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BloomsburyPublishing - Director/PDMR Shareholding

RNS Number : 6776U
Bloomsbury Publishing PLC
30 July 2020
 

30 July 2020

 

Bloomsbury Publishing Plc (the "Company")

 

Director/PDMR Shareholding

 

Vesting and Exercise of options under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

 

As noted in the Company's annual report and accounts, on 27 July 2020 the conditional share award granted in July 2017 under the 2014 PSP partly vested based on the level of the Company's achievement against relevant performance conditions.

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).

Following this transaction, Mr Newton (including persons closely associated) holds a total of 1,272,068 Ordinary Shares, representing approximately 1.61% of the Company's issued share capital.

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 notification /Amendment

Initial notification

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 of the financial instrument, type of instrument

Identification code

Ordinary Shares of 1.25p Each

 

 

ISIN: GB0033147751

b)

Nature of the transaction

1.    Vesting of 2014 PSP

2.    Receipt of dividend equivalent shares

 

c)

Price(s) and volume(s)

Price

No. of shares

0p

254,805

 

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

254,805 shares

0 pence

e)

Date of the transaction

1.    27 July 2020

2.    27 July 2020

 

f)

Place of the transaction

London Stock Exchange

 

 

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.
 
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Quick facts: Bloomsbury Publishing PLC

Price: 200

Market: LSE
Market Cap: £163.22 m
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