Source - LSE Regulatory
RNS Number : 0487M
Biffa plc
16 September 2021
 

Biffa plc

Notification of Transactions of Persons Discharging Managerial Responsibilities

Biffa plc (the "Company") announces the following transactions in the Company's ordinary shares of 1p each ("Ordinary Shares") undertaken by directors/persons discharging managerial responsibility ("PDMR") and persons closely associated with them ("PCA").

On 15 September 2021, the Company was notified by Michael Topham (Chief Executive Officer) and Richard Pike (Chief Financial Officer) and their PCAs, that they had sold the following number of Ordinary Shares in the Company:

Name of PDMR/PCA

Number of Ordinary Shares Sold

Percentage of holding

Sold price per share

Total remaining  Ordinary Shares

Michael Topham and Victoria Topham (PCA)

250,000

22.57%

£3.83

857,542

Richard Pike and Georgia Pike (PCA)

94,453

20.44%

£3.83

367,529

Under the Company's share ownership guidelines, the Executive Directors are required to build and maintain a shareholding equivalent to at least 200% of salary. Michael Topham and Richard Pike continue to comply with this requirement.

The PDMR/PCA notifications below, which are made in accordance with the requirements of DTR 3.1 and the UK version of the EU Market Abuse Regulations, provides further detail of the notifiable transactions.

 

1

Details of the person discharging managerial responsibilities / person closely associated

(a)   

Name

Michael Topham

2

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

Biffa plc

(b)

LEI

2138008RB4WDK7HYYS91

4

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 in the capital of the Company

 

Identification code

GB00BD8DR117

(b)

Nature of the transaction

Sale of Ordinary Shares

(c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£3.83

125,000

(d)

Aggregated information

 

 

·             Aggregated volume

N/A

 

·             Price

N/A                

(e)

Date of the transaction

2021.09.15

(f)

Place of the transaction

London Stock Exchange (XLon)

 

1

Details of the person discharging managerial responsibilities / person closely associated

(b)  

Name

Victoria Topham

2

Reason for the notification

(a)

Position/status

PCA of M Topham, Chief Executive Officer

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

Biffa plc

(b)

LEI

2138008RB4WDK7HYYS91

4

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 in the capital of the Company

 

Identification code

GB00BD8DR117

(b)

Nature of the transaction

Sale of Ordinary Shares

(c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£3.83

125,000

(d)

Aggregated information

 

 

·             Aggregated volume

N/A

 

·             Price

N/A                

(e)

Date of the transaction

2021.09.15

(f)

Place of the transaction

London Stock Exchange (XLon)

 

 

1

Details of the person discharging managerial responsibilities / person closely associated

(c)   

Name

Richard Pike

2

Reason for the notification

(a)

Position/status

Chief Financial Officer

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

Biffa plc

(b)

LEI

2138008RB4WDK7HYYS91

4

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 in the capital of the Company

 

Identification code

GB00BD8DR117

(b)

Nature of the transaction

Sale of Ordinary Shares

(c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£3.83

84,453

(d)

Aggregated information

 

 

·             Aggregated volume

N/A

 

·             Price

N/A                

(e)

Date of the transaction

2021.09.15

(f)

Place of the transaction

London Stock Exchange (XLon)

 

1

Details of the person discharging managerial responsibilities / person closely associated

(d)  

Name

Georgia Pike

2

Reason for the notification

(a)

Position/status

PCA of R Pike, Chief Financial Officer

(b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

Biffa plc

(b)

LEI

2138008RB4WDK7HYYS91

4

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Description of the financial instrument, type of instrument

Ordinary shares of £0.01 in the capital of the Company

 

Identification code

GB00BD8DR117

(b)

Nature of the transaction

Sale of Ordinary Shares

(c)

Price(s) and volume(s)

 

 

 

Price(s)

Volume(s)

£3.83

10,000

(d)

Aggregated information

 

 

·             Aggregated volume

N/A

 

·             Price

N/A                

(e)

Date of the transaction

2021.09.15

(f)

Place of the transaction

London Stock Exchange (XLon)

 

 

Name of officer of issuer responsible for making notification:

Sarah Parsons - Company Secretary

Date of notification: 2021.09.16

 

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