TIDMANX

RNS Number : 4906T

Anexo Group PLC

14 November 2019

 
 For immediate release   14 November 2019 
 

Anexo Group plc

('Anexo' or the 'Group')

Director/PDMR Shareholding

Anexo Group plc (AIM: ANX), the specialist integrated credit hire and legal services provider, announces that 1,000,000 ordinary shares of 0.05 pence each in the Company representing approximately 1.1% of the issued share capital have been sold on behalf of Alan Sellers (Executive Chairman) to institutional shareholders.

The resultant shareholding is shown in the table below.

 
 Shareholder name    Shares held   Percentage 
                                            % 
 Alan Sellers         37,675,004         34.3 
 

The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.

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                             Alan Sellers 
     --------------------------  ------------------------------------ 
 2    Reason for the notification 
     ---------------------------------------------------------------- 
 a)   Position/status                  Executive Chairman 
     --------------------------  ------------------------------------ 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------- 
 a)   Name                        Anexo Group plc 
     --------------------------  ------------------------------------ 
 b)   LEI                         213800CJHD5C8M4MEY87 
     --------------------------  ------------------------------------ 
 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                 Ordinary Shares of 0.05p each 
       of the financial 
       instrument, 
       type of instrument          ISIN: GB00BF2G3L29 
       Identification 
       code 
     --------------------------  ------------------------------------ 
 b)   Nature of                   Sale of ordinary shares 
       the transaction 
     --------------------------  ------------------------------------ 
 c)   Price(s) and                  Price       No. of shares 
       volume(s)                          170p   1,000,000 
                                                -------------- 
     --------------------------  ------------------------------------ 
 d)   Aggregated 
       information                  Volume: 1,000,000 
       - Aggregated                 Weighted average price: 170p 
       volume 
       - Price 
     --------------------------  ------------------------------------ 
 e)   Date of the                 14 November 2019 
       transaction 
     --------------------------  ------------------------------------ 
 f)   Place of the                London Stock Exchange, AIM 
       transaction 
     --------------------------  ------------------------------------ 
 

- Ends -

For further enquiries:

 
 Anexo Group plc                                +44 (0) 151 227 3008 
                                                 www.anexo-group.com 
 Alan Sellers, Executive Chairman 
  Mark Bringloe, Chief Financial Officer 
  Nick Dashwood Brown, Head of Investor 
  Relations 
  Arden Partners plc 
   (Nominated Adviser and Broker) 
 John Llewellyn-Lloyd / Benjamin Cryer          +44 (0) 20 7614 5900 
  (Corporate)                               www.arden-partners.co.uk 
  Fraser Marshall (Equity sales) 
  Buchanan 
   (Financial Communications) 
 Henry Harrison-Topham / Steph Watson           +44 (0) 20 7466 5000 
                                               Anexo@buchanan.uk.com 
 

Notes to Editors:

Anexo is a specialist integrated credit hire and legal services provider. The Group has created a unique business model by combining a direct capture Credit Hire business with a wholly owned Legal Services firm. The integrated business targets the impecunious not at fault motorist, referring to those who do not have the financial means or access to a replacement vehicle.

Through its dedicated Credit Hire sales team and network of 1,100 plus active referrers around the UK, Anexo provides customers with an end-to-end service including the provision of Credit Hire vehicles, assistance with repair and recovery, and claims management services. The Group's Legal Services division, Bond Turner, provides the legal support to maximise the recovery of costs through settlement or court action as well as the processing of any associated personal injury claim.

The Group was admitted to trading on AIM in June 2018 with the ticker ANX.

For additional information please visit: www.anexo-group.com

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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November 14, 2019 12:07 ET (17:07 GMT)

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