TIDMMMH

RNS Number : 9215L

Marshall Motor Holdings PLC

18 May 2022

18 May 2022

MARSHALL MOTOR HOLDINGS PLC

("MMH" or the "Company")

ACCEPTANCE OF OFFER MADE BY CONSTELLATION AUTOMOTIVE HOLDINGS LIMITED BY PDMRS

Further to the announcement by the Company on 11 May 2022 (the "Options Announcement"), MMH announces that the New Ordinary Shares have been admitted to trading on AIM.

Accordingly, following the issue of the New Ordinary Shares, the Company's total issued share capital consists of 81,328,133 MMH Shares with one voting right per share. The Company does not hold any ordinary shares in treasury. Therefore, following the issue of the New Ordinary Shares, the total number of voting rights in the Company is 81,328,133.

The following persons discharging managerial duties have accepted the Offer in respect of the New Ordinary Shares beneficially held by them:

 
 Name of PDMR          Role                       Shares held 
 Daksh Gupta           Chief Executive Officer    912,467 
                      -------------------------  ------------ 
 Richard Blumberger    Chief Financial Officer    399,899 
                      -------------------------  ------------ 
 Stephen Jones         Company Secretary          156,853 
                      -------------------------  ------------ 
 Jamie Crowther        Operations Director        156,853 
                      -------------------------  ------------ 
 Jon Head              Operations Director        149,680 
                      -------------------------  ------------ 
 Jo Moxon              HR Director                96,790 
                      -------------------------  ------------ 
 Adrian Wallington     Commercial Director        39,773 
                      -------------------------  ------------ 
 

The information set out below is provided in accordance with the requirements of the Market Abuse Regulation 596/2014 as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018.

 
 1 Details of the person discharging managerial responsibilities/person 
  closely associated 
------------------------------------------------------------------------------------------ 
 a) Name                                               (a) Daksh Gupta ("DG") 
                                                        (b) Richard Blumberger ("RB") 
                                                        (c) Stephen Jones (SJ") 
                                                        (d) Jamie Crowther ("JC") 
                                                        (e) Jon Head ("JH") 
                                                        (f) Jo Moxon ("JM") 
                                                        (g) Adrian Wallington ("AW") 
-------------------------------------------  --------------------------------------------- 
 2 Reason for the notification 
------------------------------------------------------------------------------------------ 
 a) Position/status                                    (a) Chief Executive Officer (DG) 
                                                        (b) Chief Financial Officer (RB) 
                                                        (c) Company Secretary (SJ) 
                                                        (d) Operations Director (JC) 
                                                        (e) Operations Director (JH) 
                                                        (f) HR Director (JM) 
                                                        (g) Commercial Director (AW) 
-------------------------------------------  --------------------------------------------- 
 b) Initial notification/Amendment            Initial notification 
-------------------------------------------  --------------------------------------------- 
 3 Details of the issuer, emission allowance market participant, 
  auction platform, auctioneer or auction monitor 
------------------------------------------------------------------------------------------ 
 a) Name                                      Marshall Motor Holdings plc 
-------------------------------------------  --------------------------------------------- 
 b) LEI                                       213800BP3HZWHDWXAY78 
-------------------------------------------  --------------------------------------------- 
 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              Ordinary Shares of 64p each 
  instrument, type of instrument 
-------------------------------------------  --------------------------------------------- 
 Identification code                          GB00BVYB2Q58 
-------------------------------------------  --------------------------------------------- 
 b) Nature of the transaction                 Sale of shares as described in 
                                               the offer document published in 
                                               connection with the Offer from 
                                               Constellation Automotive Holdings 
                                               Limited (the "Offer Document") 
-------------------------------------------  --------------------------------------------- 
 c) Price(s) and volume(s)                    Price(s)           Volume(s) 
-------------------------------------------  -----------------  -------------------------- 
                                              GBP4.00            912,467 (DG) 
                                               GBP4.00            399,899 (RB) 
                                               GBP4.00            156,853 (SJ) 
                                               GBP4.00            156,853 (JC) 
                                               GBP4.00            149,680 (JH) 
                                               GBP4.00            96,790 (JM) 
                                               GBP4.00            39,773 (AW) 
-------------------------------------------  -----------------  -------------------------- 
 d) Aggregated information                    Not applicable, single transactions. 
  - Aggregated volume 
  - Price 
-------------------------------------------  --------------------------------------------- 
 e) Date of the transaction                   17 May 2022 
-------------------------------------------  --------------------------------------------- 
 f) Place of the transaction                  London Stock Exchange (XLON) 
-------------------------------------------  --------------------------------------------- 
 

Unless the context requires otherwise, words and expressions defined in the Options Announcement shall have the same meanings in this announcement.

The person responsible for arranging the release of this announcement on behalf of the Company is Stephen Jones, the Company Secretary of the Company.

For further information and enquiries please contact:

 
 Marshall Motor Holdings plc                     c/o Hudson Sandler 
 Daksh Gupta, Group Chief Executive            Tel: +44 (0) 20 7796 
                                                               4133 
 Richard Blumberger, Chief Financial Officer 
 
 Investec Bank plc (Financial Adviser,         Tel: +44 (0) 20 7597 
  NOMAD & Broker)                                              5970 
 Christopher Baird 
 David Anderson 
  Ben Farrow 
 
 Hudson Sandler                                Tel: +44 (0) 20 7796 
                                                               4133 
 Nick Lyon 
 Bertie Berger 
  Nick Moore 
 

Notes to Editors

About Marshall Motor Holdings plc ( www.mmhplc.com )

The Group's principal activities are the sale and repair of new and used vehicles. The Group's businesses have a total of 162 franchises covering 26 brands, across 37 counties in England and Wales. In addition, the Group operates nine trade parts specialists, two used car centres, five standalone body shops and one pre delivery inspection centre.

In April 2022 the Group was once again recognised by the Great Place to Work Institute, being ranked the 11(th) best place to work in the UK (super large company category). This was the twelfth year in succession that the Group has achieved Great Place to Work status.

LEI number: 213800BP3HZWHDWXAY78

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.

END

DSHEAXSPFLAAEEA

(END) Dow Jones Newswires

May 18, 2022 03:44 ET (07:44 GMT)

Marshall Motor (LSE:MMH)
Historical Stock Chart
From Jun 2022 to Jul 2022 Click Here for more Marshall Motor Charts.
Marshall Motor (LSE:MMH)
Historical Stock Chart
From Jul 2021 to Jul 2022 Click Here for more Marshall Motor Charts.