REG - B&M European - CEO Purchase of Shares

B&M European Value Retail SAAnnouncement

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RNS Number : 0745N  B&M European Value Retail S.A.  17 June 2025

 

 

17 June 2025

B&M European Value Retail S.A

3, rue Gabriel Lippmann, L-5365 Munsbach,

Luxembourg

(the "Company")

CEO Share Purchase

 

 

 

B&M European Value Retail S.A. ("the Group"), a UK leading variety goods
value retailer, announced on 15 May 2025 that Tjeerd Jegen would join the
Company as Group Chief Executive Officer ("CEO") on 16(th) June. Further to
Tjeerd commencing his role as Group CEO and Executive Director of the Company
he has also notified the Company of the following share purchases:

 

 

 Persons Discharging Managerial Responsibilities and persons closely associated
 with them notification

 1                                                            Details of the person discharging managerial responsibilities/person closely
                                                              associated
 Legal person                                                 Tjeerd Jegen
 2.                                                           Reason for the notification
 Position/status                                              Tjeerd Jegen is a person discharging managerial responsibilities as Chief
                                                              Executive Officer and Executive Director of the Company.
 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  Ordinary shares of 10 pence each
 Identification Code                                          ISIN LU1072616219
 Nature of the transaction                                    Purchase of ordinary shares
 Currency                                                     GBP
 Price(s) and volume(s)                                       Price                 Volume                Total                 Date
                                                              2.634                 30,400                £80,073.60            2025-06-10
                                                              2.697                 37,500                £101,137.50           2025-06-11
                                                              2.678                 40,000                £107,120.00           2025-06-11
                                                              2.6073                45,000                £117,328.50           2025-06-12
                                                              2.6182                45,000                £117,819.00           2025-06-13
 Aggregated Information                                       Price(s)              Volume                Total
                                                              £2.6073 - £2.697      197,900               £523,559.60
 Date of Transaction                                          Transactions were made between 10 and 13 June 2025 (as detailed above)
 Place of transaction                                         London Main Market

 

 

1.   Tjeerd Jegen brings over 25 years of international retail experience.
He began his career at Ahold Delhaize, gaining experience across food retail
operations in the Netherlands and Central Europe and subsequently worked
as CEO at Metro Group in Romania. He held senior leadership roles at Tesco
in Thailand and Malaysia then led the Supermarkets division of Woolworth
Australia, delivering key innovations in online retail, private label, and
fresh food supply chains. In 2015, Tjeerd became CEO of HEMA, the Dutch value
variety chain, where he led international expansion. More recently, he served
as CEO of Takko Fashion, a leading discount fashion retailer and subsequently
CEO of Accell Group, Europe's largest e-bike manufacturer.

 

2.   Tjeerd Jegen's remuneration and benefits were announced on 15 May 2025
will be consistent with the B&M Remuneration Policy approved at the AGM in
July 2024 and will be disclosed in the 2025 Annual Report and Accounts.

 

3.   The necessary UK Visa and related work permits in relation to this
appointment have been received.

 

4.   Tjeerd is currently senior adviser and at a later stage will be the
incoming Non- Executive Chair of Accell Group, an unquoted private company
where he was formerly CEO.

 

This announcement is made pursuant to UK Listing Rule 6.4.6 R and contains
information relevant to UK Listing Rule 6.4.8R(1). The Company confirms that
there is no information to be disclosed regarding paragraphs (2) to (6) of
Listing Rule 6.4.8R.

 

 

Enquiries

B&M European Value Retail S.A.

For further information please contact:

Dave McCarthy, Head of Investor Relations, Investor.relations@bandmretail.com

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