RNS Number : 1999I
Quarto Group Inc
10 August 2021
 

The Quarto Group Inc

('Quarto', the 'Company')

PCA shareholding

Quarto (LSE: QRT) announces that 1010 Printing Limited (a company incorporated in Hong Kong under registration number 1419686), a company closely associated with the Company's CEO, Mr Chuk Kin Lau, has acquired 125,000 shares of common stock of US$0.10 each as detailed in the notification below.

Following this transaction, the shareholding of 1010 Printing Limited becomes 15,119,826 shares (36.98% of the Company's issued share capital).

 

NOTIFICATION OF SHARE TRANSACTIONS BY A PERSON CLOSELY ASSOCIATED WITH A PDMR

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

1010 Printing Limited

2.

Reason for the notification

(a)

Position/status

Person closely associated with a PDMR (CEO, Chuk Kin Lau)

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

The Quarto Group Inc.

(b)

LEI

549300BJ2WPX3QUATW58

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

Shares of Common Stock of par value US$0.10 each.

ISIN: US74772E1001

 

(b)

Nature of the transaction

Acquisition of shares.

 

(c)

Price(s) and volume(s)

Price(s)

80 pence

Volume(s)

100,000 shares

 

 

82 pence

25,000 shares

 

 

 

(d)

Aggregated information

             - Aggregated volume
- Price

 

125,000 shares

80.4 pence (weighted average price)

(e)

Date of the transaction

2021-08-06

(f)

Place of the transaction

London

 

The Legal Identifier of the Company is 549300BJ2WPX3QUATW58.

For further information, please contact:

The Quarto Group, Inc.

 

Michael Clarke, Company Secretary

+44 (0)20 7700 6700

 

About The Quarto Group

The Quarto Group (LSE: QRT) creates a wide variety of books and intellectual property products, with a mission to inspire life's experiences. Produced in many formats for adults, children and the whole family, our products are visually appealing, information rich and stimulating.

The Group encompasses a diverse portfolio of imprints and businesses that are creatively independent and expert in developing long-lasting content across specific niches of interest.

Quarto sells and distributes its products globally in over 50 countries and 40 languages, through a variety of sales channels, partnerships and routes to market.

Quarto employs c.300 talented people in the US and the UK. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange. 

For more information, visit quarto.com or follow us on Twitter at @TheQuartoGroup.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHDKKBQNBKDOFD