REG - Mission Group PLC - Director Dealing

MissionAnnouncement

20/04/2022 09:15

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RNS Number : 7320I  Mission Group PLC (The)  20 April 2022

 

 

 

 

The Mission Group plc

("MISSION" "The Company" or "The Group")

 

Director Dealing

 

 

MISSION (AIM:TMG), the alternative group for ambitious brands, announces that
as part of his annual remuneration package, James Clifton, Group Chief
Executive, has been issued ordinary shares of 10 pence each ("Ordinary
Shares") in the Company to the value of £30,000 ("Remuneration Shares").

 

The Remuneration Shares were issued at a price of 65.4p per share, being the
daily average closing price for the Company's shares for the five days
preceding 9 April 2022, the anniversary of his appointment as Group Chief
Executive, resulting in a total of 45,872 Ordinary Shares.

 

The Remuneration Shares give rise to PAYE and NI liabilities and, as such, Mr
Clifton has elected to receive such number of Remuneration Shares net-of-tax,
being 23,739 Ordinary Shares.

 

These Remuneration Shares were transferred to Mr Clifton from The Mission
Group Employee Benefit Trust ("EBT") on 19 April 2022.

 

Following the transfer of the Remuneration Shares, net-of-tax, from the EBT to
Mr Clifton, Mr Clifton is interested in 555,834 Ordinary Shares, equal to
approximately 0.6% of the issued share capital of the Company.

 

Following the transfer of shares from the EBT to Mr Clifton, a total of
667,601 Ordinary Shares, representing 0.7% of the Company's total voting
rights, are held in the EBT.

 

This announcement contains inside information for the purposes of Article 7 of
Regulation (EU) No 596/2014. The notification below provides further detail.

 

ENQUIRIES:

 James Clifton, Chief Executive Officer

 Giles Lee, Chief Financial Officer

 The MISSION Group plc                            020 7462 1415

 Mark Percy / James Thomas / Fiona Conroy         020 7408 4090

 Shore Capital (Nomad and Broker)

 Kate Hoare / Laura Stewart                       0204 529 0549

 HOUSTON (Financial PR and Investor Relations)

 

NOTES TO EDITORS

 

MISSION is a collective of Creative and MarTech Agencies led by entrepreneurs
who encourage an independent spirit. Employing 1,000 people across 29
locations and 3 continents, the Group successfully combines its diverse
expertise to produce Work That Counts for our Clients, whatever their
ambitions. Creating real standout, sharing real innovation and delivering real
business growth for some of the world's biggest brands. www.themission.co.uk
(https://eur03.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.themission.co.uk%2F&data=04%7C01%7C%7C2e2f37c792c7415afaad08d947a9c473%7Cb7e4783d67604ed5b0c156d405b9349b%7C0%7C1%7C637619616734507818%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C2000&sdata=5duO%2FyhgYrmP5I17h1eW4mAaM4%2BhySTEObFl5Dz5R%2Fs%3D&reserved=0)

 

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name

James Clifton

 
 2    Reason for the notification

 a)   Position/status

James Clifton   Chief Executive Officer

 
 b)   Initial notification /Amendment                              20 April 2022

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         The Mission Group plc

 b)   LEI                                                          213800L567CF3Z6GPZ03

 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 10 pence each

      Identification code

                                                                   GB00B11FD453
 b)   Nature of the transaction                                    Shares issued as part of remuneration package

 c)   Price(s) and volume(s)                                       23,739 Ordinary Shares

                                                                   65.4p per share

 d)   Aggregated information

      - Aggregated volume                                          23,739

      - Price                                                      65.4p

 e)   Date of the transaction                                      19 April 2022

 f)   Place of the transaction                                     Off-market

 

2

 

Reason for the notification

a)

 

Position/status

 

 

 James Clifton   Chief Executive Officer

 

b)

 

Initial notification /Amendment

 

20 April 2022

3

 

Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor

 

a)

 

Name

 

The Mission Group plc

b)

 

LEI

 

213800L567CF3Z6GPZ03

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 10 pence each

 

 

GB00B11FD453

b)

 

Nature of the transaction

 

 

Shares issued as part of remuneration package

c)

 

Price(s) and volume(s)

 

 

23,739 Ordinary Shares

65.4p per share

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

- Price

 

 

 

 

 

23,739

 

65.4p

e)

 

Date of the transaction

 

 

19 April 2022

f)

 

Place of the transaction

 

 

Off-market

 

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