Last checked at 1 Jun 2023 11:52
1 June 2023
Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Company")
Grant of Options and PDMR Dealing
Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that a total of 296,375 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options") have been granted on 31 May 2023 to the Executive Directors and senior executives of MAB. The Options have been granted under the Mortgage Advice Bureau Executive Share Option Plan and exercise of the Options is subject to the achievement of a performance condition based on growth in adjusted earnings per share. Subject to achievement of the performance condition, the Options will become exercisable on 2 April 2026. The exercise price for the Options is 0.1 pence, being the nominal cost of Ordinary Shares.
The total number of Ordinary Shares now under option is 765,256 representing 1.3% of the Company's issued share capital.
In addition, the Company has been notified that on 31 May 2023 certain Directors of the Company or their connected parties have purchased Ordinary Shares as set out below.
Director
| Date ofpurchase | Numberof Ordinary Shares | Purchaseprice | Total OrdinarySharesheld | % ISC held followingpurchase |
Ben Thompson | 31 May 2023 | 351 | 728.0p | 84,174 | 0.15% |
Lucy Tilley | 31 May 2023 | 1181 | 728.0p | 21,473 | 0.04% |
Nathan Imlach | 31 May 2023 | 260 | 722.0p | 27,462 | 0.05% |
1 These purchases are only in respect of the dividend received relating to Ordinary Shares held via MAB's Share Incentive Plan which are automatically reinvested in Ordinary Shares.
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 | 1. Peter Brodnicki 2. Ben Thompson 3. Lucy Tilley | ||||
2 | Reason for the notification | |||||
a) | Position/status | 1. Chief Executive Officer 2. Deputy Chief Executive Officer 3. Chief Financial Officer
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mortgage Advice Bureau (Holdings) plc | ||||
b) | LEI | 2138008AY1RA61T6W960 | ||||
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 0.1 pence each
ISIN: GB00BQSBH502 | ||||
b) | Nature of the transaction | Grant of Options
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Volume: 192,612 Price: £0 | ||||
e) | Date of the transaction | 31 May 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | 1) Ben Thompson 2) Lucy Tilley 3) Donna Imlach | ||||
2 | Reason for the notification | |||||
a) | Position/status | 1) Deputy Chief Executive Officer 2) Chief Financial Officer 3) Person closely associated with Person Discharging Managerial Responsibilities (Nathan Imlach, Senior Independent Director) | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Mortgage Advice Bureau (Holdings) plc | ||||
b) | LEI | 2138008AY1RA61T6W960 | ||||
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 0.1 pence each
ISIN: GB00BQSBH502 | ||||
b) | Nature of the transaction | Purchase of shares
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Volume: 413 Price: n/a
| ||||
e) | Date of the transaction | 1) 31 May 2023 2) 31 May 2023 3) 31 May 2023 | ||||
f) | Place of the transaction | London Stock Exchange, AIM | ||||
Enquiries:
Mortgage Advice Bureau (Holdings) plc | +44 (0)1332 525007 |
Peter Brodnicki, Chief Executive Officer Ben Thompson, Deputy Chief Executive Officer Lucy Tilley, Chief Financial Officer
| |
Nominated Adviser and Joint Broker: Numis Securities Limited Stephen Westgate / Giles Rolls
|
+44 (0)20 7260 1000 |
Joint Broker: Peel Hunt LLP Andrew Buchanan / Mike Burke |
+44 (0) 20 7418 8900 |
Media Enquiries: investorrelations@mab.org.uk |