TIDMHONY

RNS Number : 2162B

Honeycomb Investment Trust PLC

28 January 2020

Honeycomb Investment Trust plc

(the "Company")

Notification of Transaction of Persons Discharging Managerial Responsibilities ("PDMRs") and Persons Closely Associated ("PCAs")

Further to the Company's announcement on 27 January 2020, the Company has been notified that certain PDMRs and PCAs acquired ordinary shares of one penny each ("Ordinary Shares") in the Company at a price of 850p per Ordinary Share, as follows:

 
 Name                               Number of Ordinary 
                                       Shares acquired 
 Lindsey McMurray & Jorge Villon               235,294 
                                   ------------------- 
 Matthew Potter                                 87,794 
                                   ------------------- 
 James Scott                                    58,529 
                                   ------------------- 
 Ian Gascoigne                                  58,529 
                                   ------------------- 
 Michael England                                52,941 
                                   ------------------- 
 Hap Limited*                                   25,765 
                                   ------------------- 
 

*Hap Limited is a person closely associated with PDMR Steve Plowman, Chief Operating Officer of Honeycomb Investment Trust plc's investment manager, Pollen Street Capital Limited. Hap Limited is owned 50/50 by Steve Plowman and his wife Samantha Plowman, who is a person closely associated with Steve Plowman.

