Quarto Group Inc - Director/PDMR Shareholding

Quarto

08/09/2020 17:02

RNS Number : 3895Y

Quarto Group Inc

08 September 2020

 

The Quarto Group Inc

(the 'Company')

Director/PDMR Shareholding

In accordance with EU Market Abuse Regulation, Quarto (LSE: QRT) announces that 1010 Printing Limited, a company incorporated in Hong Kong under registration number 1419686, and a company closely associated with Chuk Kin Lau, Group Chief Executive Officer of the Company acquired 400,000 shares of common stock of US$0.10 each ("Shares") as detailed below.

Following this transaction, 1010 Printing Limited holds 13,315,083 Shares representing 32.56% of the Company's issued share capital.  Chuk Kin Lau holds 3,359,486 Shares representing 8.22% of the Company's issued share capital.  The aggregate holding for the two associated parties is 16,674,569 Shares which represents 40.78% of the Company's issued share capital.

 

NOTIFICATION FORM FOR

SHARE TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED TO THEM

1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
1010 Printing Limited
2.
Reason for the notification
(a)
Position/status
Person closely associated with a PDMR
(b)
Initial notification / Amendment
Initial Notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
(a)
Name
The Quarto Group Inc
(b)
LEI
549300BJ2WPX3QUATW58
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
Shares of Common Stock of Par Value US$0.10 each ("Shares")
US74772E1001
(b)
Nature of the transaction
Acquisition of Shares
(c)
Price(s) and volume(s)
Price(s)
Volume(s)
100 pence per Share
400,000
(d)
Aggregated information
- Aggregated volume
- Price
N/A
(e)
Date of the transaction
2020-09-04
(f)
Place of the transaction
Outside a trading venue


 

The Legal Identifier of the Company is 549300BJ2WPX3QUATW58.

 

For further information, please contact:

The Quarto Group, Inc.           

Michael Clarke, Company Secretary       +44 20 7700 6700

 

About The Quarto Group

The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products, with a mission to inspire life's experiences. Produced in many formats for adults, children and the whole family, our products are visually appealing, information rich and stimulating.

The Group encompasses a diverse portfolio of imprints and businesses that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells and distributes its products globally in over 50 countries and 40 languages, through a variety of sales channels, partnerships and routes to market.

Quarto employs c.330 talented people in the US and the UK. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.

For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.

 

 

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