16th May 2017 16:00
16 May 2017
VIRGIN MONEY HOLDINGS (UK) PLC (the Company)
ISIN: GB00BQ8P0644
NOTIFICATION OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs)
On 16 May 2017 the Company was notified that Jayne-Anne Gadhia, CEO, Executive Director and PDMR, disposed of, in aggregate, 700,000 ordinary shares of 0.01 pence per share in the Company; 90,000 shares on 12 May 2017 for £3.0507 per share and the balance of 610,000 shares on 16 May 2017 for £3.0248.
Following the sale Mrs Gadhia continues to hold 1,981,193 shares in Virgin Money, equating to 769% of base salary. The sale was undertaken in order to deliver on longstanding family commitments.
The transaction took place in the UK and the Shares are listed on the London Stock Exchange.
This notification is made in accordance with the Market Abuse Regulation, Article 19(3), further details below.
1. Details of the person discharging managerial responsibilities/person closely associated
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Name: | Jayne-Anne Gadhia |
2. Reason for the notification
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Position/status | Chief Executive, Executive Director and PDMR |
Initial notification/amendments | Initial notification |
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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Name of legal entity | Virgin Money Holdings (UK) plc |
Legal Entity Identifier code | 213800TAU9ZX2WZNCO64 |
4. Details of the transaction(s)
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Description of financial instrument, type of instrument | Ordinary shares of 0.01p each |
Identification code | GB00BQ8P0644 |
Nature of transaction | Sale of shares |
Currency | GBP |
Price and volume | 700,000 shares in aggregate split: · 90,000 shares at £3.0507 per share · 610,000 shares at £3.0248 per share |
Aggregated information | See above (700,000 shares) |
Date of transaction | 12 May 2017 (90,000 shares) 16 May 2017 (610,000 shares) |
Place of transaction | London Stock Exchange (XLON) |
Enquiries:
Virgin Money Investor RelationsAdam Key020 7111 1311 or [email protected]
Virgin Money Company SecretaryKatie Marshall0191 279 6482 or [email protected]
Related Shares:
Virgin Money Holdings