Last checked at 8 Dec 2023 14:21
AJ Bell plc
("AJ Bell", the "Company")
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
The Company announces that on 7 December 2023:
(1) The Persons Discharging Managerial Responsibilities (PDMRs) named in column (1) of the below table exercised nominal cost options under the Company's Executive Incentive Plan (EIP) in respect of share awards granted on 12 December 2019 (FY20 DSA) and 9 December 2022 (FY23 ASA) to acquire the number of Ordinary Shares set alongside their respective names in column (2) of the below table and, where indicated in column (3) of that table, then sold some of those Ordinary Shares at a price of £3.03 per Ordinary Share to pay associated income tax and national insurance contribution liabilities (PDMR Transactions).
(1) | (2) | (3) |
PDMRs | Number of Ordinary Shares acquired | Number of Ordinary Shares sold |
Michael Summersgill | 102,778 | 0 |
Peter Birch | 46,779 | 18,722 |
Roger Stott | 37,145 | 14,866 |
Mo Tagari | 18,880 | 7,557 |
Liz Carrington | 6,702 | 2,683 |
(2) Nick Carrington, who is a person closely associated (PCA) with Liz Carrington, a PDMR, exercised nominal cost options under the EIP in respect of annual awards granted on 9 December 2022 (FY23 ASA) to acquire 5,276 Ordinary Shares and then sold 2,112 of those Ordinary Shares at a price of £3.03 per Ordinary Share to pay associated income tax and national insurance contribution liabilities (PCA Transaction).
(3) Following completion of the PDMR Transactions and the PCA Transaction, each of the PDMRs named in column (1) of the below table is interested in the number of Ordinary Shares in the Company and percentage of the Company's issued share capital set alongside their respective names in columns (2) and (3) of the below table.
(1) | (2) | (3) |
PDMR | Number of shares in which interested | % of issued share capital |
Michael Summersgill | 1,248,960 | 0.303 |
Peter Birch | 54,557 | 0.013 |
Roger Stott | 254,012 | 0.062 |
Mo Tagari | 110,140 | 0.027 |
Liz Carrington | 606,195 | 0.147 |
For further information, please contact:
AJ Bell plc
Olubunmi Likinyo, Company Secretary +44 (0) 784 242 5845
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 | Michael Summersgill | |
2 | Reason for the notification | ||
a) | Position/status | Chief Executive Officer/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) | Legal Entity Identifier | 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 | Exercise of EIP options | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.000125 | 102,778 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Peter Birch | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer/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) | Legal Entity Identifier | 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 | Exercise of EIP options | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.000125 | 46,779 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Roger Stott | |
2 | Reason for the notification | ||
a) | Position/status | Chief Operating Officer/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) | Legal Entity Identifier | 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 | Exercise of EIP options | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.000125 | 37,145 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Mohammed Tagari | |
2 | Reason for the notification | ||
a) | Position/status | Chief Technology Officer/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) | Legal Entity Identifier | 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 | Exercise of EIP options | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.000125 | 18,880 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Elizabeth Carrington | |
2 | Reason for the notification | ||
a) | Position/status | HR Director/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) | Legal Entity Identifier | 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 | Exercise of EIP options
| |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.000125 | 6,702 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Nicholas Carrington | |
2 | Reason for the notification | ||
a) | Position/status | PCA with Elizabeth Carrington, HR Director/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) | Legal Entity Identifier | 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 | Exercise of EIP options | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.000125 | 5,276 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | Outside a trading venue | |
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 | Peter Birch | |
2 | Reason for the notification | ||
a) | Position/status | Chief Financial Officer/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) | Legal Entity Identifier | 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 | Sale of Ordinary Shares
| |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£3.03 | 18,722 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | London Stock Exchange | |
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 | Roger Stott | |
2 | Reason for the notification | ||
a) | Position/status | Chief Operating Officer/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) | Legal Entity Identifier | 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 | Sale of Ordinary Shares
| |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£3.03 | 14,866 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | London Stock Exchange | |
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 | Mohamed Tagari | |
2 | Reason for the notification | ||
a) | Position/status | Chief Technology Officer/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) | Legal Entity Identifier | 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 | Sale of Ordinary Shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£3.03 | 7,557 | ||
e) | Aggregated information - Aggregated volume - Price - Aggregated total |
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | London Stock Exchange | |
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 | Elizabeth Carrington | |
2 | Reason for the notification | ||
a) | Position/status | HR Director/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) | Legal Entity Identifier | 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 | Sale of Ordinary Shares
| |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£3.03 | 2,683 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | London Stock Exchange | |
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 | Nicholas Carrington | |
2 | Reason for the notification | ||
a) | Position/status | PCA with Elizabeth Carrington, HR Director/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) | Legal Entity Identifier | 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 | Sale of Ordinary Shares | |
c) | Currency | GBP | |
d) | Price(s) and volume(s) | Price(s) | Volume(s) |
£3.03 | 2,112 | ||
e) | Aggregated information - Aggregated volume - Aggregated Price
|
N/A single transaction | |
f) | Date of the transaction | 7 December 2023 | |
g) | Place of the transaction | London Stock Exchange | |
Name of officer of issuer responsible for making notification: Olubunmi Likinyo (Company Secretary)
Date of notification: 8 December 2023