RNS Number : 4928N
Pollen Street Group Ltd
07 May 2024
 

 

7 May 2024

Pollen Street Group Limited

 

Director/PDMR Dealing

 

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

 

a)

 

Name

 

 

Ian Gascoigne

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Pollen Street Group Limited

b)

 

LEI

 

 

894500LP94M98N8CY487

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

 

 

 

 

 

Ordinary shares

 

ISIN: GG00BMHG0H12

b)

 

Nature of the transaction

 

 

Sale of shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

GBP 6.7639

40,000

 

 

d)

 

Aggregated information

  - Aggregated volume

  - Price

 

N/A

e)

 

Date of the transaction

 

 

2 May 2024

f)

 

Place of the transaction

 

 

Off exchange (XOFF).

 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Ian Gascoigne

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PDMR

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

Pollen Street Group Limited

b)

 

LEI

 

 

894500LP94M98N8CY487

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

 

 

 

 

 

Ordinary shares

 

ISIN: GG00BMHG0H12

b)

 

Nature of the transaction

 

 

Sale of shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

GBP 6.708763

160,000

 

 

d)

 

Aggregated information

  - Aggregated volume

  - Price

 

N/A

e)

 

Date of the transaction

 

 

7 May 2024

f)

 

Place of the transaction

 

 

Off exchange (XOFF).

 

 

 

 

Enquiries:

For further information about this announcement please contact:

 

Pollen Street

Shareholder Relations: shareholders@pollencap.com / +44 (0)20 3728 6750

Pollen Street - Corporate Development Director

Shweta Chugh

shweta.chugh@pollencap.com

+44 (0)7813581377

 

FGS Global - Communications Advisor

Chris Sibbald

Chris.Sibbald@fgsglobal.com

+44 (0)7855955531

 

Barclays Bank plc - Joint Broker

Neal West / Stuart Muress

+44 (0)20 7623 2323

 

Investec Bank plc - Joint Broker

Ben Griffiths / Bruce Garrow

+44 (0)20 7597 4000

 

Link Company Matters Limited - Company Secretary

polncosec@linkgroup.co.uk 

 

About Pollen Street

Pollen Street is an alternative asset manager dedicated to investing with the financial and business services sectors across both private equity and private credit strategies. The business was founded in 2013 and has consistently delivered top tier returns alongside growing AuM.

The Pollen Street group benefits from a complementary set of asset management activities focused on managing third-party AuM (the "Asset Manager") together with on-balance sheet investments (the "Investment Company").

The Asset Manager raises capital from top tier investors and deploys it into its private equity and private credit strategies.

The Investment Company invests in strategies aligned with core strategies of the group and today the investment portfolio is aligned with the private credit strategy. The portfolio is a well-diversified pool of primarily senior credit assets to high quality borrowers generating strong returns together with capital preservation. The portfolio consists of both direct investments and investments in funds managed by Pollen Street.

 

 

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