REG - John Lewis Of Hunger - Director/PDMR Shareholding

John Lewis of HungerfordAnnouncement

13/05/2019 14:55

RNS Number : 8560Y
John Lewis Of Hungerford PLC
13 May 2019
 


13 May 2019
 
John Lewis of Hungerford plc
(the "Company")
 
Director/PDMR Shareholding
 
John Lewis of Hungerford Plc (AIM: JLH), the specialist manufacturer and retailer of kitchens, bedrooms and freestanding furniture, announces that on 10 May 2019, the CEPACS Pension Scheme of which Gary O'Brien, Non-executive Chairman is a trustee and beneficiary, purchased 5,382,315 ordinary shares of 0.1p each ("Ordinary Shares") from the JLH plc Employee Benefit Trust ("EBT") at a price of 0.55 pence per Ordinary Share. Following this transaction, Gary O'Brien beneficially holds 5,382,315 Ordinary Shares in the Company representing 2.89 per cent. of the issued share capital.
 
The EBT was established in December 2007, for the purpose of providing share-based incentive awards to Directors, management and employees. All awards under the Company's former Employee Incentive Plan have now lapsed. Following the transaction, the EBT does not hold any Ordinary Shares. It is the intention of the Board to terminate the EBT as soon as practicable thereby eliminating the administration cost of the EBT to the Company.
 
The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.
 
Enquiries:
 



John Lewis of Hungerford plc
Gary O'Brien - Chairman
Kiran Noonan, Managing Director


01235 774300














Cenkos Securities plc
Katy Birkin
Azhic Basirov


0207 397 8900



 
 
 
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


CEPACS Pension Scheme
 




2


Reason for the notification
 




a)


Position/status


Notification concerns a PCA, being a legal person the managerial responsibilities of which are discharged by Gary O'Brien, a PDMR (Non-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


John Lewis of Hungerford plc
 




b)


LEI


254900N2MR89E8ZEO985
 




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 0.1p each








Identification code


GB0004773148
 




b)


Nature of the transaction


Purchase of Ordinary Shares from the JLH plc Employee Benefit Trust
 




c)


Price(s) and volumes(s)


Price(s)


Volume(s)
 




£0.0055


5,382,315
 




d)


Aggregated information


N/A (single transaction)
 








Aggregated volume


N/A (single transaction)
 








Price


N/A (single transaction)
 




e)


Date of the transaction


10 May 2019
 




f)


Place of the transaction


XOFF
 



 
 




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