Exercise of Options, Director/PDMR Dealing & TVR

Belvoir

15/01/2021 17:57

RNS Number : 9294L

Belvoir Group PLC

15 January 2021

 

BELVOIR GROUP PLC

(the "Company", the "Group" or "Belvoir")

Exercise of Options

PDMR Dealing

and

Total Voting Rights

Belvoir Group plc (AIM: BLV), the UK's largest property franchise, announces that David Spackman, a PDMR, and one other group employee have each exercised options over 30,612 ordinary shares of 1 pence each in the capital of the Company, respectively ("Ordinary Shares"). The options are held under the terms of the Company's EMI share option scheme and have all been exercised at a price of 98 pence per Ordinary Share.

Following this exercise Mr Spackman has sold 30,612 Ordinary Shares. Following the above transactions Mr Spackman's holding remains unchanged at 66,875 Ordinary Shares, representing approximately 0.19 per cent of the Company's total issued share capital.

Application will be made for the 61,224 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on 22 January 2021 ("Admission").  Following Admission, the Company's total issued share capital will consist of 35,213,841 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury.  Therefore, the total number of voting rights in the Company will be 35,213,841. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

 

Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014
1
Details of the person discharging managerial responsibilities/person closely associated
a.
Name
David Spackman
2
Reason for notification
a.
Position/Status
PDMR
b.
Initial notification/
Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.
Name
Belvoir Group PLC
b.
LEI
213800FPT3JTZYB3FP61
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 financial instrument, type of instrument

 Identification Code
Ordinary Shares of 1p each
ISIN: GB00B4QY1P51
b.
Nature of the transaction
Acquisition of Ordinary Shares following the Exercise of Share Options and Sale of Ordinary Shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
98p
30,612
Purchase
165p
30,612
Sale
d.
Aggregated information
Aggregated Purchase Volume
Aggregated Purchase Price
Aggregated Sale Volume
Aggregated Sale Price
30,612
98p
30,612
165p
e.
Date of the transaction
15 January 2021
f.
Place of the transaction
London Stock Exchange


 

 

 

 

 For further details:

Belvoir Group PLC
Dorian Gonsalves, Chief Executive Officer
Louise George, Chief Financial Officer
www.belvoirgroup.com
01476 584900
investorrelations@belvoirgroup.com
finnCap
Julian Blunt, Teddy Whiley (Corporate Finance)
Tim Redfern (ECM)
www.finncap.com
+44 (0) 20 7220 0500
Buchanan
Charles Ryland, Kim Looringh-van Beeck & Tilly Abraham
+44 (0) 20 7466 5000


Notes:

About Belvoir Group PLC

Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with 396 offices across five brands specialising in residential lettings, property management, residential sales and property-related financial services. With its Central Office in Grantham, Lincolnshire, the Group manages over 68,550 properties and reported record revenues of £19.3m in 2019 making Belvoir the largest property franchise group in the UK.

For further information, please visit: www.belvoirgroup.com

 

 

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