RNS Number : 6186U
B&M European Value Retail S.A.
24 November 2023
 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

1.

Details of the person discharging managerial responsibilities/person closely associated

 

Legal person

SSA Investments S.àr.l.

with registered address at 55, avenue Pasteur, L-2311 Luxembourg and registered with the Luxembourg Trade and Companies Register under number B 187251

 

2.

Reason for the notification

 

Position/status

This notification concerns SSA Investments S.àr.l. ,a shareholder of  the Issuer, as a person closely associated with the following persons discharging managerial responsibilities:

Bobby Arora, Group Trading Director, PDMR in relation to the Issuer's Group.

As SSA Investments S.àr.l. is beneficially owned by Bobby Arora (and others) it qualifies as a PCA in the sense of article 3(1)(26)(d) of MAR

 

Initial notification/ amendment

Initial

 

3.

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

 

Issuer

B&M European Value Retail S.A.

 

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

 

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

 

Identification Code

XS2199627030

 

Nature of the transaction

Tender of senior secured notes

 

Currency

GBP

 

Price(s) and volume(s)

Price

Volume

Total

 


GBP 0.98

12,900,000

GBP  12,642,000

 

Aggregated Information

Price

Volume

Total

 


GBP 0.98

12,900,000

GBP 12,642,000

 

Date of Transaction

 23 November 2023

 

Place of transaction

Euroclear

 


 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

1.

Details of the person discharging managerial responsibilities/person closely associated

 

Legal person

SSA Investments S.àr.l.

with registered address at 55, avenue Pasteur, L-2311 Luxembourg and registered with the Luxembourg Trade and Companies Register under number B 187251

 

2.

Reason for the notification

 

Position/status

This notification concerns SSA Investments S.àr.l. ,a shareholder of  the Issuer, as a person closely associated with the following persons discharging managerial responsibilities:

Bobby Arora, Group Trading Director, PDMR in relation to the Issuer's Group.

As SSA Investments S.àr.l. is beneficially owned by Bobby Arora (and others) it qualifies as a PCA in the sense of article 3(1)(26)(d) of MAR

 

Initial notification/ amendment

Initial

 

3.

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

 

Issuer

B&M European Value Retail S.A.

 

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

 

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 8.125% due 2030

 

Identification Code

XS2721513260

 

Nature of the transaction

Purchase of senior secured notes

 

Currency

GBP

 

Price(s) and volume(s)

Price

Volume

Total

 


GBP 1.00

30,000,000

GBP 30,000,000

 

Aggregated Information

Price

Volume

Total

 


GBP 1.00

30,000,000

GBP 30,000,000

 

Date of Transaction

23 November 2023

 

Place of transaction

Euroclear

 


 

Persons Discharging Managerial Responsibilities and persons closely associated with them notification

1.

Details of the person discharging managerial responsibilities/person closely associated

 

Legal person

Bobby Arora

 

2.

Reason for the notification

 

Position/status

Bobby Arora, Group Trading Director, PDMR in relation to the Issuer's Group.

 

 

Initial notification/ amendment

Initial

 

3.

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

 

Issuer

B&M European Value Retail S.A.

 

LEI

213800UK7ZRLY2K1X530

 

4.

Details of the transaction(s)

 

Description of the financial instrument, type of Instrument

GBP Senior Secured Notes 3.625% due 2025

 

Identification Code

XS2199627030

 

Nature of the transaction

Tender of senior secured notes

 

Currency

GBP

 

Price(s) and volume(s)

Price

Volume

Total

 


GBP 0.98

50,000,000

GBP 49,000,000

 

Aggregated Information

Price

Volume

Total

 


GBP 0.98

50,000,000

GBP 49,000,000

 

Date of Transaction

23 November 2023

 

Place of transaction

Euroclear

 

 

 

Enquiries

 

 

B&M European Value Retail S.A.

For further information please contact +44 (0) 151 728 5400

Mike Schmidt, Chief Financial Officer

Alex Simpson, General Counsel

Pete Waterhouse, Group Financial Controller

investor.relations@bandmretail.com

 

Media

For media please contact +44 (0) 207 379 5151

Maitland  

Sam Cartwright

bmstores-maitland@maitland.co.uk

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