Marlowe PLC Director/PDMR Shareholding (7842F)

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RNS Number : 7842F

Marlowe PLC

11 March 2020

11 March 2020

Marlowe plc

("Marlowe" or the "Group")

Director/PDMR Shareholding

Marlowe plc ("Marlowe" or the "Group"), the specialist services group focused on developing companies which assure safety and regulatory compliance, notifies that, on 11 March 2020, in order to effect a transfer between legal holdings, Alex Dacre (Chief Executive of the Group) sold 2,612,613 ordinary shares of 50 pence each in the capital of the Group ("Ordinary Shares") to Dacre Holdings Limited , a company wholly owned and controlled by Mr Dacre, at a price of 444 pence per Ordinary Share.

There is no change to Mr Dacre's beneficial interest in Ordinary Shares as a result of this transaction. Mr Dacre holds a beneficial interest in a total of 3,521,334 Ordinary Shares, representing approximately 7.7 per cent of the Company's issued share capital.

 
 
 For further information:                        www.marloweplc.com 
 
 Marlowe plc                                     0203 813 8498 
 Alex Dacre, Chief Executive                     [e-mail] 
 Mark Adams, Group Finance Director 
 
 Cenkos Securities (Nominated Adviser & Joint 
  Broker)                                        0207 397 8900 
 Nicholas Wells 
  Ben Jeynes 
  Harry Hargreaves 
 
 Joh. Berenberg, Gossler & Co. KG, London 
  Branch (Joint Broker)                          0203 207 7800 
  Ben Wright 
  Mark Whitmore 
 
  FTI Consulting                                  0203 727 1340 
 Nick Hasell 
 Alex Le May 
 

Template for 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                                    Alex Dacre 
      --------------------------------------  ---------------------------------------- 
 2     Reason for the notification 
      -------------------------------------------------------------------------------- 
 a)    Position/status                         Chief Executive 
      --------------------------------------  ---------------------------------------- 
 b)    Initial notification                    Initial notification 
        /Amendment 
      --------------------------------------  ---------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      -------------------------------------------------------------------------------- 
 a)    Name                                    Marlowe plc 
      --------------------------------------  ---------------------------------------- 
 b)    LEI                                     213800ZWSR4SBOM6B608 
      --------------------------------------  ---------------------------------------- 
 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                      Ordinary shares of 50 pence each 
        financial instrument, 
        type of instrument 
       Identification code                     ISIN: GB00BD8SLV43 
      --------------------------------------  ---------------------------------------- 
 b)    Nature of the transaction               Sale of ordinary shares to effect 
                                                transfer between legal holdings 
      --------------------------------------  ---------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ------------------  ----------------- 
                                                Price(s)            Volume(s) 
                                               ------------------  ----------------- 
    444 pence                                                       2,612,613 
   --------------------------------------------------------------  ----------------- 
 
 d)    Aggregated information 
  - Aggregated volume                     2,612,613 
  - Price                                 GBP 11,600,001.72 
 --------------------------------------  --------------------------------------------- 
 e)    Date of the transaction                 11 March 2020 
      --------------------------------------  ---------------------------------------- 
 f)    Place of the transaction                Outside trading venue 
      --------------------------------------  ---------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                    Dacre Holdings Limited 
      --------------------------------------  -------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 a)    Position/status                         Person closely associated with Alex 
                                                Dacre, Chief Executive 
      --------------------------------------  -------------------------------------------- 
 b)    Initial notification                    Initial notification 
        /Amendment 
      --------------------------------------  -------------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------------ 
 a)    Name                                    Marlowe plc 
      --------------------------------------  -------------------------------------------- 
 b)    LEI                                     213800ZWSR4SBOM6B608 
      --------------------------------------  -------------------------------------------- 
 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                      Ordinary shares of 50 pence each 
        financial instrument, 
        type of instrument 
       Identification code                     ISIN: GB00BD8SLV43 
      --------------------------------------  -------------------------------------------- 
 b)    Nature of the transaction               Purchase of ordinary shares to effect 
                                                transfer between legal holdings 
      --------------------------------------  -------------------------------------------- 
 c)    Price(s) and volume(s) 
                                               --------------------  ------------------- 
                                                Price(s)              Volume(s) 
                                               --------------------  ------------------- 
    444 pence                                                         2,612,613 
   ----------------------------------------------------------------  ------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                     2,612,613 
  - Price                                 GBP 11,600,001.72 
 --------------------------------------  ------------------------------------------------- 
 e)    Date of the transaction                 11 March 2020 
      --------------------------------------  -------------------------------------------- 
 f)    Place of the transaction                Outside trading venue 
      --------------------------------------  -------------------------------------------- 
 

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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March 11, 2020 07:24 ET (11:24 GMT)