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B&M European (BME)

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Monday 22 February, 2021

B&M European

Director/PDMR Securities

RNS Number : 9511P
B&M European Value Retail S.A.
22 February 2021
 

SSA Investments S.àr.l., a person closely associated with Simon Arora, the CEO of B&M European Value Retail S.A. ("B&M") and Bobby and Robin Arora who are persons discharging managerial responsibilities in relation to B&M, sold 50,000,000 GBP Senior Secured Notes 3.625% due 2025 in B&M for a total aggregate price of GBP 52,082,000 on 19 February 2021, through the chain of transactions notified below, with the ultimate holder of those notes now being Rani 1 Holdings Limited which is a person closely associated with Simon Arora.

 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

Legal person

SSA Investments S.àr.l.

with registered address at 55, avenue Pasteur, L-2311 Luxembourg and registered with the Luxembourg Trade and Companies Register under number B 187251

 

2.

Reason for the notification

Position/status

 This notification concerns SSA Investments S.àr.l. ,a shareholder of  the Issuer, as a person closely associated with the following persons discharging managerial responsibilities:

Simon Arora, Chief Executive Officer and Director of the Issuer;

Bobby Arora, Group Trading Director, PDMR in relation to the Issuer's Group; and

Robin Arora, PDMR in relation to the Issuer's Group.

As SSA Investments S.àr.l. is beneficially owned by Simon, Bobby  and Robin Arora it qualifies as a PCA in the sense of article 3(1)(26)(d) of MAR

Initial notification/ amendment

Initial

 

3.

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

Issuer

B&M European Value Retail S.A.

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

Identification Code

XS2199627030

Nature of the transaction

Sale of debt instruments

Currency

GBP

Price(s) and volume(s)

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Aggregated Information

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Date of Transaction

2021-02-19

Place of transaction

Outside a trading venue

 

 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

Legal person

Simon Arora

 

2.

Reason for the notification

Position/status

Simon Arora is a person discharging managerial responsibilities in relation to the Issuer, being the Chief Executive Officer and a Director of the Issuer.

 

Initial notification/ amendment

Initial

 

3.

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

Issuer

B&M European Value Retail S.A.

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

Identification Code

XS2199627030

Nature of the transaction

Acquisition of debt instruments

Currency

GBP

Price(s) and volume(s)

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Aggregated Information

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Date of Transaction

2021-02-19

Place of transaction

Outside a trading venue

 

 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

Legal person

Simon Arora

 

2.

Reason for the notification

Position/status

Simon Arora is a person discharging managerial responsibilities in relation to the Issuer, being the Chief Executive Officer and a Director of the Issuer.

 

Initial notification/ amendment

Initial

 

3.

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

Issuer

B&M European Value Retail S.A.

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

Identification Code

XS2199627030

Nature of the transaction

Sale of debt instruments

Currency

GBP

Price(s) and volume(s)

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Aggregated Information

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Date of Transaction

2021-02-19

Place of transaction

Outside a trading venue

 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

Legal person

Brooklands SA Investments Unlimited

 

2.

Reason for the notification

Position/status

 This notification concerns Brooklands SA Investments Unlimited, as a person closely associated with Simon Arora, a person discharging managerial responsibilities in relation to the Issuer, being the Chief Executive Officer and a Director of the Issuer.

 

Initial notification/ amendment

Initial

 

3.

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

Issuer

B&M European Value Retail S.A.

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

Identification Code

XS2199627030

Nature of the transaction

Acquisition of debt instruments

Currency

GBP

Price(s) and volume(s)

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Aggregated Information

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Date of Transaction

2021-02-19

Place of transaction

Outside a trading venue

 

 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

Legal person

Brooklands SA Investments Unlimited

 

2.

Reason for the notification

Position/status

 This notification concerns Brooklands SA Investments Unlimited, as a person closely associated with Simon Arora, a person discharging managerial responsibilities in relation to the Issuer, being the Chief Executive Officer and a Director of the Issuer.

 

Initial notification/ amendment

Initial

 

3.

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

Issuer

B&M European Value Retail S.A.

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

Identification Code

XS2199627030

Nature of the transaction

Sale of debt instruments

Currency

GBP

Price(s) and volume(s)

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Aggregated Information

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Date of Transaction

2021-02-19

Place of transaction

Outside a trading venue

 

 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

Legal person

Rani 1 Holdings Limited with registered address at 15 Esplanade St Helier Jersey JE1 1RB and registered in Jersey with the Jersey Companies Register under number 123398

 

2.

Reason for the notification

Position/status

This notification concerns Rani 1 Holdings Limited, as a person closely associated with Simon Arora, CEO and PDMR in relation to the Issuer's Group.

 

As Rani 1 Holdings Limited is an investment company beneficially owned by Simon Arora's family trust it qualifies as a PCA in the sense of article 3(1)(26)(d) of MAR.

Initial notification/ amendment

Initial

 

3.

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

Issuer

B&M European Value Retail S.A.

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

Identification Code

XS2199627030

Nature of the transaction

Acquisition of debt instruments

Currency

GBP

Price(s) and volume(s)

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Aggregated Information

Price

Volume

Total

 

GBP 1.04164

50,000,000

GBP 52,082,000

Date of Transaction

2021-02-19

Place of transaction

Outside a trading venue

 

 

 

 

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