Bloomsbury Publishing PLC Director/PDMR Shareholdings (2010I)

TIDMBMY

RNS Number : 2010I

Bloomsbury Publishing PLC

10 August 2021

10 August 2021

Bloomsbury Publishing Plc (the "Company")

Director/PDMR Shareholdings

Sale of shares following the vesting and exercise of options under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

The Company announced on 3 August 2021 that the conditional share award granted in July 2018 under the 2014 PSP vested in full on 31 July 2021.

Nigel Newton, Chief Executive and PDMR, acquired 221,292 ordinary shares of 1.25 pence in the Company (" Ordinary Shares ") (comprising 201,851 vested 2014 PSP shares and 19,441 dividend equivalent shares, both for nil consideration). Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 70,635 Ordinary Shares (comprising 64,430 vested 2014 PSP shares and 6,205 dividend equivalent shares, both for nil consideration).

On 9 August 2021, Mr Newton and Ms Scott-Bayfield sold 104,558 and 33,374 Ordinary Shares respectively at an average price of GBP3.4224 per share in order to fund the tax liability, National Insurance liability and administrative fees arising on vesting. Mr Newton and Ms Scott-Bayfield retained the balance of 116,734 and 37,261 Ordinary Shares respectively.

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

 
 PDMR                    Total shareholding    Percentage of the 
                          in the Company        Company's issued share 
                                                capital 
                         1,307,139 Ordinary 
 Nigel Newton             Shares               1.6019% 
                        --------------------  ------------------------ 
                         37,261 Ordinary 
 Penny Scott-Bayfield     Shares               0.0004% 
                        --------------------  ------------------------ 
 

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                  Sale of Ordinary Shares to meet tax liability, 
       the transaction            National Insurance liability and administrative 
                                  fees. 
     -------------------------  ------------------------------------------------- 
 c)   Price(s)                    Price        No. of shares 
       and volume(s)               GBP3.4224    104,558 
                                               -------------- 
     -------------------------  ------------------------------------------------- 
 d)   Aggregated 
       information 
        *    Aggregated volume 
 
 
        *    Aggregated price 
     -------------------------  ------------------------------------------------- 
 e)   Date of                    9 August 2021 
       the transaction 
     -------------------------  ------------------------------------------------- 
 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                  Sale of Ordinary Shares to meet tax liability, 
       the transaction            National Insurance liability and administrative 
                                  fees. 
     -------------------------  ------------------------------------------------- 
 c)   Price(s)                    Price        No. of shares 
       and volume(s)               GBP3.4224    33,374 
                                               -------------- 
     -------------------------  ------------------------------------------------- 
 d)   Aggregated 
       information 
        *    Aggregated volume 
 
 
        *    Aggregated price 
     -------------------------  ------------------------------------------------- 
 e)   Date of                    9 August 2021 
       the transaction 
     -------------------------  ------------------------------------------------- 
 f)   Place of                   London Stock Exchange 
       the transaction 
     -------------------------  ------------------------------------------------- 
 

Enquiries:

Maya Abu-Deeb

Group General Counsel & Company Secretary

Bloomsbury Publishing Plc

   Telephone:         [phone] 
   Email:                  [e-mail] 

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August 10, 2021 10:07 ET (14:07 GMT)