Last checked at 15 Aug 2019 15:43
AJ Bell plc (Company)
Director/PDMR Transaction - Initial Notification
The Company announces that it was notified on 13 August 2019 that Simon Turner a director/person discharging managerial responsibility (PDMR) in the Company has, in order to effect a "Bed and ISA" transaction, sold 5,190 ordinary shares of £0.000125 each in the Company (Ordinary Shares) at a price of £3.83 per Ordinary Share and then repurchased into his Individual Savings Account (ISA) the same number of 5,190 Ordinary Shares at a price of £3.831 per Ordinary Share. The transactions took place on 13 August 2019.
The transactions were entered into in accordance with an exception from the lock up arrangements applicable to Management Selling Shareholders (as defined in the prospectus published in relation to the initial public offering of the Company's shares on 27 November 2018 (Prospectus), as described in paragraph 10 of Part 7 (Details of the Offer) of the Prospectus, of one year in respect of 100% of their shareholdings at Admission (as defined in the Prospectus) and a further one year in respect of 50% of such shareholdings. Notwithstanding the transaction, the Ordinary Shares remain subject to the terms of such lock up arrangements.
Following the transactions, there has been no change in the number of shares in which Simon Turner has an interest.
This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.
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 | Simon Turner | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive 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)
| 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 | Ordinary shares of £0.000125 each | ||||
Identification code
| GB00BFZNLB60
| |||||
b)
| Nature of the transaction
| Sale of Ordinary Shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information
·; Aggregated volume
·; Price
|
5,190
GBP 19,877.70 | ||||
e)
| Date of the transaction | 13 August 2019 | ||||
f)
| 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 | |||||
a)
| Name | Simon Turner | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive 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)
| 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 | Ordinary shares of £0.000125 each | ||||
Identification code
| GB00BFZNLB60
| |||||
b)
| Nature of the transaction
| Purchase of Ordinary Shares via Simon Turner ISA. | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information
·; Aggregated volume
·; Price
|
5,190
GBP 19,882.89
| ||||
e)
| Date of the transaction | 13 August 2019 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)
Date of notification: 15 August 2019