REG - RBG Holdings PLC - Director/PDMR Shareholding

RBG HoldingsAnnouncement

29/11/2019 07:25

RNS Number : 1194V
RBG Holdings PLC
29 November 2019
 






Director/PDMR Shareholding
 
RBG Holdings Plc ("Rosenblatt" or the "Company") announces that on 29 November 2019, Ian Rosenblatt, who is a significant shareholder of the company, has pledged 16,911,214 ordinary shares in the Company as collateral against a personal bank loan of £6m to fund personal tax liabilities.



Stifel Nicholas Europe Limited, the Company's NOMAD and Sole Broker, has waived Mr. Rosenblatt's IPO lock-in arrangement for this pledge. The lock-in agreement agreed at IPO continues to remain in force.



Following the pledge, Mr. Rosenblatt's beneficial interest in the company remains unchanged and he continues to be the beneficial owner of 16,911,214 Ordinary Shares, comprising 21.1% of the Company's issued share capital.
 
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:






 1 


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Ian Rosenblatt




2


Reason for the notification 




a)


Position/status 


PDMR




b)


Initial notification /Amendment 


Initial notification




3


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




a)


Name 


RBG Holdings Plc




b)


LEI  


213800MJ031M84UMFL64




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 with a nominal value of £0.002 each
ISIN - GB00BFM6WL52
AIM Ticker - RBGP
 




b)


Nature of the transaction 


The pledge of 16,911,214  ordinary shares as security against a personal bank loan of £6m




c)


Price(s) and volume(s)
 


Price: n/a

Volume: n/a




d)
 


Aggregated information 


N/A




e)


Date of the transaction 


29th November 2019




f)


Place of the transaction 


London Stock Exchange, AIM Market



 
 




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