AJ Bell PLC Director/PDMR/PCA Transaction-Initial Notification (1743T)

TIDMAJB

RNS Number : 1743T

AJ Bell PLC

18 March 2019

AJ Bell plc (Company)

Director/PDMR/PCA Transaction - Initial Notification

The Company announces that it was notified on 15 March 2019, that Christopher Bruce Robinson a person discharging managerial responsibility (PDMR) in the Company has transferred 120,638 ordinary shares of GBP0.000125 each in the Company (Ordinary Shares) to his wife, Diana Lee Robinson, a person closely associated (PCA). The transfer took place on 15 March 2019.

The transaction was entered into in accordance with an exception from the lock up arrangements applicable to Management Selling Shareholders (as defined in the prospectus published in relation to the initial public offering of the Company's shares on 27 November 2018 (Prospectus), as described in paragraph 10 of Part 7 (Details of the Offer) of the Prospectus, of one year in respect of 100% of their shareholdings at Admission (as defined in the Prospectus) and a further one year in respect of 50% of such shareholdings. Notwithstanding the transaction, the Ordinary Shares remain subject to the terms of such lock up arrangements.

Following the transaction, there has been no change in the number of shares in which Christopher Bruce Robinson has an interest. The shares had previously been held by Christopher Bruce Robinson on trust for his wife, Diana Lee Robinson.

This announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.

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                                           Christopher Bruce Robinson 
     -----------------------------------------------------------  ---------------------------------------------------- 
 2                                              Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
a)                         Position/status                        Group Legal Services Director/Company Secretary/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 of GBP0.000125 each 
     -----------------------------------------------------------  ---------------------------------------------------- 
                         Identification code                                          GB00BFZNLB60 
     -----------------------------------------------------------  ---------------------------------------------------- 
b)                    Nature of the transaction                        Transfer of Ordinary Shares to spouse/PCA 
     -----------------------------------------------------------  ---------------------------------------------------- 
c)                     Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                                     GBP 0     120,638 
                                                                                             --------- 
     -----------------------------------------------------------  ---------------------------------------------------- 
 d)                       Aggregated information 
 
                           *    Aggregated volume                                        120,638 
 
                                                                                          GBP 0 
 
                                 *    Price 
     -----------------------------------------------------------  ---------------------------------------------------- 
e)                     Date of the transaction                                       15 March 2019 
     -----------------------------------------------------------  ---------------------------------------------------- 
f)                    Place of the transaction                                  Outside a trading venue 
     -----------------------------------------------------------  ---------------------------------------------------- 
 

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                                              Diana Lee Robinson 
      --------------------------------------------------------  ------------------------------------------------------ 
 2                                              Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)                       Position/status                       PCA/ Christopher Bruce Robinson (Group Legal Services 
                                                                             Director/Company Secretary) 
      --------------------------------------------------------  ------------------------------------------------------ 
 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                         Ordinary Shares 
                             instrument 
      --------------------------------------------------------  ------------------------------------------------------ 
                        Identification code                                          GB00BFZNLB60 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)                  Nature of the transaction                       Transfer of Ordinary Shares from spouse/PDMR 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)                    Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                                                    GBP 0     120,638 
                                                                                             --------- 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)       Aggregated information 
      --------------------------------------------------------  ------------------------------------------------------ 
 
         *    Aggregated volume                                                        120,638 
 -------------------------------------------------------------  ------------------------------------------------------ 
                                                                                        GBP 0 
         *    Price 
 -------------------------------------------------------------  ------------------------------------------------------ 
 e)                   Date of the transaction                                       15 March 2019 
      --------------------------------------------------------  ------------------------------------------------------ 

 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: 18 March 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

DSHUWUARKAAOAAR

(END) Dow Jones Newswires

March 18, 2019 07:23 ET (11:23 GMT)