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JET2 PLC — Director's Dealing 2019
Dec 6, 2019
7730_dirs_2019-12-06_088190c4-d6b8-402e-8a75-5afb6d2cc5b8.html
Director's Dealing
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RNS Number : 0559W
Dart Group PLC
06 December 2019
6 December 2019
Dart Group PLC
(the "Company")
Director/PDMR Shareholding
Dart Group PLC, the Leisure Travel and Distribution & Logistics group, announces that on 4 December 2019, Philip Hugh Meeson, Executive Chairman of the Company, transferred 6,000,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares") for nil consideration to the trustees of The Philip Meeson 2019 Settlement, a UK resident settlement, of which Mr Meeson is a trustee but not a beneficiary.
Following these transactions, Mr Meeson will beneficially hold a total of 48,040,000 Ordinary Shares representing 32.26% of the Company's issued share capital and The Philip Meeson 2019 Settlement will hold a total of 6,000,000 Ordinary Shares representing 4.03% of the Company's issued share capital.
The notification below, made in accordance with the requirements of the Market Abuse Regulation (596/2014), provides further details.
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 | Philip Hugh Meeson | |
| 2 | Reason for the notification | ||
| a) | Position/status | 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 | Dart Group PLC | |
| b) | LEI | I72RQ3PNLDPW8R7JIJ56 | |
| 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 instrument | Ordinary shares of 1.25p each | |
| Identification code | GB00B1722W11 | ||
| b) | Nature of the transaction | Transfer of ordinary shares | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| Nil | 6,000,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 4 December 2019 | |
| f) | Place of the transaction | Outside of a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Philip Hugh Meeson / the trustees of The Philip Meeson 2019 Settlement | |
| 2 | Reason for the notification | ||
| a) | Position/status | PCA of Philip Hugh Meeson, 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 | Dart Group PLC | |
| b) | LEI | I72RQ3PNLDPW8R7JIJ56 | |
| 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 instrument | Ordinary shares of 1.25p each | |
| Identification code | GB00B1722W11 | ||
| b) | Nature of the transaction | Acquisition of ordinary shares for nil consideration | |
| c) | Price(s) and volumes(s) | Price(s) | Volume(s) |
| Nil | 6,000,000 | ||
| d) | Aggregated information | N/A single transaction | |
| Aggregated volume | N/A single transaction | ||
| Price | N/A single transaction | ||
| e) | Date of the transaction | 4 December 2019 | |
| f) | Place of the transaction | Outside of a trading venue |
For further information please contact:
| Dart Group PLC Philip Hugh Meeson, Executive Chairman Ian Day, Group Company Secretary |
0113 239 7817 |
| Cenkos Securities plc Nominated Adviser Katy Birkin / Azhic Basirov |
020 7397 8900 |
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.
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