TIDMBME

RNS Number : 9511P

B&M European Value Retail S.A.

22 February 2021

SSA Investments S.àr.l., a person closely associated with Simon Arora, the CEO of B&M European Value Retail S.A. ("B&M") and Bobby and Robin Arora who are persons discharging managerial responsibilities in relation to B&M, sold 50,000,000 GBP Senior Secured Notes 3.625% due 2025 in B&M for a total aggregate price of GBP 52,082,000 on 19 February 2021, through the chain of transactions notified below, with the ultimate holder of those notes now being Rani 1 Holdings Limited which is a person closely associated with Simon Arora.

 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
 
1             Details of the person discharging managerial responsibilities/person 
               closely associated 
Legal person  SSA Investments S.àr.l. 
               with registered address at 55, avenue Pasteur, L-2311 
               Luxembourg and registered with the Luxembourg Trade and 
               Companies Register under number B 187251 
              -------------------------------------------------------------------- 
 
 
2.                     Reason for the notification 
Position/status         This notification concerns SSA Investments S.àr.l. 
                         ,a shareholder of the Issuer, as a person closely associated 
                         with the following persons discharging managerial responsibilities: 
                         Simon Arora, Chief Executive Officer and Director of 
                         the Issuer; 
                         Bobby Arora, Group Trading Director, PDMR in relation 
                         to the Issuer's Group; and 
                         Robin Arora, PDMR in relation to the Issuer's Group. 
                         As SSA Investments S.àr.l. is beneficially owned 
                         by Simon, Bobby and Robin Arora it qualifies as a PCA 
                         in the sense of article 3(1)(26)(d) of MAR 
                       --------------------------------------------------------------------- 
Initial notification/  Initial 
 amendment 
                       --------------------------------------------------------------------- 
 
 
3.      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
Issuer  B&M European Value Retail S.A. 
        ------------------------------------------------------------- 
LEI     213800UK7ZRLY2K1X530 
        ------------------------------------------------------------- 
 
 
4.                    Details of the transaction(s) 
Description           GBP Senior Secured Notes 3.625% due 2025 
 of the financial 
 instrument, 
 type of Instrument 
                      -------------------------------------------- 
Identification        XS2199627030 
 Code 
                      -------------------------------------------- 
Nature of             Sale of debt instruments 
 the transaction 
                      -------------------------------------------- 
Currency              GBP 
                      -------------------------------------------- 
Price(s) and          Price          Volume       Total 
 volume(s) 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Aggregated            Price          Volume       Total 
 Information 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Date of Transaction   2021-02-19 
                      -------------------------------------------- 
Place of transaction  Outside a trading venue 
                      -------------------------------------------- 
 
 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
 
1             Details of the person discharging managerial responsibilities/person 
               closely associated 
Legal person  Simon Arora 
              -------------------------------------------------------------------- 
 
 
2.                     Reason for the notification 
Position/status        Simon Arora is a person discharging managerial responsibilities 
                        in relation to the Issuer, being the Chief Executive 
                        Officer and a Director of the Issuer. 
                       --------------------------------------------------------------- 
Initial notification/  Initial 
 amendment 
                       --------------------------------------------------------------- 
 
 
3.      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
Issuer  B&M European Value Retail S.A. 
        ------------------------------------------------------------- 
LEI     213800UK7ZRLY2K1X530 
        ------------------------------------------------------------- 
 
 
4.                    Details of the transaction(s) 
Description           GBP Senior Secured Notes 3.625% due 2025 
 of the financial 
 instrument, 
 type of Instrument 
                      -------------------------------------------- 
Identification        XS2199627030 
 Code 
                      -------------------------------------------- 
Nature of             Acquisition of debt instruments 
 the transaction 
                      -------------------------------------------- 
Currency              GBP 
                      -------------------------------------------- 
Price(s) and          Price          Volume       Total 
 volume(s) 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Aggregated            Price          Volume       Total 
 Information 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Date of Transaction   2021-02-19 
                      -------------------------------------------- 
Place of transaction  Outside a trading venue 
                      -------------------------------------------- 
 
 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
 
1             Details of the person discharging managerial responsibilities/person 
               closely associated 
Legal person  Simon Arora 
              -------------------------------------------------------------------- 
 
 
2.                     Reason for the notification 
Position/status        Simon Arora is a person discharging managerial responsibilities 
                        in relation to the Issuer, being the Chief Executive 
                        Officer and a Director of the Issuer. 
                       --------------------------------------------------------------- 
Initial notification/  Initial 
 amendment 
                       --------------------------------------------------------------- 
 
 
3.      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
Issuer  B&M European Value Retail S.A. 
        ------------------------------------------------------------- 
LEI     213800UK7ZRLY2K1X530 
        ------------------------------------------------------------- 
 
 
4.                    Details of the transaction(s) 
Description           GBP Senior Secured Notes 3.625% due 2025 
 of the financial 
 instrument, 
 type of Instrument 
                      -------------------------------------------- 
Identification        XS2199627030 
 Code 
                      -------------------------------------------- 
Nature of             Sale of debt instruments 
 the transaction 
                      -------------------------------------------- 
Currency              GBP 
                      -------------------------------------------- 
Price(s) and          Price          Volume       Total 
 volume(s) 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Aggregated            Price          Volume       Total 
 Information 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Date of Transaction   2021-02-19 
                      -------------------------------------------- 
Place of transaction  Outside a trading venue 
                      -------------------------------------------- 
 
