RNS Number : 5186R
Aston Martin Lagonda Global Hld PLC
30 June 2020
30 June 2020
Aston Martin Lagonda Global Holdings plc
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
Aston Martin Lagonda Global Holdings plc (the "Company") announces the following transactions by a Director, PDMR and/or person closely associated with them notified to the Company following the Company's placing.
Enquiries
Investors and Analysts
Charlotte Cowley Director of Investor Relations +44 (0)7771 976764
[email protected]
Media
Kevin Watters Director of Communications +44 (0)7764 386683
[email protected]
Toby Bates Senior Adviser, Financial Communications +44 (0)7584 773837
t[email protected]
Grace Barnie Corporate Communication Manager +44 (0)7880 903490
[email protected]
Tulchan Communications
Harry Cameron and Simon Pilkington +44 (0)20 73534200
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
1.
|
Details of PDMR / person closely associated with them ("PCA")
|
a)
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Name
|
Yew Tree Overseas Limited ("Yew Tree"), a company incorporated in the British Virgin Islands.
|
b)
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Position / status
|
The notification concerns a PCA of Lawrence Stroll, Executive Chairman of the Company.
|
c)
|
Initial notification / amendment
|
Initial notification.
|
2.
|
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
|
Ordinary shares of £0.009039687 each in the capital of the Company.
|
b)
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Nature of the transaction
|
On 26 June 2020, Yew Tree gave an irrevocable undertaking to subscribe for shares in the placing of the Company announced on 26 June 2020 (the "Placing").
On 29 June 2020, Yew Tree agreed to syndicate some of the shares for which it has agreed to subscribe under the Placing to other members of the consortium of shareholders in the Company led by Yew Tree. This syndication is further described in the announcement of the Placing published by the Company on 26 June 2020.
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0.50 per share
|
Acquisition: 75,999,277
|
£0.50 per share
|
Disposal: 4,000,000
|
£0.50 per share
|
Disposal: 2,898,522
|
£0.50 per share
|
Disposal: 869,556
|
£0.50 per share
|
Disposal: 1,159,408
|
£0.50 per share
|
Disposal: 14,000,000
|
£0.50 per share
|
Disposal: 2,898,522
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Aggregate acquisition: 75,999,277 ordinary shares for £37,999,638.50.
Aggregate disposal: 25,826,008 ordinary shares for £12,913,004.00.
|
e)
|
Date of the transaction
|
2020-06-26 (GMT) and 2020-06-29 (GMT)
|
f)
|
Place of the transaction
|
London
|
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
1.
|
Details of PDMR / person closely associated with them ("PCA")
|
a)
|
Name
|
Saint James Invest SA ("Saint James"), a société anonyme incorporated in Switzerland.
|
b)
|
Position / status
|
The notification concerns a PCA of Michael de Picciotto, representative non-executive director of the Yew Tree Consortium on the board of the Company.
|
c)
|
Initial notification / amendment
|
Initial notification.
|
2.
|
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
|
Ordinary shares of £0.009039687 each in the capital of the Company.
|
b)
|
Nature of the transaction
|
On 29 June 2020, Saint James agreed to acquire 4,000,000 ordinary shares in the capital of the Company from Yew Tree Overseas Limited as part of a syndication which is conditional on completion of the placing of the Company announced on 26 June 2020 (the "Placing"). The syndication of which this transaction forms part is further described in the announcement of the Placing published by the Company on 26 June 2020.
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
£0.50 per share
|
Acquisition: 4,000,000
|
|
|
|
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
Aggregate acquisition: 4,000,000 ordinary shares for £2,000,000.00.
|
e)
|
Date of the transaction
|
2020-06-29 (GMT)
|
f)
|
Place of the transaction
|
London
|
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