7 May 2024
Pollen Street Group
Limited
Director/PDMR
Dealing
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Ian Gascoigne
|
2
|
Reason for the notification
|
a)
|
Position/status
|
PDMR
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Pollen Street Group
Limited
|
b)
|
LEI
|
894500LP94M98N8CY487
|
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
ISIN: GG00BMHG0H12
|
b)
|
Nature of the transaction
|
Sale of shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
GBP 6.7639
|
40,000
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
2 May 2024
|
f)
|
Place of the transaction
|
Off exchange (XOFF).
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
a)
|
Name
|
Ian Gascoigne
|
2
|
Reason for the notification
|
a)
|
Position/status
|
PDMR
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
|
Pollen Street Group
Limited
|
b)
|
LEI
|
894500LP94M98N8CY487
|
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
ISIN: GG00BMHG0H12
|
b)
|
Nature of the transaction
|
Sale of shares
|
c)
|
Price(s) and volume(s)
|
Price(s)
|
Volume(s)
|
GBP 6.708763
|
160,000
|
|
d)
|
Aggregated information
- Aggregated
volume
- Price
|
N/A
|
e)
|
Date of the transaction
|
7 May 2024
|
f)
|
Place of the transaction
|
Off exchange (XOFF).
|
Enquiries:
For
further information about this announcement please
contact:
Pollen Street
Shareholder Relations:
shareholders@pollencap.com / +44 (0)20 3728 6750
Pollen Street - Corporate
Development Director
Shweta Chugh
shweta.chugh@pollencap.com
+44 (0)7813581377
FGS Global - Communications
Advisor
Chris Sibbald
Chris.Sibbald@fgsglobal.com
+44 (0)7855955531
Barclays Bank plc - Joint
Broker
Neal West / Stuart Muress
+44 (0)20 7623 2323
Investec Bank plc - Joint Broker
Ben Griffiths / Bruce
Garrow
+44 (0)20 7597 4000
Link Company Matters Limited -
Company Secretary
polncosec@linkgroup.co.uk
About Pollen Street
Pollen Street is an alternative
asset manager dedicated to investing with the financial and
business services sectors across both private equity and private
credit strategies. The business was founded in 2013 and has
consistently delivered top tier returns alongside growing
AuM.
The Pollen Street group benefits
from a complementary set of asset management activities focused on
managing third-party AuM (the "Asset Manager") together with
on-balance sheet investments (the "Investment Company").
The Asset Manager raises capital
from top tier investors and deploys it into its private equity and
private credit strategies.
The Investment Company invests in
strategies aligned with core strategies of the group and today the
investment portfolio is aligned with the private credit strategy.
The portfolio is a well-diversified pool of primarily senior credit
assets to high quality borrowers generating strong returns together
with capital preservation. The portfolio consists of both direct
investments and investments in funds managed by Pollen
Street.