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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