Brady plc Director/PDMR Shareholding (8547Z)
March 17 2017 - 11:00AM
UK Regulatory
TIDMBRY
RNS Number : 8547Z
Brady plc
17 March 2017
17 March 2017
Brady plc ("Brady" or the "Group")
Director/PDMR Shareholding
Brady plc (AIM: BRY.L) announces that it was notified on 15
March 2017 that Jon Hobbs, a Senior Manager and PDMR, had exercised
options over 50,000 ordinary shares of 1p each in the Company, such
options having been granted under the Company's Share Option Plan
and subsequently sold 50,000 shares.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
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
Jon Hobbs
--- ------------------------- ----------------------------------
2 Reason for the notification
--- -------------------------------------------------------------
a) Position/status PDMR
--- ------------------------- ----------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- ----------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -------------------------------------------------------------
a) Name Brady plc
--- ------------------------- ----------------------------------
b) LEI N/A
--- ------------------------- ----------------------------------
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 Ordinary shares of 1p each
the financial in the Company
instrument, type
of instrument
GB00B0188P35
Identification
code
--- ------------------------- ----------------------------------
b) Nature of the Exercise of option and subsequent
transaction partial sale of shares
--- ------------------------- ----------------------------------
c) Price(s) and volume(s) Exercise of options:
Price(s) Volume(s)
--------------- ----------
66.5 pence
per ordinary
share 50,000
--------------- ----------
Sale of shares:
Price(s) Volume(s)
76 pence per 50,000
ordinary share
---------------- ----------
--- ------------------------- ----------------------------------
d) Aggregated information
Exercise of Options: 50,000
ordinary shares of 1 pence
- Aggregated volume exercised at 66.5 pence per
ordinary share.
- Price Share sale: 50,000 ordinary
shares of 1 pence sold at
76 pence per ordinary share.
--- ------------------------- ----------------------------------
e) Date of the transaction Exercise of options: 15 March
2017
Sale of shares: 15 March
2017
--- ------------------------- ----------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- ------------------------- ----------------------------------
For further information please contact:
Brady plc Telephone: +44(0)1223
Ian Jenks, Executive Chairman 479479
Martin Thorneycroft, Finance
Director
Cenkos Securities plc Telephone: +44 (0)20
Ivonne Cantu (Nomad) 7397 8900
Camilla Hume (Sales)
Redleaf Telephone: +44 (0)20
Charlie Geller / Sam Modlin 7382 4730
About Brady
Brady plc (BRY.L) is the largest European-headquartered provider
of trading and risk management software to the global commodity and
energy markets. Brady combines fully integrated and complete
solutions supporting the entire commodity trading operation, from
capture of financial and physical trading, through risk management,
handling of physical operations to back office financials and
treasury settlement, for energy, refined, unrefined and scrap
metals, soft commodities and agriculturals.
Brady has 30 years' expertise in the commodity markets with some
400 customers worldwide who depend on Brady's software solutions to
deliver vital business transactions across their global operations.
Brady clients include many of the world's largest financial
institutions, trading companies, miners, refiners and producers,
recycling companies, scrap processors, tier one banks and a large
number of London Metal Exchange (LME) Category 1 and 2 clearing
members and many leading European energy generators, traders and
consumers.
For further information visit: www.bradyplc.com
Brady plc: Twitter/Facebook/LinkedIn
This information is provided by RNS
The company news service from the London Stock Exchange
END
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