28 August 2024
Bloomsbury Publishing Plc (the "Company")
Director/PDMR Shareholding
Vesting and Exercise of awards under the Bloomsbury Publishing Plc 2014 Performance Share Plan ("2014 PSP")
As noted in the Company's annual report and accounts, on Saturday 24 August 2024, the conditional share awards granted in August 2021 under the 2014 PSP vested at 91% of the maximum based on the level of the Company's achievement against relevant performance conditions.
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).
Following these transactions, the shareholdings of Mr Newton and Ms Scott-Bayfield (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 | 1,687,369 Ordinary Shares | 2.07% |
| Penny Scott-Bayfield | 265,342 Ordinary Shares | 0.33% |
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 Identification code | Ordinary Shares of 1.25p Each
ISIN: GB0033147751 | ||||
| b) | Nature of the transaction | 1. Vesting of 2014 PSP 2. Receipt of dividend equivalent shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Aggregated price | 129,079 shares 0 pence | ||||
| e) | Date of the transaction | 1. 24 August 2024 2. 24 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 Identification code | Ordinary Shares of 1.25p Each
ISIN: GB0033147751 | ||||
| b) | Nature of the transaction | 1. Vesting of 2014 PSP 2. Receipt of dividend equivalent shares
| ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information - Aggregated volume - Aggregated price | 80,626 shares 0 pence | ||||
| e) | Date of the transaction | 1. 24 August 2024 2. 24 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 |
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