TIDMAML

RNS Number : 1056I

Aston Martin Lagonda Global Hld PLC

09 December 2020

9 December 2020

Aston Martin Lagonda Global Holdings plc

Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

Aston Martin Lagonda Global Holdings plc (the "Company") announces the following transactions by a Director, PDMR and/or person closely associated with them in connection with the placing announced on 27 October 2020, notified to the Company today.

Enquiries:

 
 Investors and Analysts 
  Charlotte Cowley,                       +44 (0)7771 976764 
  Director of Investor Relations          charlotte.cowley@astonmartin.com 
 Media 
  Kevin Watters,                          +44 (0)7764 386683 
  Director of Communications              kevin.watters@astonmartin.com 
 Grace Barnie,                           +44 (0)7880 903490 
  Corporate Communications Manager        grace.barnie@astonmartin.com 
 Tulchan Communications 
  Harry Cameron and Simon Pilkington      +44 (0)20 73534200 
 
 

Aston Martin Lagonda Global Holdings plc

Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                            Yew Tree Overseas Limited ("Yew Tree"), 
                                       a company incorporated in the British 
                                       Virgin Islands. 
     ------------------------------  ----------------------------------------------- 
 b)   Position / status               The notification concerns a PCA of Lawrence 
                                       Stroll, Executive Chairman of the Company. 
     ------------------------------  ----------------------------------------------- 
 c)   Initial notification            Initial notification. 
       / amendment 
     ------------------------------  ----------------------------------------------- 
 2    Details of the issuer, emission allowance market participant, 
  .    auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------- 
 a)   Name                            Aston Martin Lagonda Global Holdings 
                                       plc 
     ------------------------------  ----------------------------------------------- 
 b)   LEI                             213800167WOVOK5ZC776 
     ------------------------------  ----------------------------------------------- 
 3.   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                     Ordinary shares of GBP0.009039687 each 
       of the financial                in the capital of the Company. 
       instrument                      ISIN: GB00BFXZC448 
       Identification 
       Code 
     ------------------------------  ----------------------------------------------- 
 b)   Nature of the                   As notified to the Company in a PDMR 
       transaction                     notification on 30 October 2020, on 27 
                                       October 2020, Yew Tree gave an irrevocable 
                                       undertaking to subscribe for shares in 
                                       the placing of the Company announced 
                                       on 27 October 2020 (the "Placing"). As 
                                       set out in the announcement, the Placing 
                                       was subject to shareholder approval and 
                                       the satisfaction of certain other conditions. 
                                       On 9 November 2020, Yew Tree agreed, 
                                       subject to completion of the Placing, 
                                       to syndicate some of the shares for which 
                                       it has agreed to subscribe under the 
                                       Placing to other members of the consortium 
                                       of shareholders in the Company led by 
                                       Yew Tree (the "Syndication Transfers"). 
                                       The Syndication Transfers are further 
                                       described in the announcement of the 
                                       Placing published by the Company on 27 
                                       October 2020. 
                                       The Syndication Transfers completed on 
                                       9 December 2020 and details of them are 
                                       set out below. 
     ------------------------------  ----------------------------------------------- 
 c)   Price(s) and                     Price(s)            Volume(s) 
       volume(s)                        GBP0.50 per share   Disposal: 1,240,784 
                                                           -------------------- 
                                        GBP0.50 per share   Disposal: 1,525,552 
                                                           -------------------- 
                                        GBP0.50 per share   Disposal: 457,665 
                                                           -------------------- 
                                        GBP0.50 per share   Disposal: 2,117,979 
                                                           -------------------- 
                                        GBP0.50 per share   Disposal: 1,525,552 
                                                           -------------------- 
                                        GBP0.50 per share   Disposal: 1,271,295 
                                                           -------------------- 
                                        GBP0.50 per share   Disposal: 610,220 
                                                           -------------------- 
     ------------------------------  ----------------------------------------------- 
 d)        Aggregated information     Aggregate disposal: 8,749,047 ordinary 
             *    Aggregated volume    shares for GBP4,374,525.89. 
 
 
             *    Price 
     ------------------------------  ----------------------------------------------- 
 e)   Date of the                     2020-12-09 (GMT) 
       transaction 
     ------------------------------  ----------------------------------------------- 
 f)   Place of the                    London 
       transaction 
     ------------------------------  ----------------------------------------------- 
 

Aston Martin Lagonda Global Holdings plc

Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

 
 1.   Details of PDMR / person closely associated with them 
       ("PCA") 
 a)   Name                            Saint James Invest SA ("Saint James"), 
                                       a société anonyme incorporated 
                                       in Switzerland. 
     ------------------------------  ------------------------------------------------ 
 b)   Position / status               The notification concerns a PCA of Michael 
                                       de Picciotto, representative non-executive 
                                       director of the Yew Tree Consortium on 
                                       the board of the Company. 
     ------------------------------  ------------------------------------------------ 
 c)   Initial notification            Initial notification. 
       / amendment 
     ------------------------------  ------------------------------------------------ 
 2    Details of the issuer, emission allowance market participant, 
  .    auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------- 
 a)   Name                            Aston Martin Lagonda Global Holdings 
                                       plc 
     ------------------------------  ------------------------------------------------ 
 b)   LEI                             213800167WOVOK5ZC776 
     ------------------------------  ------------------------------------------------ 
 3.   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                     Ordinary shares of GBP0.009039687 each 
       of the financial                in the capital of the Company. 
       instrument                      ISIN: GB00BFXZC448 
       Identification 
       Code 
     ------------------------------  ------------------------------------------------ 
 b)   Nature of the                   On 9 November 2020, Saint James agreed 
       transaction                     to acquire 1,240,784 ordinary shares 
                                       in the capital of the Company from Yew 
                                       Tree Overseas Limited as part of a syndication 
                                       which is conditional on completion of 
                                       the placing of the Company announced 
                                       on 27 October 2020 (the "Placing"). The 
                                       syndication of which this transaction 
                                       forms part is further described in the 
                                       announcement of the Placing published 
                                       by the Company on 27 October 2020 and 
                                       completed on 9 December 2020. 
                                       In addition, Saint James has subscribed 
                                       for a number of warrants for shares in 
                                       the Company. The warrants are described 
                                       in more detail in the prospectus published 
                                       by the Company on 18 November 2020. 
     ------------------------------  ------------------------------------------------ 
 c)   Price(s) and                     Price(s)            Volume(s) 
       volume(s)                        GBP0.50 per share   Acquisition: 1,240,784 
                                                           ----------------------- 
                                        $0.38 per warrant   Acquisition: 567,079 
                                                           ----------------------- 
     ------------------------------  ------------------------------------------------ 
 d)        Aggregated information     Aggregate acquisition: 1,240,784 ordinary 
             *    Aggregated volume    shares for GBP620,392.43 and 567,079 
                                       warrants for $1,500,000. 
 
             *    Price 
     ------------------------------  ------------------------------------------------ 
 e)   Date of the                     2020-12-07 (GMT) in respect of the warrants. 
       transaction                     2020-12-09 (GMT) in respect of the shares. 
     ------------------------------  ------------------------------------------------ 
 f)   Place of the                    London 
       transaction 
     ------------------------------  ------------------------------------------------ 
 

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