River and Mercantile : Director/PDMR Shareholding - Replacement

The following amendment has been made to the Director/PDMR Shareholding announcement released on 10 July 2018 at 11:09 under RNS No 1729U.

Mr Rutt holds 5,807 Ordinary Shares instead of 5,987 as previously stated.

All other details remain unchanged.

The full amended text is shown below.

9 July 2018

LEI: 2138005C7REHURGWHW31

River and Mercantile Group PLC ('the Company')

NOTIFICATION OF TRANSACTIONS OF

PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMRs')

The Company announces that Mr Christopher Rutt, a PDMR of the Company, purchased 3,578 ordinary shares of 0.003 pence each ('Ordinary Shares') at a price of 279p on Monday, 9 July 2018.

Following this purchase, Mr Rutt holds 5,807 Ordinary Shares representing 0.007% of the total shareholding in the Company.

Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.

For further information please contact:

River and Mercantile Group PLC[phone]

Sally Buckmaster, Senior Counsel and Group Company Secretary

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Christopher Rutt
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	River and Mercantile Group PLC
b)	LEI	2138005C7REHURGWHW31
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 ofinstrument Identification code	Ordinary shares of£0.003 pence each GB00BLZH7X42
b)	Nature of the transaction	1. Purchase of Ordinary Shares
c)	Price(s) and volume(s)	Price(s)		Volume(s)
		1. 279.48p		1. 3,578
d)	Aggregated information - Aggregated volume - Price	Price	Volume		Total
		1. 279.48p	1. 3,578		1. £9,999.79
e)	Date of the transaction	1. 2018-07-09
f)	Place of the transaction	London Stock Exchange