REG - BloomsburyPublishing - Director/PDMR Shareholdings
RNS Number : 6645IBloomsbury Publishing PLC13 August 202113 August 2021
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 3 August 2021 that the conditional share award granted in July 2018 under the 2014 PSP vested in full on 31 July 2021.
Nigel Newton, Chief Executive and PDMR, acquired 221,292 ordinary shares of 1.25 pence in the Company ("Ordinary Shares") (comprising 201,851 vested 2014 PSP shares and 19,441 dividend equivalent shares, both for nil consideration). Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 70,635 Ordinary Shares (comprising 64,430 vested 2014 PSP shares and 6,205 dividend equivalent shares, both for nil consideration). On 9 August 2021, Mr Newton and Ms Scott-Bayfield sold 104,556 and 33,375 Ordinary Shares respectively at an average price of £3.4224 per share in order to fund the tax liability, National Insurance liability and administrative fees arising on vesting.
On 11 August 2021, Mr Newton and Ms Scott-Bayfield sold an additional 447 and 143 Ordinary Shares at a price of £3.635 per share in order to fund outstanding administrative fees arising on vesting and retained the balance of 116,289 and 37,117 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
1,306,694 Ordinary Shares
1.6012%
Penny Scott-Bayfield
37,117 Ordinary Shares
0.0004%
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
Sale of Ordinary Shares to settle administrative fees.
c)
Price(s) and volume(s)
Date
Price
No. of shares
11 August 2021
£3.635
447
d)
Aggregated information
- Aggregated volume
- Aggregated price
e)
Date of the transaction
11 August 2021
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
Identification code
Ordinary Shares of 1.25p Each
ISIN: GB0033147751
b)
Nature of the transaction
Sale of Ordinary Shares to settle administrative fees.
c)
Price(s) and volume(s)
Date
Price
No. of shares
11 August 2021
£3.635
143
d)
Aggregated information
- Aggregated volume
- Aggregated price
e)
Date of the transaction
11 August 2021
f)
Place of the transaction
London Stock Exchange
Enquiries:
Maya Abu-Deeb
Group General Counsel & Company Secretary
Bloomsbury Publishing Plc
Telephone: +44(0)20 7631 5600Email: maya.abu-deeb@bloomsbury.com
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