Issue of Equity and PDMR Dealing

Photo-Me International plc

("Photo-Me", or the "Company" or the "Group")

 

Issue of Equity and PDMR Dealing

 

 

Photo‐Me, the instant‐service equipment group, was notified on 18 December 2017, Françoise Coutaz‐Replan, Non‐executive Director, exercised options over 50,000 Ordinary Shares of 0.5p each in the Company ("Ordinary Shares") under the Company's share option plan at a price of 65.25p per Ordinary Share and subsequently sold 50,000 Ordinary Shares in the market at a price of 179.00p per Ordinary Share (the "Transaction").

 

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares and have been admitted to trading on the London Stock Exchange's main market for listed securities under the Company's existing block admission.

 

Following the Transaction on Francoise Coutaz‐Replan is interested in 200,000 Ordinary Shares of 0.5p each in the Company, representing 0.05 percent of the issued share capital of the Company.

 

In accordance with the FCA's Disclosure Guidance and Transparency Rules, following the Transaction, the Company's issued share capital will consist of 376,990,637 Ordinary Shares of 0.5p each. The Company does not hold any Ordinary Shares in Treasury.

 

The figure of 376,990,637 Ordinary Shares should be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

 

Enquiries:

Photo-Me International plc -

Del Mansi (Company Secretary)                                      01372 453399

 

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	Françoise Coutaz-Replan
2	Reason for the notification
a)	Position/status	Non-executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Photo-Me International plc
b)	LEI	2138006YJ65EKBYYYX41
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	Ordinary shares of 0.5p each in the Company
	Identification code	GB0008481250
b)	Nature of the transaction	Exercise and subsequent sale of shares
c)	Price(s) and volume(s)		Exercise of options
			Price(s)	Volume(s)
			65.25 pence per ordinary share	50,000
			Sale of shares
			Price(s)	Volume(s)
			179.00 pence per ordinary share	50,000
d)	Aggregated information
	- Aggregated volume	Exercise of options: 50,000 ordinary shares of 0.5 pence each exercised at 65.25pence per ordinary share
	- Price	Share sale: 50,000 ordinary shares of 0.5pence each sold at 179.00 pence per ordinary share.
e)	Date of the transaction	18 December 2017
f)	Place of the transaction	London Stock Exchange (XLON), Main Market

 

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.