Issue of Equity and Director/PDMR Shareholding

RNS Number : 8138U

Marlowe PLC

31 July 2020

 

31 July 2020

Marlowe plc

Issue of Equity and Director/PDMR Shareholding

Marlowe plc (" Marlowe " or the " Company ") announces that it has issued a total of 46,048  new ordinary shares of 50 pence each in the Company (the " New Ordinary Shares ") to certain employees of the Company, at an effective issue price of £5.00 per New Ordinary Share, in respect of performance bonuses for the financial year ended 31 March 2020.

Application will be made to the London Stock Exchange plc for the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM and  admission is expected to occur at 8.00 a.m. on 6 August 2020.

The issue of the New Ordinary Shares includes the issue of 9,349 New Ordinary Shares to Alex Dacre, the Company's Chief Executive Officer, and 3,117 New Ordinary Shares to Mark Adams, the Company's Finance Director. The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details in this regard.

Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 54,459,807 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in Marlowe following admission will be 54,459,807.

The above figure of  54,459,807 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

Marlowe plc	www.marloweplc.com
Alex Dacre, Chief Executive	Tel: [phone]
Mark Adams, Group Finance Director	[e-mail]
Cenkos Securities plc - Nominated Adviser & Joint Broker
Nicholas Wells	Tel: [phone]
Ben Jeynes
Harry Hargreaves
Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker
Mark Whitmore Ben Wright	Tel: [phone]
Yudith Karunaratna
FTI Consulting
Nick Hasell	Tel: [phone]
Alex Le May

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	Award of bonus shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			500 pence	9,349
d)	Aggregated information
	- Aggregated volume	-
	- Price	-
e)	Date of the transaction	31 July 2020
f)	Place of the transaction	Outside of a trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Mark Adams
2	Reason for the notification
a)	Position/status	Group Finance 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	Award of bonus shares
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			500 pence	3,117
d)	Aggregated information
	- Aggregated volume	-
	- Price	-
e)	Date of the transaction	31 July 2020
f)	Place of the transaction	Outside of a trading venue

 

END

 

 

DSHDZGFNFMFGGZM