Director/PDMR Shareholding

Marshalls PLC
26 February 2024
 

26 February 2024

 

Marshalls plc

(the "Company" or "Marshalls")

 

EBT Share Purchase

 

The Company has been notified by the Trustee of the Marshalls plc Employee Benefit Trust (the "EBT") that, pursuant to an irrevocable instruction given to the Company's broker, Peel Hunt LLP on 16 February 2024, the EBT has purchased 466,295 ordinary shares of 25 pence each in the Company ("Ordinary Shares") at an average price of 297.95 pence per share (the "EBT Share Purchase").

 

The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries, including the Executive Directors of the Company.  Shares held in the EBT are predominantly used to satisfy awards made pursuant to Marshalls' employee share schemes.  The EBT Share Purchase has been funded by a loan provided to the EBT by the Company from its existing cash resources.

 

Following this transaction, the EBT is interested in a total of 661,897 Ordinary Shares, representing approximately 0.26 per cent of the Company's total voting rights.

 

 

Enquiries:

 

Shiv Sibal, Company Secretary

Marshalls plc

+44 (0)1422 314767










 

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

 

 

Marshalls EBT Limited

2

 

Reason for the notification

 

a)

 

Position/status

 

 

PCA - Executive Officer (Martyn Coffey) in his capacity as a director of Marshalls EBT Limited, which is the Trustee of The Marshalls plc Employee Benefit Trust.

 

 

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

 

Name

 

 

Marshalls plc

b)

 

LEI

 

 

213800S21IFC367J5V62

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

 

 

GB00B012BV22

b)

 

Nature of the transaction

 

 

Purchase of shares to satisfy the vesting of share options under the Marshalls plc 2014 Management Incentive Plan ("MIP") and the Marshalls plc Bonus Share Plan 2015 ("BSP")

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

 

297.95 pence

 

 

466,295

 

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (single transaction)

 

 

N/A (single transaction)

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

 

22.02.24

f)

 

Place of the transaction

 

 

London Stock Exchange, Main Market (XLON)

 

 

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END
 
 

Companies

Marshalls (MSLH)
UK 100

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