Director/PDMR Shareholding

RNS Number : 9532P

Marlowe PLC

22 February 2021

 

22 February 2021

Marlowe plc

("Marlowe" or the "Group")

Director/PDMR Shareholding

Marlowe plc ("Marlowe" or the "Group"), the specialist services group focused on developing companies which assure safety and regulatory compliance, notifies that in order to effect a transfer between legal holdings, Alex Dacre (Chief Executive of the Group) and Charles Skinner (Non-Executive Director) sold the following ordinary shares of 50 pence each in the capital of the Group ("Ordinary Shares").

On 19 February 2021, Alex Dacre sold 2,459,738 Ordinary Shares to Dacre Holdings Limited, a company wholly owned and controlled by Mr Dacre, at a price of 715 pence per Ordinary Share.

There is no change to Mr Dacre's beneficial interest in Ordinary Shares as a result of this transaction. Mr Dacre holds a beneficial interest in a total of  5,094,352 Ordinary Shares (representing c.8.2 per cent. of the Group's issued share capital).  

On 22 February 2021, Charles Skinner sold 471,751 Ordinary Shares to Friary Holdings Limited, a company wholly owned and controlled by Mr Skinner, at a price of 710 pence per Ordinary Share.

There is no change to Mr Skinner's beneficial interest in Ordinary Shares as a result of this transaction. Mr Skinner holds a beneficial interest in a total of  805,084 Ordinary Shares (representing c.1.3 per cent. of the Group's issued share capital).  

For further information:	www.marloweplc.com
Marlowe plc	0203 813 8498
Alex Dacre, Chief Executive	[e-mail]
Mark Adams, Group Finance Director
Cenkos Securities (Nominated Adviser & Joint Broker)	0207 397 8900
Nicholas Wells Ben Jeynes
Joh. Berenberg, Gossler & Co. KG, London Branch (Joint Broker) Ben Wright Mark Whitmore FTI Consulting	0203 207 7800 0203 727 1340
Nick Hasell
Alex Le May

Template for 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	1. Alex Dacre 2. Charles Skinner
2	Reason for the notification
a)	Position/status	1. Chief Executive 2. Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Marlowe plc
b)	LEI	213800ZWSR4SBOM6B608
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 50 pence each
	Identification code	ISIN: GB00BD8SLV43
b)	Nature of the transaction	Sale of ordinary shares to effect transfer between legal holdings
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1. 715 pence	1. 2,459,738
			2. 710 pence	2. 471,751
d)	Aggregated information
	- Aggregated volume	1. 2,459,738   2. 471,751
	- Price	1. £ 17,587,126.70  2. £3,349,432.10
e)	Date of the transaction	1. 19 February 2021 2. 22 February 2021
f)	Place of the transaction	Outside trading venue

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	1. Dacre Holdings Limited 2. Friary Holdings Limited
2	Reason for the notification
a)	Position/status	1. Person closely associated with Alex Dacre, Chief Executive 2. Person closely associated with Charles Skinner, Non-Executive Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Marlowe plc
b)	LEI	213800ZWSR4SBOM6B608
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 50 pence each
	Identification code	ISIN: GB00BD8SLV43
b)	Nature of the transaction	Purchase of ordinary shares to effect transfer between legal holdings
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			1. 715 pence	1. 2,459,738
			2. 710 pence	2. 471,751
d)	Aggregated information
	- Aggregated volume	1. 2,459,738   2. 471,751
	- Price	1. £ 17,587,126.70  2. £3,349,432.10
e)	Date of the transaction	1. 19 February 2021 2. 22 February 2021
f)	Place of the transaction	Outside trading venue

 

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