TIDMTENG

RNS Number : 7013A

Ten Lifestyle Group PLC

23 January 2020

23 January 2020

Ten Lifestyle Group plc

("Ten" or the "Company")

Director/PDMR Shareholding

Ten Lifestyle Group plc (AIM: TENG), a leading technology-enabled lifestyle and travel service platform for the world's wealthy and mass affluent, announces that it received notification yesterday of the following Director transactions which took place on 22 January 2020.

 
 Director                 Position          Ordinary            Resultant           Resultant beneficial 
                                           Shares sold    beneficial shareholding       shareholding 
                                                                                          % of ISC 
                      Chief Executive 
 Alex Cheatle              Officer          700,000             11,041,684                 13.69 
                    -------------------  -------------  -------------------------  --------------------- 
                     Chief Operational 
                         Officer and 
                       Chief Executive 
 Andrew Long           Officer (Asia)      1,000,000            3,862,249                   4.79 
                    -------------------  -------------  -------------------------  --------------------- 
                      Client Services 
 Sarah Hornbuckle         Director          100,000              701,483*                   0.87 
                    -------------------  -------------  -------------------------  --------------------- 
 

*Includes 44,000 Ordinary Shares held by Sarah's husband, John Harrison.

This denotes the first sale of ordinary shares of 0.1p each in the Company ("Ordinary Shares") made by any Director since the Company's IPO in November 2017. As laid out in the table above, the Directors still have sizeable shareholdings in the Company and remain excited by its future prospects.

The notification below, made in accordance with the Market Abuse Regulation, provides further details in relation to the sale of the Ordinary Shares.

For further information, please visit https://www.tengroup.com/ or contact:

 
 Ten Lifestyle Group Plc                        via Tavistock 
  Alex Cheatle, Chief Executive Officer          +44 (0)20 7479 
  Alan Donald, Chief Financial Officer           3427 
 
 Peel Hunt LLP, Nominated Advisor and Broker 
  Edward Knight 
  George Sellar                                 +44 (0) 20 7418 
  Nick Prowting                                  8900 
 Tavistock, Financial PR & IR 
  Jos Simson 
  Simon Hudson                                  +44 (0) 20 7920 
  Heather Armstrong                              3150 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                   Alex Cheatle 
       -------------------------------------  ---------------------------------------------- 
 2      Reason for the notification 
       ------------------------------------------------------------------------------------- 
 a)     Position/status                        Chief Executive Officer 
       -------------------------------------  ---------------------------------------------- 
 b)     Initial notification                    Initial Notification 
         /Amendment 
       -------------------------------------  ---------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------- 
 a)     Name                                    Ten Lifestyle Group Plc 
       -------------------------------------  ---------------------------------------------- 
 b)     LEI                                    213800YK94ZUOJUMN686 
       -------------------------------------  ---------------------------------------------- 
 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 0.1p each ("Ordinary 
         financial instrument,                  Shares") 
         type of instrument 
       -------------------------------------  ---------------------------------------------- 
 
        Identification code                    ISIN: GB00BF188X60 
       -------------------------------------  ---------------------------------------------- 
 
 b)     Nature of the transaction              Sale of Ordinary Shares 
       -------------------------------------  ---------------------------------------------- 
 c)     Price(s) and volume(s) 
----   -------------------------------------   ---------------------  -------------------- 
                                                Price(s)               Volume(s) 
----   -------------------------------------   ---------------------  -------------------- 
     GBP1.20                                                           700,000 
    ----------------------------------------------------------------  -------------------- 
 
 d)     Aggregated information 
       -------------------------------------------------------------  ---------------------- 
 
   - Aggregated volume                    700,000 
  -------------------------------------  --------------------------------------------------- 
 
