14 May 2024
Merit Group plc
("Merit", the "Company" or "the Group")
Director/PDMR Shareholding
Further to the announcement on 10 May 2024, the Company has been informed that Philip Machray, Chief Executive Officer and Chief Financial Officer of the Company, has purchased a further 75,000 Ordinary Shares of 28 pence each in the Company ("Ordinary Shares"). Mr Machray purchased the Ordinary Shares at a price of 65.0 pence per Ordinary Share.
Following this purchase, on 10 May 2024, Mr Machray transferred an aggregate of 87,813 Ordinary Shares to his spouse, Lisa Machray and to his children, each of whom is considered a Person Closely Associated with Mr Machray as defined by the Market Abuse Regime, for nil cost.
Mr. Machray now has an interest in 346,546 Ordinary Shares representing 1.45% of the Company's issued share capital.
For further information, please contact:
| Merit Group plc Mark Smith - Non-Executive Chairman Phil Machray - CEO & CFO | 020 7593 5500
|
| Canaccord Genuity Limited (Nomad and Broker) Bobbie Hilliam Harry Pardoe
| 020 7523 8150 |
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 Machray | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| CEO & CFO | ||||
| b)
| Initial notification /Amendment
| Initial Notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| C)
| Name
| Merit Group plc | ||||
| b)
| LEI
| 213800HG65J6TYGNJU20 | ||||
| 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 28p each
ISIN: GB00BNYKJJ86 | ||||
| b)
| Nature of the transaction
| Purchase of Ordinary Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
N/a (single transaction)
| ||||
| e)
| Date of the transaction
| 10 May 2024 | ||||
| f)
| Place of the transaction
| AIMX | ||||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Philip Machray / Lisa Machray | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| CEO & CFO | ||||
| b)
| Initial notification /Amendment
| Initial Notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| C)
| Name
| Merit Group plc | ||||
| b)
| LEI
| 213800HG65J6TYGNJU20 | ||||
| 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 28p each
ISIN: GB00BNYKJJ86 | ||||
| b)
| Nature of the transaction
| Transfer of Ordinary Shares | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information - Aggregated volume - Price |
N/a (single transaction)
| ||||
| e)
| Date of the transaction
| 10 May 2024 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
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.
