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River Global PLC River Global - RVRB - Director/PDMR Shareholding

RNS Number : 9572A

River Global PLC

17 March 2025

 

17 March 2025

 

LEI: 213800LFMHKVNTZ7GV45

 

River Global PLC ("River Global" or the "Company")

 

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND OF PERSONS CLOSELY ASSOCIATED ("PCA")

 

The Company announces that it has received notification that, following a share reorganisation of Ordinary Shares into A Ordinary Shares and B Shares and a recent purchase of B Shares as noted below, North Atlantic Smaller Companies Investment Trust PLC, Oryx International Growth Fund Limited and Harwood Capital LLP, PCA's to Christopher Mills, a Director of the Company, are collectively interested in 26,964,500 A Ordinary and 29,764,500 B shares in the Company ("Shares") on 7 March 2025.

On 12 March 2025, North Atlantic Smaller Companies Investment Trust PLC, PCA to Christopher Mills, purchased 2,300,000 B Shares in the Company at a price of 32.81 pence per share which are included in the figures above.

 

The following table highlights the current holdings by PCA's of Christopher Mills following the reorganisation and additional share purchased by North Atlantic Smaller Companies Investment Trust PLC.

 

 

PDMRPDMR/PCANumber of Shares held
Christopher MillsNorth Atlantic Smaller Companies Investment Trust PLC (PCA to Christopher Mills)20,000,000 A Ordinary Shares
22,800,000 B Shares
Christopher MillsHarwood Capital LLP (PCA to Christopher Mills)114,500 A Ordinary Shares
114,500 B Shares
Christopher MillsOryx International Growth Fund Limited (PCA to Christopher Mills)6,000,000 A Ordinary Shares
6,000,000 B Shares
Christopher MillsEveswise Pension Trustees850,000 A Ordinary Shares
850,000 B Shares
  Following the Company's recent share reorganisation, Christopher Mills and PCA's have an interest of 26,964,500 A Ordinary Shares, representing 18.06% of the issued A Ordinary Shares in the Company and 29,764,500 B Shares, representing 19.94% of the issued B shares in the Company.   Formal notification in respect of the PDMR and the PCA are set out below in accordance with the requirements of the Market Abuse Regulation.   For further information, please contact:  
River Global PLC
Gary Marshall, CFOO
Martin Gilbert, Chairman
Tel: +44 (0) 7788 338157
Deutsche Numis
Nominated adviser and joint broker
Giles Rolls / Charles Farquhar
Tel: +44 (0) 20 7260 1000
Panmure Liberum Limited
Joint broker
Atholl Tweedie
Tel: +44 (0) 20 7886 2500
H/Advisors
Neil Bennett
Rachel Cohen
Tel: +44 (0) 20 7379 55151
For further details, visit the website, www.river.global      
1Details of the person discharging managerial responsibilities / person closely associated
a)NameNorth Atlantic Smaller Companies Investment Trust Plc, PCA to Christopher Mills
2Reason for the notification
a)Position/statusPCA to PDMR
b)Initial notification /AmendmentInitial notification
3Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)NameRiver Global PLC
b)LEI213800LFMHKVNTZ7GV45
4Details 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 instrumentB shares of £0.005 each
Identification codeB shares GB00BTDR2S27
b)Nature of the transactionShares awarded through Company share reorganisation
Purchase of Shares
c)Price(s) and volume(s)
Price(s)Volume(s)
£0.32812,300,000 (B Shares)
d)Aggregated information
- Aggregated volume£0.3281
- Price£754,674
e)Date of the transaction12 March 2025
f)Place of the transactionLondon Stock Exchange
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