Exercise of Options, Director/PDMR Dealing & TVR

Belvoir

10/06/2021 17:01

RNS Number : 5522B

Belvoir Group PLC

10 June 2021

 

BELVOIR GROUP PLC

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

Exercise of Options

Director/PDMR Dealing

and

Total Voting Rights

Belvoir Group plc (AIM: BLV), a leading UK property franchise group, announces that it has allotted 1,005,321 new ordinary shares of 1p each ("Ordinary Shares") following the exercise of share options under the Company's EMI, LTIP and CSOP share option schemes by certain PDMRs (together the "Exercising PDMRs"), as well as other Group employees.

Further to the exercise of such options the Exercising PDMRs have sold, in aggregate, 707,396 Ordinary Shares arising from such exercise at a price of 230 pence per Ordinary Share as set out below:

Director/PDMR
Current holding of Ordinary Shares
Options exercised
Ordinary Shares sold
Resultant holding of Ordinary Shares
% of TVR
Dorian Gonsalves
483,595
200,000
200,000
483,595
1.3%
Louise George
56,607
515,782
244,857
327,532
0.9%
Mark Newton
435,507
171,927
171,927
435,507
1.2%
Ian Maclean
0
90,612
90,612
0
0.0%

 

Application has been made to the London Stock Exchange for the 1,005,321 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective at 8.00 a.m. on 16 June 2021.

 

Following Admission, the total number of Ordinary Shares in issue will be 36,231,162 and the total number of voting rights will therefore be 36,231,162. There are no Ordinary Shares held in treasury.  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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

 

The announcement contains inside information.

 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, Charlotte Sutcliffe (ECM)
www.finncap.com
+44 (0) 20 7220 0500
Buchanan
Charles Ryland, Victoria Hayns, 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 439 offices across six 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 71,500 properties and reported record revenues of £21.7m in 2020 marking Belvoir's 24th year of unbroken profit growth.

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

 

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
Dorian Gonsalves
2
Reason for notification
a.
Position/Status
Chief Executive Officer
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
Exercise of Share Options held under the Company's EMI Scheme and Sale of Ordinary Shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
132p Exercise price
200,000
Option Exercise
230p
200,000
Sale
d.
Aggregated information
As above
e.
Date of the transaction
10 June 2021
f.
Place of the transaction
London Stock Exchange


 

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
Louise George
2
Reason for notification
a.
Position/Status
Chief Financial Officer
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
Exercise of Share Options held under the Company's LTIP and Sale of Ordinary Shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
1p Exercise price
515,782
Option Exercise
230p
244,857
Sale
d.
Aggregated information
As above
e.
Date of the transaction
10 June 2021
f.
Place of the transaction
London Stock Exchange


 

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
Mark Newton
2
Reason for notification
a.
Position/Status
Executive Director
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
Exercise of Share Options held under the Company's LTIP and Sale of Ordinary Shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
1p Exercise price
171,927
Option Exercise
230p
171,927
Sale
d.
Aggregated information
As above
e.
Date of the transaction
10 June 2021
f.
Place of the transaction
London Stock Exchange


 

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
Ian Maclean
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
Exercise of Share Options held under the Company's EMI and CSOP schemes and Sale of Ordinary Shares
c.
Price(s) and volume(s)
Price(s)
Volume(s)
98p
132p
30,612
60,000
Option Exercise
230p
90,612
Sale
d.
Aggregated information
Option Exercise: 120.5p
Sale: As c. above
e.
Date of the transaction
10 June 2021
f.
Place of the transaction
London Stock Exchange


 

 

 

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