AJ Bell PLC PDMR/PCA Transaction - Initial Notification (5570E)

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RNS Number : 5570E

AJ Bell PLC

04 July 2019

AJ Bell plc (Company)

PDMR/PCA Transaction - Initial Notification

The Company announces that it was notified on 3 July 2019, that Christopher Bruce Robinson, a person discharging managerial responsibility (PDMR) in the Company, had transferred 380,000 ordinary shares of GBP0.000125 each in the Company, to his wife, Diana Lee Robinson, a person closely associated with him (PCA) for nil consideration. The transaction took place on 3 July 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 transactions, the Ordinary Shares remain subject to the terms of such lock up arrangements.

Following the transactions, there has been no change in the number of shares in which Christopher Bruce Robinson has an interest.

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 for nil consideration 
     -----------------------------------------------------------  ---------------------------------------------------- 
c)                     Price(s) and volume(s)                                     Price(s)   Volume(s) 
                                                                                    GBP Nil    380,000 
                                                                                             --------- 
     -----------------------------------------------------------  ---------------------------------------------------- 
 d)                       Aggregated information 
                           *    Aggregated volume                                        380,000 
                                                                                         GBP Nil 
 
 
                                 *    Price 
     -----------------------------------------------------------  ---------------------------------------------------- 
e)                     Date of the transaction                                        3 July 2019 
     -----------------------------------------------------------  ---------------------------------------------------- 
f)                    Place of the transaction                                 Outside of 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 of Christopher Bruce Robinson, 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                Ordinary shares of GBP0.000125 each 
                            instrument 
     --------------------------------------------------------  ------------------------------------------------------- 
                       Identification code                                          GB00BFZNLB60 
     --------------------------------------------------------  ------------------------------------------------------- 
b)                  Nature of the transaction                               Receipt for nil consideration 
     --------------------------------------------------------  ------------------------------------------------------- 
c)                    Price(s) and volume(s)                                    Price(s)   Volume(s) 
                                                                                  GBP Nil    380,000 
                                                                                            --------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)                      Aggregated information 
                          *    Aggregated volume                                        380,000 
                                                                                        GBP Nil 
 
 
                                *    Price 
     --------------------------------------------------------  ------------------------------------------------------- 
e)                   Date of the transaction                                         3 July 2019 
     --------------------------------------------------------  ------------------------------------------------------- 
f)                   Place of the transaction                                Outside of a trading venue 
     --------------------------------------------------------  ------------------------------------------------------- 
 

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

Date of notification: 4 July 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.

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July 04, 2019 10:33 ET (14:33 GMT)