ARE.L

Arena Events Group Plc
Arena Events Group - Director/PDMR Shareholding
22nd February 2022, 16:55
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RNS Number : 4754C
Arena Events Group PLC
22 February 2022
 

22 February 2022

ARENA EVENTS GROUP PLC

 

(the "Company") 

Director/PDMR Shareholding

Arena Events Group plc (AIM: ARE) has been notified that, on 22 February 2022, Steve Trowbridge, CFO, transferred 164,232 ordinary shares of 1 penny each in the Company ("Ordinary Shares") to Sarah Trowbridge, a person closely associated with Steve Trowbridge, for nil consideration. Following the transfer, Steve Trowbridge's beneficial interest of 256,613 Ordinary Shares, remains the same.

For the purposes of Rule 2.10(c) of the City Code on Takeovers and Mergers, the transferred shares remain subject to the irrevocable undertaking given by Steve Trowbridge in support of the acquisition of the Company by Theta BidCo Limited.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Steve Trowbridge

2

 

Reason for the notification

 

a)

 

Position/status

 

CFO

 

b)

 

Initial notification /Amendment

 

Initial

3

 

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

 

a)

 

Name

 

Arena Events Group plc

b)

 

LEI

 

213800Z94NF6F4C9AD43

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 pence each

 

 

GB00BF0HYJ24

 

b)

 

Nature of the transaction

 

Transfer of ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

 

Nil

164,232

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A - single transaction

e)

 

Date of the transaction

 

 

22 February 2022

f)

 

Place of the transaction

 

 

n/a

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Sarah Trowbridge

2

 

Reason for the notification

 

a)

 

Position/status

 

Person closely associated with Steve Trowbridge, CFO

 

b)

 

Initial notification /Amendment

 

Initial

3

 

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

 

a)

 

Name

 

Arena Events Group plc

b)

 

LEI

 

213800Z94NF6F4C9AD43

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 pence each

 

 

GB00BF0HYJ24

 

b)

 

Nature of the transaction

 

Receipt of ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

 

Nil

164,232

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A - single transaction

e)

 

Date of the transaction

 

 

22 February 2022

f)

 

Place of the transaction

 

 

n/a

 

 

Enquires:

Arena Events Group plc

 

Cenkos Securities (Nomad and Broker)

 Via Alma

 

 +44(0)207 397 8900

Derrick Lee, Max Gould (Corporate Finance)

Julian Morse (Sales)

 

 

 

Alma PR (Financial PR)

+44(0)208 004 4217

 

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