Director/PDMR Shareholding & Holding(s) in Company

Marlowe PLC

23 May 2024

 

23 May 2024

Marlowe plc

Director/PDMR Shareholding

Holding(s) in Company

Marlowe plc ("Marlowe" or the "Group"), the leader in business-critical services, announces that, it was notified on 23 May 2024 that, following the purchase of 3,422,809 ordinary shares of 50 pence each in the Company ("Ordinary Shares") on 22 May 2024 at a price of £5.48 per Ordinary Share, Lord Michael Ashcroft, a non-executive director of Marlowe, now holds a beneficial interest in 15,310,170 Ordinary Shares, representing 15.81 per cent. of the Group's issued share capital.

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details.

The Company also announces that it was notified on 23 May 2024 that Alex Dacre no longer holds a notifiable interest in the Group.

For further information:

Marlowe plc
Kevin Quinn, Executive Chair		www.marloweplc.com
Adam Councell, Chief Financial Officer		Tel: [phone]
Benjamin Tucker, Head of Investor Relations
Cavendish Capital Markets Limited (Nominated Adviser and Joint Broker)
Ben Jeynes		Tel: [phone]
George Lawson
Investec Bank plc (Joint Broker)
Henry Reast	Tel: [phone]
Oliver Cardigan
FTI Consulting
Nick Hasell	Tel: [phone]
Alex Le May

About Marlowe plc

Marlowe is a leader in business-critical services which ensures compliance with strict regulations and insurance requirements across Fire Safety & Security, Water & Air Hygiene and Occupational Health. The Gorup has a national footprint and serves over 30,000 customers across office complexes, high streets & leisure facilities, manufacturing plants and industrial estates, and include thousands of SMEs, local authorities, facilities management providers, multi-site NHS trusts and FTSE 100 companies.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Lord Michael Ashcroft
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	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	Purchase of ordinary shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			548 pence	3,422,809
d)	Aggregated information	N/A single transaction
	- Aggregated volume
	- Price
e)	Date of the transaction	22 May 2024
f)	Place of the transaction	AIMX

 

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