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MAB1 Mortgage Advice Bureau (holdings) Plc

882.00
-28.00 (-3.08%)
25 Apr 2024 - Closed
Delayed by 15 minutes
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
  -28.00 -3.08% 882.00 900.00 928.00 882.00 882.00 882.00 43,358 16:35:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Loan Brokers 239.53M 13.47M 0.2360 37.37 503.22M

Mortgage Advice Bureau(Holdings)PLC Issue of Equity and PDMR dealing (6747B)

09/10/2020 12:55pm

UK Regulatory


Mortgage Advice Bureau (... (LSE:MAB1)
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From Apr 2019 to Apr 2024

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TIDMMAB1

RNS Number : 6747B

Mortgage Advice Bureau(Holdings)PLC

09 October 2020

9 October 2020

Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Company")

Issue of Equity and PDMR dealing

Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that options to subscribe for 882,929 ordinary shares of 0.1 pence each in the Company ("Ordinary Shares" and the "Options") have yesterday been exercised by certain Directors. The Options were issued pursuant to the Mortgage Advice Bureau Executive Share Option Plan. Following the exercise of Options, certain Directors have sold Ordinary Shares. The details of the exercise of Options and sale of Ordinary Shares are set out below.

 
                           Initial holding           Options       Ordinary           Resultant holding 
                                 (1)                 exercised    Shares sold                 (1) 
                                                        (2)           (3) 
 D irector             Number        Percentage                                    Number         Percentage 
                     of Ordinary      of Issued                                  of Ordinary       of Issued 
                       Shares       Share Capital                                   Shares       Share Capital 
 Peter Brodnicki    1 3,997,910        2 6.83        451,329       973,012      13,476,227(4)       25.40 
 Lucy                                                              199,508( 
  Tilley               17,957           0.03         199,508          (7)         17,957(5)          0.03 
 David                                                                           1,524,800( 
  Preece             1 ,524,800        2 .92         232,092       232,092           (6)             2.87 
 

(1) Including those shares held by members of the shareholder's family as defined in the AIM Rules for Companies and those held in the Company's Share Incentive Plan.

(2) The Options exercised relate to options granted to the Directors at the time of the IPO, in 2015 on Lucy Tilley's appointment, in 2016, and in 2017, pursuant to the Mortgage Advice Bureau Executive Share Option Plan.

   (3)           By the Director and/or his/her connected persons. 

(4) Peter Brodnicki also holds options over 94,419 Ordinary Shares, which have not yet vested.

(5) Lucy Tilley also holds options over 77,862 Ordinary Shares, which have not yet vested.

(6) David Preece also holds options over 6,159 Ordinary Shares, which have not yet vested.

(7) Immediately prior to sale of Ordinary Shares, Lucy Tilley gifted for nil consideration 2,546 Ordinary Shares to her husband, a family member for the purposes of the AIM Rules for Companies.

Application has been made to the London Stock Exchange for the 882,929 Ordinary Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will become effective at 8.00 a.m. on 15 October 2020.

Following Admission, the total number of Ordinary Shares in issue will be 53,051,308 and the total number of voting rights will therefore be 53,051,308. This figure 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 share capital of the Company under the FCA's Disclosure and Transparency Rules.

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. P eter Brodnicki 
                                   2. Lucy Tilley 
                                   3. David Preece 
     ---------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status             1. Ch ief Executive Officer 
                                   2. Chief Financial Officer 
                                   3. Non-Executive Director 
     ---------------------  ------------------------------------------------- 
 b)   Initial notification   Initial 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 
       instrument, 
       type of instrument     ISIN: GB00BQSBH502 
       Identification 
       code 
     ---------------------  ------------------------------------------------- 
 b)   Nature of              Exercise of options 
       the transaction 
     ---------------------  ------------------------------------------------- 
 c)   Price(s) and                1. Peter Brodnicki Price      No. of shares 
       volume(s)                    160.0p     162,500 
                                     357.75p    157,066 
                                     430.83p    131,763 
                                              -------------- 
 
 
                                   2. Lucy Tilley Price      No. of shares 
                                    219.0p     18,834 
                                     357.75p    96,264 
                                     430.83p    84,410 
                                              -------------- 
 
 
                                   3. David Preece Price      No. of shares 
                                    160.0p     55,228 
                                     357.75p    129,199 
                                     430.83p    47,665 
                                              -------------- 
     ---------------------  ------------------------------------------------- 
 d)   Aggregated             Volume: 882,929 
       information            Price (weighted average): 327.86p 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ------------------------------------------------- 
 e)   Date of the            8 October 2020 
       transaction 
     ---------------------  ------------------------------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        1. P eter Brodnicki 
                                   2. Lucy Tilley 
                                   3. David Preece 
                                   4. Bruce Tilley 
     ---------------------  ---------------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------------- 
 a)   Position/status             1. Ch ief Executive Officer 
                                   2. Chief Financial Officer 
                                   3. Non-Executive Director 
                                   4. Person closely associated with Lucy Tilley 
     ---------------------  ---------------------------------------------------- 
 b)   Initial notification   Initial 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 
       instrument, 
       type of instrument     ISIN: GB00BQSBH502 
       Identification 
       code 
     ---------------------  ---------------------------------------------------- 
 b)   Nature of              Sale of shares 
       the transaction 
     ---------------------  ---------------------------------------------------- 
 c)   Price(s) and             Price             No. of shares 
       volume(s)                     1. 702.0p         1. 973,012 
                                      2. 702.0p         2. 196,962 
                                      3. 702.0p         3. 232,092 
                                      4. 702.0p         4. 2,546 
                                                 ----------------- 
     ---------------------  ---------------------------------------------------- 
 d)   Aggregated             Volume: 1,404,612 
       information            Price: 702.0p 
       - Aggregated 
       volume 
       - Price 
     ---------------------  ---------------------------------------------------- 
 e)   Date of the            8 October 2020 
       transaction 
     ---------------------  ---------------------------------------------------- 
 f)   Place of the           London Stock Exchange, AIM 
       transaction 
     ---------------------  ---------------------------------------------------- 
 

Enquiries:

 
Mortgage Advice Bureau (Holdings) plc                        +44 (0)1332 525007 
Peter Brodnicki, Chief Executive Officer 
 Ben Thompson, Deputy Chief Executive Officer 
 Lucy Tilley, Chief Financial Officer 
Nominated Adviser and Broker: 
 Numis Securities Limited 
 Stephen Westgate / Hugo Rubinstein (Corporate Finance)     +44 (0)20 7260 1000 
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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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October 09, 2020 07:55 ET (11:55 GMT)

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