Director/PDMR Shareholding
Young & Co's Brewery PLC
Young & Co.’s Brewery, P.L.C. (the “Company”)
Notifications pursuant to rule 17 of the AIM Rules
and
Notifications relating to a major interest in shares pursuant to AIM
Rule 17 and 5.8.12R (2) of the Disclosure and Transparency Rules in
relation to A shares of 12.5p each in the capital of the Company (ISIN:
GB00B2NDK765)
Circumstances giving rise to the notifications – Part A
On Friday, 6 February 2009:
A1. Stephen Goodyear, the Company’s chief executive:
A1.1 exercised his right under the Company’s unapproved
executive share option scheme to acquire 54,492 A shares of 12.5p each
in the Company’s capital – he acquired those shares from the trustee of
the Ram Brewery Trust at 284.375p per share; and
A1.2 sold 38,728 of those shares at 455p per share and retained the
balance of 15,764;
A2. Peter Whitehead, the Company’s finance director:
A2.1 exercised his right under the Company’s unapproved
executive share option scheme to acquire 38,972 A shares of 12.5p each
in the Company’s capital – he acquired those shares from the trustee of
the Ram Brewery Trust at 284.375p per share; and
A2.2 sold 38,404 of those shares at 455p per share and retained the
balance of 568;
A3. Torquil Sligo-Young, the Company’s human and information resources
director:
A3.1 exercised his right under the Company’s unapproved
executive share option scheme to acquire 56,160 A shares of 12.5p each
in the Company’s capital – he acquired those shares from the trustee of
the Ram Brewery Trust at 284.375p per share; and
A3.2 sold all of those shares at 455p per share; and
A4. Patrick Dardis, the Company’s retail director:
A4.1 exercised his right under the Company’s unapproved
executive share option scheme to acquire 21,960 A shares of 12.5p each
in the Company’s capital – he acquired those shares from the trustee of
the Ram Brewery Trust at 284.375p per share; and
A4.2 sold 17,188 of those shares at 455p per share and retained the
balance of 4,772.
Circumstances giving rise to the notifications – Part B
Today, Monday, 9 February 2009:
B1. Stephen Goodyear, the Company’s chief executive:
B1.1 exercised his right under the Company’s approved
executive share option scheme to acquire 10,548 A shares of 12.5p each
in the Company’s capital – he acquired those shares from the trustee of
the Ram Brewery Trust at 284.375p per share;
B1.2 sold 5,274 of those shares at 455p per share; and
B1.3 gifted the balance of 5,274 to his wife who then sold them at 455p
per share; and
B2. Peter Whitehead, the Company’s finance director:
B2.1 exercised his right under the Company’s approved
executive share option scheme to acquire 10,548 A shares of 12.5p each
in the Company’s capital – he acquired those shares from the trustee of
the Ram Brewery Trust at 284.375p per share;
B2.2 sold 5,274 of those shares at 455p per share; and
B2.3 gifted the balance of 5,274 to his wife who then sold them at 455p
per share.
Notifications pursuant to rule 17 of the AIM Rules
As beneficiaries of the Ram Brewery Trust as members of the Company’s
profit-sharing, share option and/or pension schemes, each of Christopher
Sandland, Stephen Goodyear, Torquil Sligo-Young, Peter Whitehead and
Patrick Dardis had an interest in the shares held by the trustee of the
Ram Brewery Trust. Each of the above individuals notified the Company
today, Monday, 9 February 2009, of his altered interest in the Company’s
shares as a result of events affecting him directly and as a beneficiary
of the Ram Brewery Trust.
Notifications relating to a major interest in shares pursuant to AIM
Rule 17 and 5.8.12R (2) of the Disclosure and Transparency Rules in
relation to A shares of 12.5p each in the capital of the Company (ISIN:
GB00B2NDK765)
Ram Brewery Trustees Limited also notified the Company of the following
today, Monday, 9 February 2009:
Pursuant to 5.1.2R of the Disclosure and Transparency Rules and
following a disposal of voting rights on 6 and 9 February 2009, we, Ram
Brewery Trustees Limited, hereby notify you that immediately after the
time when the obligation to make this notification arose.
A. we held (as shareholder and as the direct or indirect
holder of financial instruments) 802,108 voting rights in the Company,
being 2.76% of the voting rights, whereas our last notification informed
you that we held 1,054,788 voting rights, being 3.63%;
B. we held (as direct or indirect shareholder (disregarding
for these purposes holdings of financial instruments)) 802,108 voting
rights in the Company, being 2.76% of the voting rights, whereas our
last notification informed you that we held 1,054,788 voting rights,
being 3.63%; and
C. we held (as direct or indirect holder of financial
instruments) 0 voting rights in the Company, being 0% of the voting
rights, and this number has not changed since our last notification.
Of those:
● 95,308 are held by us directly as a result of 95,308 A
Shares being registered in our name; and
● 706,800 are held by us indirectly as a result of 706,800 A
Shares being registered in the name of Chase (GA External Pension)
Nominees Limited A/C 30.
Words or expressions used in the Disclosure and Transparency Rules
have the same meaning when used in this notification, and references to
“A Shares” are to A ordinary shares of 12.5p each in the Company.
___________________________
Torquil Sligo-Young also notified the Company of the following today,
Monday, 9 February 2009:
Pursuant to 5.1.2R of the Disclosure and Transparency Rules and
following the exercise by me of options over 56,160 A Shares on Friday,
6 February 2009 and the sale of the resulting shares at £4.55 per share
on Friday, 6 February 2009, I, Torquil Charles fflorance Barrow
Sligo-Young, hereby notify you that immediately after the time when the
obligation to make this notification arose:
A. I held (as shareholder and as the direct or indirect holder
of financial instruments) 3,909,600 voting rights in the Company, being
13.45% of the voting rights, whereas my last notification informed you
that I held 4,025,760 voting rights, being 13.85%;
B. I held (as direct or indirect shareholder (disregarding for
these purposes holdings of financial instruments)) 3,909,600 voting
rights in the Company, being 13.45% of the voting rights, which was the
same amount notified in my last notification; and
C. I held (as direct or indirect holder of financial
instruments) 0 voting rights in the Company, being 0% of the voting
rights, whereas my last notification informed you that I held 116,160
voting rights, being 0.40%.
Of those:
● 268,468 are held by me directly as a result of 268,468 A
Shares being registered in my name;
● 3,216,732 are held by me directly as a result of 3,216,732 A
Shares being registered in the joint names of Thomas fflorance Barrow
Young, James Guillaume Allen Young and me; and
● 424,400 are held by me indirectly as a result of 424,400 A
Shares being registered in the name of Chase (GA Group) Nominees Limited.
Words or expressions used in the Disclosure and Transparency Rules
have the same meaning when used in this notification, and references to
“A Shares” are to A shares of 12.5p each in the Company. References
to the number of voting rights previously notified have been restated to
take account of the sub-division of the Company’s share capital in
February 2008.
___________________________
Anthony Schroeder
Company Secretary
Monday, 9
February 2009