TIDMRIV

RNS Number : 5500X

River and Mercantile Group PLC

19 December 2019

19 December 2019

LEI: 2138005C7REHURGWHW31

River and Mercantile Group PLC ("the Company")

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")

The Company announces that Kevin Hayes, Chief Financial Officer (a PDMR), sold 200,000 ordinary shares of 0.003 pence each ("Ordinary Shares") at a price of 253p on 16 December 2019 and further sold 150,000 Ordinary Shares at a price of 254p on 17 December 2019.

Following this notification, Kevin Hayes holds 438,705 Ordinary Shares representing approximately 0.51% of the total shareholding in the Company.

Following these trades, on 18 December 2019 Kevin Hayes transferred 67,000 Ordinary Shares to his Self-Invested Personal Pension ("SIPP"). This transfer to his SIPP resulted in no change in the beneficial ownership by Mr Hayes of the Ordinary Shares of the Company.

Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.

For further information please contact:

River and Mercantile Group PLC +44 (0)20 3327 5100

Sally Buckmaster, Senior Counsel and Group Company Secretary

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Kevin Hayes 
      ---------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                          PDMR 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                     River and Mercantile Group PLC 
      ---------------------------------------  --------------------------------------- 
 b)    LEI                                      2138005C7REHURGWHW31 
      ---------------------------------------  --------------------------------------- 
 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                       Ordinary shares of GBP0.003 pence 
        financial instrument,                    each 
        type of instrument 
 
       Identification code                      GB00BLZH7X42 
 
 b)    Nature of the transaction                Sale of Ordinary Shares 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 253p               200,000 
                                                -----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      200,000 
 
  - Price                                  GBP506,000 
 
 e)    Date of the transaction                  16 December 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                     Kevin Hayes 
      ---------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                          PDMR 
      ---------------------------------------  --------------------------------------- 
 b)    Initial notification                     Initial notification 
        /Amendment 
      ---------------------------------------  --------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                     River and Mercantile Group PLC 
      ---------------------------------------  --------------------------------------- 
 b)    LEI                                      2138005C7REHURGWHW31 
      ---------------------------------------  --------------------------------------- 
 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                       Ordinary shares of GBP0.003 pence 
        financial instrument,                    each 
        type of instrument 
 
       Identification code                      GB00BLZH7X42 
 
 b)    Nature of the transaction                Sale of Ordinary Shares 
      ---------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                                -----------------  ----------------- 
                                                 Price(s)           Volume(s) 
                                                -----------------  ----------------- 
                                                 254p               150,000 
                                                -----------------  ----------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume                      150,000 
 
  - Price                                  GBP381,00 
 
 e)    Date of the transaction                  17 December 2019 
      ---------------------------------------  --------------------------------------- 
 f)    Place of the transaction                 London Stock Exchange 
      ---------------------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                   Kevin Hayes 
      -------------------------------------  ----------------------------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------------------------- 
 a)    Position/status                        PDMR 
      -------------------------------------  ----------------------------------------------------------- 
 b)    Initial notification                   Initial notification 
        /Amendment 
      -------------------------------------  ----------------------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------------------------- 
 a)    Name                                   River and Mercantile Group PLC 
      -------------------------------------  ----------------------------------------------------------- 
 b)    LEI                                    2138005C7REHURGWHW31 
      -------------------------------------  ----------------------------------------------------------- 
 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                     Ordinary shares of GBP0.003 pence 
        financial instrument,                  each 
        type of instrument 
 
       Identification code                    GB00BLZH7X42 
 
 b)    Nature of the transaction                   1. Sale of Ordinary Shares 
                                                    2. Purchase of Ordinary Shares (SIPP) 
      -------------------------------------  ----------------------------------------------------------- 
 c)    Price(s) and volume(s)                 Price(s)                    Volume(s) 
                                             --------------------------  ------------------------------- 
        1. GBP2.545                                                            1. 67,000 
  ---------------------------------------------------------------------  ------------------------------- 
        2. GBP2.545                                                            2. 67,000 
 d)    Aggregated information                 Price                       Volume      Total 
 
  - Aggregated volume                    1.GBP2.545                       1. 67,000   1. 170,515 
                                        -------------------------------  ----------  ------------------- 
 
  - Price                                2.GBP2.545                       2.67,000    2. 170,515 
                                        -------------------------------  ----------  ------------------- 
 
 e)    Date of the transaction                18 December 2019 
      -------------------------------------  ----------------------------------------------------------- 
 f)    Place of the transaction               London Stock Exchange 
      -------------------------------------  ----------------------------------------------------------- 
 
 

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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December 19, 2019 11:09 ET (16:09 GMT)

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