Marshall Motor Holdings PLC Director/PDMR Shareholdings (3055A)
June 01 2021 - 2:00AM
UK Regulatory
TIDMMMH
RNS Number : 3055A
Marshall Motor Holdings PLC
01 June 2021
1 June 2021
MARSHALL MOTOR HOLDINGS PLC
("MMH" or the "Company")
Director/PDMR Shareholdings
Marshall Motor Holdings Plc, one of the UK's leading automotive
retail groups, announces that on 28 May 2021, certain Directors and
persons discharging managerial responsibilities ('PDMRs') of the
Company were awarded ordinary shares in the Company ("Shares") in
respect of nil cost options granted in 2017 and 2018 under the
Marshall Motor Holdings Plc Performance Share Plan.
The Shares were awarded for nil cost by the trustee of the MMH
Employee Benefit Trust, with those Shares being subject to holding
periods of four years from the date of grant of those awards.
As a result, the interests of the following Directors and PDMRs
in Shares have changed as follows:
Name Position Number of Shares* Resultant interest % holding of
awarded by Trustee in Shares total issued
share capital
of Company
--------------- -------------------- ------------------- ------------------ --------------
Chief Executive
Daksh Gupta Officer 168,072 1,650,000 2.11%
Jamie Crowther Operations Director 24,441 89,931 0.11%
Jon Head Operations Director 18,331 18,331 0.02%
Stephen Jones Company Secretary 18,331 57,382 0.07%
*associated tax and national insurance contribution liabilities
arising in respect of the delivery of Shares have already been cash
settled.
There is no change to the Company's issued share capital as a
result of these transactions.
Details of the notifications received by the Company are set out
below:
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Daksh Gupta
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Chief Executive
--------------------------------------- ----------------------------------
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 of the Ordinary shares of 64p each
financial instrument,
type of instrument
Identification code GB00BVYB2Q58
b) Nature of the transaction Award of Shares
--------------------------------------- ----------------------------------
c) Price(s) and volume(s)
--------------- --------------
Price(s) Volume(s)
--------------- --------------
GBPNil 168,702
------------------------------------------------------------ --------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 28 May 2021
--------------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jamie Crowther
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Operations Director
--------------------------------------- ----------------------------------
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 of the Ordinary shares of 64p each
financial instrument,
type of instrument
Identification code GB00BVYB2Q58
b) Nature of the transaction Award of Shares
--------------------------------------- ----------------------------------
c) Price(s) and volume(s)
--------------- --------------
Price(s) Volume(s)
--------------- --------------
GBPNil 24,441
------------------------------------------------------------ --------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 28 May 2021
--------------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Jon Head
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Operations Director
--------------------------------------- ----------------------------------
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 of the Ordinary shares of 64p each
financial instrument,
type of instrument
Identification code GB00BVYB2Q58
b) Nature of the transaction Award of Shares
--------------------------------------- ----------------------------------
c) Price(s) and volume(s)
--------------- --------------
Price(s) Volume(s)
--------------- --------------
GBPNil 18,331
------------------------------------------------------------ --------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 28 May 2021
--------------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------------- ----------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stephen Jones
--------------------------------------- ----------------------------------
2 Reason for the notification
---------------------------------------------------------------------------
a) Position/status Company Secretary
--------------------------------------- ----------------------------------
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 of the Ordinary shares of 64p each
financial instrument,
type of instrument
Identification code GB00BVYB2Q58
b) Nature of the transaction Award of Shares
--------------------------------------- ----------------------------------
c) Price(s) and volume(s)
--------------- --------------
Price(s) Volume(s)
--------------- --------------
GBPNil 18,331
------------------------------------------------------------ --------------
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 28 May 2021
--------------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------------- ----------------------------------
For further information and enquiries please contact:
Marshall Motor Holdings plc c/o Hudson Sandler
Daksh Gupta, Chief Executive Officer Tel: +44 (0) 20 7796
4133
Richard Blumberger, Chief Financial
Officer
Investec Bank plc (Financial Adviser, Tel: +44 (0) 20 7597
NOMAD & Broker) 5970
Christopher Baird
David Flin
David Anderson
Hudson Sandler Tel: +44 (0) 20 7796
4133
Nick Lyon
Bertie Berger
Nick Moore
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. The Group's businesses have a total of 115
franchises covering 22 brands, across 29 counties in England. In
addition, the Group operates six trade parts specialists, two used
car centres, six standalone body shops and one pre delivery
inspection centre.
In April 2021 the Group was recognised by the Great Place to
Work Institute, being ranked the 12(th) best place to work in the
UK (super large company category). This was the eleventh year in
succession that the Group has achieved Great Place to Work
status.
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