Director/PDMR Securities
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 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.