NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
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1
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Details of the person discharging managerial responsibilities/person closely associated
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a)
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Name
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Ravinder Chandhok
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2
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Reason for the notification
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a)
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Position/status
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Chief Technology Officer
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b)
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Initial notification/Amendment
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Initial notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Daily Mail and General Trust plc
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b)
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LEI
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4OFD47D73QFJ1T1MOF29
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4
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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)
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Description of the financial instrument, type of instrument
Identification code
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A Ordinary Non-Voting Shares of 12.5 pence each
GB00BJQZC279
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b)
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Nature of the transaction
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(i) Realisation of award granted in May 2020 under the Daily Mail and General Trust Long Term Executive Incentive Plan 2017. The number of shares granted was calculated by reference to the average share price for the 3 days 6 April to 8 April inclusive of £6.69. The Award was in the form of conditional shares that were subject to continued service until vesting.
(ii) Sale of shares to cover the tax liability arising from the transaction set out above at (i).
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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(i)
(ii)
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£0
£7.70
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5,567
2,116
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d)
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Aggregated information
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-
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Aggregated volume
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-
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Price
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Not applicable, single transaction.
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e)
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Date of the transaction
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29 January 2021
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f)
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Place of the transaction
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Outside a trading venue
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Name of officer responsible for making notification: Fran Sallas, Company Secretary DMGT, 0203 615 2904
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