NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY ("PDMR") OR PERSONS CLOSELY ASSOCIATED WITH THEM ("PCA")
In accordance with Disclosure Rule 3.1.4R(1), Quarto announces that it has received notice that Ken Fund, Chief Operating Officer, acquired 4000 shares of common stock of $0.10 each ("Shares") in Quarto at a price of US$ 3.3074 per Share on 30 May 2017.
Following this transaction, Ken Fund holds 4000 Shares representing 0.019% of Quarto's issued share capital.
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.
|1||Details of person discharging managerial responsibilities/person closely associated|
|2||Reason for the notification|
|a)||Position/status||CHIEF OPERATING OFFICER / PDMR|
|b)||Initial notification/Amendment||INITIAL NOTIFICATION|
|3||Details of the issuer, emissions, allowance market participant, auction platorm, auctioneer or auction monitor|
|a)||Name||THE QUARTO GROUP, INC.|
|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 intrument||SHARES OF COMMON STOCK OF US$0.10 EACH ("SHARES")|
|b)||Nature of the transaction||ACQUISITION OF SHARES|
|c)||Price(s) and volume(s)||Price(s)||Volumes(s)|
|US$ 3.3074 PER SHARE||4000|
|- aggregated volume|
|e)||Date of transaction||30 MAY 2017|
|f)||Place of transaction||LONDON STOCK EXCHANGE (XLON)|
|(1) Commission Delegated Regulation (EU) 2016/522 of 17 December 2015 supplementing Regulation (EU) No. 596/2014 of the European Parliament and of the Council as retards an exemption for certain third countries public bodies and central banks, the indicators of market manipulation, the disclosure thresholds, the competent authority for notification of delays, the permission for trading during closed periods and types of notifiable managers' transactions (see page 1 of this Official Journal).|
For further information, please contact:
Dorothée de Montgolfier
Group Director of Communications
The Quarto Group
+44 (0)20 7700 9002
About The Quarto Group
The Quarto Group (LSE: QRT) is the leading global illustrated non-fiction book publisher. Our mission is to make and sell great books that entertain, educate and enrich the lives of adults and children around the world.
Quarto creates and owns proprietary content, publishing books from a diverse portfolio of imprints that are creatively independent and expert in developing long-lasting content across specific niches of interest.
Quarto sells books across 47 countries and in 39 languages through a variety of traditional and non-traditional channels, while constantly looking for new ways to create and deliver content that people need.
Quarto employs over 400 talented people in the US, UK and Hong Kong. The group was founded in London in 1976. It is domiciled in the US and listed on the London Stock Exchange.