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Marshall Motor Hldgs (MMH)

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Thursday 26 April, 2018

Marshall Motor Hldgs

Director/PDMR Shareholding

RNS Number : 2567M
Marshall Motor Holdings PLC
26 April 2018
 

26 April 2018

MARSHALL MOTOR HOLDINGS PLC

(the "Company")

Director/PDMR Shareholding

The Company has been notified that on 26 April 2018, Daksh Gupta, Chief Executive Officer, transferred 725,000 ordinary shares of 64p each in the Company to his wife, MacKenzie Gupta, for nil consideration. Following the transfer, Daksh Gupta's beneficial interest in the Company's shares remains unchanged at 1,163,272 shares representing approximately 1.49 percent of the Company's issued share capital. 

Details of the full notification received by the Company are set out below:

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

(i)         Daksh Gupta (Transferor)

 

(ii)         MacKenzie Gupta (Transferee)

 

2

Reason for notification

a)

 

Position/status

(i)         Chief Executive Officer

 

(ii)         Person Closely Associated with Daksh Gupta (Spouse)

b)

 

Initial notification /Amendment

Initial Notification

3

 

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

 

a)

 

Name

 

Marshall Motor Holdings plc

b)

LEI

213800BP3HZWHDWXAY78 

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 64p each

 

 ISIN Code: GB00BVYB2Q58

b)

 

Nature of the transaction

 

 

Transfer of shares from Daksh Gupta to MacKenzie Gupta for nil consideration

c)

Currency

GBP

d)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

(i)         £Nil

(ii)         £Nil

(i)            725,000

(ii)           725,000

 

 

e)

 

Aggregated information

- Aggregated volume

- Price

N/A

 

 

f)

 

Date of the transaction

 

26 April 2018

g)

 

Place of the transaction

 

Outside a trading venue

 

ENDS

For further information and enquiries please contact:

 

Marshall Motor Holdings plc

c/o Hudson Sandler

Daksh Gupta, Chief Executive Officer

Tel: +44 (0) 20 7796 4133

Mark Raban, Chief Financial Officer

 


Investec Bank plc (Financial Adviser, NOMAD & Broker)

Tel: +44 (0) 20 7597 5970

Christopher Baird


David Flin


David Anderson

 


Hudson Sandler

Tel: +44 (0) 20 7796 4133

Nick Lyon


Bertie Berger


 

Notes to Editors

 

About Marshall Motor Holdings plc (www.mmhplc.com)

The Group's principal activities are the sale and repair of new and used vehicles through Marshall Motor Group. The Group's businesses have a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

In May 2017 the Group was recognised by the Great Place to Work Institute, being ranked the 22nd best place to work in the UK (large company category). This was the eighth year in succession that the Group has achieved Great Place to Work status.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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