AJ Bell PLC Director/PDMR Transaction (6455T)
22 March 2019 - 4:00AM
UK Regulatory
TIDMAJB
RNS Number : 6455T
AJ Bell PLC
21 March 2019
AJ Bell plc (Company)
Director/PDMR Transaction - Initial Notification
The Company announces that it was notified on 19 March 2019,
that Simon Turner a director/person discharging managerial
responsibility (PDMR) in the Company has:
a) sold 12,279 ordinary shares of GBP0.000125 each (Ordinary
Shares) in the Company at a price of GBP3.014 each and that the
same aggregate number of 12,279 Ordinary Shares have then been
purchased by two of his adult children, neither of whom are a
person closely associated (PCA), in Individual Savings Accounts in
the names of Francesca Katherine Turner and Jamie Paul Turner
respectively and a Lifetime Individual Savings Account in the name
of Jamie Paul Turner. The sale and purchases all took place on 18
March 2019;
b) transferred by way of gift 6,682 Ordinary Shares to his adult
child, Mark Stephen Turner, who is not PCA. The transfer took place
on 18 March 2019;
c) transferred by way of gift 478 Ordinary Shares to his adult
child, Jamie Paul Turner, who is not a PCA. The transfer took place
on 18 March 2019.
The transactions were entered into in accordance with exceptions
from the lock up arrangements applicable to Management Selling
Shareholders (as defined in the prospectus published in relation to
the initial public offering of the Company's shares on 27 November
2018 (Prospectus), as described in paragraph 10 of Part 7 (Details
of the Offer) of the Prospectus, of one year in respect of 100% of
their shareholdings at Admission (as defined in the Prospectus) and
a further one year in respect of 50% of such shareholdings.
Notwithstanding the transaction, the Ordinary Shares remain subject
to the terms of such lock up arrangements.
Following the above transactions, the number of shares in which
Simon Turner has an interest has reduced to 316,302 (representing
approximately 0.07% of the Company's total issued share
capital).
This announcement, including 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 Simon Turner
----------------------------------------------------------- -----------------------------------
2 Reason for the notification
------------------------------------------------------------------------------------------------
a) Position/status Non-Executive Director/PDMR
----------------------------------------------------------- -----------------------------------
b) Initial notification /Amendment Initial Notification
----------------------------------------------------------- -----------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
------------------------------------------------------------------------------------------------
a) Name AJ Bell plc
----------------------------------------------------------- -----------------------------------
b) LEI 213800VNKA7DPWXWJJ36
----------------------------------------------------------- -----------------------------------
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 financial instrument, type of instrument Ordinary shares of GBP0.000125 each
----------------------------------------------------------- -----------------------------------
Identification code GB00BFZNLB60
----------------------------------------------------------- -----------------------------------
b) Nature of the transaction Sale of Ordinary Shares
----------------------------------------------------------- -----------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP 3.014 12,279
---------
----------------------------------------------------------- -----------------------------------
d) Aggregated information
* Aggregated volume 12,279
GBP 3.014
* Price
----------------------------------------------------------- -----------------------------------
e) Date of the transaction 18 March 2019
----------------------------------------------------------- -----------------------------------
f) Place of the transaction London Stock Exchange
----------------------------------------------------------- -----------------------------------
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
a) Name Simon Turner
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Non-Executive Director/PDMR
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification /Amendment Initial Notification
-------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name AJ Bell plc
-------------------------------------------------------- -------------------------------------------------------
b) LEI 213800VNKA7DPWXWJJ36
-------------------------------------------------------- -------------------------------------------------------
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 financial instrument, type of Ordinary shares of GBP0.000125 each
instrument
-------------------------------------------------------- -------------------------------------------------------
Identification code GB00BFZNLB60
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Transfers of Ordinary Shares by way of gift to
adult children:
(i) Mark Stephen Turner (6,682 Ordinary Shares);
and
(ii) Jamie Paul Turner (478 Ordinary Shares).
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP 0 6,682
---------
GBP 0 478
---------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
* Aggregated volume 7,160
GBP 0
* Price
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 18 March 2019
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
Name of officer of issuer responsible for making notification:
Bruce Robinson (Company Secretary)
Date of notification: 21 March 2019
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.
END
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