EBT Purchase & PCA Dealings

RNS Number : 6617U

MJ Hudson Group PLC

30 July 2020

 

MJ Hudson Group plc

(the "Company", "Group" or "MJ Hudson")

EBT Purchase & PCA Dealings

The Company has been notified that on 29 July 2020, the MJ Hudson Group plc Employee Benefit Trust (the ''EBT'') acquired an additional 952,365 ordinary shares in the Company at a price of 50p per share.  As a result of this, the EBT now holds 1,702,365 ordinary shares in the Company, representing approximately 0.99 per cent of its issued share capital.

Of these purchases, 350,000 shares, representing 0.2 per cent. of the Company's issued share capital, were purchased by the EBT from Katherine Hudson, spouse of the Company's CEO, Matthew Hudson.  Following this transaction, Katherine remains interested in 8,517,340 ordinary shares in the Company and Matthew Hudson continues to hold 38,865,271 ordinary shares, with their combined holding representing, in aggregate, 27.7 per cent. of the Company's issued share capital. 

The EBT will continue to make purchases in order to satisfy obligations arising from the existing MJ Hudson staff incentive plans, as set out in the Company's AIM admission document, as well as other share and options awards granted to employees over time.

Further information is set out below in accordance with article 19(3) of the Market Abuse Regulation:

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Katherine Hudson
2.	Reason for the Notification
a)	Position/status	Spouse of, and therefore a person closely associated with, the Matthew Hudson, the CEO.
b)	Initial notification/Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	MJ Hudson Group plc
b)	LEI	213800PPN2SYLFTMEN54
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 nil par value
	Identification code	JE00BJTLYP93
b)	Nature of the transaction	Sale of ordinary shares
c)	Price(s) and volume(s)	Price(s) Volume  50p 350,000
d)	Aggregated information: ·Aggregated volume ·Price	N/A - single transaction
e)	Date of the transaction	29 July 2020
f)	Place of the transaction	Outside a trading venue

For further information, please contact:

MJ Hudson Group plc Matthew Hudson, CEO Andrew Walsh, IRO Katherine Hazelden, PR Director	[phone]
Cenkos Securities (Nomad and Broker) Giles Balleny Stephen Keys Callum Davidson Harry Hargreaves	[phone]

About MJ Hudson

MJ Hudson, the international asset management consultancy, provides expertise and infrastructure support to fund managers, investors and other specialists in the asset management industries. The Group's services include law, fund management solutions, international administration, investment advisory, data & analytics and IR & Marketing.

This comprehensive range of capabilities, coupled with MJ Hudson's ability to draw on many industry perspectives, allows the Group to build project teams that are extremely effective at helping clients achieve multiple goals. From its offices across major asset management centres, MJ Hudson's team of more than 180 professionals work for clients managing and advising in excess of $1trn of assets. The Group has expertise in all traditional and alternative asset classes, including equities and bonds, private equity, venture capital, hedge funds, real estate, infrastructure, energy and credit.

 

END

 

 

DSHDZGFNDGGGGZM