AJ Bell plc (Company)
Director/PDMR/PCA Transaction - Initial Notification
The Company announces that it was notified on 15 February 2019 that Fergus John Lyons, a person discharging managerial responsibility (PDMR) in the Company, has:
(i) transferred 2,500,000 ordinary shares of £0.000125 each in the Company (Ordinary Shares) to his wife, Caroline Anne Lyons, a person closely associated (PCA). The transfer took place on 15 February 2019; and
(ii) transferred 288,000 Ordinary Shares to his adult child, Sophie O'Brien and her husband, Daniel O'Brien, who are not PCAs. The transfer took place on 15 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, the number of shares in which Fergus John Lyons has an interest has reduced to 19,623,242 Ordinary Shares. The shares transferred to Sophie O'Brien and Daniel O'Brien had previously been held by Fergus John Lyons on trust for them.
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 |
Fergus John Lyons |
2 |
Reason for the notification |
a) |
Position/status |
AJ Bell Investcentre Managing 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) |
GBP 0 |
2,500,000 |
|
d) |
Aggregated information · Aggregated volume · Price |
2,500,000 GBP 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 |
Fergus John Lyons |
2 |
Reason for the notification |
a) |
Position/status |
AJ Bell Investcentre Managing 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 adult child and spouse |
c) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
GBP 0 |
288,000 |
|
d) |
Aggregated information · Aggregated volume · Price |
288,000 GBP 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 |
Caroline Anne Lyons |
2 |
Reason for the notification |
a) |
Position/status |
PCA/Fergus John Lyons (AJ Bell Investcentre Managing 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 |
2,500,000 |
|
d) |
Aggregated information |
|
|
· Aggregated volume |
2,500,000 |
|
· Price |
GBP 0 |
e) |
Date of the transaction |
15 February 2019 |
f) |
Place of the transaction |
Outside a trading venue |
Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)
Date of notification: 18 February 2019
