Director/PDMR Shareholding

RNS Number : 7842F

Marlowe PLC

11 March 2020

 

11 March 2020

Marlowe plc

("Marlowe" or the "Group")

Director/PDMR Shareholding

Marlowe plc ("Marlowe" or the "Group"), the specialist services group focused on developing companies which assure safety and regulatory compliance, notifies that, on 11 March 2020, in order to effect a transfer between legal holdings, Alex Dacre (Chief Executive of the Group) sold 2,612,613 ordinary shares of 50 pence each in the capital of the Group ("Ordinary Shares") to Dacre Holdings Limited , a company wholly owned and controlled by Mr Dacre, at a price of 444 pence per Ordinary Share.

There is no change to Mr Dacre's beneficial interest in Ordinary Shares as a result of this transaction. Mr Dacre holds a beneficial interest in a total of 3,521,334 Ordinary Shares, representing approximately 7.7 per cent of the Company's issued share capital.

For further information:	www.marloweplc.com
Marlowe plc	0203 813 8498
Alex Dacre, Chief Executive	[e-mail]
Mark Adams, Group Finance Director
Cenkos Securities (Nominated Adviser & Joint Broker)	0207 397 8900
Nicholas Wells Ben Jeynes Harry Hargreaves
Joh. Berenberg, Gossler & Co. KG, London Branch (Joint Broker) Ben Wright Mark Whitmore FTI Consulting	0203 207 7800 0203 727 1340
Nick Hasell
Alex Le May

Template for 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	Sale of ordinary shares to effect transfer between legal holdings
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			444 pence	2,612,613
d)	Aggregated information
	- Aggregated volume	2,612,613
	- Price	£ 11,600,001.72
e)	Date of the transaction	11 March 2020
f)	Place of the transaction	Outside trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dacre Holdings Limited
2	Reason for the notification
a)	Position/status	Person closely associated with Alex Dacre, 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	Purchase of ordinary shares to effect transfer between legal holdings
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			444 pence	2,612,613
d)	Aggregated information
	- Aggregated volume	2,612,613
	- Price	£ 11,600,001.72
e)	Date of the transaction	11 March 2020
f)	Place of the transaction	Outside trading venue

 

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