TIDMBCA
RNS Number : 7238Z
BCA Marketplace PLC
19 December 2017
BCA Marketplace plc ("BCA" or the "Company")
Notification of transaction by person discharging managerial
responsibilities
BCA announces that following vesting of the Company's HIJ long
term incentive scheme all participants have notified the Company of
the exercise of their entitlements in full. In accordance with the
scheme, the Board of BCA has agreed to settle these entitlements
through the allotment of 24,009,071 new ordinary shares in the
Company at a price of 209.55 pence per share, being the average
volume weighted share price in the 30 business days leading up to
the exercise notification. Accordingly, 24,009,071 ordinary shares
in BCA have been duly allotted, conditional upon admission of those
shares to the Official List and to trading on the London Stock
Exchange ("Admission").
All of these shares will rank pari passu with the existing BCA
ordinary shares in issue. Application will be made for admission to
trading of the new ordinary shares. It is expected that Admission
will become effective and that dealings in these shares will
commence on or around 27 December 2017.
Following Admission, the interests of the following directors in
BCA Shares will be as follows:
Director No of shares No held after
held prior to Admission
Admission
Avril Palmer-Baunack 725,572 14,413,855(1)
Tim Lampert 27,232 1,227,692
James Corsellis
&
Mark Brangstrup
Watts 35,941,110 45,061,438(2)
Following allotment and Admission of the new shares, there will
be 804,256,263 ordinary shares in the Company in issue. This number
may be used by shareholders of BCA as the denominator for the
calculations to 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.
Enquiries
BCA Marketplace plc (Investor Relations) tim.richmond@bca.com
Tim Richmond
Square1 Consulting (Financial PR) +44 (0)20 7929 5599
David Bick
(1) including 32,078 BCA Shares held by Iona Palmer-Baunack, a
person closely associated with her.
(2) The new shares upon Admission are held through Marwyn Long
Term Incentive LP, a partnership in which James Corsellis and Mark
Brangstrup Watts have a beneficial interest. James Corsellis and
Mark Brangstrup Watts are also interested in 35,941,110 BCA Shares
through their directorships of, and beneficial interests in, Marwyn
Asset Management Limited which manages funds for which those shares
are held.
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 Avril Palmer-Baunack
---- ---------------------------- -----------------------------------
2 Reason for the notification
---- -----------------------------------------------------------------
a) Position/status Executive Chairman
---- ---------------------------- -----------------------------------
b) Initial notification Initial notification
/Amendment
---- ---------------------------- -----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- -----------------------------------------------------------------
a) Name BCA Marketplace plc
---- ---------------------------- -----------------------------------
b) LEI 213800DF1FHPDJ7Q7C85
---- ---------------------------- -----------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
----
Identification GB00BP0S1D85
code
b) Nature of the Notice of redemption of the
transaction HIJ incentive shares and
related issue of ordinary
shares due as consideration
for such incentive shares
under the Company's Long
Term Executive Incentive
Scheme
---- ---------------------------- -----------------------------------
c) Price(s) and volume(s)
---- ----------------- -------------
Price(s) Volume(s)
---- ----------------- -------------
209.545292
pence 13,688,283
--------------------------------------------------- -------------
d) Aggregated information
----
- Aggregated volume 13,688,283
- Price GBP28,683,152.58
e) Date of the transaction 18 December 2018
---- ---------------------------- -----------------------------------
f) Place of the transaction Outside trading venue
---- ---------------------------- -----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ------------------------------------------------------------------
a) Name Tim Lampert
---- ----------------------------- -----------------------------------
2 Reason for the notification
---- ------------------------------------------------------------------
a) Position/status Chief Financial Officer
---- ----------------------------- -----------------------------------
b) Initial notification Initial notification
/Amendment
---- ----------------------------- -----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
---- ------------------------------------------------------------------
a) Name BCA Marketplace plc
---- ----------------------------- -----------------------------------
b) LEI 213800DF1FHPDJ7Q7C85
---- ----------------------------- -----------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
----
Identification GB00BP0S1D85
code
b) Nature of the Notice of redemption of the
transaction HIJ incentive shares and
related issue of ordinary
shares due as consideration
for such incentive shares
under the Company's Long
Term Executive Incentive
Scheme
---- ----------------------------- -----------------------------------
c) Price(s) and volume(s)
---- ----------------- -------------
Price(s) Volume(s)
---- ----------------- -------------
209.545292
pence 1,200,460
---------------------------------------------------- -------------
d) Aggregated information
----
- Aggregated volume 1,200,460
- Price GBP2,515,507.41
e) Date of the transaction 18 December 2018
---- ----------------------------- -----------------------------------
f) Place of the transaction Outside trading venue
---- ----------------------------- -----------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ---------------------------------------------------------------------
a) Name Mark Brangstrup Watts
---- ----------------------------- --------------------------------------
2 Reason for the notification
---- ---------------------------------------------------------------------
a) Position/status 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 BCA Marketplace plc
---- ----------------------------- --------------------------------------
b) LEI 213800DF1FHPDJ7Q7C85
---- ----------------------------- --------------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
----
Identification GB00BP0S1D85
code
b) Nature of the Notice of redemption of the
transaction HIJ incentive shares by Marwyn
Long Term Incentive LP(3)
and related issue of ordinary
shares due as consideration
for such incentive shares
under the Marwyn Long Term
Incentive Scheme
---- ----------------------------- --------------------------------------
c) Price(s) and volume(s)
---- ------------------- --------------
Price(s) Volume(s)
---- ------------------- --------------
209.545292
pence 9,120,328
------------------------------------------------------ --------------
d) Aggregated information
----
- Aggregated volume 9,120,328
- Price GBP19,111,217.94
e) Date of the transaction 18 December 2018
---- ----------------------------- --------------------------------------
f) Place of the transaction Outside trading venue
---- ----------------------------- --------------------------------------
(3) Marwyn Long Term Incentive LP is a partnership in which
James Corsellis and Mark Brangstrup Watts have a beneficial
interest.
1 Details of the person discharging managerial
responsibilities / person closely associated
---- ---------------------------------------------------------------------
a) Name James Corsellis
---- ----------------------------- --------------------------------------
2 Reason for the notification
---- ---------------------------------------------------------------------
a) Position/status 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 BCA Marketplace plc
---- ----------------------------- --------------------------------------
b) LEI 213800DF1FHPDJ7Q7C85
---- ----------------------------- --------------------------------------
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 Ordinary shares of GBP0.01
the financial each
instrument, type
of instrument
----
Identification GB00BP0S1D85
code
b) Nature of the Notice of redemption of the
transaction HIJ incentive shares by Marwyn
Long Term Incentive LP(4)
and related issue of ordinary
shares due as consideration
for such incentive shares
under the Marwyn Long Term
Incentive Scheme
---- ----------------------------- --------------------------------------
c) Price(s) and volume(s)
---- ------------------- --------------
Price(s) Volume(s)
---- ------------------- --------------
209.545292
pence 9,120,328
------------------------------------------------------ --------------
d) Aggregated information
----
- Aggregated volume 9,120,328
- Price GBP19,111,217.94
e) Date of the transaction 18 December 2018
---- ----------------------------- --------------------------------------
f) Place of the transaction Outside trading venue
---- ----------------------------- --------------------------------------
(4) Marwyn Long Term Incentive LP is a partnership in which
James Corsellis and Mark Brangstrup Watts have a beneficial
interest.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 19, 2017 02:00 ET (07:00 GMT)
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