REG - Dart Group PLC - Director/PDMR Shareholding
RNS Number : 4373UDart Group PLC22 November 2019
22 November 2019
Dart Group PLC
(the "Company")
Director/PDMR Shareholding
Dart Group PLC, the Leisure Travel and Distribution & Logistics group, announces that Philip Meeson, Executive Chairman of the Company, has on 21 November 2019 sold 685,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares"), and on 22 November 2019 sold 315,000 Ordinary Shares, at average prices of £14.3178 and £13.5834 per Ordinary Share respectively.
Following this transaction, Philip Meeson is interested in a total of 54,040,000 Ordinary Shares, representing 36.29% of the Company's issued ordinary share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further details.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Meeson
2
Reason for the notification
a)
Position/status
Executive Chairman
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Dart Group PLC
b)
LEI
I72RQ3PNLDPW8R7JIJ56
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
Ordinary shares of 1.25p each
Identification code
GB00B1722W11
b)
Nature of the transaction
Sale of ordinary shares
c)
Price(s) and volumes(s)
Price(s)
Volume(s)
£14.3178
685,000
d)
Aggregated information
Aggregated volume
685,000
Price
£14.3178
e)
Date of the transaction
21 November 2019
f)
Place of the transaction
AIMX
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Philip Meeson
2
Reason for the notification
a)
Position/status
Executive Chairman
b)
Initial notification/Amendment
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Dart Group PLC
b)
LEI
I72RQ3PNLDPW8R7JIJ56
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
Ordinary shares of 1.25p each
Identification code
GB00B1722W11
b)
Nature of the transaction
Sale of ordinary shares
c)
Price(s) and volumes(s)
Price(s)
Volume(s)
£13.5834
315,000
d)
Aggregated information
Aggregated volume
315,000
Price
£13.5834
e)
Date of the transaction
22 November 2019
f)
Place of the transaction
AIMX
For further information please contact:
Dart Group PLC
Philip Meeson, Executive Chairman
Gary Brown, Group Chief Financial Officer
0113 239 7817
Cenkos Securities plc
Nominated Adviser
Katy Birkin / Azhic Basirov
020 7397 8900
Canaccord Genuity
Joint Broker
Adam James
020 7523 8000
Arden Partners
Joint Broker
Tom Price / Simon Johnson
020 7614 5900
Buchanan
Financial PR
Richard Oldworth
020 7466 5000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHBTBRTMBTTBAL
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