24 Sep 2018 12:45
24 September 2018
BCA Marketplace plc
("BCA" or the "Company")
Notification of transaction by person discharging managerial responsibilities
The Company has been notified today that Avril Palmer-Baunack has sold to institutional funds in aggregate 5,025,000 Ordinary Shares of £0.01 each in the capital of the Company at an average price of 212.51 pence per share.
Mrs Palmer-Baunack has confirmed that she has no current intention to sell any further Ordinary Shares and is fully committed to her future leadership and the future of BCA Marketplace.
Following this sale, Avril Palmer-Baunack and persons closely associated with her hold 8,845,135 1 shares in the Company, representing approximately 1.11 % of the total issued shares in the Company (excluding shares held in treasury).
Enquiries:
BCA Marketplace plc (Company Secretary) martin.letza@bca.com
Martin Letza
Buchanan Communications (Financial PR) +44 (0)20 7466 5000
David Rydell
Square1 Consulting (Financial PR) +44 (0)20 7929 5599
David Bick
1 including 43,861 BCA Shares held by Iona Palmer-Baunack, a person closely associated with her.
ANNEX
Template for 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
| Avril Palmer-Baunack
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Executive Chairman | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| BCA Marketplace plc | |||
b)
| LEI
| 213800DF1FHPDJ7Q7C85 | |||
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 £0.01 each | |||
Identification code | GB00BP0S1D85 | ||||
| |||||
b)
| Nature of the transaction
| Sale of Ordinary Shares | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Price(s) | Volume(s) |
| ||
|
212.50 pence | 5,000,000 |
| ||
| 215.00 pence | 5,000 |
| ||
| 215.00 pence | 1,500 |
| ||
| 215.00 pence | 3,000 |
| ||
| 214.54 pence | 10,000 |
| ||
| 214.50 pence | 1,500 |
| ||
| 215.00 pence | 3,000 |
| ||
| 215.00 pence | 1,000 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | 5,025,000 | ||||
- Price | £10,678,627.50 | ||||
e)
| Date of the transaction
| 5,000,000 traded on 20 September 2018 25,000 traded on 21 September 2018 | |||
f)
| Place of the transaction | XLON | |||