Director/PDMR Shareholding

By

Regulatory News | 29 May, 2024

Updated : 10:23

RNS Number : 2614Q
AJ Bell PLC
29 May 2024
 

AJ Bell plc

("AJ Bell" or the "Company")

Director/PDMR Share Transactions

 

The Company announces that:

 

(i)         Lucy Birch, a person closely associated (PCA) with Pete Birch, the Chief Financial Officer and a person discharging managerial responsibility (PDMR) in the Company, sold 6,500 ordinary shares of £0.000125 each in the Company (Ordinary Shares) via her AJ Bell dealing account for £3.8668 per Ordinary Share on 24 May 2024. Following the transaction, the number of Ordinary Shares in which Pete Birch has an interest is 31,057 Ordinary Shares, which represents approximately 0.008% of the issued share capital.

 

(ii)         Michael Summersgill, the Chief Executive Officer and a PDMR in the Company, sold 81,000 Ordinary Shares for £3.878256 per Ordinary Share on 24 May 2024 and a further 119,000 Ordinary Shares for £3.930652 per Ordinary Share on 28 May 2024 via his AJ Bell dealing account.

 

(iii)        Lucy Summersgill, a PCA with Michael Summersgill, the Chief Executive Officer and a PDMR in the Company, sold 5,000 Ordinary Shares via her AJ Bell dealing account for £3.878256 per Ordinary Share on 24 May 2024. Following the transactions listed at (ii) and (iii), the number of Ordinary Shares in which Michael Summersgill has an interest is 1,043,960 Ordinary Shares, which represents approximately 0.253% of the issued share capital.

 

This announcement, including the notification below, is made in accordance with the requirements of the UK Market Abuse Regulation.

 

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

Lucy Birch 

2

Reason for the notification

a)

Position/status

PCA with Peter Birch, Chief Financial Officer/PDMR

 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AJ Bell plc

 

b)

Legal Entity Identifier

213800VNKA7DPWXWJJ36

 

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

Identification code

Ordinary shares of £0.000125 each

 

GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.8668

6,500

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

24 May 2024

g)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Summersgill

2

Reason for the notification

a)

Position/status

Michael Summersgill, Chief Executive Officer/PDMR

 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AJ Bell plc

 

b)

Legal Entity Identifier

213800VNKA7DPWXWJJ36

 

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

Identification code

Ordinary shares of £0.000125 each

 

GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.878256

81,000

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

24 May 2024

g)

Place of the transaction

London Stock Exchange

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Michael Summersgill

2

Reason for the notification

a)

Position/status

Michael Summersgill, Chief Executive Officer/PDMR

 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AJ Bell plc

 

b)

Legal Entity Identifier

213800VNKA7DPWXWJJ36

 

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

Identification code

Ordinary shares of £0.000125 each

 

GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.930652

119,000

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

28 May 2024

g)

Place of the transaction

London Stock Exchange

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Lucy Summersgill

2

Reason for the notification

a)

Position/status

PCA with Michael Summersgill, Chief Executive Officer/PDMR

 

b)

Initial notification /Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

AJ Bell plc

 

b)

Legal Entity Identifier

213800VNKA7DPWXWJJ36

 

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

Identification code

Ordinary shares of £0.000125 each

 

GB00BFZNLB60

b)

Nature of the transaction

Sale of Ordinary Shares

c)

Currency

GBP

d)

Price(s) and volume(s)

Price(s)

Volume(s)

£3.878256

5,000

e)

Aggregated information

- Aggregated volume

- Aggregated Price

 

 

N/A single transaction

f)

Date of the transaction

24 May 2024

g)

Place of the transaction

London Stock Exchange

 

Name of officer of issuer responsible for making notification: Olubunmi Likinyo (Company Secretary)

Date of notification: 29 May 2024

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