Director/PDMR Shareholding

RNS Number : 6776U

Bloomsbury Publishing PLC

30 July 2020

 

30 July 2020

Bloomsbury Publishing Plc (the "Company")

Director/PDMR Shareholding

Vesting and Exercise of options under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

As noted in the Company's annual report and accounts, on 27 July 2020 the   conditional share award granted in July 2017 under the 2014 PSP   partly vested based on the level of the Company's achievement against relevant performance conditions.

Nigel Newton, Chief Executive and PDMR, acquired 254,805 ordinary shares of 1.25 pence in the Company ("Ordinary Shares") (comprising 231,061 vested 2014 PSP shares and 23,744 dividend equivalent shares, both for nil consideration).

Following this transaction, Mr Newton (including persons closely associated) holds a total of 1,272,068 Ordinary Shares, representing approximately 1.61% of the Company's issued share capital.

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 Identification code	Ordinary Shares of 1.25p Each ISIN: GB0033147751
b)	Nature of the transaction	1.  Vesting of 2014 PSP 2.  Receipt of dividend equivalent shares
c)	Price(s) and volume(s)	Price No. of shares 0p 254,805
d)	Aggregated information -  Aggregated volume -  Aggregated price	254,805 shares 0 pence
e)	Date of the transaction	1.  27 July 2020 2.  27 July 2020
f)	Place of the transaction	London Stock Exchange

Enquiries:

Maya Abu-Deeb
Group General Counsel & Company Secretary
Bloomsbury Publishing Plc
Telephone:          [phone]

Email:   [e-mail]

 

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