t
| Date | 14 Dec 2021 |
| Time | 07:00:11 |
| Category | Director/PDMR dealings |
| ID | 5024V |
Impax Asset Management Group plc
Director/PDMR/PCA Shareholding
Impax Asset Management Group plc (the "Company") announces that it has received notification of the following transactions in ordinary shares in the Company ("Ordinary Shares") by persons discharging managerial responsibilities and persons closely associated with Charlie Ridge, Chief Financial Officer of the Company.
Charlie Ridge sold 66,666 ordinary shares at an average price of 1351p partly to satisfy tax liabilities arising from the vesting of share awards. In addition, a person closely associated (PCA) with Charlie Ridge sold 150,000 ordinary shares at an average price of 1350p.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Charlie Ridge |
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2. |
Reason for the notification |
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a) |
Position / status |
Chief Financial Officer |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Impax Asset Management Group plc |
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b) |
LEI |
213800AJDNW4S2B7E680 |
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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 |
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a) |
Description of the financial instrument, type of financial instrument Identification Code |
Ordinary Shares of 1p each in Impax Asset Management Group plc
IPX GB0004905260 |
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b) |
Nature of the transaction |
Sale of shares following vesting of share awards |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 66,666 Aggregated price: 1351.37p Total aggregated price: £900,904
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e) |
Date of the transaction |
13 December 2021
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f) |
Place of the transaction
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London Stock Exchange |
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Carol Ridge |
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2. |
Reason for the notification |
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a) |
Position / status |
Person closely associated (PCA) with Charlie Ridge, Chief Financial Officer of the Company |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Impax Asset Management Group plc |
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b) |
LEI |
213800AJDNW4S2B7E680 |
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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 |
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a) |
Description of the financial instrument, type of financial instrument Identification Code |
Ordinary Shares of 1p each in Impax Asset Management Group plc
IPX GB0004905260 |
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b) |
Nature of the transaction |
Carol Ridge, a person closely associated with Charlie Ridge, Chief Financial Offer of the Company, has sold 150,000 ordinary shares
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
Aggregated volume: 150,000 Aggregated price: 1350p Total aggregated price: £2,025,000
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e) |
Date of the transaction |
13 December 2021
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f) |
Place of the transaction
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London Stock Exchange |
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LEI number: 213800AJDNW4S2B7E680
-ENDS-
Enquiries:
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Impax Asset Management Group plc Ian Simm, Chief Executive Paul French, Corporate Communications Director
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+44 (0)20 3912 3000 |
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Montfort Communications Gay Collins Louis Supple
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+44 (0)77 9862 6282 +44 (0)77 3943 0102 |
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Peel Hunt LLP, Nominated Adviser James Britton or Rishi Shah |
+44 (0)20 7418 8900 |
Berenberg, Joint Broker
Alex Reynolds + 44 (0)20 3207 7800