11 March 2025
LEI: 213800LFMHKVNTZ7GV45
River Global PLC ("River
Global" or the "Company")
NOTIFICATION OF TRANSACTIONS
OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMR") AND OF
PERSONS CLOSELY ASSOCIATED ("PCA")
The Company announces that it has
received notification that, following a share reorganisation of
Ordinary Shares into A Ordinary Shares and B Shares, North Atlantic
Smaller Companies Investment Trust PLC, Oryx International Growth
Fund Limited and Harwood Capital LLP, PCA's to Christopher Mills, a
Director of the Company, are collectively interested in 26,964,500
A Ordinary and 27,464,500 B shares in the Company ("Shares") on 7
March 2025.
On 7 March 2025, North Atlantic
Smaller Companies Investment Trust PLC, PCA to Christopher Mills,
purchased 500,000 B Shares in the Company at a price of 35 pence
per share which are included in the figures above.
The following table highlights the
current holdings by PCA's of Christopher Mills following the
reorganisation and additional share purchased by North Atlantic
Smaller Companies Investment Trust PLC.
|
PDMR
|
PDMR/PCA
|
Number of Shares held
|
|
Christopher Mills
|
North Atlantic Smaller Companies
Investment Trust PLC (PCA to Christopher Mills)
|
20,000,000 A Ordinary
Shares
20,500,000 B Shares
|
|
Christopher Mills
|
Harwood Capital LLP (PCA to
Christopher Mills)
|
114,500 A Ordinary Shares
114,500 B Shares
|
|
Christopher Mills
|
Oryx International Growth Fund
Limited (PCA to Christopher Mills)
|
6,000,000 A Ordinary
Shares
6,000,000 B Shares
|
|
Christopher Mills
|
Eveswise Pension Trustees
|
850,000
|
Following the Company's recent share
reorganisation, Christopher Mills and PCA's have an interest of
26,964,500 A Ordinary Shares, representing 18.06% of the issued A
Ordinary Shares in the Company and 27,464,500 B Shares, representing
18.39% of the issued B shares in the Company.
Formal notification in respect of
the PDMR and the PCA are set out below in accordance with the
requirements of the Market Abuse Regulation.
For further information, please
contact:
|
River Global PLC
Gary Marshall, CFOO
Martin Gilbert, Chairman
Tel: +44 (0) 7788 338157
|
Deutsche Numis
Nominated adviser and joint broker
Giles Rolls / Charles
Farquhar
Tel: +44 (0) 20 7260 1000
|
|
|
|
|
Panmure Liberum Limited
Joint broker
Atholl Tweedie
Tel: +44 (0) 20 7886 2500
|
H/Advisors
Neil Bennett
Rachel Cohen
Tel: +44 (0) 20 7379
55151
|
|
|
For further details, visit the
website, www.river.global
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
North Atlantic Smaller Companies
Investment Trust Plc, PCA to Christopher Mills
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
PCA to PDMR
|
|
b)
|
Initial notification
/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
River Global PLC
|
|
b)
|
LEI
|
213800LFMHKVNTZ7GV45
|
|
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
|
B shares of £0.005 each
|
|
|
|
|
Identification code
|
B shares GB00BTDR2S27
|
|
|
|
|
b)
|
Nature of the transaction
|
Shares awarded through Company share
reorganisation
Purchase of Shares
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
£0.35
|
500,000 (B Shares)
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
£0.35
|
|
|
|
|
- Price
|
£175,000
|
|
|
|
|
e)
|
Date of the transaction
|
7 March 2025
|
|
f)
|
Place of the transaction
|
London Stock Exchange
|
