MORTGAGE ADVICE BUREAU (HOLDINGS) PLC

Director's Dealing • Jun 1, 2023

National Storage Mechanism | Additional information

RNS Number : 3656B

Mortgage Advice Bureau (Hldgs) PLC

01 June 2023

1 June 2023

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

Grant of Options and PDMR Dealing

Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that a total of 296,375 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options") have been granted on 31 May 2023 to the Executive Directors and senior executives of MAB. 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 a performance condition based on growth in adjusted earnings per share. Subject to achievement of the performance condition, the Options will become exercisable on 2 April 2026.  The exercise price for the Options is 0.1 pence, being the nominal cost of Ordinary Shares.

The total number of Ordinary Shares now under option is 765,256 representing 1.3% of the Company's issued share capital.

In addition, the Company has been notified that on 31 May 2023 certain Directors of the Company or their connected parties have purchased Ordinary Shares as set out below. 

Director	Date of purchase	Number of Ordinary Shares	Purchase price	Total Ordinary Shares held	% ISC held following purchase
Ben Thompson	31 May 2023	351	728.0p	84,174	0.15%
Lucy Tilley	31 May 2023	1181	728.0p	21,473	0.04%
Nathan Imlach	31 May 2023	260	722.0p	27,462	0.05%

1 These purchases are only in respect of the dividend received relating to Ordinary Shares held via MAB's Share Incentive Plan which are automatically reinvested in Ordinary Shares.

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.    Peter Brodnicki

2.    Ben Thompson

3.    Lucy Tilley

2

Reason for the notification

a)

Position/status

1.    Chief Executive Officer

2.    Deputy Chief Executive Officer

3.    Chief Financial Officer

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 options
1.    0 2.    0 3.    0	1.    83,146 2.    55,230 3.    54,236

d)

Aggregated information

- Aggregated volume

- Price

Volume:  192,612

Price: £0

e)

Date of the transaction

31 May 2023

f)

Place of the transaction

London Stock Exchange, AIM

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

1)    Ben Thompson

2)    Lucy Tilley

3)    Donna Imlach

2

Reason for the notification

a)

Position/status

1)    Deputy Chief Executive Officer

2)    Chief Financial Officer

3)    Person closely associated with Person Discharging Managerial Responsibilities (Nathan Imlach, Senior Independent 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

Purchase of shares

c)

Price(s) and volume(s)

Price	No. of shares
1) 728.0p 2) 728.0p 3) 722.0p	1)   35 2)   118 3)  260

d)

Aggregated information

- Aggregated volume

- Price

Volume: 413

Price: n/a

e)

Date of the transaction

1)    31 May 2023

2)    31 May 2023

3)    31 May 2023

f)

Place of the transaction

London Stock Exchange, AIM

Enquiries:

Mortgage Advice Bureau (Holdings) plc	+44 (0)1332 525007
Peter Brodnicki, Chief Executive Officer Ben Thompson, Deputy Chief Executive Officer Lucy Tilley, Chief Financial Officer
Nominated Adviser and Joint Broker: Numis Securities Limited                                                                               Stephen Westgate / Giles Rolls	+44 (0)20 7260 1000
Joint Broker: Peel Hunt LLP Andrew Buchanan / Mike Burke	+44 (0) 20 7418 8900
Media Enquiries:  investorrelations@mab.org.uk

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