RNS Number : 8173D
Aston Martin Lagonda Global Hld PLC
30 October 2020
Aston Martin Lagonda Global Holdings plc (the "Company")
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
|
1.
|
Details of PDMR / person closely associated with them ("PCA")
|
|
a)
|
Name
|
Yew Tree Overseas Limited ("Yew Tree"), a company incorporated in the British Virgin Islands.
|
|
b)
|
Position / status
|
The notification concerns a PCA of Lawrence Stroll, Executive Chairman of the Company.
|
|
c)
|
Initial notification / amendment
|
Initial notification.
|
|
2.
|
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
|
Ordinary shares
of £0.009039687 each in the capital of the Company.
|
|
b)
|
Nature of the transaction
|
On 27 October 2020, Yew Tree gave an irrevocable undertaking to subscribe for shares in the placing of the Company announced on 27 October 2020 (the "Placing"). As set out in the announcement, the Placing is subject to shareholder approval and the satisfaction of certain other conditions.
Yew Tree intends to syndicate some of the shares for which it has agreed to subscribe under the Placing to other members of the consortium of shareholders in the Company led by Yew Tree. The proposed syndication is further described in the announcement of the Placing published by the Company on 27 October 2020.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0.50 per share
|
Acquisition: 40,000,000
|
|
|
d)
|
Aggregated information
-
Aggregated volume
-
Price
|
Aggregate acquisition: 40,000,000 ordinary shares for £20,000,000.
|
|
e)
|
Date of the transaction
|
2020-10-27 (GMT)
|
|
f)
|
Place of the transaction
|
London
|
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. RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy. END
DSHBUBDGLGXDGGG
|
