9 Apr 2024 17:02
BlackRock Throgmorton Trust Plc - Director/PDMR ShareholdingBlackRock Throgmorton Trust Plc - Director/PDMR Shareholding
PR Newswire
LONDON, United Kingdom, April 09
BlackRock Throgmorton Trust plc
LEI: 5493003B7ETS1JEDPF59
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
The Company has received notification that Louise Nash, a director of the Company:
(i) purchased 1,035 ordinary shares in the Company on 16 January 2024 at a price of £5.9605 per share (for a consideration of £6,169.12); and
(ii) sold 1,035 ordinary shares in the Company on 27 March 2024 at a price of £5.9605 per share (for a consideration of £6,169.12).
Such purchase and sale were undertaken pursuant to a discretionary investment management agreement between Ms Nash and a third-party discretionary investment manager (the "Discretionary Manager") notwithstanding a standing instruction of Ms Nash to the Discretionary Manager not to trade in the Company's shares on her behalf. The Discretionary Manager, discovering its error in acquiring shares in the Company in January 2024, contrary to Ms Nash's standing instructions, sold the shares on 27 March 2024 in an attempt to reverse the transaction. The Discretionary Manager first informed Ms Nash of these transactions on 2 April 2024 following the sale of the shares in question.
Following these transactions, Ms Nash holds 3,900 ordinary shares in the Company.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||||
a) | Name
| Louise Nash | ||||||
2 | Reason for the notification | |||||||
a) | Position/status | Non-Executive Director | ||||||
b) | Initial notification/Amendment | Initial notification
| ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | BlackRock Throgmorton Trust plc | ||||||
b) | LEI | 5493003B7ETS1JEDPF59 | ||||||
4.1 | 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 5p each (shares)GB00008910555
| ||||||
b) | Nature of the transaction | Purchase of shares
| ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information- Aggregated volume- Price
| n/a | ||||||
e) | Date of the transaction | 2024-01-16 | ||||||
f) | Place of the transaction | London Stock Exchange (XLON)
| ||||||
4.2 | 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 5p each (shares)GB00008910555
| ||||||
b) | Nature of the transaction | Sale of shares | ||||||
c) | Price(s) and volume(s)
|
| ||||||
d) | Aggregated information- Aggregated volume- Price
| n/a | ||||||
e) | Date of the transaction | 2024-03-27 | ||||||
f) | Place of the transaction | Off exchange
| ||||||
Enquiries:
Kevin Mayger
for and on behalf of BlackRock Investment Management (UK) Limited
Company Secretary
020 7743 1098
9 April 2024
Throgmorton Trust (THRG)