REG - B&M European - PDMR Notification

B&M European Value Retail SAAnnouncement

24/11/2023 10:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231124:nRSX6186Ua&default-theme=true

RNS Number : 6186U  B&M European Value Retail S.A.  24 November 2023

 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:

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

                                                              As SSA Investments S.àr.l. is beneficially owned by Bobby Arora (and others)
                                                              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                                    Tender of senior secured notes
 Currency                                                     GBP
 Price(s) and volume(s)                                       Price                        Volume                       Total
                                                              GBP 0.98                     12,900,000                   GBP  12,642,000
 Aggregated Information                                       Price                        Volume                       Total
                                                              GBP 0.98                     12,900,000                   GBP 12,642,000
 Date of Transaction                                           23 November 2023
 Place of transaction                                         Euroclear

 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:

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

                                                              As SSA Investments S.àr.l. is beneficially owned by Bobby Arora (and others)
                                                              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 8.125% due 2030
 Identification Code                                          XS2721513260
 Nature of the transaction                                    Purchase of senior secured notes
 Currency                                                     GBP
 Price(s) and volume(s)                                       Price                        Volume                       Total
                                                              GBP 1.00                     30,000,000                   GBP 30,000,000
 Aggregated Information                                       Price                        Volume                       Total
                                                              GBP 1.00                     30,000,000                   GBP 30,000,000
 Date of Transaction                                          23 November 2023
 Place of transaction                                         Euroclear

 Persons Discharging Managerial Responsibilities and persons closely associated
 with them notification
 1.                                                           Details of the person discharging managerial responsibilities/person closely
                                                              associated
 Legal person                                                 Bobby Arora
 2.                                                           Reason for the notification
 Position/status                                              Bobby Arora, Group Trading Director, PDMR in relation to the Issuer's Group.

 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                                    Tender of senior secured notes
 Currency                                                     GBP
 Price(s) and volume(s)                                       Price                        Volume                       Total
                                                              GBP 0.98                     50,000,000                   GBP 49,000,000
 Aggregated Information                                       Price                        Volume                       Total
                                                              GBP 0.98                     50,000,000                   GBP 49,000,000
 Date of Transaction                                          23 November 2023
 Place of transaction                                         Euroclear

 

 

Enquiries

 

 

B&M European Value Retail S.A.

For further information please contact +44 (0) 151 728 5400

Mike Schmidt, Chief Financial Officer

Alex Simpson, General Counsel

Pete Waterhouse, Group Financial Controller

investor.relations@bandmretail.com (mailto:investor.relations@bandmretail.com)

 

Media

For media please contact +44 (0) 207 379 5151

Maitland

Sam Cartwright

bmstores-maitland@maitland.co.uk (mailto:bmstores-maitland@maitland.co.uk)

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHEAEFLAASDFFA