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RNS Number : 1300X Bloomsbury Publishing PLC 24 August 2022
24 August 2022
Bloomsbury Publishing Plc (the "Company")
Director/PDMR Shareholdings
Sale of shares following the vesting and exercise of options under the
Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")
The Company announced on 22 August 2022 that the conditional share award
granted in August 2019 under the 2014 PSP vested in full on 21 August 2022.
Nigel Newton, Chief Executive and PDMR, acquired 215,386 ordinary shares of
1.25 pence in the Company ("Ordinary Shares") (comprising 197,901 vested 2014
PSP shares and 17,485 dividend equivalent shares, both for nil consideration).
Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 111,556
Ordinary Shares (comprising 102,500 vested 2014 PSP shares and 9,056 dividend
equivalent shares, both for nil consideration).
On 22 August 2022, Mr Newton and Ms Scott-Bayfield sold 97,411 and 54,097
Ordinary Shares respectively at a share price of £4.13 per share in order to
fund the tax liability, National Insurance liability and administrative fees
arising on vesting. Mr Newton and Ms Scott-Bayfield retained the balance of
117,975 and 57,459 Ordinary Shares respectively.
Following these transactions, the shareholdings of Mr Newton and Ms
Scott-Bayfield's (including persons closely associated) in the Company are as
follows:
PDMR Total shareholding in the Company Percentage of the Company's issued share capital
Nigel Newton 1,424,669 Ordinary Shares 1.745%
Penny Scott-Bayfield 94,576 Ordinary Shares 0.116%
This vesting was satisfied through the transfer of shares from the Bloomsbury
Employee Benefit Trust.
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 Ordinary Shares of 1.25p Each
Identification code
ISIN: GB0033147751
b) Nature of the transaction Sale of Ordinary Shares to meet tax liability, National Insurance liability
and administrative fees.
c) Price(s) and volume(s) Price No. of shares
£4.13 97,411
d) Aggregated information
- Aggregated volume
- Aggregated price
e) Date of the transaction 22 August 2022
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Aggregated price
e)
Date of the transaction
22 August 2022
f)
Place of the transaction
London Stock Exchange
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 Ordinary Shares of 1.25p Each
Identification code
ISIN: GB0033147751
b) Nature of the transaction Sale of Ordinary Shares to meet tax liability, National Insurance liability
and administrative fees.
c) Price(s) and volume(s) Price No. of shares
£4.13 54,097
d) Aggregated information
- Aggregated volume
- Aggregated price
e) Date of the transaction 22 August 2022
f) Place of the transaction London Stock Exchange
d)
Aggregated information
- Aggregated volume
- Aggregated price
e)
Date of the transaction
22 August 2022
f)
Place of the transaction
London Stock Exchange
For further information, please contact:
Bloomsbury Publishing Plc
Maya Abu-Deeb, Group General Counsel & Company Secretary maya.abu-deeb@bloomsbury.com
Hudson Sandler +44 (0) 20 7796 4133
Dan de Belder / Hattie Dreyfus bloomsbury@hudsonsandler.com
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