Director/PDMR Shareholding

RNS Number : 7530I
AJ Bell PLC
15 December 2020

AJ Bell plc

("AJ Bell", the "Company")

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

The Company announces that it has been notified of the below transactions (Transactions). 

(1)  The senior managers/persons discharging managerial responsibility (PDMRs)  who are named in column (1) of the below table purchased the number of shares set alongside their respective names in column (2) of the below table under the Company's Buy As You Earn scheme (BAYE) on 11 December 2020 at a price of £4.2959 per Ordinary Share.

(1)

(2)

PDMR

Number of Ordinary Shares acquired

Charles Galbraith

35

Roger Stott

35

Bruce Robinson

35

Mo Tagari

35

 

(2)  Les Platts, a director/PDMR in the Company, has on 14 December 2020 in order to effect:

 

a)  a "Bed and ISA" transaction, sold 23,860   ordinary shares of £0.000125 each in the Company (Ordinary Shares) at a price of £4.35 per Ordinary Share and then repurchased into his AJ Bell individual savings account (ISA) the same number of 23,860  Ordinary Shares at a price of £4.3501 per Ordinary Share;

 

b)  a "Bed and SIPP" transaction, sold 35,790 Ordinary Shares at a price of £4.3525 per Ordinary Share and then repurchased into his AJ Bell self-invested personal pension account (SIPP) the same number of 35,790 Ordinary Shares at a price of £4.3525 per Ordinary Share.

 

(3)  Laura Carstensen, a director/PDMR in the Company, has sold 52,045 Ordinary Shares of £0.000125 each in the Company (Ordinary Shares) at a price of £ 4.275 per Ordinary Share on 14 December 2020.

 

(4)  Those persons who are named in column (1) of the below table, who are persons closely associated (PCA) with the PDMRs named in column (2) of the below table, sold the number of Ordinary Shares set alongside their respective names in column (3) of the below table at a price of £ 4.275   per Ordinary Share on 14 December 2020.

(1)

(2)

(3)

PCA

PDMR

Number of Ordinary Shares sold

Julie Stott

Roger Stott

356,000

Laura Petherick

Louis Petherick

30,000

 

(5)  Charles Galbraith, a senior manager/PDMR in the Company, has exercised options under the Company Share Option Plan to acquire 5,714 Ordinary Shares at an exercise price of £0.63 per Ordinary Share, with 832 Ordinary Shares being immediately sold at a price of £ 4.3372 per Ordinary Share to pay the exercise price. Both transactions took place on 15 December 2020.

 

(6)  Following completion of the Transactions, each of the PDMRs named in column (1) of the below table is interested in the number of Ordinary Shares in the Company and percentage of the Company's issued share capital set alongside their respective names in columns (2) and (3) of the below table.

(1)

(2)

(3)

PDMR

Number of shares in which interested

% of issued share capital

Les Platts

310,517

0.076

Laura Carstensen

0

0

Roger Stott

98,255

0.024

Louis Petherick

138,448

0.034

Charles Galbraith

2,030,497

0.494

Bruce Robinson

629,354

0.153

Mo Tagari

23,826

0.006

 

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further details.

 

ENQUIRIES

 

AJ Bell  

 

· Bruce Robinson, Company Secretary  +44 (0) 780 234 4859



 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)

Name

Charles Galbraith

2

Reason for the notification

a)

Position/status

Managing Director, AJ Bell Youinvest/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Purchase of shares under BAYE

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.2959

35

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

11 December 2020

g)

Place of the transaction

London Stock Exchange

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)

Name

Roger Stott

2

Reason for the notification

a)

Position/status

Group Finance 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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Purchase of shares under BAYE

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.2959

35

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

11 December 2020

g)

Place of the transaction

London Stock Exchange

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)

Name

Bruce Robinson

2

Reason for the notification

a)

Position/status

Group Legal Service Director and Company Secretary/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Purchase of shares under BAYE

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.2959

35

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

N/A single transaction

f)

Date of the transaction

11 December 2020

g)

Place of the transaction

London Stock Exchange

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)

Name

Mohamed Tagari

2

Reason for the notification

a)

Position/status

Chief Technology Officer/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Purchase of shares under BAYE

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.2959

35

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

N/A single transaction

f)

Date of the transaction

11 December 2020

g)

Place of the transaction

London Stock Exchange

 

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

Leslie Platts

2

Reason for the notification

a)

Position/status

Chairman/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Sales of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.35

23,860

£4.3525

35,790

e)

Aggregated information

 

 

 

Aggregated volume

59,650

Aggregated Price

 

£259,566.975

f)

Date of the transaction

14 December 2020

g)

Place of the transaction

London Stock Exchange

 

 

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

Leslie Platts

2

Reason for the notification

a)

Position/status

Chairman/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Purchase of Ordinary Shares via ISA

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

 4.3501

23,860

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

14 December 2020

g)

Place of the transaction

London Stock Exchange

 

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

Leslie Platts

2

Reason for the notification

a)

Position/status

Chairman/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Purchase of Ordinary Shares via SIPP

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

 4.3525

35,790

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

14 December 2020

g)

Place of the transaction

London Stock Exchange

 

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

Laura Carstensen

2

Reason for the notification

a)

Position/status

Non-Executive 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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

 

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.275

52,045

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

N/A single transaction

f)

Date of the transaction

14 December 2020

g)

Place of the transaction

London Stock Exchange

 

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

Julie Stott

2

Reason for the notification

a)

Position/status

PCA with Roger Stott, Group Finance 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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.275

356,000

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

14 December 2020

g)

Place of the transaction

London Stock Exchange

 

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

Laura Helen Petherick

2

Reason for the notification

a)

Position/status

PCA with Louis Petherick, Chief Risk Officer/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£4.275

30,000

e)

Aggregated information

- Aggregated volume

- Price

- Aggregated total

 

N/A single transaction

f)

Date of the transaction

14 December 2020

g)

Place of the transaction

London Stock Exchange

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)

Name

Charles Galbraith

2

Reason for the notification

a)

Position/status

Managing Director, AJ Bell Youinvest/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Exercise of CSOP Options

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.63

5,714

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

15 December 2020

g)

Place of the transaction

Outside of a trading venue

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

a)

Name

Charles Galbraith

2

Reason for the notification

a)

Position/status

Managing Director, AJ Bell Youinvest/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)

Legal Entity Identifier

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

Identification code

Ordinary shares of £0.000125 each

 

 GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£ 4.3372

832

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

15 December 2020

g)

Place of the transaction

London Stock Exchange

 

Name of officer of issuer responsible for making notification: Bruce Robinson (Company Secretary)

Date of notification: 15 December 2020 

 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHMZMMZKKZGGZM
Follow us: