Director/PDMR Shareholding

RNS Number : 7530I

AJ Bell PLC

15 December 2020

 

AJ Bell plc

("AJ Bell", the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that it has been notified of the below transactions (Transactions). 

(1)  The senior managers/persons discharging managerial responsibility (PDMRs)  who are named in column (1) of the below table purchased the number of shares set alongside their respective names in column (2) of the below table under the Company's Buy As You Earn scheme (BAYE) on 11 December 2020 at a price of £4.2959 per Ordinary Share.

(1)	(2)
PDMR	Number of Ordinary Shares acquired
Charles Galbraith	35
Roger Stott	35
Bruce Robinson	35
Mo Tagari	35

(2)  Les Platts, a director/PDMR in the Company, has on 14 December 2020 in order to effect:

a)  a "Bed and ISA" transaction, sold 23,860   ordinary shares of £0.000125 each in the Company (Ordinary Shares) at a price of £4.35 per Ordinary Share and then repurchased into his AJ Bell individual savings account (ISA) the same number of 23,860  Ordinary Shares at a price of £4.3501 per Ordinary Share;

b)  a "Bed and SIPP" transaction, sold 35,790 Ordinary Shares at a price of £4.3525 per Ordinary Share and then repurchased into his AJ Bell self-invested personal pension account (SIPP) the same number of 35,790 Ordinary Shares at a price of £4.3525 per Ordinary Share.

(3)  Laura Carstensen, a director/PDMR in the Company, has sold 52,045 Ordinary Shares of £0.000125 each in the Company (Ordinary Shares) at a price of £ 4.275 per Ordinary Share on 14 December 2020.

(4)  Those persons who are named in column (1) of the below table, who are persons closely associated (PCA) with the PDMRs named in column (2) of the below table, sold the number of Ordinary Shares set alongside their respective names in column (3) of the below table at a price of £ 4.275   per Ordinary Share on 14 December 2020.

(1)	(2)	(3)
PCA	PDMR	Number of Ordinary Shares sold
Julie Stott	Roger Stott	356,000
Laura Petherick	Louis Petherick	30,000

(5)  Charles Galbraith, a senior manager/PDMR in the Company, has exercised options under the Company Share Option Plan to acquire 5,714 Ordinary Shares at an exercise price of £0.63 per Ordinary Share, with 832 Ordinary Shares being immediately sold at a price of £ 4.3372 per Ordinary Share to pay the exercise price. Both transactions took place on 15 December 2020.

(6)  Following completion of the Transactions, each of the PDMRs named in column (1) of the below table is interested in the number of Ordinary Shares in the Company and percentage of the Company's issued share capital set alongside their respective names in columns (2) and (3) of the below table.

(1)	(2)	(3)
PDMR	Number of shares in which interested	% of issued share capital
Les Platts	310,517	0.076
Laura Carstensen	0	0
Roger Stott	98,255	0.024
Louis Petherick	138,448	0.034
Charles Galbraith	2,030,497	0.494
Bruce Robinson	629,354	0.153
Mo Tagari	23,826	0.006

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.

ENQUIRIES

AJ Bell  

· Bruce Robinson, Company Secretary  [phone]

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)	Name	Charles Galbraith
2	Reason for the notification
a)	Position/status	Managing Director, AJ Bell Youinvest/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Purchase of shares under BAYE
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.2959	35
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	11 December 2020
g)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)	Name	Roger Stott
2	Reason for the notification
a)	Position/status	Group Finance Director/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Purchase of shares under BAYE
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.2959	35
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	11 December 2020
g)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)	Name	Bruce Robinson
2	Reason for the notification
a)	Position/status	Group Legal Service Director and Company Secretary/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Purchase of shares under BAYE
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.2959	35
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	11 December 2020
g)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)	Name	Mohamed Tagari
2	Reason for the notification
a)	Position/status	Chief Technology Officer/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Purchase of shares under BAYE
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.2959	35
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	11 December 2020
g)	Place of the transaction	London Stock Exchange

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	Leslie Platts
2	Reason for the notification
a)	Position/status	Chairman/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Sales of Ordinary Shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.35	23,860
		£4.3525	35,790
e)	Aggregated information
	Aggregated volume	59,650
	Aggregated Price	£259,566.975
f)	Date of the transaction	14 December 2020
g)	Place of the transaction	London Stock Exchange

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	Leslie Platts
2	Reason for the notification
a)	Position/status	Chairman/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Purchase of Ordinary Shares via ISA
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		4.3501	23,860
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	14 December 2020
g)	Place of the transaction	London Stock Exchange

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	Leslie Platts
2	Reason for the notification
a)	Position/status	Chairman/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Purchase of Ordinary Shares via SIPP
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		4.3525	35,790
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	14 December 2020
g)	Place of the transaction	London Stock Exchange

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	Laura Carstensen
2	Reason for the notification
a)	Position/status	Non-Executive Director/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.275	52,045
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	14 December 2020
g)	Place of the transaction	London Stock Exchange

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	Julie Stott
2	Reason for the notification
a)	Position/status	PCA with Roger Stott, Group Finance Director/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.275	356,000
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	14 December 2020
g)	Place of the transaction	London Stock Exchange

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	Laura Helen Petherick
2	Reason for the notification
a)	Position/status	PCA with Louis Petherick, Chief Risk Officer/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£4.275	30,000
e)	Aggregated information - Aggregated volume - Price - Aggregated total	N/A single transaction
f)	Date of the transaction	14 December 2020
g)	Place of the transaction	London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)	Name	Charles Galbraith
2	Reason for the notification
a)	Position/status	Managing Director, AJ Bell Youinvest/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Exercise of CSOP Options
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£0.63	5,714
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	15 December 2020
g)	Place of the transaction	Outside of a trading venue

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)	Name	Charles Galbraith
2	Reason for the notification
a)	Position/status	Managing Director, AJ Bell Youinvest/PDMR
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	AJ Bell plc
b)	Legal Entity Identifier	213800VNKA7DPWXWJJ36
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 £0.000125 each  GB00BFZNLB60
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Currency	GBP
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		£ 4.3372	832
e)	Aggregated information - Aggregated volume - Aggregated Price	N/A single transaction
f)	Date of the transaction	15 December 2020
g)	Place of the transaction	London Stock Exchange

Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)

Date of notification: 15 December 2020 

 

END

 

 

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