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.
Details of PDMR / person closely associated with them ('PCA')
Reason for the notification
Position / status
Chief Financial Officer
Initial notification / amendment
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
Impax Asset Management Group plc
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
Description of the financial instrument, type of financial instrument
Ordinary Shares of 1p each in Impax Asset Management Group plc
Nature of the transaction
The trustee of the Company's SIP purchased 756 Shares to be allocated to Charlie Ridge for nil consideration.
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.
Create your account: sign up and get ahead on news and events
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
John Keefe, President and CEO of Pax World Funds and President of its investment adviser, Impax Asset Management Group PLC (LON:IPX) tells Proactive Investors that millennials want their money invested in more ESG (environmental social governance) focused firms.
Keefe says this fundamental...