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Pin to quick picksMortgage Advice Bureau Regulatory News (MAB1)

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PDMR dealing

29 Mar 2021 13:58

RNS Number : 8426T
Mortgage Advice Bureau(Holdings)PLC
29 March 2021
Β 

29 March 2021

Mortgage Advice Bureau (Holdings) plcΒ ("MAB" or the "Company")

PDMR dealing

The Company has been notified that on 29 March 2021 Peter Brodnicki, Chief Executive Officer, and David Preece, Non-Executive Director, sold 3,075,000 and 600,000 ordinary shares of 0.1 pence each in the Company respectively at a price of 1,100 pence per share (the "Placing").

Following completion of the Placing, expected to occur on or about 31 March 2021, Peter Brodnicki will hold 10,401,227 ordinary shares in MAB, representing 19.6 per cent. of the Company's issued share capital and David Preece will hold 924,800 ordinary shares in MAB, representing 1.7 per cent. of the Company's issued share capital.

In addition, Katherine Innes Ker, Chair, today purchased 750 ordinary shares of 0.1p each in the Company at a price ofΒ 1,100 penceΒ per share. Katherine Innes Ker's resultant beneficial interest in the Company is therefore 14,617 ordinary shares, representing 0.03% of the Company's issued share capital.

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. David Preece

2

Reason for the notification

a)

Position/status

1. Chief Executive Officer

2. Non-Executive Director

Β 

b)

Β 

Initial notification /Amendment

Initial notification

3

Β 

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

Β 

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)

Β 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.1 pence each

Β 

Β 

ISIN: GB00BQSBH502

b)

Nature of the transaction

Sale of shares

Β 

c)

Price(s) and volume(s)

Β Price

No. of shares

1.

1,100.0p

3,075,000

2.

1,100.0p

600,000

Β 

d)

Aggregated information

- Aggregated volume

- Price

Volume: 3,675,000

Price: 1,100.0p

e)

Date of the transaction

29 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

Β 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Katherine Innes Ker

2

Reason for the notification

a)

Position/status

Chair

Β 

b)

Β 

Initial notification /Amendment

Initial notification

3

Β 

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

Β 

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)

Β 

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 0.1 pence each

Β 

Β 

ISIN: GB00BQSBH502

b)

Nature of the transaction

Purchase of shares

Β 

c)

Price(s) and volume(s)

Β Price

No. of shares

1,100.0p

750

Β 

d)

Aggregated information

- Aggregated volume

- Price

Volume: 750

Price: 1,100.0p

e)

Date of the transaction

29 March 2021

f)

Place of the transaction

London Stock Exchange, AIM

Β 

Enquiries:

Mortgage Advice Bureau (Holdings) plc

Β Β +44 (0)1332 525007

Peter Brodnicki, Chief Executive Officer

Ben Thompson, Deputy Chief Executive Officer

Lucy Tilley, Chief Financial Officer

Β 

Nominated Adviser and Broker:

Numis Securities Limited

Stephen Westgate / Hugo Rubinstein (Corporate Finance)

Β 

Β 

Β +44 (0)20 7260 1000

Media Enquiries:Β 

investorrelations@mab.org.uk

Β 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
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END
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