17 Mar 2017 15:00
17 March 2017
Brady plc ("Brady" or the "Group")
Director/PDMR Shareholding
Brady plc (AIM: BRY.L) announces that it was notified on 15 March 2017 that Jon Hobbs, a Senior Manager and PDMR, had exercised options over 50,000 ordinary shares of 1p each in the Company, such options having been granted under the Company's Share Option Plan and subsequently sold 50,000 shares.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
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
|
Jon Hobbs | ||||||
2
| Reason for the notification
| |||||||
a)
| Position/status
| PDMR | ||||||
b)
| Initial notification /Amendment
| Initial notification | ||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a)
| Name
| Brady plc | ||||||
b)
| LEI
| N/A | ||||||
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 1p each in the Company
GB00B0188P35
| ||||||
b)
| Nature of the transaction
| Exercise of option and subsequent partial sale of shares | ||||||
c)
| Price(s) and volume(s)
| Exercise of options:
Sale of shares:
| ||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Exercise of Options: 50,000 ordinary shares of 1 pence exercised at 66.5 pence per ordinary share.
Share sale: 50,000 ordinary shares of 1 pence sold at 76 pence per ordinary share.
| ||||||
e)
| Date of the transaction
| Exercise of options: 15 March 2017 Sale of shares: 15 March 2017 | ||||||
f)
| Place of the transaction
| London Stock Exchange, AIM | ||||||
For further information please contact:
Brady plc Ian Jenks, Executive Chairman Martin Thorneycroft, Finance Director | Telephone: +44(0)1223 479479 |
Cenkos Securities plc Ivonne Cantu (Nomad) Camilla Hume (Sales) |
Telephone: +44 (0)20 7397 8900 |
Redleaf Charlie Geller / Sam Modlin | Telephone: +44 (0)20 7382 4730
|
About Brady
Brady plc (BRY.L) is the largest European-headquartered provider of trading and risk management software to the global commodity and energy markets. Brady combines fully integrated and complete solutions supporting the entire commodity trading operation, from capture of financial and physical trading, through risk management, handling of physical operations to back office financials and treasury settlement, for energy, refined, unrefined and scrap metals, soft commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets with some 400 customers worldwide who depend on Brady's software solutions to deliver vital business transactions across their global operations. Brady clients include many of the world's largest financial institutions, trading companies, miners, refiners and producers, recycling companies, scrap processors, tier one banks and a large number of London Metal Exchange (LME) Category 1 and 2 clearing members and many leading European energy generators, traders and consumers.
For further information visit: www.bradyplc.com
Brady plc: Twitter/Facebook/LinkedIn