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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Mortgage Advice Bureau (holdings) Plc | LSE:MAB1 | London | Ordinary Share | GB00BQSBH502 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
6.00 | 0.68% | 888.00 | 894.00 | 904.00 | 900.00 | 878.00 | 896.00 | 10,735 | 16:35:02 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Loan Brokers | 239.53M | 13.47M | 0.2360 | 38.14 | 513.49M |
TIDMMAB1
RNS Number : 5748Q
Mortgage Advice Bureau(Holdings)PLC
07 June 2018
7 June 2018
Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Group")
Board Appointment
MAB is pleased to announce that Ben Thompson has today joined the Board of MAB as Managing Director of the Group. As announced previously on 4 April 2018, this is a new Board role within MAB that reflects the ambitions of the Group and the considerable opportunities that lie ahead.
Ben was most recently Chief Executive Officer of ULS Technology plc, the provider of online B2B platforms for the UK conveyancing and financial intermediary markets. Prior to that he held senior positions at Legal & General Group plc, where he ran their market-leading mortgage distribution business, as well as the banking division.
MAB has granted to Ben Thompson 59,263 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options"). The Options have been granted under the Mortgage Advice Bureau Executive Share Option Plan and exercise of the Options is subject to the achievement of performance conditions based on total shareholder return and earnings per share criteria. Subject to achievement of the performance conditions, the Options will be exercisable in three years' time. The exercise price for the Options is 0.1 pence, being the nominal cost of Ordinary Shares. The Options represent 0.1% of the Ordinary Shares in issue. In addition, Ben Thompson owns 113,000 Ordinary Shares, representing 0.2% of the Ordinary Shares in issue
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 1) Ben Thompson --- ------------------ ---------------------------------- 2 Reason for the notification --- ------------------------------------------------------ a) Position/status 1) Managing Director --- ------------------ ---------------------------------- b) Initial Initial notification notification /Amendment --- ------------------ ---------------------------------- 3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor --- ------------------------------------------------------ a) Name Mortgage Advice Bureau (Holdings) plc --- ------------------ ---------------------------------- b) LEI 2138008AY1RA61T6W960 --- ------------------ ---------------------------------- 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 0.1 pence each of the financial ISIN: GB00BQSBH502 instrument, type of instrument Identification code --- ------------------ ---------------------------------- b) Nature of Grant of options the transaction --- ------------------ ---------------------------------- c) Price(s) Price No. of shares and volume(s) -------- -------------- 1) Nil 1) 59,263 -------- -------------- --- ------------------ ---------------------------------- d) Aggregated N/A information - Aggregated volume - Price --- ------------------ ---------------------------------- e) Date of 1) 7 June 2018 the transaction --- ------------------ ---------------------------------- f) Place of London Stock Exchange, AIM the transaction --- ------------------ ----------------------------------
Enquiries:
Mortgage Advice Bureau (Holdings) plc +44 (0)1332 525007 Peter Brodnicki, Chief Executive Officer David Preece, Chief Operating Officer Lucy Tilley, Finance Director Nominated Adviser and Joint Broker: Zeus Capital +44 (0)20 3829 5000 Martin Green Nicholas How Pippa Underwood Joint Broker: Canaccord Genuity +44 (0)20 7523 8350 Andrew Buchanan Richard Andrews Media Enquiries: investorrelations@mab.org.uk
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 rns@lseg.com or visit www.rns.com.
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June 07, 2018 02:00 ET (06:00 GMT)
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