Pendragon PLC (“the Company”)
Notification of Transactions by Persons Discharging Managerial Responsibilities (“PDMRs”)
The Company announces that a number of PDMRs and Persons Closely Associated (PCAs) with them acquired an aggregate of 1,861,629 shares of £0.05 pence each in the Company (Shares) in the market on 28 October 2016, at a price of £0.298570 per share.
The details of the transactions are set out below:-
| PDMR |
Director/PDMR/PCA |
Number of Shares purchased |
Share price
purchased at: |
Holding following transaction |
| Trevor Finn |
Director |
997,306 |
£0.298570 |
18,216,623 |
| Martin Casha |
Director |
664,869 |
£0.298570 |
8,794,301 |
| Wendy Egglenton |
PCA |
132,971 |
£0.298570 |
132,971 |
| Jeremy King |
Director |
66,483 |
£0.298570 |
145,030 |
This notification is made in accordance with the requirements of the EU Market Abuse Regulation (Regulation (EU) No. 596/2014).
Notification of Deal Forms of each PDMR/PCA can be found below.
| 1 |
Details of the person discharging managerial responsibilities/persons closely associated |
| a) |
Name |
Trevor Finn |
| 2 |
Reason for notification |
| a) |
Position/Status |
Chief Executive |
| b) |
Initial notification/amendment |
Initial notification |
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) |
Name |
Pendragon PLC |
| b) |
LEI |
213800VRSPZFOGMMIS18 |
| 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 and identification code |
Ordinary Shares of £0.05 each
ISIN: GB00B1JQBT10 |
| b) |
Nature of transaction |
Acquisition of Shares |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
| 29.8570 pence |
997,306 |
|
| d) |
Aggregated Information |
| Aggregate Price |
Aggregate
Volume |
Aggregate
Total |
| 29.8570 pence |
997,306 |
£297,765.65 |
|
| e) |
Date of transaction |
28 October 2016 |
| f) |
Place of transaction |
London Stock Exchange (XLON) |
|
|
|
|
| 1 |
Details of the person discharging managerial responsibilities/persons closely associated |
| a) |
Name |
Martin Casha |
| 2 |
Reason for notification |
| a) |
Position/Status |
Chief Operating Officer |
| b) |
Initial notification/amendment |
Initial notification |
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) |
Name |
Pendragon PLC |
| b) |
LEI |
213800VRSPZFOGMMIS18 |
| 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 and identification code |
Ordinary Shares of £0.05 each
ISIN: GB00B1JQBT10 |
| b) |
Nature of transaction |
Acquisition of Shares |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
| 29.8570 pence |
664,869 |
|
| d) |
Aggregated Information |
| Aggregate Price |
Aggregate
Volume |
Aggregate
Total |
| 29.8570 pence |
664,869 |
£198,509.94 |
|
| e) |
Date of transaction |
28 October 2016 |
| f) |
Place of transaction |
London Stock Exchange (XLON) |
|
|
|
|
| 1 |
Details of the person discharging managerial responsibilities/persons closely associated |
| a) |
Name |
Wendy Egglenton |
| 2 |
Reason for notification |
| a) |
Position/Status |
Person closely associated with a person discharging managerial responsibilities |
| b) |
Initial notification/amendment |
Initial notification |
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) |
Name |
Pendragon PLC |
| b) |
LEI |
213800VRSPZFOGMMIS18 |
| 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 and identification code |
Ordinary Shares of £0.05 each
ISIN: GB00B1JQBT10 |
| b) |
Nature of transaction |
Acquisition of Shares |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
| 29.8570 pence |
132,971 |
|
| d) |
Aggregated Information |
| Aggregate Price |
Aggregate
Volume |
Aggregate
Total |
| 29.8570 pence |
132,971 |
£39,701.15 |
|
| e) |
Date of transaction |
28 October 2016 |
| f) |
Place of transaction |
London Stock Exchange (XLON) |
|
|
|
|
| 1 |
Details of the person discharging managerial responsibilities/persons closely associated |
| a) |
Name |
Jeremy King |
| 2 |
Reason for notification |
| a) |
Position/Status |
Non-executive Director |
| b) |
Initial notification/amendment |
Initial notification |
| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) |
Name |
Pendragon PLC |
| b) |
LEI |
213800VRSPZFOGMMIS18 |
| 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 and identification code |
Ordinary Shares of £0.05 each
ISIN: GB00B1JQBT10 |
| b) |
Nature of transaction |
Acquisition of Shares |
| c) |
Price(s) and volume(s) |
| Price(s) |
Volume(s) |
| 29.8570 pence |
66,483 |
|
| d) |
Aggregated Information |
| Aggregate Price |
Aggregate
Volume |
Aggregate
Total |
| 29.8570 pence |
66,483 |
£19,849.83 |
|
| e) |
Date of transaction |
28 October 2016 |
| f) |
Place of transaction |
London Stock Exchange (XLON) |
|
|
|
|
HILARY C SYKES
COMPANY SECRETARY
31 OCTOBER 2016
Enquiries: Pendragon PLC Trevor Finn Tel: 01623 725114
Tim Holden
RLM Finsbury Gordon Simpson Tel: 0207 2513801
-ENDS-