Last checked at 31 Jul 2020 14:46
31 July 2020
Marlowe plc
Issue of Equity and Director/PDMR Shareholding
Marlowe plc ("Marlowe" or the "Company") announces that it has issued a total of 46,048 new ordinary shares of 50 pence each in the Company (the "New Ordinary Shares") to certain employees of the Company, at an effective issue price of £5.00 per New Ordinary Share, in respect of performance bonuses for the financial year ended 31 March 2020.
Application will be made to the London Stock Exchange plc for the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM and admission is expected to occur at 8.00 a.m. on 6 August 2020.
The issue of the New Ordinary Shares includes the issue of 9,349 New Ordinary Shares to Alex Dacre, the Company's Chief Executive Officer, and 3,117 New Ordinary Shares to Mark Adams, the Company's Finance Director. The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details in this regard.
Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 54,459,807 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in Marlowe following admission will be 54,459,807.
The above figure of 54,459,807 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.
For further information:
Marlowe plc | www.marloweplc.com |
Alex Dacre, Chief Executive | Tel: +44 (0) 203 841 6194 |
Mark Adams, Group Finance Director | IR@marloweplc.com |
Cenkos Securities plc - Nominated Adviser & Joint Broker | |
Nicholas Wells | Tel: +44 (0)20 7397 8900 |
Ben Jeynes | |
Harry Hargreaves | |
Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker | |
Mark Whitmore Ben Wright | Tel: +44 (0)20 3207 7800 |
Yudith Karunaratna | |
FTI Consulting | |
Nick Hasell | Tel: +44 (0)20 3727 1340 |
Alex Le May | |
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 | Alex Dacre | |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Executive | |||
b) | Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Marlowe plc | |||
b) | LEI | 213800ZWSR4SBOM6B608 | |||
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 50 pence each | |||
Identification code | ISIN: GB00BD8SLV43 | ||||
b) | Nature of the transaction | Award of bonus shares | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| 500 pence | 9,349 |
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d)
| Aggregated information | ||||
- Aggregated volume | - | ||||
- Price | - | ||||
e) | Date of the transaction | 31 July 2020 | |||
f) | Place of the transaction | Outside of a trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Mark Adams | |||
2 | Reason for the notification | ||||
a) | Position/status | Group Finance Director | |||
b) | Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Marlowe plc | |||
b) | LEI | 213800ZWSR4SBOM6B608 | |||
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 50 pence each | |||
Identification code | ISIN: GB00BD8SLV43 | ||||
b) | Nature of the transaction | Award of bonus shares | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| 500 pence | 3,117 |
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d)
| Aggregated information | ||||
- Aggregated volume | - | ||||
- Price | - | ||||
e) | Date of the transaction | 31 July 2020 | |||
f) | Place of the transaction | Outside of a trading venue | |||