 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
 
1             Details of the person discharging managerial responsibilities/person 
               closely associated 
Legal person  Brooklands SA Investments Unlimited 
              -------------------------------------------------------------------- 
 
 
2.                     Reason for the notification 
Position/status         This notification concerns Brooklands SA Investments 
                         Unlimited, as a person closely associated with Simon 
                         Arora, a person discharging managerial responsibilities 
                         in relation to the Issuer, being the Chief Executive 
                         Officer and a Director of the Issuer. 
                       --------------------------------------------------------- 
Initial notification/  Initial 
 amendment 
                       --------------------------------------------------------- 
 
 
3.      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
Issuer  B&M European Value Retail S.A. 
        ------------------------------------------------------------- 
LEI     213800UK7ZRLY2K1X530 
        ------------------------------------------------------------- 
 
 
4.                    Details of the transaction(s) 
Description           GBP Senior Secured Notes 3.625% due 2025 
 of the financial 
 instrument, 
 type of Instrument 
                      -------------------------------------------- 
Identification        XS2199627030 
 Code 
                      -------------------------------------------- 
Nature of             Acquisition of debt instruments 
 the transaction 
                      -------------------------------------------- 
Currency              GBP 
                      -------------------------------------------- 
Price(s) and          Price          Volume       Total 
 volume(s) 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Aggregated            Price          Volume       Total 
 Information 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Date of Transaction   2021-02-19 
                      -------------------------------------------- 
Place of transaction  Outside a trading venue 
                      -------------------------------------------- 
 
 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
 
1             Details of the person discharging managerial responsibilities/person 
               closely associated 
Legal person  Brooklands SA Investments Unlimited 
              -------------------------------------------------------------------- 
 
 
2.                     Reason for the notification 
Position/status         This notification concerns Brooklands SA Investments 
                         Unlimited, as a person closely associated with Simon 
                         Arora, a person discharging managerial responsibilities 
                         in relation to the Issuer, being the Chief Executive 
                         Officer and a Director of the Issuer. 
                       --------------------------------------------------------- 
Initial notification/  Initial 
 amendment 
                       --------------------------------------------------------- 
 
 
3.      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
Issuer  B&M European Value Retail S.A. 
        ------------------------------------------------------------- 
LEI     213800UK7ZRLY2K1X530 
        ------------------------------------------------------------- 
 
 
4.                    Details of the transaction(s) 
Description           GBP Senior Secured Notes 3.625% due 2025 
 of the financial 
 instrument, 
 type of Instrument 
                      -------------------------------------------- 
Identification        XS2199627030 
 Code 
                      -------------------------------------------- 
Nature of             Sale of debt instruments 
 the transaction 
                      -------------------------------------------- 
Currency              GBP 
                      -------------------------------------------- 
Price(s) and          Price          Volume       Total 
 volume(s) 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Aggregated            Price          Volume       Total 
 Information 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Date of Transaction   2021-02-19 
                      -------------------------------------------- 
Place of transaction  Outside a trading venue 
                      -------------------------------------------- 
 
 
Persons Discharging Managerial Responsibilities and persons closely 
 associated with them notification 
 
 
1             Details of the person discharging managerial responsibilities/person 
               closely associated 
Legal person  Rani 1 Holdings Limited with registered address at 15 
               Esplanade St Helier Jersey JE1 1RB and registered in 
               Jersey with the Jersey Companies Register under number 
               123398 
              -------------------------------------------------------------------- 
 
 
2.                     Reason for the notification 
Position/status        This notification concerns Rani 1 Holdings Limited, as 
                        a person closely associated with Simon Arora, CEO and 
                        PDMR in relation to the Issuer's Group. 
                        As Rani 1 Holdings Limited is an investment company beneficially 
                        owned by Simon Arora's family trust it qualifies as a 
                        PCA in the sense of article 3(1)(26)(d) of MAR. 
                       ----------------------------------------------------------------- 
Initial notification/  Initial 
 amendment 
                       ----------------------------------------------------------------- 
 
 
3.      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
Issuer  B&M European Value Retail S.A. 
        ------------------------------------------------------------- 
LEI     213800UK7ZRLY2K1X530 
        ------------------------------------------------------------- 
 
 
4.                    Details of the transaction(s) 
Description           GBP Senior Secured Notes 3.625% due 2025 
 of the financial 
 instrument, 
 type of Instrument 
                      -------------------------------------------- 
Identification        XS2199627030 
 Code 
                      -------------------------------------------- 
Nature of             Acquisition of debt instruments 
 the transaction 
                      -------------------------------------------- 
Currency              GBP 
                      -------------------------------------------- 
Price(s) and          Price          Volume       Total 
 volume(s) 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Aggregated            Price          Volume       Total 
 Information 
                      -------------  -----------  ---------------- 
                      GBP 1.04164    50,000,000   GBP 52,082,000 
                      -------------  -----------  ---------------- 
Date of Transaction   2021-02-19 
                      -------------------------------------------- 
Place of transaction  Outside a trading venue 
                      -------------------------------------------- 
 

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February 22, 2021 12:06 ET (17:06 GMT)