Marlowe PLC Issue of Equity and Director/PDMR Shareholding (8138U)

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RNS Number : 8138U

Marlowe PLC

31 July 2020

31 July 2020

Marlowe plc

Issue of Equity and Director/PDMR Shareholding

Marlowe plc (" Marlowe " or the " Company ") announces that it has issued a total of 46,048 new ordinary shares of 50 pence each in the Company (the " New Ordinary Shares ") to certain employees of the Company, at an effective issue price of GBP5.00 per New Ordinary Share, in respect of performance bonuses for the financial year ended 31 March 2020.

Application will be made to the London Stock Exchange plc for the New Ordinary Shares, which will rank pari passu with the Company's existing ordinary shares, to be admitted to trading on AIM and admission is expected to occur at 8.00 a.m. on 6 August 2020.

The issue of the New Ordinary Shares includes the issue of 9,349 New Ordinary Shares to Alex Dacre, the Company's Chief Executive Officer, and 3,117 New Ordinary Shares to Mark Adams, the Company's Finance Director. The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details in this regard.

Following admission of the New Ordinary Shares, the Company's issued ordinary share capital will comprise 54,459,807 ordinary shares, none of which are held in treasury. Therefore, the total number of ordinary shares with voting rights in Marlowe following admission will be 54,459,807.

The above figure of 54,459,807 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information:

 
 Marlowe plc                               www.marloweplc.com 
 Alex Dacre, Chief Executive               Tel: [phone] 
                                            6194 
 Mark Adams, Group Finance Director        [e-mail] 
 
 Cenkos Securities plc - Nominated Adviser & Joint Broker 
 Nicholas Wells                            Tel: [phone] 
                                            8900 
 Ben Jeynes 
 Harry Hargreaves 
 
 Joh. Berenberg, Gossler & Co. KG, London Branch - Joint Broker 
 Mark Whitmore                             Tel: [phone] 
  Ben Wright                                7800 
 Yudith Karunaratna 
 
 FTI Consulting 
 Nick Hasell                               Tel: [phone] 
                                            1340 
 Alex Le May 
 

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               Award of bonus shares 
      --------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ------------------  ---------------- 
                                                Price(s)            Volume(s) 
                                               ------------------  ---------------- 
    500 pence                                                       9,349 
   --------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
  - Aggregated volume                     - 
  - Price                                 - 
 --------------------------------------  -------------------------------------------- 
 e)    Date of the transaction                 31 July 2020 
      --------------------------------------  --------------------------------------- 
 f)    Place of the transaction                Outside of a trading venue 
      --------------------------------------  --------------------------------------- 
 
 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                    Mark Adams 
      --------------------------------------  --------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                         Group Finance Director 
      --------------------------------------  --------------------------------------- 
 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               Award of bonus shares 
      --------------------------------------  --------------------------------------- 
 c)    Price(s) and volume(s) 
                                               ------------------  ---------------- 
                                                Price(s)            Volume(s) 
                                               ------------------  ---------------- 
    500 pence                                                       3,117 
   --------------------------------------------------------------  ---------------- 
 
 d)    Aggregated information 
  - Aggregated volume                     - 
  - Price                                 - 
 --------------------------------------  -------------------------------------------- 
 e)    Date of the transaction                 31 July 2020 
      --------------------------------------  --------------------------------------- 
 f)    Place of the transaction                Outside of a 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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July 31, 2020 09:46 ET (13:46 GMT)