Directors Shareholdings

RNS Number : 3983Y

Mortgage Advice Bureau(Holdings)PLC

01 December 2014

 



Mortgage Advice Bureau (Holdings) plc ("MAB" or the "Company")

1 December 2014

Directors Shareholdings

As disclosed in MAB's recent Admission Document, on 10 November 2014 each of the Non-executive Directors entered into separate agreements with the Company, conditional upon Admission, providing for their regular purchase of Ordinary Shares out of their net after-tax fees received from the Company. It has been agreed that Katherine Innes Ker shall apply every third month's net after-tax fee to the purchase of Ordinary Shares in the market. Nathan Imlach and Richard Verdin shall apply 50 per cent. and 100 per cent., respectively, of their net after-tax monthly fee on a monthly basis to the purchase of Ordinary Shares in the market. No cancellation or variation of these contributions may be made during close periods in accordance with Rule 21 of the AIM Rules and the Company's share dealing code.

As such, the Company has been notified on 28 November that Nathan Imlach and Richard Verdin purchased 931 ordinary shares and 1,728 ordinary shares respectively in the Company on 28 November 2014 at a price of 174.5p per share. Following this purchase, the number of ordinary shares in the Company in which Nathan Imlach and his connected persons are beneficially interested is 13,431 or 0.03% of the Company's total issued share capital. Following this purchase, the number of ordinary shares in the Company in which Richard Verdin and his connected persons are beneficially interested is 7,978 or 0.02% of the Company's total issued share capital.

Enquiries

Mortgage Advice Bureau (Holdings) Limited                                                                                 [phone]

Peter Brodnicki, Chief Executive Officer

David Preece, Chief Operating Officer

Paul Robinson, Finance Director

Nominated Adviser and Broker:

Canaccord Genuity                                                                                                                              [phone]

Martin Green

Lucy Tilley

Peter Stewart

Pippa Underwood

Media Enquiries:

MHP Communications                                                                                                                        [phone]

Gay Collins                                                                                                                                           [phone]

Katie Hunt

Jade Neal

Charlie Barker

[e-mail]

 

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