REG - BloomsburyPublishing - Director/PDMR Shareholding

Bloomsbury PublishingAnnouncement

01/09/2023 14:15

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RNS Number : 1679L  Bloomsbury Publishing PLC  01 September 2023

1 September 2023

 

Bloomsbury Publishing Plc (the "Company")

 

Director/PDMR Shareholdings

 

Sale of shares following the vesting and exercise of options under the
Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")

 

The Company announced on 29 August 2023 that the conditional share award
granted in August 2020 under the 2014 PSP vested in full on 29 August 2023.

Nigel Newton, Chief Executive and PDMR, acquired 243,947 ordinary shares of
1.25 pence in the Company ("Ordinary Shares") (comprising 222,142 vested 2014
PSP shares and 21,805 dividend equivalent shares, both for nil consideration).
Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 152,375
Ordinary Shares (comprising 138,755 vested 2014 PSP shares and 13,620 dividend
equivalent shares, both for nil consideration).

On 30 August 2023, Mr Newton and Ms Scott-Bayfield sold 110,332 and 71,979
Ordinary Shares respectively at a share price of £4.05 per share in order to
fund the tax liabilities and administrative fees arising on vesting. Mr Newton
and Ms Scott-Bayfield retained the balance of 133,615 and 80,396 Ordinary
Shares respectively.

Following these transactions, the shareholdings of Mr Newton and Ms
Scott-Bayfield's (including persons closely associated) in the Company are as
follows:

 PDMR                  Total shareholding in the Company  Percentage of the Company's issued share capital

 Nigel Newton          1,558,284 Ordinary Shares          1.91%
 Penny Scott-Bayfield  184,712 Ordinary Shares            0.23%

 

This vesting was satisfied through the transfer of shares from the Bloomsbury
Employee Benefit Trust.

 

Notifications

 

The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the EU Market Abuse Regulation.

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Nigel Newton
 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                                                         Bloomsbury Publishing PLC
 b)   LEI                                                          213800ZL2PEC4C6UOQ53
 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 1.25p Each

      Identification code

                                                                   ISIN: GB0033147751
 b)   Nature of the transaction                                    Sale of Ordinary Shares to meet tax and administrative fees.
 c)   Price(s) and volume(s)                                       Price   No. of shares
                                                                   £4.05   110,332
 d)   Aggregated information

      -     Aggregated volume

      -     Aggregated price
 e)   Date of the transaction                                      30 August 2023
 f)   Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

e)

Date of the transaction

30 August 2023

f)

Place of the transaction

London Stock Exchange

 

 

 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Penny Scott-Bayfield
 2    Reason for the notification
 a)   Position/status                                              Group Finance Director
 b)   Initial notification /Amendment                              Initial notification

 3    Details of the issuer, emission allowance market participant, auction

    platform, auctioneer or auction monitor

 a)   Name                                                         Bloomsbury Publishing PLC
 b)   LEI                                                          213800ZL2PEC4C6UOQ53
 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 1.25p Each

      Identification code

                                                                   ISIN: GB0033147751
 b)   Nature of the transaction                                    Sale of Ordinary Shares to meet tax and administrative fees.
 c)   Price(s) and volume(s)                                       Price   No. of shares
                                                                   £4.05   71,979
 d)   Aggregated information

      -     Aggregated volume

      -     Aggregated price
 e)   Date of the transaction                                      30 August 2023
 f)   Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

e)

Date of the transaction

30 August 2023

f)

Place of the transaction

London Stock Exchange

 

 

 

For further information, please contact:

 Bloomsbury Publishing Plc
 Maya Abu-Deeb, Group General Counsel & Company Secretary      maya.abu-deeb@bloomsbury.com
 Hudson Sandler                                                +44 (0) 20 7796 4133
 Dan de Belder / Emily Brooker                                 bloomsbury@hudsonsandler.com

 

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