Director's Dealing • Jul 2, 2019
Director's Dealing
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RNS Number : 1727E
Mortgage Advice Bureau(Holdings)PLC
02 July 2019
2 July 2019
Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Company")
Grant of options and Director dealing
Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that a total of 175,547 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options") have been granted yesterday 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 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.
| Executive Director | Grant of options 1 July 2019 | Total number of options post 1 July 2019 grant of options | % of Issued Share Capital |
| Peter Brodnicki | 37,396 | 541,666 | 1.1% |
| Ben Thompson | 37,396 | 96,659 | 0.2% |
| Lucy Tilley | 29,085 | 288,053 | 0.6% |
Other senior executives of MAB have today been granted options over a total of 71,670 Ordinary Shares.
Under the Mortgage Advice Bureau Executive Share Option Plan, the total number of Ordinary Shares now under option is 1,761,446 representing 3.4% of the Company's issued share capital. This excludes the 255,000 options over Ordinary Shares in the Company granted to MAB's Appointed Representatives in May 2015.
Katherine Innes Ker, Chairman, yesterday purchased 1,000 Ordinary Shares of 0.1p each in the Company for her personal ISA at a price of 612.0 pence per share. Katherine Innes Ker's resultant beneficial interest in the Company is therefore 13,227 Ordinary Shares, representing 0.03% of the Company's issued share capital.
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 shares |
| 1) 0 2) 0 3) 0 |
1) 37,396 2) 37,396 3) 29,085 |
d)
Aggregated information
- Aggregated volume
- Price
Volume: 103,877
Price: 0
e)
Date of the transaction
1 July 2019
f)
Place of the transaction
London Stock Exchange, AIM
1
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
1) Katherine Innes Ker
2
Reason for the notification
a)
Position/status
1) Chairman
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) 612 pence | 1) 1,000 |
d)
Aggregated information
- Aggregated volume
- Price
Volume: 1,000
Price: 612 pence per share
e)
Date of the transaction
1 July 2019
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
| Numis Securities Limited (NOMAD and Broker) | Tel: +44 (0)20 7260 1000 |
| Stephen Westgate / Hugo Rubinstein (Corporate Finance) |
Media Enquiries:
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 [email protected] or visit www.rns.com.
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