REG - Mortgage Adv. Bureau - Grant of Options, PDMR Dealing and TVR
Wed 17:30
For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250430:nRSd9109Ga&default-theme=true
RNS Number : 9109G Mortgage Advice Bureau (Hldgs) PLC 30 April 2025
30 April 2025
Mortgage Advice Bureau (Holdings) plc
("MAB" or the "Company")
Grant of Options, PDMR Dealing, and Total Voting Rights
Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that a total of
408,418 options over ordinary shares of 0.1 pence each in the Company
("Ordinary Shares") (the "Options") have been granted on 29 April 2025 to the
Executive Directors and senior executives of MAB. The Options have been
granted under the Mortgage Advice Bureau Executive Share Option Plan and
exercise of the Options is subject to the achievement of a performance
condition based on growth in adjusted diluted earnings per share (the
"Performance Condition") over the period of 1 January 2025 to 31 December
2027. Subject to achievement of the Performance Condition, the Options will
become exercisable on 29 April 2028. The exercise price for the Options
is 0.1 pence, being the nominal cost of Ordinary Shares.
A number of Persons Discharging Managerial Responsibility ("PDMR") were
granted Options as set out below:
PDMR Number of Options granted Total number of options Number of Shares owned (not including Options) Percentage owned
Peter Brodnicki 62,344 308,676 10,401,557 17.95%
Ben Thompson 62,344 248,711 93,682 0.16%
Emilie McCarthy 57,793 107,135 3,265 0.01%
Paul Gill 18,703 33,848 1,383 0.00%
Separately, MAB announces that, on 29 April 2025, a one-off grant of 534,660
Options over Ordinary Shares was awarded to senior executives of Fluent Money
Limited ("Fluent") under the Fluent Money Limited Long-Term Incentive Plan
2025. Each Option is subject to Performance Conditions. The Exercise of each
Option is subject to the Optionholder agreeing to be bound by the Rules of the
Plan, the Performance Conditions and any other terms applying to the relevant
Option. 75% of the Shares subject to each Option granted will vest on 29 April
2028 and the remaining on 29 April 2029. For each date the Committee will
determine the extent to which the Performance Conditions have been satisfied.
The exercise price for the Options is 0.1 pence, being the nominal cost of
Ordinary Shares.
The total number of Ordinary Shares now under option is 1,696,871 representing
2.9% of the Company's issued share capital.
In accordance with the Disclosure and Transparency Rules (DTR 5.6.1R) the
Company notifies the market of the following:
As at the date of this announcement, the Company's issued share capital
consists of 57,956,789 ordinary shares of 0.1 pence each ("Ordinary
Shares"), with voting rights. The Company does not hold any Ordinary Shares in
Treasury.
Therefore, the total number of Ordinary Shares with voting rights is
57,956,789, and this figure may be used by shareholders in the Company as the
denominator for the calculations by which they will determine if they are
required to notify their interest in, or a change in their interest in, the
share capital of the Company under the Financial Conduct Authority's
Disclosure and Transparency Rules.
ENDS
Enquiries:
Mortgage Advice Bureau (Holdings) plc Via Camarco
Peter Brodnicki, Chief Executive Officer
Ben Thompson, Deputy Chief Executive Officer
Emilie McCarthy, Chief Financial Officer
Nominated Adviser and Joint Broker
Keefe, Bruyette & Woods, a Stifel Company +44 (0)20 7710 7600
Erik Anderson / Nick Harland / Francis North
Joint Broker +44 (0) 20 3207 7800
Berenberg
James Felix / Michael Burke / Dan Gee-Summons
Joint Broker
Peel Hunt LLP +44 (0) 20 7418 8900
Andrew Buchanan / Oliver Jackson
Financial PR
Camarco mab@camarco.co.uk (mailto:mab@camarco.co.uk)
Tom Huddart / Louise Dolan / Letaba Rimell +44 (0) 203 757 4980
Investor Relations Investor.relations@mab.org.uk
About Mortgage Advice Bureau:
MAB is one of the UK's leading consumer intermediary brands and specialist
networks for mortgage advisers.
