Quarto Group Inc - Director/PDMR Shareholding

Quarto

13/10/2020 16:09

RNS Number : 9668B

Quarto Group Inc

13 October 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 Mr Chuk Kin Lau, a director of the Company, has acquired 1,679,743 shares of common stock of US$0.10 each ("Shares"), as detailed below.

 

1010 Printing Limited acquired the Shares from Mr Lau and therefore, following this transaction, the aggregate holding for the two associated parties is unchanged at 16,674,569 Shares which represents 40.78% of the Company's issued share capital.  Mr Lau now holds 1,679,743 Shares (4.11%) and 1010 Printing Limited now holds 14,994,826 Shares (36.67%).

 

 

NOTIFICATION FORMS 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)
54.5 pence per Share
1,679,743
(d)
Aggregated information
- Aggregated volume
- Price
N/A
(e)
Date of the transaction
2020-10-09
(f)
Place of the transaction
Outside a trading venue


 

 

1.
Details of the person discharging managerial responsibilities/person closely associated
(a)
Name
Chuk Kin Lau
2.
Reason for the notification
(a)
Position/status
Director / 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
Sale of Shares
(c)
Price(s) and volume(s)
Price(s)
Volume(s)
54.5 pence per Share
1,679,743
(d)
Aggregated information
- Aggregated volume
- Price
N/A
(e)
Date of the transaction
2020-10-09
(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.

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

 
  END

 

 
DSHKKNBKPBDDOKD