MORTGAGE ADVICE BUREAU (HOLDINGS) PLC

Board/Management Information • Jun 7, 2018

National Storage Mechanism | Additional information

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RNS Number : 5748Q

Mortgage Advice Bureau(Holdings)PLC

07 June 2018

7 June 2018

Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Group")

Board Appointment

MAB is pleased to announce that Ben Thompson has today joined the Board of MAB as Managing Director of the Group. As announced previously on 4 April 2018, this is a new Board role within MAB that reflects the ambitions of the Group and the considerable opportunities that lie ahead.

Ben was most recently Chief Executive Officer of ULS Technology plc, the provider of online B2B platforms for the UK conveyancing and financial intermediary markets.  Prior to that he held senior positions at Legal & General Group plc, where he ran their market-leading mortgage distribution business, as well as the banking division.

MAB has granted to Ben Thompson 59,263 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options").  The Options have been granted under the Mortgage Advice Bureau Executive Share Option Plan and exercise of the Options is subject to the achievement of performance conditions based on total shareholder return and earnings per share criteria.  Subject to achievement of the performance conditions, the Options will be exercisable in three years' time.  The exercise price for the Options is 0.1 pence, being the nominal cost of Ordinary Shares.  The Options represent 0.1% of the Ordinary Shares in issue. In addition, Ben Thompson owns 113,000 Ordinary Shares, representing 0.2% of the Ordinary Shares in issue

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

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

1)    Ben Thompson

2

Reason for the notification

a)

Position/status

1)    Managing Director

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Mortgage Advice Bureau (Holdings) plc

b)

LEI

2138008AY1RA61T6W960

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 0.1 pence each

ISIN: GB00BQSBH502

b)

Nature of the transaction

Grant of options

c)

Price(s) and volume(s)

Price	No. of shares
1)    Nil	1) 59,263

d)

Aggregated information

- Aggregated volume

- Price

N/A

e)

Date of the transaction

1)    7 June 2018

f)

Place of the transaction

London Stock Exchange, AIM

Enquiries:

Mortgage Advice Bureau (Holdings) plc	+44 (0)1332 525007
Peter Brodnicki, Chief Executive Officer
David Preece, Chief Operating Officer
Lucy Tilley, Finance Director
Nominated Adviser and Joint Broker:
Zeus Capital	+44 (0)20 3829 5000
Martin Green
Nicholas How
Pippa Underwood
Joint Broker:
Canaccord Genuity	+44 (0)20 7523 8350
Andrew Buchanan
Richard Andrews
Media Enquiries:
investorrelations@mab.org.uk

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