number : 4599IAston Martin Lagonda Global Hld PLC12 August 202112 August 2021
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 as notified to the Company.
Enquiries
Investors and Analysts
Charlotte Cowley,
Director of Investor Relations
+44 (0)7771 976764
charlotte.cowley@astonmartin.com
Brandon Henderson
+44 (0)7585 326704
Senior Manager, Investor Relations
brandon.henderson@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
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
Sportswear Holdings Limited ("SHL"), 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 £0.10 each in the capital of the Company (the "Shares").
b)
Nature of the transaction
Yew Tree Overseas Limited ("Yew Tree") holds 1,449,275 Shares as nominee for SHL (the "Relevant Shares").
On 11 August 2021, Yew Tree entered into an amended and restated version of an existing security interest agreement between Yew Tree and Union Bancaire Privée ("UBP") (the "A&R Security Interest Agreement").
In entering into the A&R Security Interest Agreement, Yew Tree amended and restated the security arrangements previously disclosed in the prospectuses published by the Company on 27 February 2020 and 18 November 2020, pursuant to which, together with other assets held by Yew Tree, all of the Shares held by Yew Tree, including the Relevant Shares that Yew Tree holds as nominee for SHL, are subject to security arrangements with UBP.
c)
Price(s) and volume(s)
1,449,275 Shares, being the number of Shares that Yew Tree holds as nominee for SHL.
A separate notification has been made in respect of Yew Tree simultaneously with this notification.
No price applicable; the transaction concerns the amendment and restatement of Yew Tree's existing security arrangements only.
d)
Aggregated information
- Aggregated volume
- Price
1,449,275 Shares.
No price applicable; the transaction concerns the amendment and restatement of Yew Tree's existing security arrangements.
e)
Date of the transaction
11 August 2021
f)
Place of the transaction
St Helier, Jersey
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 £0.10 each in the capital of the Company (the "Shares").
b)
Nature of the transaction
On 11 August 2021, Yew Tree entered into an amended and restated version of an existing security interest agreement between Yew Tree and Union Bancaire Privée ("UBP") (the "A&R Security Interest Agreement").
In entering into the A&R Security Interest Agreement, Yew Tree amended and restated the security arrangements previously disclosed in the prospectuses published by the Company on 27 February 2020 and 18 November 2020, pursuant to which all of the Shares held by Yew Tree, together with other assets held by Yew Tree, are subject to security arrangements with UBP.
c)
Price(s) and volume(s)
19,375,560 Shares, being 100% of the Shares held by Yew Tree, including those Shares held by Yew Tree as nominee for Sportswear Holdings Limited ("SHL"). SHL is also a PCA of Mr. Stroll and a separate notification has been made in respect of SHL simultaneously with this notification.
No price applicable; the transaction concerns the amendment and restatement of Yew Tree's existing security arrangements only.
d)
Aggregated information
- Aggregated volume
- Price
19,375,560 Shares.
No price applicable; the transaction concerns the amendment and restatement of Yew Tree's existing security arrangements.
e)
Date of the transaction
11 August 2021
f)
Place of the transaction
St Helier, Jersey
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