Young & Co's Brew. Director/PDMR Shareholding
06 December 2016 - 9:52PM
UK Regulatory
TIDMYNGA
Young & Co.'s Brewery, P.L.C.
(the "Company")
Notification by a PDMR
Circumstances giving rise to the notification
Torquil Sligo-Young, the Company's Information Resources
Director, (Torquil) has today notified the Company that he and his
step-mother, Helena Young (Helena), have today, for no value,
disposed of 60,640 A shares of 12.5p each and 56,796 non-voting
shares of 12.5p each in the Company's capital.
By way of background, in February 2015 Torquil and Helena were
granted probate in respect of the estate of Thomas Young (Thomas).
Thomas was the joint registered holder of the shares referred to
above with John Anthony Goldsmith (John) - they held the shares as
trustees. It was established in June 2016 that John predeceased
Thomas and that, as such, Torquil and Helena, as legal personal
representatives of Thomas, were the only people whom the Company
would recognise as being entitled to the shares. Today, Torquil and
Helena have exercised their statutory power to appoint two others
to act as trustees of the trust concerned, and executed, in their
favour, stock transfer forms in respect of the shares.
Notification
In connection with the above, the Company today received the
following notification:
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Torquil Charles fflorance Barrow Sligo-Young
2 Reason for the notification
a) Position/status Information Resources Director
b) Initial notification / Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Young & Co.'s Brewery, P.L.C.
b) LEI 213800JMZDORXCMKFW06
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 A ordinary shares of 12.5p each in the issuer's capital
Identification code
GB00B2NDK765
b) Nature of the transaction Disposal
c) Price(s) and volume(s) Price(s)
Volume(s)
nil
60,640
d) Aggregated information
- Aggregated volume 60,640
- Price nil
e) Date of the transaction 6 December 2016; 10:23 GMT
f) Place of the transaction Outside a trading venue
5 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 Non-voting ordinary shares of 12.5p each in the issuer's capital.
Identification code
GB00B2NDK989
b) Nature of the transaction Disposal
c) Price(s) and volume(s) Price(s)
Volume(s)
nil
56,796
d) Aggregated information
- Aggregated volume 56,796
- Price nil
e) Date of the transaction 6 December 2016; 10:23 GMT
f) Place of the transaction Outside a trading venue
Anthony Schroeder
Company Secretary
Tuesday, 6 December 2016
Tel: 020 8875 7000
View source version on businesswire.com:
http://www.businesswire.com/news/home/20161206005680/en/
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(END) Dow Jones Newswires
December 06, 2016 05:52 ET (10:52 GMT)