PDMR dealing announcement

By

Regulatory News | 24 Sep, 2018

Updated : 12:46

RNS Number : 7227B
BCA Marketplace PLC
24 September 2018
 

24 September 2018

BCA Marketplace plc

("BCA" or the "Company")

Notification of transaction by person discharging managerial responsibilities

The Company has been notified today that Avril Palmer-Baunack has sold to institutional funds in aggregate 5,025,000 Ordinary Shares of £0.01 each in the capital of the Company at an average price of 212.51 pence per share.

Mrs Palmer-Baunack has confirmed that she has no current intention to sell any further Ordinary Shares and is fully committed to her future leadership and the future of BCA Marketplace.

Following this sale, Avril Palmer-Baunack and persons closely associated with her hold 8,845,135 1 shares in the Company, representing approximately 1.11 % of the total issued shares in the Company (excluding shares held in treasury).

Enquiries:

BCA Marketplace plc (Company Secretary)            martin.letza@bca.com

Martin Letza

Buchanan Communications (Financial PR)           +44 (0)20 7466 5000

David Rydell

Square1 Consulting (Financial PR)                           +44 (0)20 7929 5599

David Bick

 

1               including 43,861 BCA Shares held by Iona Palmer-Baunack, a person closely associated with her.

ANNEX

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

 

 

Avril Palmer-Baunack

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Executive Chairman

b)

 

Initial notification /Amendment

 

 

Initial notification

3

 

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

 

a)

 

Name

 

 

BCA Marketplace plc

b)

 

LEI

 

 

213800DF1FHPDJ7Q7C85

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 £0.01 each



Identification code

GB00BP0S1D85

 


b)

 

Nature of the transaction

 

 

Sale of Ordinary Shares

c)

 

Price(s) and volume(s)

 

 

 

 


 

Price(s)

Volume(s)

 


 

 

212.50 pence

5,000,000

 


 

215.00 pence

5,000

 


 

215.00 pence

1,500

 


 

215.00 pence

3,000

 


 

214.54 pence

10,000

 


 

214.50 pence

1,500

 


 

215.00 pence

3,000

 


 

215.00 pence

1,000

 


 

 

 

 

d)

 

Aggregated information




- Aggregated volume

5,025,000



- Price

£10,678,627.50



e)

 

Date of the transaction

 

 

5,000,000 traded on 20 September 2018

25,000 traded on 21 September 2018

f)

 

Place of the transaction

XLON

 


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