Novae Group plc: Director/PDMR Shareholding | 1 | Details of the person discharging managerial responsibilities/ person closely associated ("PCA") |
| a) | Name | Matthew Fosh |
| 2 | Reason for the notification |
| a) | Position/status | Chief Executive Officer (Director) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Novae Group plc |
| b) | LEI | 2138009C2W2RFXX3ZZ32 |
| 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 £1.125 GB00B40SF849 |
| b) | Nature of the transaction | Acquisition and sale of Ordinary shares in relation to awards vesting under: 1. Tranche 3 of the Novae Group plc Deferred Bonus Plan (DBP) 2014 award 2. Tranche 2 of the DBP 2015 award 3. The Novae Group plc Long Term Incentive Plan (LTIP) 2014 award. Upon vesting 72,243 Ordinary Shares were sold to cover tax, National Insurance Contributions and commission charges and 81,157 Ordinary shares were retained. |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP6.25 | 15,628 sold (Tranche 3 DBP 2014 award) |
| GBP6.25 | 17,556 acquired (Tranche 3 DBP 2014 award) |
| GBP6.25 | 14,189 sold (Tranche 2 DBP 2015 award) |
| GBP6.25 | 15,939 acquired (Tranche 2 DBP 2015 award) |
| GBP6.25 | 42,426 sold (LTIP 2014 award) |
| GBP6.25 | 47,662 acquired (LTIP 2014 award) |
| d) | Aggregated information Aggregated volume Price | 153,400 GBP6.25 |
| e) | Date of the transaction | 7 April 2017 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated ("PCA") |
| a) | Name | Reeken Patel |
| 2 | Reason for the notification |
| a) | Position/status | Chief Financial Officer (Director) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Novae Group plc |
| b) | LEI | 2138009C2W2RFXX3ZZ32 |
| 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 £1.125 GB00B40SF849 |
| b) | Nature of the transaction | Acquisition and sale of Ordinary Shares in relation to awards vesting under the Novae Group plc Long Term Incentive Plan (LTIP) 2014 award. Upon vesting 35,002 Ordinary Shares were sold to cover tax, National Insurance Contributions and commission charges and 39,321 Ordinary Shares were transferred to his spouse. |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP6.25 | 35,002 (sold) |
| GBP6.25 | 39,321 (acquired and transferred to spouse) |
| d) | Aggregated information Aggregated volume Price | 74,323 GBP6.25 |
| e) | Date of the transaction | 7 April 2017 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated ("PCA") |
| a) | Name | Jonathan Butcher |
| 2 | Reason for the notification |
| a) | Position/status | Chief Executive Officer - Novae Syndicates Limited (PDMR) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Novae Group plc |
| b) | LEI | 2138009C2W2RFXX3ZZ32 |
| 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 £1.125 GB00B40SF849 |
| b) | Nature of the transaction | Acquisition and sale of Ordinary Shares in relation to awards vesting under the Novae Group plc Long Term Incentive Plan (LTIP) 2014 award. Upon vesting 13,267 Ordinary Shares were sold to cover tax, National Insurance Contributions and commission charges and 14,904 Ordinary Shares were retained. |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP6.25 | 13,627 (sold) |
| GBP6.25 | 14,904 (acquired) |
| d) | Aggregated information Aggregated volume Price | 28,171 GBP6.25 |
| e) | Date of the transaction | 7 April 2017 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
| 1 | Details of the person discharging managerial responsibilities/ person closely associated ("PCA") |
| a) | Name | Robert Forster |
| 2 | Reason for the notification |
| a) | Position/status | Chief Underwriting Officer (PDMR) |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
| a) | Name | Novae Group plc |
| b) | LEI | 2138009C2W2RFXX3ZZ32 |
| 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 £1.125 GB00B40SF849 |
| b) | Nature of the transaction | Acquisition and sale of Ordinary Shares in relation to awards vesting under the Novae Group plc Long Term Incentive Plan (LTIP) 2014 award. In addition Mr Forster acquired Shares as a result of the vesting and release of deferred bonuses which were payable in shares. Upon vesting 41,544 Ordinary Shares were sold to cover tax, National Insurance Contributions and commission charges and 46,670 Ordinary Shares were transferred to his spouse. |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| GBP6.25 | 16,584 sold (2014 LTIP) |
| GBP6.25 | 18,630 acquired and transferred to spouse (2014 LTIP) |
| GBP6.25 | 24,960 sold (deferred bonus payable in shares) |
| GBP6.25 | 28,040 acquired and transferred to spouse (deferred bonus payable in shares) |
| d) | Aggregated information Aggregated volume Price | 88,214 GBP6.25 |
| e) | Date of the transaction | 7 April 2017 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
For further enquiries: A Moon Group Company Secretary 020 7050 9000
