Bloomsbury Publishing PLC Director/PDMR Shareholding (7013V)
August 10 2020 - 11:04AM
UK Regulatory
TIDMBMY
RNS Number : 7013V
Bloomsbury Publishing PLC
10 August 2020
10 August 2020
Bloomsbury Publishing Plc (the "Company")
Director/PDMR Shareholding
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 31 July 2020 that the conditional share
award granted in July 2017 under the 2014 PSP partly vested on 27
July 2020.
Nigel Newton, Chief Executive and PDMR, acquired 254,805
ordinary shares of 1.25 pence in the Company (" Ordinary Shares ")
(comprising 231,061 vested 2014 PSP shares and 23,744 dividend
equivalent shares, both for nil consideration). Between 29 July and
3 August 2020, Mr Newton sold 120,069 Ordinary Shares at an average
price of GBP2.1108 per share in order to fund the tax liability,
National Insurance liability and administrative fees arising on
vesting.
On 7 August 2020, Mr Newton sold an additional 299 Ordinary
Shares at a price of GBP2.06 per share in order to fund outstanding
administrative fees arising on vesting and retained the balance of
134,437 Ordinary Shares.
Following this transaction, Mr Newton (including persons closely
associated) holds a total of 1,151,700 Ordinary Shares,
representing approximately 1.46% of the Company's issued share
capital.
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 settle administrative
the transaction fees.
------------------------- -------------------------------------------------
c) Price(s) Date Price No. of shares
and volume(s) 7 August 2020 GBP2.06 299
--------- --------------
------------------------- -------------------------------------------------
d) Aggregated 299 shares
information GBP2.06
* Aggregated volume
* Aggregated price
------------------------- -------------------------------------------------
e) Date of 7 August 2020
the transaction
------------------------- -------------------------------------------------
f) Place of London Stock Exchange
the transaction
------------------------- -------------------------------------------------
Enquiries:
Maya Abu-Deeb
Group General Counsel & Company Secretary
Bloomsbury Publishing Plc
Telephone: +44(0)20 7631 5600
Email: maya.abu-deeb@bloomsbury.com
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
DSHBUGDICUBDGGG
(END) Dow Jones Newswires
August 10, 2020 12:04 ET (16:04 GMT)
Bloomsbury Publishing (LSE:BMY)
Historical Stock Chart
From Apr 2024 to May 2024
Bloomsbury Publishing (LSE:BMY)
Historical Stock Chart
From May 2023 to May 2024