AJ Bell PLC

Director's Dealing • Feb 18, 2019

National Storage Mechanism | Additional information

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RNS Number : 3969Q

AJ Bell PLC

18 February 2019

AJ Bell plc (Company)

Director/PDMR/PCA Transaction - Initial Notification

The Company announces that it was notified on 15 February 2019 that Roger John Stott, a person discharging managerial responsibility (PDMR) in the Company, has:

(i)   transferred 859,326 ordinary shares of £0.000125 each in the Company (Ordinary Shares) to his wife, Julie Stott, a person closely associated (PCA) with him. The transfer took place on 15 February 2019.

(ii)   sold 3,070 Ordinary Shares at a price of £2.745005  each and then purchased 3,070 Ordinary Shares at a price of £2.75 each in Junior Individual Savings Accounts (Junior ISA) for his two children, Ben Stott and Katie Stott, both of whom are a person closely associated (PCA) with him. The sale and purchases all took place on 14 February 2019.

The transactions were entered into in accordance with exceptions 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 transactions, the Ordinary Shares remain subject to the terms of such lock up arrangements.

Following the transactions, there has been no change in the number of shares in which Roger John Stott has an interest. The shares had previously been held by Roger John Stott on trust for his wife, Julie Stott.

This announcement, including 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  

Roger John Stott

2

Reason for the notification

a)

Position/status

Group Finance Director/PDMR 

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

AJ Bell plc

b)

LEI

213800VNKA7DPWXWJJ36

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

Ordinary shares of £0.000125 each 

Identification code

GB00BFZNLB60 

b)

Nature of the transaction

Transfer of Ordinary Shares to spouse/PCA

c)

Price(s) and volume(s)

Price(s)	Volume(s)
£ 0	859,326

d)

Aggregated information

·      Aggregated volume

·      Price  

859,326

£ 0

e)

Date of the transaction  

15 February 2019

f)

Place of the transaction  

Outside a trading venue

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  

Roger John Stott

2

Reason for the notification

a)

Position/status

Group Finance Director/PDMR 

b)

Initial notification /Amendment

Initial Notification

3

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

a)

Name

AJ Bell plc

b)

LEI

213800VNKA7DPWXWJJ36

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

Ordinary shares of £0.000125 each 

Identification code

GB00BFZNLB60 

b)

Nature of the transaction

Transfer of Ordinary Shares via sale and repurchase to:

(i)   Junior ISA account in the name of Ben Stott (1,535 Ordinary Shares); and

(ii)   Junior ISA account in the name of Katie Stott (1,535 Ordinary Shares)

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Sale	£2.745005	3,070
Purchase	£2.75	3,070

d)

Aggregated information

·      Aggregated volume

Sale	3,070
Purchase	3,070

Sale	£8,427.16
Purchase	£8,442.50

·      Price  

e)

Date of the transaction  

Sale	14 February 2019
Purchase	14 February 2019

f)

Place of the transaction  

London Stock Exchange

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

Julie Stott

2

Reason for the notification

a)

Position/status  

PCA/Roger John Stott (Group Finance Director)

b)

Initial notification /Amendment  

Initial notification

3

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

a)

Name

AJ Bell plc

b)

LEI  

213800VNKA7DPWXWJJ36

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  

Ordinary Shares 

Identification code

GB00BFZNLB60

b)

Nature of the transaction  

Transfer of Ordinary Shares from spouse/PDMR

c)

Price(s) and volume(s)

Price(s)	Volume(s)
GBP 0	859,326

d)

Aggregated information  

·      Aggregated volume  

859,326

·      Price  

GBP 0

e)

Date of the transaction

15 February 2019 

Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)

Date of notification: 18 February 2019 

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