   - Price                                GBP1.20 
  -------------------------------------  --------------------------------------------------- 
 
 e)     Date of the transaction                22 January 2020 
       -------------------------------------  ---------------------------------------------- 
 f)     Place of the transaction               London Stock Exchange (XLON); AIM 
       -------------------------------------  ---------------------------------------------- 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                   Andrew Long 
       -------------------------------------  ------------------------------------------------ 
 2      Reason for the notification 
       --------------------------------------------------------------------------------------- 
 a)     Position/status                        Group Chief Operational Officer and Chief 
                                                Executive Officer (Asia) 
       -------------------------------------  ------------------------------------------------ 
 b)     Initial notification                    Initial Notification 
         /Amendment 
       -------------------------------------  ------------------------------------------------ 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       --------------------------------------------------------------------------------------- 
 a)     Name                                    Ten Lifestyle Group Plc 
       -------------------------------------  ------------------------------------------------ 
 b)     LEI                                    213800YK94ZUOJUMN686 
       -------------------------------------  ------------------------------------------------ 
 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 0.1p each ("Ordinary 
         financial instrument,                  Shares") 
         type of instrument 
       -------------------------------------  ------------------------------------------------ 
 
        Identification code                    ISIN: GB00BF188X60 
       -------------------------------------  ------------------------------------------------ 
 
 b)     Nature of the transaction              Sale of Ordinary Shares 
       -------------------------------------  ------------------------------------------------ 
 c)     Price(s) and volume(s) 
----   -------------------------------------   ----------------------  --------------------- 
                                                Price(s)                Volume(s) 
----   -------------------------------------   ----------------------  --------------------- 
     GBP1.20                                                            1,000,000 
    -----------------------------------------------------------------  --------------------- 
 
 d)     Aggregated information 
       --------------------------------------------------------------  ----------------------- 
 
   - Aggregated volume                    1,000,000 
  -------------------------------------  ----------------------------------------------------- 
 
   - Price                                GBP1.20 
  -------------------------------------  ----------------------------------------------------- 
 
 e)     Date of the transaction                22 January 2020 
       -------------------------------------  ------------------------------------------------ 
 f)     Place of the transaction               London Stock Exchange (XLON); AIM 
       -------------------------------------  ------------------------------------------------ 
 
 
 1      Details of the person discharging managerial responsibilities 
         / person closely associated 
 a)     Name                                   Sarah Hornbuckle 
       -------------------------------------  ---------------------------------------------- 
 2      Reason for the notification 
       ------------------------------------------------------------------------------------- 
 a)     Position/status                        Client Services Director 
       -------------------------------------  ---------------------------------------------- 
 b)     Initial notification                    Initial Notification 
         /Amendment 
       -------------------------------------  ---------------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       ------------------------------------------------------------------------------------- 
 a)     Name                                    Ten Lifestyle Group Plc 
       -------------------------------------  ---------------------------------------------- 
 b)     LEI                                    213800YK94ZUOJUMN686 
       -------------------------------------  ---------------------------------------------- 
 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 0.1p each ("Ordinary 
         financial instrument,                  Shares") 
         type of instrument 
       -------------------------------------  ---------------------------------------------- 
 
        Identification code                    ISIN: GB00BF188X60 
       -------------------------------------  ---------------------------------------------- 
 
 b)     Nature of the transaction              Sale of Ordinary Shares 
       -------------------------------------  ---------------------------------------------- 
 c)     Price(s) and volume(s) 
----   -------------------------------------   ---------------------  -------------------- 
                                                Price(s)               Volume(s) 
----   -------------------------------------   ---------------------  -------------------- 
     GBP1.20                                                           100,000 
    ----------------------------------------------------------------  -------------------- 
 
 d)     Aggregated information 
       -------------------------------------------------------------  ---------------------- 
 
   - Aggregated volume                    100,000 
  -------------------------------------  --------------------------------------------------- 
 
   - Price                                GBP1.20 
  -------------------------------------  --------------------------------------------------- 
 
 e)     Date of the transaction                22 January 2020 
       -------------------------------------  ---------------------------------------------- 
 f)     Place of the transaction               London Stock Exchange (XLON); AIM 
       -------------------------------------  ---------------------------------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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