24 Aug 2016 18:16
24 August 2016
Marshall Motor Holdings PLC
(the 'Company')
Director/PDMR Shareholding
The Company has been notified that on 24 August 2016, Peter Cakebread, Managing Director of Marshall Leasing, transferred 50,000 ordinary shares of 64p each in the Company to his wife for nil consideration. Following the transfer, Peter Cakebread's beneficial interest in the Company's shares remains unchanged at 128,404 shares representing approximately 0.17 percent of the Company's issued share capital.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Peter Cakebread | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Managing Director of Marshall Leasing | ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Marshall Motor Holdings 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 64 pence each
ISIN: GB00BVYB2Q58
| ||||
b)
| Nature of the transaction
| Transfer of shares to wife for nil consideration | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume - Price
| As above
| ||||
e)
| Date of the transaction
| 24 August 2016 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
For further information and enquiries please contact:
Marshall Motor Holdings plc | c/o Hudson Sandler |
Stephen Jones, Company Secretary | Tel: +44 (0) 20 7796 4133 |
Notes to Editors
About Marshall Motor Holdings plc (www.mmhplc.com)
The Group's principal activities are the sale and repair of new and used vehicles through Marshall Motor Group and the leasing of vehicles through Marshall Leasing. Following the acquisition of Ridgeway Garages (Newbury) Limited announced on 26 May 2016, the Group's businesses have a total of 103 franchises covering 24 brands, operating from 89 sites across 25 counties in England. In addition, the Group operates five trade parts specialists, seven used car centres, four standalone body shops and one PDI centre.
In May 2016 the Group was recognised by the Great Place to Work Institute, being ranked the 19th best place to work in the UK (large company category).