John Lewis Of Hungerford PLC Director/PDMR Shareholding (8560Y)
13 Maggio 2019 - 03:52PM
UK Regulatory
TIDMJLH
RNS Number : 8560Y
John Lewis Of Hungerford PLC
13 May 2019
13 May 2019
John Lewis of Hungerford plc
(the "Company")
Director/PDMR Shareholding
John Lewis of Hungerford Plc (AIM: JLH), the specialist
manufacturer and retailer of kitchens, bedrooms and freestanding
furniture, announces that on 10 May 2019, the CEPACS Pension Scheme
of which Gary O'Brien, Non-executive Chairman is a trustee and
beneficiary, purchased 5,382,315 ordinary shares of 0.1p each
("Ordinary Shares") from the JLH plc Employee Benefit Trust ("EBT")
at a price of 0.55 pence per Ordinary Share. Following this
transaction, Gary O'Brien beneficially holds 5,382,315 Ordinary
Shares in the Company representing 2.89 per cent. of the issued
share capital.
The EBT was established in December 2007, for the purpose of
providing share-based incentive awards to Directors, management and
employees. All awards under the Company's former Employee Incentive
Plan have now lapsed. Following the transaction, the EBT does not
hold any Ordinary Shares. It is the intention of the Board to
terminate the EBT as soon as practicable thereby eliminating the
administration cost of the EBT to the Company.
The notification below, made in accordance with the requirements
of the Market Abuse Regulation, provides further detail.
Enquiries:
John Lewis of Hungerford plc
Gary O'Brien - Chairman
Kiran Noonan, Managing Director 01235 774300
Cenkos Securities plc
Katy Birkin
Azhic Basirov 0207 397 8900
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name CEPACS Pension Scheme
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2 Reason for the notification
----------------------------------------------------------------------------------
a) Position/status Notification concerns a PCA,
being a legal person the managerial
responsibilities of which are
discharged by Gary O'Brien,
a PDMR (Non-Executive Chairman)
---------------------------------------- ----------------------------------------
b) Initial notification/Amendment Initial Notification
---------------------------------------- ----------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------------
a) Name John Lewis of Hungerford plc
---------------------------------------- ----------------------------------------
b) LEI 254900N2MR89E8ZEO985
---------------------------------------- ----------------------------------------
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 Ordinary shares of 0.1p each
instrument, type of instrument
---------------------------------------- ----------------------------------------
Identification code GB0004773148
---------------------------------------- ----------------------------------------
b) Nature of the transaction Purchase of Ordinary Shares
from the JLH plc Employee Benefit
Trust
---------------------------------------- ----------------------------------------
c) Price(s) and volumes(s) Price(s) Volume(s)
---------------------------------------- --------------------- -----------------
GBP0.0055 5,382,315
------------------------------------------------------------------- -----------------
d) Aggregated information N/A (single transaction)
---------------------------------------- ----------------------------------------
Aggregated volume N/A (single transaction)
---------------------------------------- ---------------------------------------------
Price N/A (single transaction)
---------------------------------------- ---------------------------------------------
e) Date of the transaction 10 May 2019
---------------------------------------- ----------------------------------------
f) Place of the transaction XOFF
---------------------------------------- ----------------------------------------
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 rns@lseg.com or visit www.rns.com.
END
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May 13, 2019 09:52 ET (13:52 GMT)
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