The Quarto Group, Inc.
(the "Company", "Quarto")
Director/PDMR shareholding
Quarto (LSE: QRT) announces that Mr Andrea Giunti Lombardo, a Non-Executive Director of the Company, has acquired 995,000 shares of common stock of US$0.10 each as detailed in the notifications below.
As a result of this transaction, Mr Giunti Lombardo becomes the sole holder of 1,990,000 shares (formerly held jointly with a family member). The total shareholding over which Mr Giunti Lombardo has control following this transaction is unchanged at 9,134,320 shares of common stock (22.34% of the Company's issued share capital).
NOTIFICATION FORM FOR SHARE TRANSACTIONS BY PDMRs AND PERSONS CLOSELY ASSOCIATED TO THEM
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Andrea Giunti Lombardo | |
| 2. | Reason for the notification | ||
| (a) | Position/status | Non-Executive Director | |
| (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 | Purchase of shares. | |
| (c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | €2.00 (euro) | 995,000 |
| | | | |
| (d) | Aggregated information - - Aggregated volume - Price | Single transaction: Volume: 995,000 shares Price: €2.00 | |
| (e) | Date of the transaction | 27 June 2023 | |
| (f) | Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities/person closely associated | ||
| (a) | Name | Sergio Giunti | |
| 2. | Reason for the notification | ||
| (a) | Position/status | Person closely associated with a PDMR (Non-Executive Director Andrea Giunti Lombardo) | |
| (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 | Sale of shares. | |
| (c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| | | €2.00 (euro) | 995,000 |
| | | | |
| (d) | Aggregated information - - Aggregated volume - Price | Single transaction: Volume: 995,000 shares Price: €2.00 | |
| (e) | Date of the transaction | 27 June 2023 | |
| (f) | Place of the transaction | Outside a trading venue | |
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.305 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.
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