17 March 2025
LEI: 213800LFMHKVNTZ7GV45
River Global PLC ("River Global" or the "Company")
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND OF PERSONS CLOSELY ASSOCIATED ("PCA")
The Company announces that it has received notification that, following a share reorganisation of Ordinary Shares into A Ordinary Shares and B Shares and a recent purchase of B Shares as noted below, North Atlantic Smaller Companies Investment Trust PLC, Oryx International Growth Fund Limited and Harwood Capital LLP, PCA's to Christopher Mills, a Director of the Company, are collectively interested in 26,964,500 A Ordinary and 29,764,500 B shares in the Company ("Shares") on 7 March 2025.
On 12 March 2025, North Atlantic Smaller Companies Investment Trust PLC, PCA to Christopher Mills, purchased 2,300,000 B Shares in the Company at a price of 32.81 pence per share which are included in the figures above.
The following table highlights the current holdings by PCA's of Christopher Mills following the reorganisation and additional share purchased by North Atlantic Smaller Companies Investment Trust PLC.
| PDMR | PDMR/PCA | Number of Shares held |
| Christopher Mills | North Atlantic Smaller Companies Investment Trust PLC (PCA to Christopher Mills) | 20,000,000 A Ordinary Shares 22,800,000 B Shares |
| Christopher Mills | Harwood Capital LLP (PCA to Christopher Mills) | 114,500 A Ordinary Shares 114,500 B Shares |
| Christopher Mills | Oryx International Growth Fund Limited (PCA to Christopher Mills) | 6,000,000 A Ordinary Shares 6,000,000 B Shares |
| Christopher Mills | Eveswise Pension Trustees | 850,000 A Ordinary Shares 850,000 B Shares |
Following the Company's recent share reorganisation, Christopher Mills and PCA's have an interest of 26,964,500 A Ordinary Shares, representing 18.06% of the issued A Ordinary Shares in the Company and 29,764,500 B Shares, representing 19.94% of the issued B shares in the Company.
Formal notification in respect of the PDMR and the PCA are set out below in accordance with the requirements of the Market Abuse Regulation.
For further information, please contact:
| |
For further details, visit the website, www.river.global
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a) | Name
| North Atlantic Smaller Companies Investment Trust Plc, PCA to Christopher Mills | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| PCA to PDMR | |||
| b)
| Initial notification /Amendment
| Initial notification | |||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
| a)
| Name
| River Global PLC | |||
| b)
| LEI
| 213800LFMHKVNTZ7GV45 | |||
| 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 | B shares of £0.005 each
| |||
| | | ||||
| Identification code | B shares GB00BTDR2S27 | ||||
| | | ||||
| b)
| Nature of the transaction
| Shares awarded through Company share reorganisation Purchase of Shares
| |||
| c)
| Price(s) and volume(s) | | | |
|
| | | Price(s) | Volume(s) |
| |
| | | £0.3281 | 2,300,000 (B Shares) |
| |
| | | | |
| |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | £0.3281 | ||||
| | | ||||
| - Price
| £754,674 | ||||
|
|
| ||||
| e)
| Date of the transaction
| 12 March 2025 | |||
| f)
| Place of the transaction
| London Stock Exchange | |||
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