The notification is made in accordance with the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                                  Lindsey McMurray & Jorge Villon 
     ---------------------------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------------ 
 a)   Position/status                          Lindsey McMurray is the Managing Partner 
                                                of Pollen Street Capital Limited, the 
                                                investment manager of Honeycomb Investment 
                                                Trust plc. Jorge Villon is Lindsey McMurray's 
                                                husband and a person closely associated 
                                                with Lindsey McMurray 
     ---------------------------------------  ------------------------------------------------- 
 b)   Initial notification/amendment           Initial Notification 
     ---------------------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------------ 
 a)   Name                                     Honeycomb Investment Trust plc 
     ---------------------------------------  ------------------------------------------------- 
 b)   LEI                                      213800BSSM76JMYMSO76 
     ---------------------------------------  ------------------------------------------------- 
 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                           Ordinary Shares 
       the financial instrument                 Identification code: GB00BYZV3G25 
     ---------------------------------------  ------------------------------------------------- 
 b)   Nature of the transaction                Purchase of shares 
     ---------------------------------------  ------------------------------------------------- 
 c)   Price(s) and volume(s)                    Price                        Volume 
                                                 850 pence                    235,294 
     ---------------------------------------  ----------------------------  ------------------- 
 d)   Currency                                 GBP 
     ---------------------------------------  ----------------------------  ------------------- 
 e)   Aggregated information                   N/A 
     ---------------------------------------  ------------------------------------------------- 
 f)   Date of the transaction                  27 January 2020 
     ---------------------------------------  ------------------------------------------------- 
 g)   Place of the transaction                 London Stock Exchange - XLON 
     ---------------------------------------  ------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                                   Matthew Potter 
     ----------------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status                           Matthew Potter is a partner of Pollen 
                                                 Street Capital Limited, the investment 
                                                 manager of Honeycomb Investment Trust 
                                                 plc 
     ----------------------------------------  ------------------------------------------ 
 b)   Initial notification/amendment            Initial Notification 
     ----------------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                                      Honeycomb Investment Trust plc 
     ----------------------------------------  ------------------------------------------ 
 b)   LEI                                       213800BSSM76JMYMSO76 
     ----------------------------------------  ------------------------------------------ 
 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                            Ordinary Shares 
       the financial instrument                  Identification code: GB00BYZV3G25 
     ----------------------------------------  ------------------------------------------ 
 b)   Nature of the transaction                 Purchase of shares 
     ----------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                     Price                    Volume 
                                                  850 pence                87,794 
     ----------------------------------------  ------------------------  ---------------- 
 d)   Currency                                  GBP 
     ----------------------------------------  ------------------------  ---------------- 
 e)   Aggregated information                    N/A 
     ----------------------------------------  ------------------------------------------ 
 f)   Date of the transaction                   27 January 2020 
     ----------------------------------------  ------------------------------------------ 
 g)   Place of the transaction                  London Stock Exchange - XLON 
     ----------------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                                   James Scott 
     ----------------------------------------  -------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------------- 
 a)   Position/status                           James Scott is a partner of Pollen Street 
                                                 Capital Limited, the investment manager 
                                                 of Honeycomb Investment Trust plc 
     ----------------------------------------  -------------------------------------------- 
 b)   Initial notification/amendment            Initial Notification 
     ----------------------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------------- 
 a)   Name                                      Honeycomb Investment Trust plc 
     ----------------------------------------  -------------------------------------------- 
 b)   LEI                                       213800BSSM76JMYMSO76 
     ----------------------------------------  -------------------------------------------- 
 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                            Ordinary Shares 
       the financial instrument                  Identification code: GB00BYZV3G25 
     ----------------------------------------  -------------------------------------------- 
 b)   Nature of the transaction                 Purchase of shares 
     ----------------------------------------  -------------------------------------------- 
 c)   Price(s) and volume(s)                     Price                      Volume 
                                                  850 pence                  58,529 
     ----------------------------------------  --------------------------  ---------------- 
 d)   Currency                                  GBP 
     ----------------------------------------  --------------------------  ---------------- 
 e)   Aggregated information                    N/A 
     ----------------------------------------  -------------------------------------------- 
 f)   Date of the transaction                   27 January 2020 
     ----------------------------------------  -------------------------------------------- 
 g)   Place of the transaction                  London Stock Exchange - XLON 
     ----------------------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                                   Ian Gascoigne 
     ----------------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status                           Ian Gascoigne is a partner of Pollen 
                                                 Street Capital Limited, the investment 
                                                 manager of Honeycomb Investment Trust 
                                                 plc 
     ----------------------------------------  ------------------------------------------ 
 b)   Initial notification/amendment            Initial Notification 
     ----------------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                                      Honeycomb Investment Trust plc 
     ----------------------------------------  ------------------------------------------ 
 b)   LEI                                       213800BSSM76JMYMSO76 
     ----------------------------------------  ------------------------------------------ 
 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                            Ordinary Shares 
       the financial instrument                  Identification code: GB00BYZV3G25 
     ----------------------------------------  ------------------------------------------ 
 b)   Nature of the transaction                 Purchase of shares 
     ----------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                     Price                    Volume 
                                                  850 pence                58,529 
     ----------------------------------------  ------------------------  ---------------- 
 d)   Currency                                  GBP 
     ----------------------------------------  ------------------------  ---------------- 
 e)   Aggregated information                    N/A 
     ----------------------------------------  ------------------------------------------ 
 f)   Date of the transaction                   27 January 2020 
     ----------------------------------------  ------------------------------------------ 
 g)   Place of the transaction                  London Stock Exchange - XLON 
     ----------------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                                   Michael England 
     ----------------------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------ 
 a)   Position/status                           Michael England is a partner of Pollen 
                                                 Street Capital Limited, the investment 
                                                 manager of Honeycomb Investment Trust 
                                                 plc 
     ----------------------------------------  ------------------------------------------ 
 b)   Initial notification/amendment            Initial Notification 
     ----------------------------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------ 
 a)   Name                                      Honeycomb Investment Trust plc 
     ----------------------------------------  ------------------------------------------ 
 b)   LEI                                       213800BSSM76JMYMSO76 
     ----------------------------------------  ------------------------------------------ 
 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                            Ordinary Shares 
       the financial instrument                  Identification code: GB00BYZV3G25 
     ----------------------------------------  ------------------------------------------ 
 b)   Nature of the transaction                 Purchase of shares 
     ----------------------------------------  ------------------------------------------ 
 c)   Price(s) and volume(s)                     Price                    Volume 
                                                  850 pence                52,941 
     ----------------------------------------  ------------------------  ---------------- 
 d)   Currency                                  GBP 
     ----------------------------------------  ------------------------  ---------------- 
 e)   Aggregated information                    N/A 
     ----------------------------------------  ------------------------------------------ 
 f)   Date of the transaction                   27 January 2020 
     ----------------------------------------  ------------------------------------------ 
 g)   Place of the transaction                  London Stock Exchange - XLON 
     ----------------------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name(s)                                   Hap Limited 
     ----------------------------------------  ------------------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------------------------------ 
 a)   Position/status                           Hap Limited is a person closely associated 
                                                 with PDMR Steve Plowman, Chief Operating 
                                                 Officer of Honeycomb Investment Trust 
                                                 plc's investment manager, Pollen Street 
                                                 Capital Limited. Hap Limited is owned 
                                                 50/50 by Steve Plowman and his wife Samantha 
                                                 Plowman, who is a person closely associated 
                                                 with Steve Plowman. 
     ----------------------------------------  ------------------------------------------------ 
 b)   Initial notification/amendment            Initial Notification 
     ----------------------------------------  ------------------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------------------------ 
 a)   Name                                      Honeycomb Investment Trust plc 
     ----------------------------------------  ------------------------------------------------ 
 b)   LEI                                       213800BSSM76JMYMSO76 
     ----------------------------------------  ------------------------------------------------ 
 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                            Ordinary Shares 
       the financial instrument                  Identification code: GB00BYZV3G25 
     ----------------------------------------  ------------------------------------------------ 
 b)   Nature of the transaction                 Purchase of shares 
     ----------------------------------------  ------------------------------------------------ 
 c)   Price(s) and volume(s)                     Price                        Volume 
                                                  850 pence                    25,765 
     ----------------------------------------  ----------------------------  ------------------ 
 d)   Currency                                  GBP 
     ----------------------------------------  ----------------------------  ------------------ 
 e)   Aggregated information                    N/A 
     ----------------------------------------  ------------------------------------------------ 
 f)   Date of the transaction                   27 January 2020 
     ----------------------------------------  ------------------------------------------------ 
 g)   Place of the transaction                  London Stock Exchange - XLON 
     ----------------------------------------  ------------------------------------------------ 
 

Link Company Matters Limited - Corporate Secretary

Paula O'Reilly

020 7954 9796

Pollen Street Capital

Chris Palmer / Steve Plowman

020 3728 6750

Liberum Capital Limited

Chris Clarke / Louis Davies

020 3100 2000

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END

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January 28, 2020 12:42 ET (17:42 GMT)

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