Through its partner firms known as Appointed Representatives (ARs), MAB has
approximately 2,000 advisers providing expert advice to customers on a range
of mortgage, specialist lending, protection, and general insurance products.
MAB supports its AR firms with proprietary technology and services, including
adviser recruitment and lead generation, learning and development, compliance
auditing and supervision, and digital marketing and website solutions.
For more information, visit www.mortgageadvicebureau.com
(https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Furldefense.proofpoint.com%2Fv2%2Furl%3Fu%3Dhttp-3A__www.mortgageadvicebureau.com_%26d%3DDwMF-g%26c%3DeuGZstcaTDllvimEN8b7jXrwqOf-v5A_CdpgnVfiiMM%26r%3DNj006SAhpfJGzqX7TkdnFCOXt8K8HLR6t-m0tfk0sKk%26m%3DgFRfhF8o351YluA18Bjv7ycyKw7h2VVplazDY2IEW0sQ8C0AaYe1Qup_V9gmZQNd%26s%3DKfp85WcIcWHD48Cv6_MtN85WTzPhbcPhgoql1Us5h60%26e%3D&data=05%7C02%7CLetaba.Rimell%40camarco.co.uk%7C49fa9aa74f034fc9a49108dcfff2bf39%7C77a5f6209d7747dba0cd64c70948d532%7C1%7C0%7C638666665356187099%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&sdata=OvOcJHyFYzHfR6M9dFsyhwxgXQbIjrac6cGpXoERDmo%3D&reserved=0)
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 Peter Brodnicki
2 Reason for the notification
a) Position/status Person Discharging Managerial Responsibility, Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mortgage Advice Bureau (Holdings) plc
b) LEI 2138008AY1RA61T6W960
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 0.1 pence each
Identification code
ISIN: GB00BQSBH502
b) Nature of the transaction Granting of Options over Ordinary Shares
c) Price(s) and volume(s) Price No. of shares
Exercise price: 0.1 pence 62,344
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 29 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Ben Thompson
2 Reason for the notification
a) Position/status Person Discharging Managerial Responsibility, Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mortgage Advice Bureau (Holdings) plc
b) LEI 2138008AY1RA61T6W960
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 0.1 pence each
Identification code
ISIN: GB00BQSBH502
b) Nature of the transaction Granting of Options over Ordinary Shares
c) Price(s) and volume(s) Price No. of shares
Exercise price: 0.1 pence 62,344
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 29 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Emilie McCarthy
2 Reason for the notification
a) Position/status Person Discharging Managerial Responsibility, Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mortgage Advice Bureau (Holdings) plc
b) LEI 2138008AY1RA61T6W960
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 0.1 pence each
Identification code
ISIN: GB00BQSBH502
b) Nature of the transaction Granting of Options over Ordinary Shares
c) Price(s) and volume(s) Price No. of shares
Exercise price: 0.1 pence 57,793
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 29 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
Outside a trading venue
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Paul Gill
2 Reason for the notification
a) Position/status Person Discharging Managerial Responsibility, Executive Director
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Mortgage Advice Bureau (Holdings) plc
b) LEI 2138008AY1RA61T6W960
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 0.1 pence each
Identification code
ISIN: GB00BQSBH502
b) Nature of the transaction Granting of Options over Ordinary Shares
c) Price(s) and volume(s) Price No. of shares
Exercise price: 0.1 pence 18,703
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 29 April 2025
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
29 April 2025
f)
Place of the transaction
Outside a trading venue
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 DSHEAKLEDFLSEFARecent news on Mortgage Advice Bureau (Holdings)
See all newsREG - Mortgage Adv. Bureau - Directors' Shareholdings and PDMR notification
AnnouncementREG - Mortgage Adv. Bureau - Grant of Options, PDMR Dealing and TVR
AnnouncementREG - Mortgage Adv. Bureau - Notice of AGM
AnnouncementREG - Mortgage Adv. Bureau - Holding(s) in Company
AnnouncementREG - Mortgage Adv. Bureau - Director/PDMR Shareholding
Announcement