MJ Hudson Group plc
(the "Company", "Group" or "MJ Hudson")
Exercise of Options & PDMR Dealing
MJ Hudson Group plc (AIM:MJH), the international asset management consultancy, announces that, pursuant to the rules of the Company's unapproved share option plan, as described in the Company´s admission document (dated 11 December 2019), Jonathan Bale, Executive Director and Company Secretary, on 12 February 2021 exercised 495,000 options ("Options") over ordinary shares of nil par value ("Ordinary Shares") in the Company. The exercise price was 32p per share. As a result, and in satisfaction of such exercise, the Company has transferred to Mr. Bale 495,000 existing Ordinary Shares from its Employee Benefit Trust. Following this grant, Mr. Bale holds a total of 21,739 options and 2,996,550 Ordinary Shares. Following these transactions, the Employee Benefit Trust holds a total of 1,552,365 Ordinary Shares.
Further information is set out in the table below, in accordance with article 19(3) of the Market Abuse Regulation:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Jonathan Bale | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Executive Director & Company Secretary | ||||
| b) | Initial notification/Amendment | Initial notification | ||||
| 3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
| a) | Name | MJ Hudson Group plc | ||||
| b) | LEI | 213800PPN2SYLFTMEN54 | ||||
| 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 | Options over Ordinary Shares | ||||
| Identification code | JE00BJTLYP93 | |||||
| b) | Nature of the transaction | Exercise of 495,000 Options over Ordinary Shares at an exercise price of £0.32 per share, and with an aggregate exercise price of £158,400. | ||||
| c) | Number/Value |
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| d) | Aggregated information: · Aggregated volume · Price |
N/A - single transaction
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| e) | Date of the transaction | 16 February 2021 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM Market | ||||
For further information, please contact:
| MJ Hudson Group plc Matthew Hudson, CEO Andrew Walsh, IRO Katherine Hazelden, PR Director
| +44 20 3463 3200 |
| Cenkos Securities (Nomad and Broker) Giles Balleny Stephen Keys Callum Davidson
| +44 20 7397 8900 |
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About MJ Hudson
MJ Hudson, the international asset management consultancy, provides expertise and infrastructure support to fund managers, investors and other specialists in the asset management industries. The Group's services include law, fund management solutions, international administration, investment advisory, data & analytics and IR & Marketing.
This comprehensive range of capabilities, coupled with MJ Hudson's ability to draw on many industry perspectives, allows the Group to build project teams that are extremely effective at helping clients achieve multiple goals. From its offices across major asset management centres, MJ Hudson's team of more than 200 professionals work for clients managing and advising in excess of $1trn of assets. The Group has expertise in all traditional and alternative asset classes, including equities and bonds, private equity, venture capital, hedge funds, real estate, infrastructure, energy and credit.
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