TIDMDTL

RNS Number : 5337A

Dexion Trading Limited

30 March 2012

Annex DTR3

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

 
  1. Name of the issuer DEXION                            2. State whether the notification 
   TRADING LIMITED                                         relates to (i) a 
                                                           transaction notified in accordance 
                                                           with DTR 3.1.2 R, 
                                                           (ii) a disclosure made in accordance 
                                                           with LR 
                                                           9.8.6R(1) or (iii) a disclosure 
                                                           made in accordance 
                                                           with section 793 of the Companies 
                                                           Act (2006). 
                                                           (i) 
-----------------------------------------------  --------------------------------------------------------------------- 
  3. Name of person discharging                           4. State whether notification 
   managerial responsibilities/director                    relates to a person 
   PERMAL INVESTMENT MANAGEMENT                            connected with a person discharging 
   SERVICES LIMITED AND PERMAL ASSET                       managerial 
   MANAGEMENT INC                                          responsibilities/director named 
                                                           in 3 and identify the 
                                                           connected person 
                                                           THE BENEFICIAL OWNERS OF THE 
                                                           SHARES ARE: 
                                                           PERMAL SELECT OPPORTUNITIES LTD 
                                                           PERMAL HEDGE FUND OPPORTUNITIES 
                                                           LTD AND PERMAL HEDGE FUND OPPORTUNITIES 
                                                           II LTD 
-----------------------------------------------  --------------------------------------------------------------------- 
   5. Indicate whether the notification                   6. Description of shares (including 
    is in respect of a                                     class), debentures or 
    holding of the person referred                         derivatives or financial instruments 
    to in 3 or 4 above or in respect                       relating to shares 
    of a non-beneficial interest(1)                        ORDINARY SHARES OF 
    NON-BENEFICIAL INTEREST                                NO PAR VALUE IN THE CAPITAL OF 
                                                           THE 
                                                           COMPANY DENOMINATED IN STERLING 
                                                           ("STERLING SHARES") 
-----------------------------------------------  --------------------------------------------------------------------- 
       7. Name of registered shareholders(s)                                          8. State the nature of the 
        and, if more                                                                  transaction 
        than one, the number of shares                                                PURCHASE OF SHARES 
        held by each of 
        them 
        PERMAL SELECT OPPORTUNITIES 
        LTD 
        PERMAL HEDGE FUND OPPORTUNITIES 
        LTD AND PERMAL HEDGE FUND OPPORTUNITIES 
        II LTD 
-----------------------------------------------  --------------------------------------------------------------------- 
   9. Number of shares, debentures                        10. 10. Percentage of issued 
    or financial instruments relating                      class acquired (treasury shares 
    to shares acquired                                     of that class should not be taken 
    N/A                                                    into account when calculating 
                                                           percentage) 
 
                                                           1.39 
-----------------------------------------------  --------------------------------------------------------------------- 
   11. Number of shares, debentures                       12. 12. Percentage of issued 
    or financial instruments relating                      class disposed (treasury shares 
    to shares disposed                                     of that class should not be taken 
    N/A                                                    into account when calculating 
                                                           percentage) 
                                                           N/A 
-----------------------------------------------  --------------------------------------------------------------------- 
  13. Price per share or value                    14. Date and place of transaction 
   of transaction                                  27 MARCH 2012 LSE 
   119P PER SHARE 
-----------------------------------------------  --------------------------------------------------------------------- 
   15. Total holding following notification       16. Date issuer informed of transaction 
    and total percentage holding                   30 MARCH 2012 
    following notification (any treasury 
    shares should not be taken into 
    account when calculating percentage) 
    3,435,000 ORDINARY SHARES OF 
    NO PAR VALUE IN THE COMPANY (3.59%) 
-----------------------------------------------  --------------------------------------------------------------------- 
 

If a person discharging managerial responsibilities has been granted options by the issuer, complete the following boxes:

 
   17. Date of grant                  18. Period during which or date 
                                       on which exercisable 
-----------------------------------  --------------------------------------------- 
   19. Total amount paid (if any)             20. Description of shares or 
    for grant of the option                    debentures involved (class 
                                               and number) 
-----------------------------------  --------------------------------------------- 
   21. Exercise price (if fixed               22. Total number of shares or 
    at time of grant) or indication            debentures over which 
    that price is to be fixed at               options held following notification 
    the time of 
    exercise 
-----------------------------------  --------------------------------------------- 
   23. Any additional information     24. Name of contact and telephone 
                                       number for queries 
    N/A 
                                       CAROL KILBY +44 (0) 1481 743943 
-----------------------------------  --------------------------------------------- 
 

Name of authorised official of issuer responsible for making notification

DEXION CAPITAL (GUERNSEY) LIMITED AS COMPANY SECRETARY TO DEXION TRADING LIMITED

Date of notification ____30 March 2012______________________________________

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

(1) An issuermaking a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2) An issuermaking a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3) An issuermaking a notification in respect of options granted to a director/person

discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

   (4)                                   An issuermaking a notification in respect of a financial instrumentrelating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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