Ashley House : 7th May 2019 - Directors PDMR dealings

1 May 2019

Ashley House plc

Directors' & PDMRs' dealings

Ashley House plc (the "Company"), the health and community care property partner announces that it has processed its regular quarterly allotment of shares under the Ashley House Share Incentive Plan ("AH-SIP"; "the Plan"). The Plan is open to all staff and has been designed to increase employee engagement and staff retention. Under the scheme, the staff member currently receives two matching shares for every one share he or she purchases. Matching shares are generally forfeited if the employee leaves the business within three years.

Pursuant to the Plan, the Company has issued 187,083 new ordinary shares of 1 penny each ("New Shares"). Application will be made to the London Stock Exchange for the New Shares to be admitted to trading on AIM and it is expected that admission will become effective and trading will commence on or around 10 May 2019 ("Admission"). Following Admission, the Company will have a total of 60,520,705 shares in issue. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

Following Admission of the New Shares pursuant to staff participation under the Plan, the following Executive directors and PDMRs of Ashley House will have beneficial interests in the Company as shown below:

	Number of	Number of	Total	Price paid	Number of	% Holding
	Shares	Matching	number of	per Share	Shares
	purchased	Shares	Shares	(pence)	owned
		received	acquired
Executive directors
Antony Walters	4,983	9,966	14,949	9.03	787,878	1.30%
Jonathan Holmes *	4,983	9,966	14,949	9.03	2,297,614	3.80%
James Hathaway	4,984	9,968	14,952	9.03	217,719	0.36%
PDMRs
Nigel Croxford*
Director of Pre-	4,984	9,968	14,952	9.03	1,103,082	1.82%
Construction
Karen Jones	4,983	9,966	14,949	9.03	52,419	0.09%
Head of HR
David Milburn	4,984	9,968	14,952	9.03	43,317	0.07%
Head of Construction
Paul Brand	4,983	9,966	14,949	9.03	90,624	0.15%
Head of Development

* Includes spouse's holding

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Antony Walters	Jonathan	James	Nigel	Karen
			Holmes	Hathaway	Croxford	Jones
2	Reason for the notification
a)	Position/status	Chief	Commercial	Finance	Director of	Head of HR /
		Executive	Director	Director	Pre-	F1M General
					construction	Manager
		Ashley	Ashley House	Ashley
		House plc	plc	House plc	Ashley House plc	Ashley House plc
b)	Initial notification/	Initial Notification	Initial Notification	Initial Notification	Initial	Initial
	Amendment				Notification	Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
	monitor
a)	Name	Ashley House	Ashley House	Ashley House	Ashley House	Ashley House
		plc	plc	plc	plc	plc
b)	LEI	2138002ATR98I	2138002ATR98I	2138002ATR98	2138002ATR9	2138002ATR98
		MBY6B36	MBY6B36	IMBY6B36	8IMBY6B36	IMBY6B36
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	Ordinary	Ordinary	Ordinary	Ordinary	Ordinary
	instrument, type of	Shares of 1	Shares of 1	Shares of 1	Shares of 1	Shares of 1
	instrument	pence each	pence each	pence each	pence each	pence each
	Identification code	GB00B1KKCZ55	GB00B1KKCZ55	GB00B1KKCZ55	GB00B1KKCZ55	GB00B1KKCZ55
b)	Nature of the transaction	Purchase of	Purchase of	Purchase of	Purchase of	Purchase of
		shares under	shares under	shares under	shares under	shares under
		SIP	SIP	SIP	SIP	SIP
c)	Price(s) and volume(s)	Price: 9.03p	Price: 9.03p	Price: 9.03p	Price: 9.03p	Price: 9.03p
Volume:	Volume:	Volume:	Volume:	Volume:
		Partnership	Partnership	Partnership	Partnership	Partnership
		Shares: 4,983	Shares: 4,983	Shares: 4,984	Shares: 4,984	Shares: 4,983
		Matching	Matching	Matching	Matching	Matching Shares:
		Shares: 9,966	Shares: 9,966	Shares: 9,968	Shares: 9,968	9,966
d)	Aggregated information
	- Aggregated volume	14,949 Shares	14,949 Shares	14,952 Shares	14,952 Shares	14,949 Shares
	- Price	9.03p	9.03p	9.03p	9.03p	9.03p
e)	Date of the transaction	30 April 2019	30 April 2019	30 April 2019	30 April 2019	30 April 2019
f)	Place of the transaction	London Stock	London Stock	London Stock	London Stock	London Stock
		Exchange, AIM	Exchange, AIM	Exchange, AIM	Exchange, AIM	Exchange, AIM

1	Details of the person discharging managerial responsibilities/person closely
	associated
a)	Name	David Milburn	Paul Brand
2	Reason for the notification
a)	Position/status	Head of Construction	Head of Development
		Ashley House plc	Ashley House plc
b)	Initial notification/	Initial Notification	Initial Notification
	Amendment
3	Details of the issuer, emission allowance market participant, auction
	platform, auctioneer or auction monitor
a)	Name	Ashley House plc	Ashley House plc
b)	LEI	2138002ATR98IMBY6B36	2138002ATR98IMBY6B36
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	Ordinary Shares of 1	Ordinary Shares of 1
	instrument, type of	pence each	pence each
	instrument
		GB00B1KKCZ55	GB00B1KKCZ55
	Identification code
b)	Nature of the transaction	Purchase of shares under	Purchase of shares under
		SIP	SIP
c)	Price(s) and volume(s)	Price: 9.03p	Price: 9.03p
Volume:	Volume:
		Partnership Shares: 4,984	Partnership Shares: 4,983
		Matching Shares: 9,968	Matching Shares: 9,966
d)	Aggregated information
	- Aggregated volume	14,952 Shares	14,949 Shares
	- Price	9.03p	9.03p
e)	Date of the transaction	30 April 2019	30 April 2019
f)	Place of the transaction	London Stock Exchange,	London Stock Exchange,
		AIM	AIM
	Enquiries:
	Ashley House plc		01628 600 340
	Antony Walters
	James Hathaway
	WH Ireland		0207 220 1666
	(Nominated Adviser and broker to Ashley House plc)
	Adrian Hadden
	James Sinclair-Ford
	Matthew Chan