PDMRs exercise of EIP options

RNS Number : 3254G

AJ Bell PLC

16 March 2020

 

AJ Bell plc

("AJ Bell", the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that it has been notified that the PDMRs who are named in column (1) of the below table exercised nominal cost options under the Company's Executive Incentive Plan (EIP) on 13 March 2020 to acquire the number of Ordinary Shares set alongside their respective names in column (2) of the below table.

(1)	(2)
PDMR	Number of Ordinary Shares acquired
Andy Bell	143,202
Michael Summersgill	54,450

Following completion of the exercise of the above EIP options, the PDMRs who are named in column (1) of the below table is interested in the number of Ordinary Shares in the Company and percentage of the Company's issued share capital set alongside their respective names in columns (2) and (3) of the below table.

(1)	(2)	(3)
PDMR	Number of shares in which interested	% of issued share capital
Andy Bell	98,481,297	24.01
Michael Summersgill	1,905,250	0.46

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.

ENQUIRIES

AJ Bell  

· Bruce Robinson, Company Secretary  [phone]

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	Andrew Bell
2	Reason for the notification
a)	Position/status	Chief Executive Officer/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
	Identification code	GB00BFZNLB60
b)	Nature of the transaction	Exercise of EIP options
c)	Price(s) and volume(s)	Price(s) Volume(s)  £0.000125 143,202
d)	Aggregated information	Not applicable, single transaction
	Aggregated volume
	Price
e)	Date of the transaction	13 March 2020
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Summersgill
2	Reason for the notification
a)	Position/status	Chief Financial Officer/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
	Identification code	GB00BFZNLB60
b)	Nature of the transaction	Exercise of EIP options
c)	Price(s) and volume(s)	Price(s) Volume(s)  £0.000125 54,450
d)	Aggregated information	Not applicable, single transaction
	Aggregated volume
	Price
e)	Date of the transaction	13 March 2020
f)	Place of the transaction	Outside a trading venue

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

Date of notification: 16 March 2020 

 

END

 

 

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