REG - Marshalls PLC - Director/PDMR Shareholding

MarshallsAnnouncement

26/02/2024 10:45

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RNS Number : 4517E  Marshalls PLC  26 February 2024

26 February 2024

 

Marshalls plc

(the "Company" or "Marshalls")

 

EBT Share Purchase

 

The Company has been notified by the Trustee of the Marshalls plc Employee
Benefit Trust (the "EBT") that, pursuant to an irrevocable instruction given
to the Company's broker, Peel Hunt LLP on 16 February 2024, the EBT has
purchased 466,295 ordinary shares of 25 pence each in the Company ("Ordinary
Shares") at an average price of 297.95 pence per share (the "EBT Share
Purchase").

 

The EBT is a discretionary trust for the benefit of employees of the Company
and its subsidiaries, including the Executive Directors of the Company.
Shares held in the EBT are predominantly used to satisfy awards made pursuant
to Marshalls' employee share schemes.  The EBT Share Purchase has been funded
by a loan provided to the EBT by the Company from its existing cash resources.

 

Following this transaction, the EBT is interested in a total of 661,897
Ordinary Shares, representing approximately 0.26 per cent of the Company's
total voting rights.

 

 

Enquiries:

 

 Shiv Sibal, Company Secretary  Marshalls plc  +44 (0)1422 314767

 

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                                                         Marshalls EBT Limited

 2    Reason for the notification

 a)   Position/status                                              PCA - Executive Officer (Martyn Coffey) in his capacity as a director of

                                                            Marshalls EBT Limited, which is the Trustee of The Marshalls plc Employee
                                                                   Benefit Trust.

 b)   Initial notification /Amendment                              Initial Notification

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

    platform, auctioneer or auction monitor

 a)   Name                                                         Marshalls plc

 b)   LEI                                                          213800S21IFC367J5V62

 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

      Identification code

                                                                   GB00B012BV22

 b)   Nature of the transaction                                    Purchase of shares to satisfy the vesting of share options under the Marshalls

                                                            plc 2014 Management Incentive Plan ("MIP") and the Marshalls plc Bonus Share
                                                                   Plan 2015 ("BSP")

 c)   Price(s) and volume(s)

Price(s)       Volume(s)

                                                                   297.95 pence   466,295

 

 d)   Aggregated information                                       N/A (single transaction)

      - Aggregated volume                                          N/A (single transaction)

      - Price                                                      N/A (single transaction)

 e)   Date of the transaction                                      22.02.24

 f)   Place of the transaction                                     London Stock Exchange, Main Market (XLON)

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

N/A (single transaction)

 

 

N/A (single transaction)

 

 

N/A (single transaction)

 

e)

 

Date of the transaction

 

 

22.02.24

f)

 

Place of the transaction

 

 

London Stock Exchange, Main Market (XLON)

 

 

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