Bloomsbury Publishing PLC Director/PDMR Shareholding (6930K)

TIDMBMY

RNS Number : 6930K

Bloomsbury Publishing PLC

29 August 2023

29 August 2023

Bloomsbury Publishing Plc (the "Company")

Director/PDMR Shareholding

Vesting and Exercise of awards under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

As noted in the Company's annual report and accounts, on 28 August 2023, the conditional share awards granted in August 2020 under the 2014 PSP vested in full based on the level of the Company's achievement against relevant performance conditions.

Nigel Newton, Chief Executive and PDMR, acquired 243,947 ordinary shares of 1.25 pence in the Company ("Ordinary Shares") (comprising 222,142 vested 2014 PSP shares and 21,805 dividend equivalent shares, both for nil consideration).

Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 152,375 Ordinary Shares (comprising 138,755 vested 2014 PSP shares and 13,620 dividend equivalent shares, both for nil consideration).

Following these transactions, the shareholdings of Mr Newton and Ms Scott-Bayfield (including persons closely associated) in the Company are as follows:

 
 PDMR                    Total shareholding    Percentage of the 
                          in the Company        Company's issued share 
                                                capital 
                         1,668,616 Ordinary 
 Nigel Newton             Shares               2.04% 
                        --------------------  ------------------------ 
                         256,691 Ordinary 
 Penny Scott-Bayfield     Shares               0.31% 
                        --------------------  ------------------------ 
 

This vesting was satisfied through the transfer of shares from the Bloomsbury Employee Benefit Trust.

Notifications

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Nigel Newton 
     -------------------------  ----------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------- 
 a)   Position/status            Chief Executive 
     -------------------------  ----------------------------------------------------- 
 b)   Initial                    Initial notification 
       notification 
       /Amendment 
     -------------------------  ----------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------- 
 a)   Name                       Bloomsbury Publishing PLC 
     -------------------------  ----------------------------------------------------- 
 b)   LEI                        213800ZL2PEC4C6UOQ53 
     -------------------------  ----------------------------------------------------- 
 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                Ordinary Shares of 1.25p Each 
       of the financial 
       instrument, 
       type of                    ISIN: GB0033147751 
       instrument 
       Identification 
       code 
     -------------------------  ----------------------------------------------------- 
 b)   Nature of                             1. Vesting of 2014 PSP 
       the transaction                       2. Receipt of dividend equivalent shares 
     -------------------------  ----------------------------------------------------- 
 c)   Price(s)                    Price   No. of shares 
       and volume(s)               0p      243,947 
                                          -------------- 
     -------------------------  ----------------------------------------------------- 
 d)   Aggregated                 243,947 shares 
       information                0 pence 
        *    Aggregated volume 
 
 
        *    Aggregated price 
     -------------------------  ----------------------------------------------------- 
 e)   Date of                               1. 29 August 2023 
       the transaction 
                                             2. 29 August 2023 
     -------------------------  ----------------------------------------------------- 
 f)   Place of                   London Stock Exchange 
       the transaction 
     -------------------------  ----------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Penny Scott-Bayfield 
     -------------------------  ----------------------------------------------------- 
 2    Reason for the notification 
     -------------------------------------------------------------------------------- 
 a)   Position/status            Group Finance Director 
     -------------------------  ----------------------------------------------------- 
 b)   Initial                    Initial notification 
       notification 
       /Amendment 
     -------------------------  ----------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     -------------------------------------------------------------------------------- 
 a)   Name                       Bloomsbury Publishing PLC 
     -------------------------  ----------------------------------------------------- 
 b)   LEI                        213800ZL2PEC4C6UOQ53 
     -------------------------  ----------------------------------------------------- 
 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                Ordinary Shares of 1.25p Each 
       of the financial 
       instrument, 
       type of                    ISIN: GB0033147751 
       instrument 
       Identification 
       code 
     -------------------------  ----------------------------------------------------- 
 b)   Nature of                             1. Vesting of 2014 PSP 
       the transaction                       2. Receipt of dividend equivalent shares 
     -------------------------  ----------------------------------------------------- 
 c)   Price(s)                    Price   No. of shares 
       and volume(s)               0p      152,375 
                                          -------------- 
     -------------------------  ----------------------------------------------------- 
 d)   Aggregated                 152,375 shares 
       information                0 pence 
        *    Aggregated volume 
 
 
        *    Aggregated price 
     -------------------------  ----------------------------------------------------- 
 e)   Date of                               1. 29 August 2023 
       the transaction 
                                             2. 29 August 2023 
     -------------------------  ----------------------------------------------------- 
 f)   Place of                   London Stock Exchange 
       the transaction 
     -------------------------  ----------------------------------------------------- 
 

For further information, please contact:

 
 Bloomsbury Publishing Plc 
 Maya Abu-Deeb, Group General Counsel &    [e-mail] 
  Company Secretary 
 Hudson Sandler                            [phone] 
 Dan de Belder / Emily Brooker             [e-mail] 
 

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August 29, 2023 09:11 ET (13:11 GMT)