REG - Ten Lifestyle Group - Director/PDMR Shareholding January 2020
RNS Number : 7013ATen Lifestyle Group PLC23 January 202023 January 2020
Ten Lifestyle Group plc
("Ten" or the "Company")
Director/PDMR Shareholding
Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel service platform for the world's wealthy and mass affluent, announces that it received notification yesterday of the following Director transactions which took place on 22 January 2020.
Director
Position
Ordinary Shares sold
Resultant
beneficial shareholding
Resultant beneficial shareholding % of ISC
Alex Cheatle
Chief Executive Officer
700,000
11,041,684
13.69
Andrew Long
Chief Operational Officer and Chief Executive Officer (Asia)
1,000,000
3,862,249
4.79
Sarah Hornbuckle
Client Services Director
100,000
701,483*
0.87
*Includes 44,000 Ordinary Shares held by Sarah's husband, John Harrison.
This denotes the first sale of ordinary shares of 0.1p each in the Company ("Ordinary Shares") made by any Director since the Company's IPO in November 2017. As laid out in the table above, the Directors still have sizeable shareholdings in the Company and remain excited by its future prospects.
The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the sale of the Ordinary Shares.
For further information, please visit https://www.tengroup.com/ or contact:
Ten Lifestyle Group Plc
Alex Cheatle, Chief Executive Officer
Alan Donald, Chief Financial Officer
via Tavistock
+44 (0)20 7479 3427
Peel Hunt LLP, Nominated Advisor and Broker
Edward Knight
George Sellar
Nick Prowting
+44 (0) 20 7418 8900
Tavistock, Financial PR & IR
Jos Simson
Simon Hudson
Heather Armstrong
+44 (0) 20 7920 3150
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Alex Cheatle
2
Reason for the notification
a)
Position/status
Chief Executive Officer
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ten Lifestyle Group Plc
b)
LEI
213800YK94ZUOJUMN686
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 0.1p each ("Ordinary Shares")
Identification code
ISIN: GB00BF188X60
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.20
700,000
d)
Aggregated information
- Aggregated volume
700,000
- Price
£1.20
e)
Date of the transaction
22 January 2020
f)
Place of the transaction
London Stock Exchange (XLON); AIM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Andrew Long
2
Reason for the notification
a)
Position/status
Group Chief Operational Officer and Chief Executive Officer (Asia)
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ten Lifestyle Group Plc
b)
LEI
213800YK94ZUOJUMN686
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 0.1p each ("Ordinary Shares")
Identification code
ISIN: GB00BF188X60
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.20
1,000,000
d)
Aggregated information
- Aggregated volume
1,000,000
- Price
£1.20
e)
Date of the transaction
22 January 2020
f)
Place of the transaction
London Stock Exchange (XLON); AIM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Sarah Hornbuckle
2
Reason for the notification
a)
Position/status
Client Services Director
b)
Initial notification /Amendment
Initial Notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Ten Lifestyle Group Plc
b)
LEI
213800YK94ZUOJUMN686
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 0.1p each ("Ordinary Shares")
Identification code
ISIN: GB00BF188X60
b)
Nature of the transaction
Sale of Ordinary Shares
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£1.20
100,000
d)
Aggregated information
- Aggregated volume
100,000
- Price
£1.20
e)
Date of the transaction
22 January 2020
f)
Place of the transaction
London Stock Exchange (XLON); AIM
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.ENDDSHPPUQAGUPUUQW
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