Grant of Options and PDMR Dealing

RNS Number : 5501U
Mortgage Advice Bureau(Holdings)PLC
06 April 2021
 

6 April 2021

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

Grant of Options and PDMR Dealing

Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that a total of 115,502 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options") have been granted on 1 April 2021 to the Executive Directors and senior executives of MAB.  The Options have been granted under the Mortgage Advice Bureau Executive Share Option Plan and exercise of the Options is subject to the achievement of performance conditions based on total shareholder return and earnings per share criteria.  Subject to achievement of the performance conditions, the Options will become exercisable on 1 April 2024.  The exercise price for the Options is 0.1 pence, being the nominal cost of Ordinary Shares.

The total number of Ordinary Shares now under option is 545,302 representing 1.0% of the Company's issued share capital.

In addition, the Company has been notified that on 1 April 2021 certain Directors of the Company or their connected parties sold Ordinary Shares as follows: 

Director

Date of
sale

Number of
shares sold

Sale
price

Total shares held following sale

% ISC held following sale

Nathan Imlach

1 April 2021

15,000

1120.0p

20,644

0.04%

 

The notification below is made in accordance with the requirements of the EU Market Abuse Regulation.

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.  Peter Brodnicki

2.  Ben Thompson

3.  Lucy Tilley

2

Reason for the notification

a)

Position/status

1.  Chief Executive Officer

2.  Deputy Chief Executive Officer

3.  Chief Financial Officer

 

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Mortgage Advice Bureau (Holdings) plc

b)

LEI

2138008AY1RA61T6W960

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 0.1 pence each

 

 

ISIN: GB00BQSBH502

b)

Nature of the transaction

Grant of Options

 

c)

Price(s) and volume(s)

 Price

No. of options

1.  0

2.  0

3.  0

1.  19,766

2.  19,766

3.  17,570

 

d)

Aggregated information

- Aggregated volume

- Price

Volume:  57,102

Price: 0

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Donna Imlach

2

Reason for the notification

a)

Position/status

Person closely associated with Person Discharging Managerial Responsibilities (Nathan Imlach, Senior Independent Director)

 

b)

 

Initial notification /Amendment

Initial notification

3

 

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

a)

Name

Mortgage Advice Bureau (Holdings) plc

b)

LEI

2138008AY1RA61T6W960

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 0.1 pence each

 

 

ISIN: GB00BQSBH502

b)

Nature of the transaction

Sale of shares

 

c)

Price(s) and volume(s)

Volume:  15,000

Price: 1120.0p

 

d)

Aggregated information

- Aggregated volume

- Price

Volume:  15,000

Price: 1120.0p

 

e)

Date of the transaction

1 April 2021

f)

Place of the transaction

London Stock Exchange, AIM

 

Enquiries:

Mortgage Advice Bureau (Holdings) plc   

   +44 (0)1332 525007

Peter Brodnicki, Chief Executive Officer

Ben Thompson, Deputy Chief Executive Officer

Lucy Tilley, Chief Financial Officer

 


Nominated Adviser and Broker:

Numis Securities Limited     

Stephen Westgate / Hugo Rubinstein (Corporate Finance)

 

 

  +44 (0)20 7260 1000

Media Enquiries: 

investorrelations@mab.org.uk


 

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