EPE Special Opps Ltd - Vesting - Share Matching Scheme/PDMR Shareholdings
RNS Number : 4124V
EPE Special Opportunities Limited
03 December 2019
 

EPE Special Opportunities Limited

 

Vesting of the Share Matching Scheme and PDMR Shareholdings

 

Vesting of the Share Matching Scheme

EPE Special Opportunities Limited (the "Company") announces that, on 2 December 2019 in the offices of the Company's administrator, certain awards made under the Company's share matching scheme (the "Scheme") vested to certain members of the Board of Directors and EPIC Private Equity LLP ("EPE"), the Company's investment advisor (the "Participants") (the "Vesting").

As a result of the Vesting, the Participants' interests in jointly held vesting ordinary shares ("Matching Shares") have increased such that the Participants now hold the entire beneficial interest in the Matching Shares (as opposed to just a portion of the beneficial interest) and the Participants now hold the full legal title to those ordinary shares.

The interests in the Matching Shares were transferred to Participants from the Company's employee benefit trust. The number of ordinary shares in issue, not held by the Company in treasury, is unchanged by the Vesting and remains 32,870,810 ordinary shares (which should be used as the denominator for calculations of interests in the Company's voting rights).

 

PDMR Shareholding

 

Certain members of EPE and certain Directors of the Company (being PDMRs of the Company) have received the entire beneficial interest and legal title to the Matching Shares as part of the Vesting described above. The details of the Matching Shares received by PDMRs are provided below:

 

PDMR

Role

Number of vesting Matching Shares held

Number of ordinary shares held pre Vesting

Number of ordinary shares held post Vesting

Percentage of total voting rights held post Vesting

Giles Brand

Managing Partner of EPE

11,111

10,269,253

10,280,364

31.3%

Hiren Patel

Managing Partner, Finance Director and Head of Compliance of EPE

11,111

440,034

451,145

1.4%

Clive Spears

Company Director

2,777

126,493

129,270

0.4%

Robert Quayle

Company Director

2,778

107,201

109,979

0.3%

Nicholas Wilson

Company Director

2,777

125,987

128,764

0.4%

 

The notification of dealing forms for each PDMR can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

The person responsible for releasing this information on behalf of the Company is Amanda Robinson of Langham Hall Fund Management (Jersey) Limited.

 

Enquiries:

 

EPIC Private Equity LLP

+44 (0) 207 269 8865

Alex Leslie



Langham Hall Fund Management (Jersey) Limited

+44 (0) 153 488 5200

Amanda Robinson



Cardew Group Limited

+44 (0) 207 930 0777

Richard Spiegelberg



Numis Securities Limited

+44 (0) 207 260 1000

Nominated Advisor:

Stuart Skinner / Hugh Jonathan

Corporate Broker:

Charles Farquhar

 

DEALING NOTIFICATION FORM

FOR USE BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND THEIR CLOSELY ASSOCIATED PERSONS

 

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Giles Brand

2.     

Reason for the notification

a)

Position/status

Managing Partner of EPE

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name

EPE Special Opportunities Limited

b)

LEI

213800BQKN9C23A7LK98

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 5p each.

 

 

ISIN: BMG3163K1053

 

b)

Acquisition of interest in shares

c)

Price(s) and volume(s):

(Note 1)

Price(s)

Volume(s)

177.32 pence

Interest in 11,111 Ordinary Shares

d)

Aggregated information:

Price 177.32 pence

Volume Interest in 11,111 Ordinary Shares

e)

Date of the transaction

2 December 2019

f)

Place of the transaction

; AIM

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Hiren Patel

2.     

Reason for the notification

a)

Position/status

Managing Partner, Finance Director and Head of Compliance of EPE

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name

EPE Special Opportunities Limited

b)

LEI

213800BQKN9C23A7LK98

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 5p each.

 

 

ISIN: BMG3163K1053

 

b)

Acquisition of interest in shares

c)

Price(s) and volume(s):

(Note 1)

Price(s)

Volume(s)

177.32 pence

Interest in 11,111 Ordinary Shares

d)

Aggregated information:

Price 177.32 pence

Volume Interest in 11,111 Ordinary Shares

e)

Date of the transaction

2 December 2019

f)

Place of the transaction

; AIM

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Clive Spears

2.     

Reason for the notification

a)

Position/status

Company Director

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name

EPE Special Opportunities Limited

b)

LEI

213800BQKN9C23A7LK98

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 5p each.

 

 

ISIN: BMG3163K1053

 

b)

Acquisition of interest in shares

c)

Price(s) and volume(s):

(Note 1)

Price(s)

Volume(s)

177.32 pence

Interest in 2,777 Ordinary Shares

d)

Aggregated information:

Price 177.32 pence

Volume Interest in 2,777 Ordinary Shares

e)

Date of the transaction

2 December 2019

f)

Place of the transaction

; AIM

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Robert Quayle

2.     

Reason for the notification

a)

Position/status

Company Director

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name

EPE Special Opportunities Limited

b)

LEI

213800BQKN9C23A7LK98

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 5p each.

 

 

ISIN: BMG3163K1053

 

b)

Acquisition of interest in shares

c)

Price(s) and volume(s):

(Note 1)

Price(s)

Volume(s)

177.32 pence

Interest in 2,778 Ordinary Shares

d)

Aggregated information:

Price 177.32 pence

Volume Interest in 2,778 Ordinary Shares

e)

Date of the transaction

2 December 2019

f)

Place of the transaction

; AIM

 

1.     

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Nicholas Wilson

2.     

Reason for the notification

a)

Position/status

Company Director

b)

Initial notification/Amendment:

Initial notification

3.     

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

a)

Name

EPE Special Opportunities Limited

b)

LEI

213800BQKN9C23A7LK98

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 5p each.

 

 

ISIN: BMG3163K1053

 

b)

Acquisition of interest in shares

c)

Price(s) and volume(s):

(Note 1)

Price(s)

Volume(s)

177.32 pence

Interest in 2,777 Ordinary Shares

d)

Aggregated information:

Price 177.32 pence

Volume Interest in 2,777 Ordinary Shares

e)

Date of the transaction

2 December 2019

f)

Place of the transaction

; AIM

 

Note 1: PDMRs acquired an interest in each ordinary share for the price given ("Interest Price"). The Interest Price was calculated in relation to the size of interest purchased (i.e. size of the interest not already held by the PDMR), the Company's closing price on the day prior to the Vesting and the Company's closing price on the day prior to the granting of the share matching award.


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