REG - BloomsburyPublishing - Director/PDMR Shareholding

Bloomsbury PublishingAnnouncement

29/08/2024 07:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240829:nRSc0644Ca&default-theme=true

RNS Number : 0644C  Bloomsbury Publishing PLC  29 August 2024

29 August 2024

 

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 28 August 2024 that the conditional share award
granted in August 2021 under the 2014 PSP vested at 91% of the maximum on 24
August 2024.

Nigel Newton, Chief Executive and PDMR, acquired 129,079 ordinary shares of
1.25 pence in the Company ("Ordinary Shares") (comprising 122,775 vested 2014
PSP shares and 6,304 dividend equivalent shares, both for nil consideration).
Penny Scott-Bayfield, Group Finance Director and PDMR, acquired 80,626
Ordinary Shares (comprising 76,688 vested 2014 PSP shares and 3,938 dividend
equivalent shares, both for nil consideration).

On 27 August 2024, Mr Newton and Ms Scott-Bayfield sold 58,378 and 38,085
Ordinary Shares respectively at a share price of £7.133 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 70,701 and 42,541 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          1,628,991 Ordinary Shares          2.00%
 Penny Scott-Bayfield  227,257 Ordinary Shares            0.28%

 

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
                                                                   £7.133   58,378
 d)   Aggregated information

      -     Aggregated volume

      -     Aggregated price
 e)   Date of the transaction                                      27 August 2024
 f)   Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

e)

Date of the transaction

27 August 2024

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
                                                                   £7.133   38,085
 d)   Aggregated information

      -     Aggregated volume

      -     Aggregated price
 e)   Date of the transaction                                      27 August 2024
 f)   Place of the transaction                                     London Stock Exchange

d)

Aggregated information

-     Aggregated volume

-     Aggregated price

e)

Date of the transaction

27 August 2024

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/ Hattie Dreyfus / Emily Brooker                 bloomsbury@hudsonsandler.com

 

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  DSHBRGDIXSDDGSI