IPX Impax Asset Management Group Plc

TIDMIPX

RNS Number : 1685I

Impax Asset Management Group plc

01 December 2022

1 December 2022

Impax Asset Management Group plc

Director / PDMR disclosure

Grant of shares

Impax Asset Management Group plc (the "Company") announces that it has awarded grants under the Company's restricted share scheme ("RSS") to the following PDMRs:

 
 PDMR       Number of shares granted under   Date of Grant 
                       RSS Award 
 Ian Simm               12,250                30 November 
                                                  2022 
           -------------------------------  -------------- 
 

One-third of the Shares will vest in three years, a further third will vest in four years and the final third will vest in five years.

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.

 
 1.   Details of PDMR / person closely associated with them 
       ('PCA') 
 a)   Name                        Ian Simm 
     --------------------------  -------------------------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position / status           Chief Executive 
     --------------------------  -------------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  -------------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------ 
 a)   Name                        Impax Asset Management Group plc 
     --------------------------  -------------------------------------------- 
 b)   LEI                         213800AJDNW4S2B7E680 
     --------------------------  -------------------------------------------- 
 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          Ordinary Shares of 1p each in Impax 
       financial instrument,       Asset Management Group plc 
       type of financial 
       instrument                  IPX 
       Identification Code         GB0004905260 
     --------------------------  -------------------------------------------- 
 b)   Nature of the transaction   Ian Simm has been awarded 12,250 restricted 
                                   ordinary shares. 
 
                                   One-third of the Shares will vest in 
                                   three years, a further third will vest 
                                   in four years and the final third will 
                                   vest in five years. 
     --------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)        Volume(s) 
                                    0p (nil) per 
                                     share          12,250 
                                                   ---------- 
     --------------------------  -------------------------------------------- 
 d)   Aggregated information      Aggregated volume: 12,250 
       Aggregated volume 
       Price                       Aggregated price: 0p (nil) 
 
                                   Total aggregated price: 0p (nil) 
     --------------------------  -------------------------------------------- 
 e)   Date of the transaction     30 November 2022 
     --------------------------  -------------------------------------------- 
 f)   Place of the transaction    Outside of trading venue 
     --------------------------  -------------------------------------------- 
 

LEI number: 213800AJDNW4S2B7E680

-ENDS-

Impax Asset Management Group plc

Ian Simm, Chief Executive +44 (0)20 3912 3000

   Paul French, Head of Corporate Communications          +44 (0)20 3912 3032 

p.french@impaxam.com

Montfort Communications

Gay Collins +44(0)77 9862 6282

Lesley Wang +44(0)77 5232 9851

impax@montfort.london

Peel Hunt LLP, Nominated Adviser and Joint Broker

Paul Shackleton +44 (0)20 7418 8900

John Welch

Berenberg, Joint Broker

Alex Reynolds +44 (0)20 3207 7800

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END

DSHFDMFASEESEIF

(END) Dow Jones Newswires

December 01, 2022 02:00 ET (07:00 GMT)

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