PDMR/PCA Transaction - Initial Notification

RNS Number : 5570E

AJ Bell PLC

04 July 2019

 

AJ Bell plc (Company)

PDMR/PCA Transaction - Initial Notification

The Company announces that it was notified on 3 July 2019, that Christopher Bruce Robinson, a person discharging managerial responsibility (PDMR) in the Company, had transferred 380,000 ordinary shares of £0.000125 each in the Company, to his wife, Diana Lee Robinson, a person closely associated with him (PCA) for nil consideration. The transaction took place on 3 July 2019.

The transaction was entered into in accordance with an exception from the lock up arrangements applicable to Management Selling Shareholders (as defined in the prospectus published in relation to the initial public offering of the Company's shares on 27 November 2018 (Prospectus), as described in paragraph 10 of Part 7 (Details of the Offer) of the Prospectus, of one year in respect of 100% of their shareholdings at Admission (as defined in the Prospectus) and a further one year in respect of 50% of such shareholdings. Notwithstanding the transactions, the Ordinary Shares remain subject to the terms of such lock up arrangements.

Following the transactions, there has been no change in the number of shares in which Christopher Bruce Robinson has an interest.

This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.

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	Christopher Bruce Robinson
2	Reason for the notification
a)	Position/status	Group Legal Services Director/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)	LEI	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	Ordinary shares of £0.000125 each
	Identification code	GB00BFZNLB60
b)	Nature of the transaction	Transfer for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s)  GBP Nil  380,000
d)	Aggregated information ·      Aggregated volume ·      Price	380,000  GBP Nil
e)	Date of the transaction	3 July 2019
f)	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

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Diana Lee Robinson
2	Reason for the notification
a)	Position/status	PCA of Christopher Bruce Robinson, Group Legal Services Director/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)	LEI	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	Ordinary shares of £0.000125 each
	Identification code	GB00BFZNLB60
b)	Nature of the transaction	Receipt for nil consideration
c)	Price(s) and volume(s)	Price(s) Volume(s)  GBP Nil 380,000
d)	Aggregated information ·      Aggregated volume ·      Price	380,000 GBP  Nil
e)	Date of the transaction	3 July 2019
f)	Place of the transaction	Outside of a trading venue

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

Date of notification: 4 July 2019 

 

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