07:00 Thu 08 Feb 2018
Belvoir Lettings PLC - Notification of Transactions of PDMR
The information communicated within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
BELVOIR!
(the "Company", the "Group" or "Belvoir")
Notification of Transactions of Persons Discharging Managerial Responsibilities
The award will be subject to the combined EBITDA performance of
The maximum award is stated below:
subject to award
Mark Newton Director 144,000
Immediately prior to this award the Company's issued share capital was 34,938,606 ordinary shares and there were outstanding options of 2,172,440.
Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.
Notification of a Transaction pursuant to Article 19(1) of Regulation (EU) No. 596/2014 |
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a. |
Name |
Mark Newton
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2 |
Reason for notification |
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a. |
Position/Status |
Director
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b. |
Initial notification/ Amendment |
Initial Notification Initial Notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a. |
Name |
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b. |
LEI |
N/A |
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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 |
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a. |
Description of the financial instrument, type of instrument |
Ordinary Shares of
ISIN: GB00B4QY1P51
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b. |
Nature of the transaction |
Grant of nil cost options
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c. |
Price(s) and volume(s) |
Over Company's shares
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Price |
Volume 144,000 |
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d. |
Aggregated information - Aggregated Volume
- Price |
n/a
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e. |
Date of the transaction |
08 February 2018
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f. |
Place of the transaction |
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For further details:
Dorian Gonsalves, Chief Executive Officer Louise George, Chief Financial Officer
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01476 584900 |
Cantor Fitzgerald Europe Rick Thompson, Phil Davies, William Goode
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020 7894 7000
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Buchanan Charles Ryland, Victoria Hayns, Madeleine Seacombe |
0207 466 5000 |
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About
Founded in 1995 and listed on AIM in 2012 (BLV.L), Belvoir operates a nationwide property franchise group with over 300 offices across four brands offering a range of specialist services in property rental, property management, residential lettings, buy to let and property sales. With its Central Office in Grantham, Lincolnshire, the Group manages 56,000 properties and reported revenue of
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