31 May 2023
Arbuthnot Banking Group PLC
(the "Company")
Director/PDMR Shareholding
The Company announces that on 31 May 2023 Andrew Salmon, Group Chief Operating Officer of the Company, has transferred shares in which he is beneficially interested to his Individual Savings Account ("ISA"). There has been no change in his beneficial interest as a result of these transactions.
Mr Salmon sold 27,563 Ordinary Shares of 1p each and 276 Ordinary Non-Voting Shares of 1p each in the Company, held in his Self-Invested Pension Plan, together with a further 2,068 Ordinary Shares and 21 Ordinary Non-Voting Shares, held in his personal account. Also on 31 May 2023, Mrs Sally Salmon, the wife of Mr. Salmon, sold 2,068 Ordinary Shares and 21 Ordinary Non-Voting Shares, held in her personal account.
Simultaneously, Andrew Salmon purchased 31,699 Ordinary Shares and 318 Ordinary Non-Voting Shares within his ISA.
Following these transactions, Mr. Salmon's beneficial interest in the Company's Ordinary shares remains unchanged at 51,699 shares, representing 0.32 per cent. of the Company's voting rights, together with 518 Ordinary Non-Voting Shares representing 0.39 per cent of the total in issue excluding shares held in Treasury.
Further details of the PDMR dealings are included below. This information has been provided in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.
The directors of the Company accept responsibility for the content of this announcement.
Enquiries:
| Arbuthnot Banking Group Sir Henry Angest, Chairman and Chief Executive Andrew Salmon, Group Chief Operating Officer James Cobb, Group Finance Director
| 020 7012 2400 |
| Grant Thornton UK LLP (Nominated Adviser and AQSE Corporate Adviser) Colin Aaronson / Samantha Harrison / George Grainger / Ciara Donnelly | 020 7383 5100 |
|
|
|
| Shore Capital Ltd (Broker) Daniel Bush / David Coaten / Tom Knibbs
| 020 7408 4090 |
| H / Advisors Maitland (Financial PR) Sam Cartwright
| 020 7379 5151 |
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 | Mr. Andrew Salmon | |||||||||
| 2 | Reason for the notification | ||||||||||
| a) | Position/status | Director and Group Chief Operating Officer | |||||||||
| b) | Initial notification /Amendment | Initial notification | |||||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
| a) | Name | Arbuthnot Banking Group PLC | |||||||||
| b) | LEI | 213800LAWPXT3H3SNN21 | |||||||||
| 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 1p each ISIN: GB0007922338 | |||||||||
| b) | Nature of the transaction | Sale of Ordinary shares | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d)
| Aggregated information: Aggregated volume Aggregated price |
29,631 Ordinary shares £9.35 | |||||||||
| e) | Date of the transaction | 31 May 2023 | |||||||||
| f) | Place of the transaction | London Stock Exchange, XLON | |||||||||
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 | Mr. Andrew Salmon | |||||||||
| 2 | Reason for the notification | ||||||||||
| a) | Position/status | Director and Group Chief Operating 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 | Arbuthnot Banking Group PLC | |||||||||
| b) | LEI | 213800LAWPXT3H3SNN21 | |||||||||
| 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 Non-Voting Shares of 1p each ISIN: GB00BJRHYM66 | |||||||||
| b) | Nature of the transaction | Sale of Ordinary Non-Voting shares | |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d)
| Aggregated information: Aggregated volume Aggregated price |
297 Ordinary Non-Voting shares £5.525 | |||||||||
| e) | Date of the transaction | 31 May 2023 | |||||||||
| f) | Place of the transaction | London Stock Exchange, XLON | |||||||||
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 | Mrs Sally Salmon | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Person Closely Associated with Mr Andrew Salmon, Director | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Arbuthnot Banking Group PLC | ||||||
| b) | LEI | 213800LAWPXT3H3SNN21 | ||||||
| 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 1p each ISIN: GB0007922338 | ||||||
| b) | Nature of the transaction | Sale of Ordinary shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information: Aggregated volume Aggregated price |
2,068 Ordinary shares £9.35 | ||||||
| e) | Date of the transaction | 31 May 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||||
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 | Mrs Sally Salmon | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Person Closely Associated with Mr Andrew Salmon, Director | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Arbuthnot Banking Group PLC | ||||||
| b) | LEI | 213800LAWPXT3H3SNN21 | ||||||
| 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 Non-Voting shares of 1p each ISIN: GB00BJRHYM66 | ||||||
| b) | Nature of the transaction | Sale of Ordinary Non-Voting Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information: Aggregated volume Aggregated price |
21 Ordinary Non-Voting Shares £5.525 | ||||||
| e) | Date of the transaction | 31 May 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||||
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 | Mr. Andrew Salmon | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Director and Group Chief Operating Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Arbuthnot Banking Group PLC | ||||||
| b) | LEI | 213800LAWPXT3H3SNN21 | ||||||
| 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 1p each ISIN: GB0007922338 | ||||||
| b) | Nature of the transaction | Purchase of Ordinary Shares by his Individual Savings Account | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information: Aggregated volume Aggregated price |
31,699 Ordinary shares £9.3515 | ||||||
| e) | Date of the transaction | 31 May 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||||
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 | Mr. Andrew Salmon | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Director and Group Chief Operating Officer | ||||||
| b) | Initial notification /Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | Arbuthnot Banking Group PLC | ||||||
| b) | LEI | 213800LAWPXT3H3SNN21 | ||||||
| 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 Non-Voting shares of 1p each ISIN: GB00BJRHYM66 | ||||||
| b) | Nature of the transaction | Purchase of Ordinary Non-Voting Shares by his Individual Savings Account | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d)
| Aggregated information: Aggregated volume Aggregated price |
318 Ordinary Non-Voting shares £5.525 | ||||||
| e) | Date of the transaction | 31 May 2023 | ||||||
| f) | Place of the transaction | London Stock Exchange, XLON | ||||||
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