BLOOMSBURY PUBLISHING PLC

Remuneration Information • Aug 22, 2019

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 8479J

Bloomsbury Publishing PLC

22 August 2019

22 August 2019

Bloomsbury Publishing Plc (the "Company")

Director/PDMR Shareholdings

Awards under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

On 21 August 2019, PSP conditional share awards under the 2014 PSP were granted to three PDMRs over ordinary shares of 1.25 pence in the Company (the "PSP Awards")

The PSP Awards were granted at a price per share of 230 pence, based on the closing mid-market price of a share on 20 August 2019.

Performance conditions

The PSP Awards are subject to the following performance targets:

·    Relative EPS (50%) - 25% of this part of a PSP Award will vest for annualised growth in EPS over the performance period of RPI +3% increasing pro rata to 100% vesting for annualised growth in EPS over the performance period of RPI +8%; and

·    ROCE (50%) - 25% of this part of a PSP Award will vest for achieving ROCE at the end of the performance period of 12.2% increasing pro rata to 100% vesting for ROCE over the performance period of 15.3%.

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

Grant of PSP awards under the Bloomsbury Publishing Plc 2014 Performance Share Plan subject to EPS and ROCE performance conditions

c)

Price(s) and volume(s)

Price	No. of shares
230p	197,901

d)

Aggregated information

N/A

e)

Date of the transaction

21 August 2019

f)

Place of the transaction

Grant of the options occurred outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Penny Scott-Bayfield

2

Reason for the notification

a)

Position/status

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

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

Grant of PSP awards under the Bloomsbury Publishing Plc 2014 Performance Share Plan subject to EPS and ROCE performance conditions

c)

Price(s) and volume(s)

Price	No. of shares
230p	102,500

d)

Aggregated information

N/A

e)

Date of the transaction

21 August 2019

f)

Place of the transaction

Grant of the options occurred outside a trading venue

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Jonathan Glasspool

2

Reason for the notification

a)

Position/status

Executive Director

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

Grant of PSP awards under the Bloomsbury Publishing Plc 2014 Performance Share Plan subject to EPS and ROCE performance conditions

c)

Price(s) and volume(s)

Price	No. of shares
230p	105,090

d)

Aggregated information

N/A

e)

Date of the transaction

21 August 2019

f)

Place of the transaction

Grant of the options occurred outside a trading venue

Enquiries:

Maya Abu-Deeb

Group General Counsel & Company Secretary

Bloomsbury Publishing Plc

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.

END

DSHDGGDIRSDBGCB