Last checked at 17 Dec 2018 16:35
17 December 2018
AJ Bell plc ("AJ Bell" or "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR")
On 14 December 2018 the Company was notified by the PDMRs set out below, that they had been awarded the number of ordinary shares of £0.000125 each ("Ordinary Shares") set out below in the Company for nil value under the Company's Buy As You Earn scheme.
This announcement, including the notification(s) below, is made in accordance with the requirements of the EU Market Abuse Regulation.
| Name / Position of PDMR | Number of Ordinary Shares | Purchase price per share | Date of award |
1. | Fergus Lyons - AJ Bell Investcentre Managing Director
| 31 | £Nil | 12/12/2018 |
2. | Charles Galbraith - AJ Bell Youinvest Managing Director
| 31 | £Nil | 12/12/2018 |
3. | Roger Stott - Group Finance Director
| 31 | £Nil | 12/12/2018 |
4. | Louis Petherick - Chief Risk Officer
| 31 | £Nil | 12/12/2018 |
5. | Bruce Robinson - Group Legal Services Director and Company Secretary
| 31 | £nil | 12/12/2018 |
1
| Details of the person discharging managerial responsibilities / if applicable, person closely associated
| |||||
a)
| Name
| 1. Fergus Lyons 2. Charles Galbraith 3. Roger Stott 4. Louis Petherick 5. Bruce Robinson
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| 1. AJ Bell Investcentre Managing Director/PDMR 2. AJ Bell Youinvest Managing Director/PDMR 3. Group Finance Director/PDMR 4. Chief Risk Officer/PDMR 5. Group Legal Services Director and Company Secretary/PDMR
| ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| AJ Bell plc | ||||
b)
| LEI
| 213800VNKA7DPWXWJJ36 | ||||
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 | Ordinary shares of £0.000125 each
| ||||
GB00BFZNLB60 | ||||||
b)
| Nature of the transaction(s)
| Award of free Ordinary Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
|
| ||||
e)
| Date of the transaction(s)
| 1. 12 December 2018 2. 12 December 2018 3. 12 December 2018 4. 12 December 2018 5. 12 December 2018
| ||||
f)
| Place of the transaction(s)
| Outside of a trading venue | ||||
Following the above transactions, each of the above PDMRs own the following Ordinary Shares in the Company.
Following the Transactions, each of the Directors and Senior Managers own the following Ordinary Shares in the Company.
| Shareholding following the Transactions | |
| Ordinary Shares | % of the Company's Issued Share Capital |
Senior Managers |
|
|
Fergus Lyons | 19,911,273(1) | 4.9% |
Charles Galbraith | 3,408,508(2) | 0.8% |
Roger Stott | 862,427(3) | 0.2% |
Louis Petherick | 313,056(4) | 0.1% |
Bruce Robinson | 555,575(5) | 0.1% |
|
|
|
Notes:
(1) Fergus Lyons' shareholding comprises: 12,807,250 Ordinary Shares held by Fergus Lyons personally, of which 288,000 Ordinary Shares are held on trust for his children, 7,103,992 Ordinary Shares held by Bestfield Investments, a company, owned and controlled by Fergus Lyons and his wife Caroline Anne Lyons, and 31 Ordinary Shares held by the trustee of the Company's BAYE scheme on trust for Fergus Lyons. Fergus Lyons' shareholding shown excludes 125,000 Ordinary Shares owned by Fergus Lyons' children.
(2) 1,937,054 Ordinary Shares are held on trust for Charles Galbraith's wife, Bridget Galbraith. Charles Galbraith's shareholding excludes 37,500 Ordinary Shares owned by Charles Galbraith's children. 31 of the Ordinary Shares are held by the trustee of the Company's BAYE scheme on trust for Charles Galbraith.
(3) 31 of the Ordinary Shares are held by the trustee of the Company's BAYE scheme on trust for Roger Stott. All of the remaining shares shown are held on trust for Roger Stott's wife, Julie Stott. In the Company's Pricing Statement dated 7 December 2018, Roger Stott's shareholding post Admission was shown as 874,896 Ordinary Shares. The figure of 874,896 Ordinary Shares included 12,500 Ordinary Shares acquired by Roger Stott's wife, Julie Stott, in the Company's Qualifying Offer.
(4) 31 of the Ordinary Shares are held by the trustee of the Company's BAYE scheme on trust for Louis Petherick.
(5) 120,638 Ordinary Shares are held on trust for Bruce Robinson's wife, Diana Robinson. Bruce Robinson's shareholding shown excludes 4,062 Ordinary Shares owned by Bruce Robinson's wife, Diana Robinson, and excludes 5,624 Ordinary Shares owned by his daughter, Sabine Robinson. 31 of the Ordinary Shares are held by the trustee of the Company's BAYE scheme on trust for Bruce Robinson.
Name of officer of the issuer responsible for making notification: Bruce Robinson (Company Secretary)
Date of notification: 17 December 2018