Sign In
Last checked at 
18 Feb 2019 14:57
AJ Bell plc (Company)
Director/PDMR/PCA Transaction - Initial Notification
The Company announces that it was notified on 15 February 2019 that Roger John Stott, a person discharging managerial responsibility (PDMR) in the Company, has:
(i) transferred 859,326 ordinary shares of £0.000125 each in the Company (Ordinary Shares) to his wife, Julie Stott, a person closely associated (PCA) with him. The transfer took place on 15 February 2019.
(ii) sold 3,070 Ordinary Shares at a price of £2.745005 each and then purchased 3,070 Ordinary Shares at a price of £2.75 each in Junior Individual Savings Accounts (Junior ISA) for his two children, Ben Stott and Katie Stott, both of whom are a person closely associated (PCA) with him. The sale and purchases all took place on 14 February 2019.
The transactions were entered into in accordance with exceptions 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 transactions, 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 Roger John Stott has an interest. The shares had previously been held by Roger John Stott on trust for his wife, Julie Stott.
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 | Roger John Stott | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Finance 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
| Transfer of Ordinary Shares to spouse/PCA | ||||
c)
| Price(s) and volume(s)
|
| ||||
d) | Aggregated information
· Aggregated volume
· Price
|
859,326
£ 0
| ||||
e)
| Date of the transaction | 15 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 | Roger John Stott | |||||||||
2
| Reason for the notification
| ||||||||||
a)
| Position/status
| Group Finance 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
| Transfer of Ordinary Shares via sale and repurchase to: (i) Junior ISA account in the name of Ben Stott (1,535 Ordinary Shares); and (ii) Junior ISA account in the name of Katie Stott (1,535 Ordinary Shares) | |||||||||
c)
| Price(s) and volume(s)
|
| |||||||||
d) | Aggregated information
· Aggregated volume |
| |||||||||
· Price | |||||||||||
e)
| Date of the transaction |
| |||||||||
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 / person closely associated | |||||
a)
| Name | Julie Stott | ||||
2
| Reason for the notification
| |||||
a)
| Position/status | PCA/Roger John Stott (Group Finance Director) | ||||
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 | 859,326 | |||||
· Price | GBP 0 | |||||
e)
| Date of the transaction
| 15 February 2019 | ||||
Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)
Date of notification: 18 February 2019
Follow the stocks
