30 Jul 2020 15:41
MJ Hudson Group plc
(the "Company", "Group" or "MJ Hudson")
EBT Purchase & PCA Dealings
The Company has been notified that on 29 July 2020, the MJ Hudson Group plc Employee Benefit Trust (the ''EBT'') acquired an additional 952,365 ordinary shares in the Company at a price of 50p per share. As a result of this, the EBT now holds 1,702,365 ordinary shares in the Company, representing approximately 0.99 per cent of its issued share capital.
Of these purchases, 350,000 shares, representing 0.2 per cent. of the Company's issued share capital, were purchased by the EBT from Katherine Hudson, spouse of the Company's CEO, Matthew Hudson. Following this transaction, Katherine remains interested in 8,517,340 ordinary shares in the Company and Matthew Hudson continues to hold 38,865,271 ordinary shares, with their combined holding representing, in aggregate, 27.7 per cent. of the Company's issued share capital.
The EBT will continue to make purchases in order to satisfy obligations arising from the existing MJ Hudson staff incentive plans, as set out in the Company's AIM admission document, as well as other share and options awards granted to employees over time.
Further information is set out below in accordance with article 19(3) of the Market Abuse Regulation:
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Katherine Hudson | ||||
2. | Reason for the Notification | |||||
a) | Position/status | Spouse of, and therefore a person closely associated with, the Matthew Hudson, the CEO. | ||||
b) | Initial notification/Amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | MJ Hudson Group plc | ||||
b) | LEI | 213800PPN2SYLFTMEN54 | ||||
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 nil par value | ||||
Identification code | JE00BJTLYP93 | |||||
b) | Nature of the transaction | Sale of ordinary shares
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c) | Price(s) and volume(s) |
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d) | Aggregated information: · Aggregated volume · Price |
N/A - single transaction
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e) | Date of the transaction | 29 July 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
For further information, please contact:
MJ Hudson Group plc Matthew Hudson, CEO Andrew Walsh, IRO Katherine Hazelden, PR Director
| +44 20 3463 3200 |
Cenkos Securities (Nomad and Broker) Giles Balleny Stephen Keys Callum Davidson Harry Hargreaves
| +44 20 7397 8900 |
About MJ Hudson
MJ Hudson, the international asset management consultancy, provides expertise and infrastructure support to fund managers, investors and other specialists in the asset management industries. The Group's services include law, fund management solutions, international administration, investment advisory, data & analytics and IR & Marketing.
This comprehensive range of capabilities, coupled with MJ Hudson's ability to draw on many industry perspectives, allows the Group to build project teams that are extremely effective at helping clients achieve multiple goals. From its offices across major asset management centres, MJ Hudson's team of more than 180 professionals work for clients managing and advising in excess of $1trn of assets. The Group has expertise in all traditional and alternative asset classes, including equities and bonds, private equity, venture capital, hedge funds, real estate, infrastructure, energy and credit.