REG - City Pub Group (The) - Director/PDMR Shareholding

City PubAnnouncement

04/03/2024 16:30

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RNS Number : 5236F  City Pub Group PLC (The)  04 March 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE
A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

 

4 March 2024

THE CITY PUB GROUP PLC ("CITY PUBS")

 

Exercise of options, transaction in own shares and PDMR shareholdings

City Pubs announces that, following this morning's announcement of the Scheme
becoming Effective, the Company has transferred 675,000 ordinary shares of 1
penny each in the Company ("Ordinary Shares") out of treasury. The transfer of
Ordinary Shares out of treasury is to satisfy the exercise of options for
Ordinary Shares, granted pursuant to the 2022 CSOP, by certain employees of
the Company, including  Holly Elliott and Christopher Merriman (together the
"PDMRs").

Details of the Ordinary Shares allotted to the PDMRs are set out in the table
at the end of this announcement ("notifications"). The below notifications are
made in accordance with the requirements of the EU Market Abuse Regulation.

Capitalised terms in this announcement, unless otherwise defined, have the
same meaning as set out in the scheme document published on 13 December 2023.

Enquiries:

 

 City Pubs                                        Tel: +44 (0) 20 7559 5106
 Clive Watson, Executive Chairman
 Holly Elliott, CFO

 Liberum Capital Limited                          Tel: +44 (0) 20 3100 2000
 (Nominated Advisor and Broker to City Pubs)
 Chris Clarke / Ed Thomas

 Panmure Gordon (UK) Limited                      Tel: +44 (0) 20 7886 2500
 (Joint Broker to City Pubs)
 Simon French / Ailsa Macmaster / Rupert Dearden

 Instinctif Partners                              Tel: +44 (0) 20 7457 2020
 (PR Adviser to City Pubs)
 Matthew Smallwood / Justine Warren

 

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY
ASSOCIATED PERSONS

 

 1.              Details of the person discharging managerial responsibilities/person closely
                 associated
 a)              Name:                                                         Holly Elliott
 2.              Reason for the 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:                                                         The City Pub Group plc
 b)              LEI:                                                          213800OHELCFJ6GLZC03
 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:  Options over Ordinary Shares of 1p each

                 Identification code:

                                                                               GB00BYWRS683
 b)              Nature of the transaction:                                    Exercise of options under the 2022 CSOP
 c)              Price(s) and volume(s):                                       Exercised resulting in issue of equity:

Share plan  Price(s) pence  Volume(s)
                                                                               2022 CSOP   90              33,333
 d)              Aggregated information:                                       See 4 (c) above

                 ·      Aggregated volume:

                 ·      Price:
 e)              Date of the transaction:                                      4 March 2024
 f)              Place of the transaction:                                     Off market transaction

d)

Aggregated information:

·      Aggregated volume:

·      Price:

See 4 (c) above

e)

Date of the transaction:

4 March 2024

f)

Place of the transaction:

Off market transaction

 

 1.              Details of the person discharging managerial responsibilities/person closely
                 associated
 a)              Name:                                                         Christopher Merriman
 2.              Reason for the notification
 a)              Position/status:                                              Financial Controller and Company Secretary
 b)              Initial notification/Amendment:                               Initial Notification
 3.              Details of the issuer, emission allowance market participant, auction
                 platform, auctioneer or auction monitor
 a)              Name:                                                         The City Pub Group plc
 b)              LEI:                                                          213800OHELCFJ6GLZC03
 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:  Options over Ordinary Shares of 1p each

                 Identification code:

                                                                               GB00BYWRS683
 b)              Nature of the transaction:                                    Exercise of options under the 2022 CSOP
 c)              Price(s) and volume(s):                                       Exercised resulting in issue of equity:

Share plan  Price(s) pence  Volume(s)
                                                                               2016 CSOP   90              8,333
 d)              Aggregated information:                                       See 4 (c) above

                 ·      Aggregated volume:

                 ·      Price:
 e)              Date of the transaction:                                      4 March 2024
 f)              Place of the transaction:                                     Off market transaction

d)

Aggregated information:

·      Aggregated volume:

·      Price:

See 4 (c) above

e)

Date of the transaction:

4 March 2024

f)

Place of the transaction:

Off market transaction

 

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