REG - Record PLC - Director/PDMR Shareholding

RecordAnnouncement

07/03/2022 08:45

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RNS Number : 8350D  Record PLC  07 March 2022

7 March 2022

 

Record plc ('Record' or the 'Company')

 

Record plc PDMR / PCA Shareholding

 

Record plc ("Record"), the specialist currency and derivatives manager, today
announces the transfer of shares on 4 March 2022 by way of gift from Neil
Record to the Record Charitable Trust.

Neil Record, Chairman of Record, commented:

"I am in the process of setting up a scholarship fund which I will Chair and
an external investment adviser will manage, for academically able students to
win scholarships to selective secondary schools.  The purpose of the fund is
to help close the funding gap for able children whose parents are unable to
afford private school fees, a cause close to my heart as a beneficiary myself
of the direct grant school system as a child.

I am therefore embarking on a funding programme for this educational fund,
utilising Record plc shares which I currently hold in my own
name.  Consequently, two million shares have been gifted to the Record
Charitable Trust.  Over the longer-term, the Trust will sell these shares in
a series of orderly tranches in consultation with Record plc's Corporate
Broker, to provide the funds for scholarships, and to diversify its holdings."

 

Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated (PCA) in accordance
with the Market Abuse Regulation

The following disclosure is made in accordance with Article 19 of the UK
version of the EU Market Abuse Regulation 596/2014 which has effect in English
law by virtue of the European Union (Withdrawal) Act 2018:

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         NEIL RECORD

 2    Reason for the notification
 a)   Position/status                                              CHAIRMAN

 b)   Initial notification /Amendment                              INITIAL NOTIFICATION

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         RECORD PLC

 b)   LEI                                                          5493000VJ55ZTYGX4322

 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 0.025 PENCE PER SHARE

      Identification code

                                                                   GB00B28ZPS36

 b)   Nature of the transaction                                    TRANSFER BY WAY OF GIFT TO CHARITABLE TRUST

 c)   Price(s) and volume(s)                                       Prices(s)                    Volume(s)

      nil                                                                                       2,000,000

 d)   Aggregated information

      - Aggregated volume                                          N/A single transaction

      - Price

 e)   Date of the transaction                                      4 MARCH 2022

 f)   Place of the transaction                                     LONDON STOCK EXCHANGE MAIN MARKET (XLON)

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         The Record Charitable Trust

 2    Reason for the notification
 a)   Position/status                                              PCA with Neil Record, Chairman, Record plc

 b)   Initial notification /Amendment                              INITIAL NOTIFICATION

 3    Details of the issuer, emission allowance market participant, auction
      platform, auctioneer or auction monitor
 a)   Name                                                         RECORD PLC

 b)   LEI                                                          5493000VJ55ZTYGX4322

 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 0.025 PENCE PER SHARE

      Identification code

                                                                   GB00B28ZPS36

 b)   Nature of the transaction                                    Receipt of charitable donation by way of a gift of Ordinary Shares

 c)   Price(s) and volume(s)                                       Prices(s)                           Volume(s)

      nil                                                                                              2,000,000

 d)   Aggregated information

      - Aggregated volume                                          N/A single transaction

      - Price

 e)   Date of the transaction                                      4 MARCH 2022

 f)   Place of the transaction                                     LONDON STOCK EXCHANGE MAIN MARKET (XLON)

 

 

 

For any queries related to this notification please contact: Kevin Ayles,
Company Secretary on 01753 852222.

 

 

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