RNS Number : 8316C
Marshalls PLC
21 October 2020
21 October 2020
Marshalls plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Marshalls plc ("Marshalls" or the "Company") has been notified that on 21 October 2020, the Company's Finance Director, Jack Clarke, disposed, in aggregate, 58,432 ordinary shares in the Company at an average price of 721.12p per share.
The disposal was for personal tax planning purposes. Mr Clarke (and his connected person's) beneficial interest in the Company's shares following these transactions are 96,463 ordinary shares, 0.05% of the Company's issued ordinary share capital. Mr Clarke's retained interest in the Company's shares continues to exceed the requirement for him to hold shares representing at least 200% of his current salary.
This notification is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure and Transparency Rules.
Enquiries:
Shiv Sibal
General Counsel and Company Secretary
Marshalls plc
Tel: 01422314767
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
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1
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Details of the person discharging managerial responsibilities / person closely associated
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a)
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Name
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Jack Clarke
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2
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Reason for the notification
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a)
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Position/status
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Finance Director
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b)
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Initial notification /Amendment
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Initial Notification
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3
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Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a)
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Name
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Marshalls plc
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b)
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LEI
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213800S21IFC367J5V62
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4
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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
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a)
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Description of the financial instrument, type of instrument
Identification code
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Ordinary shares of 25p each, with voting rights attached
GB00B012BV22
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b)
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Nature of the transaction
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Sale of shares
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c)
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Price(s) and volume(s)
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Price(s)
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Volume(s)
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£7.211
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58,432 shares
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d)
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Aggregated information
- Aggregated volume
- Price
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N/A (single transaction)
N/A (single transaction)
N/A (single transaction)
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e)
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Date of the transaction
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21.10.2020
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f)
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Place of the transaction
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London Stock Exchange, Main Market (XLON)
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Name of officer of issuer responsible for making notification: Shiv Sibal
Date of notification: 21 October 2020
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