Business
Director/PDMR Transaction Initial Notification
Director/PDMR Transaction Initial Notification.
About this update from Aj Bell Plc
[{"type":"text","content":"\n \nRNS Number : 2373J AJ Bell PLC 15 August 2019 \n\n \nAJ Bell plc (Company) \nDirector/PDMR Transaction - Initial Notification \nThe Company announces that it was notified on 13 August 2019 that Simon Turner a director/person discharging managerial responsibility (PDMR) in the Company has, in order to effect a \"Bed and ISA\" transaction, sold 5,190 ordinary shares of £0.000125 each in the Company (Ordinary Shares) at a price of £3.83 per Ordinary Share and then repurchased into his Individual Savings Account (ISA) the same number of 5,190 Ordinary Shares at a price of £3.831 per Ordinary Share. The transactions took place on 13 August 2019. \nThe transactions were entered into in accordance with an exception from the lock up arrangements applicable to Management Selling Shareholders (as defined in the prospectus published in relation to the initial public offering of the Company's shares on 27 November 2018 (Prospectus), as described in paragraph 10 of Part 7 (Details of the Offer) of the Prospectus, of one year in respect of 100% of their shareholdings at Admission (as defined in the Prospectus) and a further one year in respect of 50% of such shareholdings. Notwithstanding the transaction, the Ordinary Shares remain subject to the terms of such lock up arrangements.\nFollowing the transactions, there has been no change in the number of shares in which Simon Turner has an interest. \nThis announcement, including the notification below, is made in accordance with the requirements of the EU Market Abuse Regulation.\nNotification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them \n\n\n\n1 \n \n\n\nDetails of the person discharging managerial responsibilities / person closely associated \n\n\n\n\na) \n \n\n\nName \n\n\nSimon Turner \n\n\n\n\n2 \n \n\n\nReason for the notification \n \n\n\n\n\na) \n \n\n\nPosition/status \n \n\n\nNon-Executive Director/PDMR \n\n\n\n\nb) \n \n\n\nInitial notification /Amendment \n \n\n\nInitial Notification \n\n\n\n\n3 \n \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n\n\n\n\na) \n \n\n\nName \n\n\nAJ Bell plc\n\n\n\n\nb) \n \n\n\nLEI \n&nbs...