Impax Asset Management (LON:IPX)

Impax Asset Management (LON:IPX)


Share Price
237.60 p
Change
1.6 (0.68 %)
Market Cap
£309.87 m
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Impax Asset Management RNS Release

Director/PDMR Shareholding


RNS Number : 5514W
Impax Asset Management Group plc
17 April 2019
 

17 April 2019

Impax Asset Management Group plc

Director/PDMR Shareholding

As announced by Impax Asset Management Group plc (the "Company") on 15 March 2019 and 17 April 2019, Charlie Ridge (Chief Financial Officer of the Company) elected to participate in the Company's HMRC approved Share Incentive Plan ("SIP"). Mr Ridge elected to make a deduction from his salary of a total value of £1,800, which has been used to purchase ordinary shares of 1 pence each in the Company in the open market. In accordance with the SIP, Mr Ridge has now been allocated the matching shares corresponding with the purchase.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Charlie Ridge

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Ordinary Shares of 1p each in Impax Asset Management Group plc

 

GB0004905260

b)

Nature of the transaction

The trustee of the Company's SIP purchased 756 Shares to be allocated to Charlie Ridge for nil consideration.

 

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

nil

756

 

 

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 756

Aggregated price: nil

Total aggregated price: nil

 

 

e)

Date of the transaction

16 April 2019

f)

Place of the transaction

 

Off market transaction

 

LEI number: 213800AJDNW4S2B7E680

-ENDS-

Enquiries:

Zack Wilson

Group General Counsel and Company Secretary

Impax Asset Management Group plc

7th floor, 30 Panton Street

London SW1Y 4AJ

Tel: +44 (0) 20 3912 3000 (switchboard)

www.impaxam.com




Gay Collins/Louis Supple

Montfort Communications                                                         

Tel: + 44 (0) 7798 626282

Tel: + 44 (0) 20 3770 7914

[email protected]




Guy Wiehahn
Nominated Adviser and Broker
Peel Hunt LLP

Tel: +44 (0) 20 7418 8893

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
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