IMPAX ASSET MANAGEMENT GROUP PLC — Director's Dealing 2017

Oct 25, 2017

National Storage Mechanism | Additional information

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RNS Number : 6341U

Impax Asset Management Group plc

25 October 2017

Impax Asset Management Group plc

Director/PDMR and PCA Shareholding

Impax Asset Management Group plc (the "Company") announces that it has received notifications that the following persons discharging managerial responsibilities and persons closely associated ("PCA") with them have disposed of ordinary shares in the Company ("Ordinary Shares") as part of a placing of 4,925,680 shares conducted by Peel Hunt.

Name	Position	Ordinary Shares sold	Price per Ordinary Share	Aggregate value
Ian Simm	Chief Executive	450,000	£1.42	£639,000.00
Charlie Ridge	Chief Finance Officer	430,000	£1.42	£610,600.00
Carol Ridge	PCA	15,940	£1.42	£22,634.80

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

Ian Simm

2.

Reason for the notification

a)

Position / status

Chief Executive

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

Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc

GB0004905260

b)

Nature of the transaction

Exercised options over 450,000 Ordinary Shares

c)

Price(s) and volume(s)

Exercise price(s)	Volume(s)
49.6p per share	450,000

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 450,000

Aggregated exercise price: 49.6p

Aggregated price: n/a

e)

Date of the transaction

25 October 2017

f)

Place of the transaction

London Stock Exchange

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

Sale of ordinary Shares of 1p each in Impax Asset Management Group plc

GB0004905260

b)

Nature of the transaction

Sold 450,000 Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.42p per share	450,000

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 450,000

Aggregated price: £1.42 per share

Total aggregated price: £639,000.00

e)

Date of the transaction

25 October 2017

f)

Place of the transaction

London Stock Exchange

1.

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

a)

Name

Charlie Ridge

2.

Reason for the notification

a)

Position / status

Chief Finance 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

Exercise of options over ordinary Shares of 1p each in Impax Asset Management Group plc

GB0004905260

b)

Nature of the transaction

Exercised options over 700,000 Ordinary Shares

c)

Price(s) and volume(s)

Exercise price(s)	Volume(s)
49.6p per share	270,000
49.6p per share	30,000
37.59 per share	200,000
47.9p per share	200,000

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 700,000

Aggregated exercise price: 45.68p

Aggregated price: n/a

e)

Date of the transaction

25 October 2017

f)

Place of the transaction

London Stock Exchange

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

Sale of ordinary Shares of 1p each in Impax Asset Management Group plc

GB0004905260

b)

Nature of the transaction

Sold 430,000 Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.42 per share	430,000

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 430,000

Aggregated price: £1.42p per share

Total aggregated price: £610,600.00

e)

Date of the transaction

25 October 2017

f)

Place of the transaction

London Stock Exchange

1.

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

a)

Name

Carol Ridge

2.

Reason for the notification

a)

Position / status

PCA

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

Sale of ordinary Shares of 1p each in Impax Asset Management Group plc

GB0004905260

b)

Nature of the transaction

Sold 15,940 Ordinary Shares

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£1.42 per share	15,940

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 15,940

Aggregated price: £1.42 per share

Total aggregated price: £22,634.80

e)

Date of the transaction

25 October 2017

f)

Place of the transaction

London Stock Exchange

The information communicated in this announcement contains inside information for the purposes of Article 7 of Regulation 596/2014.

-ENDS-

Enquiries:

Zack Wilson

Group General Counsel and Company Secretary                         Tel: + 44 (0) 20 7434 1122 (switchboard)

Impax Asset Management Group plc

Norfolk House, 31 St James's Square,                                          

London, SW1Y 4JR                                                                            

www.impaxam.com

Anne Gilding                                                                                         Tel: +44 (0) 20 7434 1122 (switchboard)

Head of Brand & Communications                                                 Tel: +44 (0) 20 7432 2602 (direct)

Impax Asset Management Group plc                                              Tel: +44 (0) 7881 249612 (mobile)

Norfolk House, 31 St James's Square,                                          

London, SW1Y 4JR                                                                             Email: a.gilding@impaxam.com

www.impaxam.com

Guy Wiehahn                                                                                        Tel: +44 (0) 20 7418 8893

Nominated Adviser and Broker

Peel Hunt LLP

This information is provided by RNS

The company news service from the London Stock Exchange

END

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