Last checked at 1 Mar 2019 17:31
AJ Bell plc (Company)
Director/PDMR/PCA Transaction - Initial Notification
The Company announces that it was notified on 27 February 2019, that Louis Petherick a person discharging managerial responsibility (PDMR) in the Company has transferred 150,000 ordinary shares of £0.000125 each (Ordinary Shares) in the Company to Laura Petherick, a person closely associated (PCA). The transfer took place on 27 February 2019.
The transaction was 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 this transfer, there has been no change in the number of shares in which Louis Petherick 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 | Louis Petherick | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Risk 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)
| 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
| Transfer of Ordinary Shares to spouse/PCA | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information · Aggregated volume
· Price
|
150,000 GBP 0
| ||||
e)
| Date of the transaction | 27 February 2019 | ||||
f)
| 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 | Laura Petherick | ||||
2
| Reason for the notification
| |||||
a)
| Position/status | PCA/Louis Petherick (Chief Risk Officer) | ||||
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 | ||||
Identification code | GB00BFZNLB60 | |||||
b)
| Nature of the transaction | Transfer of Ordinary Shares from spouse/PDMR | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information |
| ||||
· Aggregated volume | 150,000 | |||||
· Price | GBP 0 | |||||
e)
| Date of the transaction
| 27 February 2019 | ||||
f)
| Place of the transaction
| Outside a trading venue | ||||
Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)
Date of notification: 1 March 2019