Director/PDMR Shareholding
Updated : 11:25
11 March 2020
Marlowe plc
("Marlowe" or the "Group")
Director/PDMR Shareholding
Marlowe plc ("Marlowe" or the "Group"), the specialist services group focused on developing companies which assure safety and regulatory compliance, notifies that, on 11 March 2020, in order to effect a transfer between legal holdings, Alex Dacre (Chief Executive of the Group) sold 2,612,613 ordinary shares of 50 pence each in the capital of the Group ("Ordinary Shares") to Dacre Holdings Limited, a company wholly owned and controlled by Mr Dacre, at a price of 444 pence per Ordinary Share.
There is no change to Mr Dacre's beneficial interest in Ordinary Shares as a result of this transaction. Mr Dacre holds a beneficial interest in a total of 3,521,334 Ordinary Shares, representing approximately 7.7 per cent of the Company's issued share capital.
|
|
For further information: | www.marloweplc.com |
|
|
Marlowe plc | 0203 813 8498 |
Alex Dacre, Chief Executive | IR@marloweplc.com |
Mark Adams, Group Finance Director |
|
|
|
Cenkos Securities (Nominated Adviser & Joint Broker) | 0207 397 8900 |
Nicholas Wells Ben Jeynes Harry Hargreaves |
|
|
|
Joh. Berenberg, Gossler & Co. KG, London Branch (Joint Broker) Ben Wright Mark Whitmore
FTI Consulting | 0203 207 7800
0203 727 1340 |
Nick Hasell |
|
Alex Le May |
|
Template for 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 | Alex Dacre | |||
2 | Reason for the notification | ||||
a) | Position/status | Chief Executive | |||
b) | Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Marlowe plc | |||
b) | LEI | 213800ZWSR4SBOM6B608 | |||
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 | Ordinary shares of 50 pence each | |||
Identification code | ISIN: GB00BD8SLV43 | ||||
b) | Nature of the transaction | Sale of ordinary shares to effect transfer between legal holdings | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 444 pence | 2,612,613 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
- Aggregated volume | 2,612,613 | ||||
- Price | £11,600,001.72 | ||||
e) | Date of the transaction | 11 March 2020 | |||
f) | Place of the transaction | Outside trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Dacre Holdings Limited | |||
2 | Reason for the notification | ||||
a) | Position/status | Person closely associated with Alex Dacre, Chief Executive | |||
b) | Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Marlowe plc | |||
b) | LEI | 213800ZWSR4SBOM6B608 | |||
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 | Ordinary shares of 50 pence each | |||
Identification code | ISIN: GB00BD8SLV43 | ||||
b) | Nature of the transaction | Purchase of ordinary shares to effect transfer between legal holdings | |||
c)
| Price(s) and volume(s) |
|
|
|
|
|
| Price(s) | Volume(s) |
| |
|
| 444 pence | 2,612,613 |
| |
|
|
|
|
| |
d)
| Aggregated information |
| |||
- Aggregated volume | 2,612,613 | ||||
- Price | £11,600,001.72 | ||||
e) | Date of the transaction | 11 March 2020 | |||
f) | Place of the transaction | Outside trading venue | |||
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.