Exercise of Options, Director/PDMR Dealing & TVR
Updated : 14:36
BELVOIR GROUP PLC
(the "Company", the "Group" or "Belvoir")
Exercise of Options
PDMR Dealing
and
Total Voting Rights
Belvoir Group plc (AIM: BLV), the UK's largest property franchise, announces that Ian Maclean, a PDMR, has exercised options over 20,000 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") held under the terms of the Company's EMI share option scheme at a price of 116 pence per Ordinary Share and sold all of the resulting shares.
Application has been made for the 20,000 Ordinary Shares arising as a result of the above to be admitted to trading on AIM which is expected to occur on 17 September 2020. Following this issue the Company's total issued share capital consists of 35,122,005 Ordinary Shares with one voting right per share. The Company does not hold any Ordinary Shares in Treasury. Therefore the total number of voting rights in the Company is 35,122,005. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 | ||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a. | Name | Ian Maclean | ||||||
2 | Reason for notification |
| ||||||
a. | Position/Status | PDMR | ||||||
b. | Initial notification/ Amendment | Initial Notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a. | Name | Belvoir Group PLC | ||||||
b. | LEI | 213800FPT3JTZYB3FP61 | ||||||
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 1p each
ISIN: GB00B4QY1P51 | ||||||
b. | Nature of the transaction | Exercise of share options and sale of resulting shares | ||||||
c. | Price(s) and volume(s) | |||||||
Price(s) | Volume(s) | |||||||
116p | 20,000 | Option exercise | ||||||
158.3552p | 20,000
| Sale | ||||||
d. | Aggregated information | As above | ||||||
e. | Date of the transaction | Option Exercise 10 September 2020 Sale 11 September 2020 | ||||||
f. | Place of the transaction | London Stock Exchange | ||||||
For further details:
Belvoir Group PLC Dorian Gonsalves, Chief Executive Officer Louise George, Chief Financial Officer www.belvoirgroup.com
| 01476 584900 investorrelations@belvoirgroup.com | |
finnCap Julian Blunt, Teddy Whiley (Corporate Finance) Tim Redfern, Manasa Patil (ECM)
| +44 (0) 20 7220 0500 | |
Buchanan Charles Ryland, Kim Looringh-van Beeck & Tilly Abraham
| +44 (0) 20 7466 5000 | |
Notes:
About Belvoir Group PLC
Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with 396 offices across five brands specialising in residential lettings, property management, residential sales and property-related financial services. With its Central Office in Grantham, Lincolnshire, the Group manages around 69,000 properties and reported record revenues of £19.3m in 2019 making Belvoir the largest property franchise group in the UK.
For further information, please visit: www.belvoirgroup.com
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