SCGL Transaction in Own Shares and PDMR Dealings

 

Shore Capital Group Limited (“Shore Capital” or the “Company”) Transaction in Own Shares and PDMR Dealings

Shore Capital announces that it has today purchased for cancellation 621,598 of its ordinary shares of no par value (“Ordinary Shares”) at a price of £2.38 per share.

The following directors or persons discharging managerial responsibilities (or entities managed or beneficially owned by them) have purchased Ordinary Shares at a price of £2.38:

 

Name

Number of Ordinary Shares Held Prior to Purchase

 

Number of Ordinary Shares Purchased

Resultant Aggregate Holding of Ordinary Shares

 

Lynn Bruce

 

27,027 (0.12%)

22,973

50,000 (0.24%)

Simon Fine

 

233,407 (1.07%)

50,000

283,407 (1.34%)

David Kaye

 

7,994 (0.04%)

50,000

57,994 (0.27%)

Dr Zvi Marom

 

45,182 (0.21%)

50,000

95,182 (0.45%)

Michael van Messel and connected persons

 

218,502 (1.00%)

348,625

 

567,127 (2.68%)

James Rosenwald

 

138,412 (0.64%)

400,000

538,412 (2.55%)

 

Copies of PDMR notification forms for each of them are set out below.

An existing institutional shareholder in the Company has sold its entire holding of 1,543,196 Ordinary Shares at a price of £2.38.

Total Voting Rights

Following the transactions referred to above, the Company’s issued share capital (excluding shares held as treasury shares) as at 3 May 2017 consists of 21,147,193 Ordinary Shares which equates to the total number of voting rights in the Company.

The above figure of 21,147,193 may 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.

  

– Ends – 

Enquiries:

Shore Capital

Lynn Bruce

 

+44 (0) 14 8172 4222

 

Grant Thornton UK LLP (Nominated Adviser)

Philip Secrett

Jamie Barklem

Carolyn Sansom

 

+44 (0) 20 7383 5100

Bell Pottinger (Public Relations)

Jonathan Hodgkinson

 

+44 (0) 20 3772 250

About Shore Capital

Shore Capital is an AIM quoted independent investment group. Founded and majority owned by entrepreneurs, for three decades Shore Capital has been helping entrepreneurial businesses reach their full potential, find committed long term investors and develop into significant enterprises. The business offers innovative corporate advice; a leading market-making business; some of the most respected investment research available in the UK; and a diverse range of high quality investment opportunities, including its hugely successful VCTs and principal finance activities.

The Group is based in Guernsey, London, Liverpool, Edinburgh and Berlin. Shore Capital Stockbrokers Limited, Shore Capital and Corporate Limited, Shore Capital Limited and Puma Investment Management Limited are each authorised and regulated by the Financial Conduct Authority. Shore Capital Stockbrokers Limited is a member of the London Stock Exchange.

www.shorecap.gg

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Lynn Bruce

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Shore Capital Group Limited

b)

 

LEI

 

 

2138002TLQU3X2QPRE66

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

 

 

 

 

 

Identification code

GG00BGCZJ741

 

 

b)

 

Nature of the transaction

 

 

Purchase of Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

2.38

22,973

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

– Aggregated volume

 

 

 

– Price

 

 

 

e)

 

Date of the transaction

 

 

03 May 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Simon Fine

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Shore Capital Group Limited

b)

 

LEI

 

 

2138002TLQU3X2QPRE66

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

 

 

 

 

 

Identification code

GG00BGCZJ741

 

 

b)

 

Nature of the transaction

 

 

Purchase of Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

2.38

50,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

– Aggregated volume

 

 

 

– Price

 

 

 

e)

 

Date of the transaction

 

 

03 May 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

David Kaye

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Shore Capital Group Limited

b)

 

LEI

 

 

2138002TLQU3X2QPRE66

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

 

 

 

 

 

Identification code

GG00BGCZJ741

 

 

b)

 

Nature of the transaction

 

 

Purchase of Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

2.38

50,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

– Aggregated volume

 

 

 

– Price

 

 

 

e)

 

Date of the transaction

 

 

03 May 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Dr Zvi Marom

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Shore Capital Group Limited

b)

 

LEI

 

 

2138002TLQU3X2QPRE66

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

 

 

 

 

 

Identification code

GG00BGCZJ741

 

 

b)

 

Nature of the transaction

 

 

Purchase of Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

2.38

50,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

– Aggregated volume

 

 

 

– Price

 

 

 

e)

 

Date of the transaction

 

 

03 May 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

1)       Michael van Messel

2)       Joel van Messel

3)       Adina van Messel

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

1)       Senior Executive

2)       Adult child of senior executive

3)       Adult child of senior executive

 

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Shore Capital Group Limited

b)

 

LEI

 

 

2138002TLQU3X2QPRE66

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

 

 

 

 

 

Identification code

GG00BGCZJ741

 

 

b)

 

Nature of the transaction

 

 

Purchase of Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

2.38

1) 198,625

 

 

 

 

2)  75,000

 

 

 

 

3) 75,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

– Aggregated volume

 

 

 

– Price

 

 

 

e)

 

Date of the transaction

 

 

03 May 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

James Rosenwald

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Director

b)

 

Initial notification /Amendment

 

 

Initial

3

 

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

 

a)

 

Name

 

 

Shore Capital Group Limited

b)

 

LEI

 

 

2138002TLQU3X2QPRE66

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

 

 

 

 

 

Identification code

GG00BGCZJ741

 

 

b)

 

Nature of the transaction

 

 

Purchase of Shares

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

 

 

2.38

400,000

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

– Aggregated volume

 

 

 

– Price

 

 

 

e)

 

Date of the transaction

 

 

03 May 2017

f)

 

Place of the transaction

 

 

London Stock Exchange

 

 

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