REG - Impax Asset Mngmnt - Director/PDMR Shareholding <Origin Href="QuoteRef">IPX.L</Origin>

Impax Asset ManagementAnnouncement

25/10/2017 17:01

RNS Number : 6341U
Impax Asset Management Group plc
25 October 2017
Impax Asset Management Group plc
Director/PDMR and PCA Shareholding
Impax Asset Management Group plc (the "Company") announces that it has received notifications that the following persons discharging managerial responsibilities and persons closely associated ("PCA") with them have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 4,925,680 shares conducted by Peel Hunt. 
Name
Position
Ordinary Shares sold
Price per Ordinary Share
Aggregate value
Ian Simm
Chief Executive
450,000
1.42
639,000.00
Charlie Ridge
Chief Finance Officer
430,000
1.42
610,600.00
Carol Ridge
PCA
15,940
1.42
22,634.80
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail. 
1.
Details of PDMR / person closely associated with them ('PCA')
a)
Name
Ian Simm
2.
Reason for the notification
a)
Position / status
Chief Executive
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Impax Asset Management Group plc
b)
LEI
213800AJDNW4S2B7E680
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 financial instrument
Identification Code
Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260
b)
Nature of the transaction
Exercised options over 450,000 Ordinary Shares 
c)
Price(s) and volume(s)
Exercise price(s)
Volume(s)
49.6p per share
450,000
d)
Aggregated information
Aggregated volume 
Price
Aggregated volume: 450,000
Aggregated exercise price: 49.6p
Aggregated price: n/a
e)
Date of the transaction
25 October 2017
f)
Place of the transaction
London Stock Exchange
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 financial instrument
Identification Code
Sale of ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260
b)
Nature of the transaction
Sold 450,000 Ordinary Shares 
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.42p per share
450,000
d)
Aggregated information
Aggregated volume 
Price
Aggregated volume: 450,000
Aggregated price: 1.42 per share
Total aggregated price: 639,000.00
e)
Date of the transaction
25 October 2017
f)
Place of the transaction
London Stock Exchange
1.
Details of PDMR / person closely associated with them ('PCA')
a)
Name
Charlie Ridge
2.
Reason for the notification
a)
Position / status
Chief Finance Officer
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Impax Asset Management Group plc
b)
LEI
213800AJDNW4S2B7E680
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 financial instrument
Identification Code
Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260
b)
Nature of the transaction
Exercised options over 700,000 Ordinary Shares 
c)
Price(s) and volume(s)
Exercise price(s)
Volume(s)
49.6p per share
270,000
49.6p per share
30,000
37.59 per share
200,000
47.9p per share
200,000
d)
Aggregated information
Aggregated volume 
Price
Aggregated volume: 700,000
Aggregated exercise price: 45.68p
Aggregated price: n/a
e)
Date of the transaction
25 October 2017
f)
Place of the transaction
London Stock Exchange
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 financial instrument
Identification Code
Sale of ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260
b)
Nature of the transaction
Sold 430,000 Ordinary Shares 
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.42 per share
430,000
d)
Aggregated information
Aggregated volume 
Price
Aggregated volume: 430,000
Aggregated price: 1.42p per share
Total aggregated price: 610,600.00
e)
Date of the transaction
25 October 2017
f)
Place of the transaction
London Stock Exchange
1.
Details of PDMR / person closely associated with them ('PCA')
a)
Name
Carol Ridge
2.
Reason for the notification
a)
Position / status
PCA
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Impax Asset Management Group plc
b)
LEI
213800AJDNW4S2B7E680
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 financial instrument
Identification Code
Sale of ordinary Shares of 1p each in Impax Asset Management Group plc
GB0004905260
b)
Nature of the transaction
Sold 15,940 Ordinary Shares 
c)
Price(s) and volume(s)
Price(s)
Volume(s)
1.42 per share
15,940
d)
Aggregated information
Aggregated volume 
Price
Aggregated volume: 15,940
Aggregated price: 1.42 per share
Total aggregated price: 22,634.80
e)
Date of the transaction
25 October 2017
f)
Place of the transaction
London Stock Exchange
The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.
-ENDS-
Enquiries:
Zack Wilson
Group General Counsel and Company Secretary Tel: + 44 (0) 20 7434 1122 (switchboard)
Impax Asset Management Group plc
Norfolk House, 31 St James's Square, 
London, SW1Y 4JR 
www.impaxam.com
Anne Gilding  Tel: +44 (0) 20 7434 1122 (switchboard)
Head of Brand & Communications  Tel: +44 (0) 20 7432 2602 (direct)
Impax Asset Management Group plc Tel: +44 (0) 7881 249612 (mobile)
Norfolk House, 31 St James's Square, 
London, SW1Y 4JR Email: a.gilding@impaxam.com
www.impaxam.com


Guy Wiehahn Tel: +44 (0) 20 7418 8893
Nominated Adviser and Broker
Peel Hunt LLP

This information is provided by RNS
The company news service from the London Stock Exchange
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