Quarto Group Inc - Director/PDMR Shareholding
RNS Number : 6990O
Quarto Group Inc
11 October 2021
The Quarto Group Inc
(the 'Company')
Director/PDMR Shareholding
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 is unchanged at 16,859,569 Shares which represents 41.23% of the Company's issued share capital. As a result of this transaction, Mr Lau will no longer hold any Shares.
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) |
| 90 pence per Share | 1,679,743 | ||
| (d) | Aggregated information - Aggregated volume - Price | Volume: 1,679,743 Price: 90 pence | |
| (e) | Date of the transaction | 2021-10-11 | |
| (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) |
| 90 pence per Share | 1,679,743 | ||
| (d) | Aggregated information - Aggregated volume - Price | Volume: 1,679,743 Price: 90 pence | |
| (e) | Date of the transaction | 2021-10-11 | |
| (f) | Place of the transaction | Outside a trading venue | |