The Board of Elegant Hotels, the owner and operator of six upscale freehold hotels and a beachfront restaurant on the island of Barbados, has told DirectorsTalk that Richard Jones, Group Chief Financial Officer, purchased 40,000 ordinary shares of 1 pence each on 5 August 2016 at a price of 63p per Ordinary Share.
Following this transaction, Richard has an interest in 40,000 Ordinary Shares, representing approximately 0.05 per cent. of the Company’s issued Ordinary Share capital.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
1 Details of the person discharging
managerial responsibilities
/ person closely associated
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a) Name Richard Jones
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2 Reason for the notification
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a) Position/status Director
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b) Initial notification Initial notification
/Amendment
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3 Details of the issuer, emission
allowance market participant,
auction platform, auctioneer
or auction monitor
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a) Name Elegant Hotels Group plc
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b) LEI (Pending)
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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
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a) Description Ordinary shares of GBP0.01
of the financial
instrument, EHG ISIN: GB00BWXSNY91
type of instrument
Identification
code
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b) Nature of the Purchase of Ordinary Shares
transaction
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c) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
63 pence 20,000
63 pence 20,000
---------- ----------
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d) Aggregated information
- Aggregated 40,000 in total at 63 pence
volume
- Price
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e) Date of the 5 August 2016
transaction
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f) Place of the London Stock Exchange,
transaction AIM
