Marshall Motor Holdings PLC Director/PDMR Shareholding (2567M)

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RNS Number : 2567M

Marshall Motor Holdings PLC

26 April 2018

MARSHALL MOTOR HOLDINGS PLC

(the "Company")

Director/PDMR Shareholding

The Company has been notified that on 26 April 2018, Daksh Gupta, Chief Executive Officer, transferred 725,000 ordinary shares of 64p each in the Company to his wife, MacKenzie Gupta, for nil consideration. Following the transfer, Daksh Gupta's beneficial interest in the Company's shares remains unchanged at 1,163,272 shares representing approximately 1.49 percent of the Company's issued share capital.

Details of the full notification received by the Company are set out below:

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ----------------------------------------------------------------- 
 a)   Name                        (i) Daksh Gupta (Transferor) 
 
                                   (ii) MacKenzie Gupta (Transferee) 
---  ---------------------  ------------------------------------------ 
 2    Reason for notification 
---  ----------------------------------------------------------------- 
 a)   Position/status             (i) Chief Executive Officer 
 
                                   (ii) Person Closely Associated 
                                   with Daksh Gupta (Spouse) 
---  ---------------------  ------------------------------------------ 
 b)   Initial notification   Initial Notification 
       /Amendment 
---  ---------------------  ------------------------------------------ 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ----------------------------------------------------------------- 
 a)   Name                   Marshall Motor Holdings plc 
---  ---------------------  ------------------------------------------ 
 b)   LEI                    213800BP3HZWHDWXAY78 
---  ---------------------  ------------------------------------------ 
 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            Ordinary shares of 64p each 
       of the financial 
       instrument,            ISIN Code: GB00BVYB2Q58 
       type of instrument 
       Identification 
       code 
---  ---------------------  ------------------------------------------ 
 b)   Nature of              Transfer of shares from Daksh 
       the transaction        Gupta to MacKenzie Gupta for 
                              nil consideration 
---  ---------------------  ------------------------------------------ 
 c)   Currency               GBP 
---  ---------------------  ------------------------------------------ 
 d)   Price(s) and             Price(s)            Volume(s) 
       volume(s)               ------------------  ------------------- 
                                     (i) GBPNil          (i) 725,000 
                                      (ii) GBPNil         (ii) 725,000 
                               ------------------  ------------------- 
---  ---------------------  ------------------------------------------ 
 e)   Aggregated             N/A 
       information 
       - Aggregated 
       volume 
       - Price 
---  ---------------------  ------------------------------------------ 
 f)   Date of the            26 April 2018 
       transaction 
---  ---------------------  ------------------------------------------ 
 g)   Place of the           Outside a trading venue 
       transaction 
---  ---------------------  ------------------------------------------

ENDS

For further information and enquiries please contact:

 
 Marshall Motor Holdings plc    c/o Hudson Sandler 
 Daksh Gupta, Chief Executive   Tel: +44 (0) 20 
  Officer                        7796 4133 
 Mark Raban, Chief Financial 
  Officer 
 Investec Bank plc (Financial   Tel: +44 (0) 20 
  Adviser, NOMAD & Broker)       7597 5970 
 Christopher Baird 
 David Flin 
 David Anderson 
 Hudson Sandler                 Tel: +44 (0) 20 
                                 7796 4133 
 Nick Lyon 
 Bertie Berger

Notes to Editors

About Marshall Motor Holdings plc (www.mmhplc.com)

The Group's principal activities are the sale and repair of new and used vehicles through Marshall Motor Group. The Group's businesses have a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.

In May 2017 the Group was recognised by the Great Place to Work Institute, being ranked the 22nd best place to work in the UK (large company category). This was the eighth year in succession that the Group has achieved Great Place to Work status.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 26, 2018 07:05 ET (11:05 GMT)

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