14 November 2019
14 November 2019
Anexo Group plc (AIM: ANX), the specialist integrated credit hire and legal services provider, announces that 1,000,000 ordinary shares of 0.05 pence each in the Company representing approximately 1.1% of the issued share capital have been sold on behalf of Alan Sellers (Executive Chairman) to institutional shareholders.
The resultant shareholding is shown in the table below.
|Shareholder name||Shares held||Percentage %|
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.
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|
|2||Reason for the notification|
|b)||Initial notification /Amendment||Initial notification|
|3||Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor|
|a)||Name||Anexo Group plc|
|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 the financial instrument, type of instrument Identification code||Ordinary Shares of 0.05p each ISIN: GB00BF2G3L29|
|b)||Nature of the transaction||Sale of ordinary shares|
|c)||Price(s) and volume(s)||
- Aggregated volume
|Volume: 1,000,000 Weighted average price: 170p|
|e)||Date of the transaction||14 November 2019|
|f)||Place of the transaction||London Stock Exchange, AIM|
For further enquiries:
|Anexo Group plc||+44 (0) 151 227 3008
|Alan Sellers, Executive Chairman
Mark Bringloe, Chief Financial Officer
Nick Dashwood Brown, Head of Investor Relations
|Arden Partners plc
(Nominated Adviser and Broker)
|John Llewellyn-Lloyd / Benjamin Cryer (Corporate)
Fraser Marshall (Equity sales)
|+44 (0) 20 7614 5900
|Henry Harrison-Topham / Steph Watson||+44 (0) 20 7466 5000
Notes to Editors:
Anexo is a specialist integrated credit hire and legal services provider. The Group has created a unique business model by combining a direct capture Credit Hire business with a wholly owned Legal Services firm. The integrated business targets the impecunious not at fault motorist, referring to those who do not have the financial means or access to a replacement vehicle.
Through its dedicated Credit Hire sales team and network of 1,100 plus active referrers around the UK, Anexo provides customers with an end-to-end service including the provision of Credit Hire vehicles, assistance with repair and recovery, and claims management services. The Group's Legal Services division, Bond Turner, provides the legal support to maximise the recovery of costs through settlement or court action as well as the processing of any associated personal injury claim.
The Group was admitted to trading on AIM in June 2018 with the ticker ANX.
For additional information please visit: www.anexo-group.com