TIDMBMY

RNS Number : 1300X

Bloomsbury Publishing PLC

24 August 2022

24 August 2022

Bloomsbury Publishing Plc (the "Company")

Director/PDMR Shareholdings

Sale of shares following the vesting and exercise of options under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

The Company announced on 22 August 2022 that the conditional share award granted in August 2019 under the 2014 PSP vested in full on 21 August 2022.

Nigel Newton, Chief Executive and PDMR, acquired 215,386 ordinary shares of 1.25 pence in the Company ("Ordinary Shares") (comprising 197,901 vested 2014 PSP shares and 17,485 dividend equivalent shares, both for nil consideration). Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 111,556 Ordinary Shares (comprising 102,500 vested 2014 PSP shares and 9,056 dividend equivalent shares, both for nil consideration).

On 22 August 2022, Mr Newton and Ms Scott-Bayfield sold 97,411 and 54,097 Ordinary Shares respectively at a share price of GBP4.13 per share in order to fund the tax liability, National Insurance liability and administrative fees arising on vesting. Mr Newton and Ms Scott-Bayfield retained the balance of 117,975 and 57,459 Ordinary Shares respectively.

Following these transactions, the shareholdings of Mr Newton and Ms Scott-Bayfield's (including persons closely associated) in the Company are as follows:

 
 PDMR                    Total shareholding    Percentage of the 
                          in the Company        Company's issued share 
                                                capital 
                         1,424,669 Ordinary 
 Nigel Newton             Shares               1.745% 
                        --------------------  ------------------------ 
                         94,576 Ordinary 
 Penny Scott-Bayfield     Shares               0.116% 
                        --------------------  ------------------------ 
 

This vesting was satisfied through the transfer of shares from the Bloomsbury Employee Benefit Trust.

Notifications

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Nigel Newton 
     -------------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status            Chief Executive 
     -------------------------  ------------------------------------------------- 
 b)   Initial                    Initial notification 
       notification 
       /Amendment 
     -------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                       Bloomsbury Publishing PLC 
     -------------------------  ------------------------------------------------- 
 b)   LEI                        213800ZL2PEC4C6UOQ53 
     -------------------------  ------------------------------------------------- 
 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 1.25p Each 
       of the financial 
       instrument, 
       type of                    ISIN: GB0033147751 
       instrument 
       Identification 
       code 
     -------------------------  ------------------------------------------------- 
 b)   Nature of                  Sale of Ordinary Shares to meet tax liability, 
       the transaction            National Insurance liability and administrative 
                                  fees. 
     -------------------------  ------------------------------------------------- 
 c)   Price(s)                    Price      No. of shares 
       and volume(s)               GBP4.13    97,411 
                                             -------------- 
     -------------------------  ------------------------------------------------- 
 d)   Aggregated 
       information 
        *    Aggregated volume 
 
 
        *    Aggregated price 
     -------------------------  ------------------------------------------------- 
 e)   Date of                    22 August 2022 
       the transaction 
     -------------------------  ------------------------------------------------- 
 f)   Place of                   London Stock Exchange 
       the transaction 
     -------------------------  ------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                       Penny Scott-Bayfield 
     -------------------------  ------------------------------------------------- 
 2    Reason for the notification 
     ---------------------------------------------------------------------------- 
 a)   Position/status            Group Finance Director 
     -------------------------  ------------------------------------------------- 
 b)   Initial                    Initial notification 
       notification 
       /Amendment 
     -------------------------  ------------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ---------------------------------------------------------------------------- 
 a)   Name                       Bloomsbury Publishing PLC 
     -------------------------  ------------------------------------------------- 
 b)   LEI                        213800ZL2PEC4C6UOQ53 
     -------------------------  ------------------------------------------------- 
 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 1.25p Each 
       of the financial 
       instrument, 
       type of                    ISIN: GB0033147751 
       instrument 
       Identification 
       code 
     -------------------------  ------------------------------------------------- 
 b)   Nature of                  Sale of Ordinary Shares to meet tax liability, 
       the transaction            National Insurance liability and administrative 
                                  fees. 
     -------------------------  ------------------------------------------------- 
 c)   Price(s)                    Price      No. of shares 
       and volume(s)               GBP4.13    54,097 
                                             -------------- 
     -------------------------  ------------------------------------------------- 
 d)   Aggregated 
       information 
        *    Aggregated volume 
 
 
        *    Aggregated price 
     -------------------------  ------------------------------------------------- 
 e)   Date of                    22 August 2022 
       the transaction 
     -------------------------  ------------------------------------------------- 
 f)   Place of                   London Stock Exchange 
       the transaction 
     -------------------------  ------------------------------------------------- 
 

For further information, please contact:

 
 Bloomsbury Publishing Plc 
 Maya Abu-Deeb, Group General Counsel &    maya.abu-deeb@bloomsbury.com 
  Company Secretary 
 Hudson Sandler                            +44 (0) 20 7796 4133 
 Dan de Belder / Hattie Dreyfus            bloomsbury@hudsonsandler.com 
 

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END

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