13 May 2021
MJ Hudson Group plc
(the "Company", "Group" or "MJ Hudson")
SIP and PDMR Dealings
The Company has been notified that, on Tuesday 11th May 2021, Odi Lahav, Chief Operating Officer of the Group, acquired 319 partnership shares and 638 matching shares, making in total 957 ordinary shares of nil par value in the Company ("Ordinary Shares"), as a regular monthly purchase under the terms of the Company's HMRC regulated staff share incentive plan ("SIP"). The partnership shares were acquired applying monies obtained via salary deduction at a price of 47p per share and the matching shares were acquired at a price of 47p by the Company and awarded at nil cost. These shares were acquired in the market and are held, subject to restrictions imposed by the SIP rules, by the SIP trustees. Following this transaction Mr Lahav holds 935,957 Ordinary Shares.
The Company has also been notified that on Tuesday 11th May 2021 Peter Connell, Chief Financial Officer of the Group, acquired 319 partnership shares and 638 matching shares, making in total 957 ordinary shares of nil par value in the Company, also as a part of a regular monthly purchase under the terms of the SIP. The partnership shares were acquired applying monies obtained via salary deduction at a price of 47p per share and the matching shares were acquired at a price of 47p by the Company and awarded at nil cost. These shares were acquired in the market and are held, subject to restrictions imposed by the SIP rules, by the SIP trustees. Following this transaction Mr Connell holds 379,509 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 | Odi Lahav | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chief Operating Officer | ||||
| b) | Initial notification/Amendment | Initial | ||||
| 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 | Ordinary shares of nil par value | ||||
| Identification code | JE00BJTLYP93 | |||||
| b) | Nature of the transaction | Purchase of partnership shares, being ordinary shares under the Company's share incentive plan ("SIP") | ||||
| c) | Price(s) and Volumes |
| ||||
| e) | Date of the transaction | 11 May 2021 | ||||
| f) | Place of the transaction | London Stock Exchange, (AIM) | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Odi Lahav | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chief Operating Officer | ||||
| b) | Initial notification/Amendment | Initial | ||||
| 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 | Ordinary shares of nil par value | ||||
| Identification code | JE00BJTLYP93 | |||||
| b) | Nature of the transaction | Acquisition of matching shares, being ordinary shares under the Company's share incentive plan ("SIP") | ||||
| c) | Price(s) and Volumes |
| ||||
| e) | Date of the transaction | 11 May 2021 | ||||
| f) | Place of the transaction | London Stock Exchange, (AIM) | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Peter Connell | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chief Operating Officer | ||||
| b) | Initial notification/Amendment | Initial | ||||
| 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 | Ordinary shares of nil par value | ||||
| Identification code | JE00BJTLYP93 | |||||
| b) | Nature of the transaction | Purchase of ordinary shares under the Company's share incentive plan ("SIP") | ||||
| c) | Price(s) and Volumes |
| ||||
| e) | Date of the transaction | 11 May 2021 | ||||
| f) | Place of the transaction | London Stock Exchange, (AIM) | ||||
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |||||
| a) | Name | Peter Connell | ||||
| 2. | Reason for the Notification | |||||
| a) | Position/status | Chief Operating Officer | ||||
| b) | Initial notification/Amendment | Initial | ||||
| 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 | Ordinary shares of nil par value | ||||
| Identification code | JE00BJTLYP93 | |||||
| b) | Nature of the transaction | Acquisition of matching shares, being ordinary shares under the Company's share incentive plan ("SIP") | ||||
| c) | Price(s) and Volumes |
| ||||
| e) | Date of the transaction | 11 May 2021 | ||||
| f) | Place of the transaction | London Stock Exchange, (AIM) | ||||
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 Harry Hargreaves
| +44 20 7397 8900 |
| Investec Bank (Joint Broker) Christopher Baird David Flin
| +44 20 7597 5970 |
About MJ Hudson
MJ Hudson is a one-stop-shop for advice, outsourcing, and analytics for the US$100 trillion+ asset management industry, with a focus on its fastest growing segment, alternative assets, which includes private equity, venture capital, hedge funds and real estate.
As outlined at IPO in December 2019, our strategy is to scale up through both organic growth and through M&A, adding complementary products and services and extending our geographic reach. This growth is supported by the continuing trend towards outsourcing; the growing need for specialist advice (as regulation in asset management proliferates); and the underlying expansion of the alternative assets subsector.
Founded in 2010 by CEO Matthew Hudson (a lawyer and former alternative assets fund manager), we have grown quickly to now support more than 1,000 clients, including 18 of the FTSE 100. Our business is transatlantic, with clients clustered around the major asset management centres of Europe and North America. Our team of 230 works out of 11 offices in those same centres.
For more information, please visit our website: investors.mjhudson.com/
Linkedin: www.linkedin.com/company/mj-hudson/
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