RNS Number : 5024V
Impax Asset Management Group plc
14 December 2021
 

 

 

 

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.

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Charlie Ridge

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Ordinary Shares of 1p each in Impax Asset Management Group plc

 

IPX

GB0004905260

b)

Nature of the transaction

Sale of shares following vesting of share awards

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1351.37p per Ordinary Share

66,666

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 66,666

Aggregated price: 1351.37p

Total aggregated price: £900,904

 

e)

Date of the transaction

13 December 2021

 

f)

Place of the transaction

 

London Stock Exchange

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Carol Ridge

2.

Reason for the notification

a)

Position / status

Person closely associated (PCA) with Charlie Ridge, Chief Financial Officer of the Company

b)

Initial notification / amendment

Initial notification

3.

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

a)

Name

Impax Asset Management Group plc

b)

LEI

213800AJDNW4S2B7E680

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 financial instrument

Identification Code

Ordinary Shares of 1p each in Impax Asset Management Group plc

 

IPX

GB0004905260

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

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1350 p per Ordinary Share

150,000

d)

Aggregated information

Aggregated volume

Price

Aggregated volume: 150,000

Aggregated price: 1350p

Total aggregated price: £2,025,000

 

e)

Date of the transaction

13 December 2021

 

f)

Place of the transaction

 

London Stock Exchange

 

LEI number:  213800AJDNW4S2B7E680

-ENDS-

Enquiries:

 

Impax Asset Management Group plc

Ian Simm, Chief Executive

Paul French, Corporate Communications Director

p.french@impaxam.com

 

 

+44 (0)20 3912 3000

Montfort Communications

Gay Collins

Louis Supple

impax@montfort.london

 

 

+44 (0)77 9862 6282

+44 (0)77 3943 0102

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

 

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