EPE Special Opps Ltd - Vesting - Share Matching Scheme/PDMR Shareholdings
RNS Number : 0587D
EPE Special Opportunities Limited
05 October 2018
 

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 4 October 2018 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 EPIC Private Equity LLP ("EPE"), the Company's investment advisor, and to certain Directors of the Company (together 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 28,299,838 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

Geoffrey Vero

Chairman of the Board and Company Director

18,182

105,532

123,714

0.4%

Robert Quayle

Company Director

6,818

87,883

94,701

0.3%

Clive Spears

Company Director

6,818

105,787

112,605

0.4%

Nicholas Wilson

Company Director

6,818

105,743

112,561

0.4%

Giles Brand

Managing Partner of EPE

27,273

6,393,525

6,420,798

22.7%

Hiren Patel

Managing Partner, Finance Director and Head of Compliance of EPE

30,000

290,417

320,417

1.1%

 

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 Hilary Jones of R&H Fund Services (Jersey) Limited.

 

Enquiries:

 

EPIC Private Equity LLP

+44 (0) 207 269 8865

Alex Leslie



R&H Fund Services (Jersey) Limited

+44 (0) 1534 825 323

Hilary Jones



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

Geoffrey Vero

2.     

Reason for the notification

a)

Position/status

Chairman of the Board and 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)

107.85 pence

Interest in 18,182 Ordinary Shares

d)

Aggregated information:

Price 107.85 pence

Volume Interest in 18,182 Ordinary Shares

e)

Date of the transaction

4 October 2018

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)

107.85 pence

 Interest in 6,818 Ordinary Shares

d)

Aggregated information:

Price 107.85 pence

Volume Interest in 6,818 Ordinary Shares

e)

Date of the transaction

4 October 2018

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)

107.85 pence

Interest in 6,818 Ordinary Shares

d)

Aggregated information:

Price 107.85 pence

Volume Interest in 6,818 Ordinary Shares

e)

Date of the transaction

4 October 2018

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)

107.85 pence

Interest in 6,818 Ordinary Shares

d)

Aggregated information:

Price 107.85 pence

Volume Interest in 6,818 Ordinary Shares

e)

Date of the transaction

4 October 2018

f)

Place of the transaction

; AIM

 

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)

107.85 pence

Interest in 27,273 Ordinary Shares

d)

Aggregated information:

Price 107.85 pence

Volume Interest in 27,273 Ordinary Shares

e)

Date of the transaction

4 October 2018

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

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)

107.85 pence

Interest in 30,000 Ordinary Shares

d)

Aggregated information:

Price 107.85 pence

Volume Interest in 30,000 Ordinary Shares

e)

Date of the transaction

4 October 2018

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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