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RNS Number : 6212Z Bloomsbury Publishing PLC 07 August 2024
7 August 2024
Bloomsbury Publishing Plc (the "Company")
Director/PDMR Shareholdings
Awards under the Bloomsbury Publishing Plc 2023 Executive Share Plan ("2023
ESP")
On 7 August 2024, ESP conditional share awards under the 2023 ESP were granted
to two PDMRs and members of senior management over ordinary shares of 1.25
pence in the Company (the "ESP Awards").
The ESP Awards were granted at a price per share of £6.86, based on the
closing mid-market price of a share on 6 August 2024.
Performance conditions
The ESP Award is based on performance measured over the three financial years
ending February 2027, with straight-line vesting between the points shown in
the table below. Awards to Executive Directors will also be subject to a
post-vesting holding period of two years.
The ESP Awards are subject to the following performance targets:
Metric Weighting 0% vesting 25% vesting 100% vesting
EPS (before highlighted items) 60% 31.8p £35.9p 48.1p
Non-Consumer Operating Profit 17.5% £10.0m £11.1m £14.1m
Consumer Operating Profit 17.5% £24.6m £27.2m £35.1m
International Revenue 5% £142.5m £151.4m £178.3m
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 Grant of ESP awards under the Bloomsbury Publishing Plc 2023 Executive Share
Plan subject to performance conditions
c) Price(s) and volume(s) Price No. of shares
686p 94,892
d) Aggregated information N/A
e) Date of the transaction 7 August 2024
f) Place of the transaction Grant of the options occurred outside a trading venue
d)
Aggregated information
N/A
e)
Date of the transaction
7 August 2024
f)
Place of the transaction
Grant of the options occurred outside a trading venue
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 Grant of ESP awards under the Bloomsbury Publishing Plc 2023 Executive Share
Plan subject to performance conditions
c) Price(s) and volume(s) Price No. of shares
686p 59,272
d) Aggregated information N/A
e) Date of the transaction 7 August 2024
f) Place of the transaction Grant of the options occurred outside a trading venue
d)
Aggregated information
N/A
e)
Date of the transaction
7 August 2024
f)
Place of the transaction
Grant of the options occurred outside a trading venue
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 / Hattie Dreyfus / Emily Brooker bloomsbury@hudsonsandler.com
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