The UK’s leading multi-redemption voucher and prepaid gift card business

Director/PDMR Shareholding and Total Voting Rights

23 June 2017

Park Group plc

("Park" or "the Company")

Director/PDMR Shareholding and Total Voting Rights

Park (AIM: PKG.L), the UK's leading gift voucher and prepaid gift card provider, announces that the following Directors have today been allocated ordinary shares of 2p each (“Ordinary Shares”) in accordance with the Company’s LTIP scheme.

Individual

Role

Share awards

Shares sold

Resultant holding

Chris Houghton

CEO

250,237

nil

1,613,982

Martin Stewart

Group Finance Director

206,139

nil

1,183,858

Gary Woods

Managing Director, Park Retail

206,139

nil

1,206,139

 

Application has been made for the admission to AIM ("Admission") of 1,190,362 new ordinary shares of 2p each in the Company ("Ordinary Shares"), being the total number of shares issued following the award of shares under the Company’s LTIP scheme.

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares, and dealing is expected to commence on 29 June 2017.

Following Admission, the Company's enlarged issued share capital will be 185,558,840 Ordinary Shares. This figure of 185,558,840 Ordinary Shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. 

For further information, please contact: 

Park Group plc

Chris Houghton

Martin Stewart

Tel: 0151 653 1700

Arden Partners plc

Steve Douglas

Benjamin Cryer

Tel: 020 7614 5917

Tavistock Communications

Jeremy Carey

Andrew Dunn

Tel: 020 7920 3150

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.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Chris Houghton

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Park Group plc

b)

 

LEI

 

 

213800MQ5U1F8SPHK638

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

 

Identification code

 

 

Ordinary shares of 2p each

 

 

ISIN :      GB0006710643

 

b)

 

Nature of the transaction

 

 

Award of shares under the Company’s LTIP scheme.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

250,237

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (Single transaction)

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

23 June 2017

f)

 

Place of the transaction

 

 

Outside a trading venue

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Gary Woods

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Park Group plc

b)

 

LEI

 

 

213800MQ5U1F8SPHK638

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

 

Identification code

 

 

Ordinary shares of 2p each

 

 

ISIN :      GB0006710643

 

b)

 

Nature of the transaction

 

 

Award of shares under the Company’s LTIP scheme.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

206,139

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (Single transaction)

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

23 June 2017

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Martin Stewart

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Park Group plc

b)

 

LEI

 

 

213800MQ5U1F8SPHK638

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

 

Identification code

 

 

Ordinary shares of 2p each

 

 

ISIN :      GB0006710643

 

b)

 

Nature of the transaction

 

 

Award of shares under the Company’s LTIP scheme.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

nil

206,139

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (Single transaction)

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

 

23 June 2017

f)

 

Place of the transaction

 

 

Outside a trading venue