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Belvoir Group PLC - Exercise of Options, Director/PDMR Dealing & TVR

RNS Number : 9294L
Belvoir Group PLC
15 January 2021
 

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 David Spackman, a PDMR, and one other group employee have each exercised options over 30,612 ordinary shares of 1 pence each in the capital of the Company, respectively ("Ordinary Shares"). The options are held under the terms of the Company's EMI share option scheme and have all been exercised at a price of 98 pence per Ordinary Share.

Following this exercise Mr Spackman has sold 30,612 Ordinary Shares. Following the above transactions Mr Spackman's holding remains unchanged at 66,875 Ordinary Shares, representing approximately 0.19 per cent of the Company's total issued share capital.

Application will be made for the 61,224 new Ordinary Shares to be admitted to trading on AIM, which is expected to occur on 22 January 2021 ("Admission").  Following Admission, the Company's total issued share capital will consist of 35,213,841 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 will be 35,213,841. 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

David Spackman

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

Identification Code

 Ordinary Shares of 1p each

 

ISIN: GB00B4QY1P51

b.

Nature of the transaction

Acquisition of Ordinary Shares following the Exercise of Share Options and Sale of Ordinary Shares

c.

Price(s) and volume(s)







Price(s)

Volume(s)


98p

30,612

Purchase


165p

30,612

 

Sale


d.

Aggregated information

Aggregated Purchase Volume

Aggregated Purchase Price

Aggregated Sale Volume

Aggregated Sale Price

 

30,612

98p

 

30,612

165p

 

e.

Date of the transaction

15 January 2021

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 (ECM)

www.finncap.com

 

+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 over 68,550 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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