26th Apr 2018 12:05
26 April 2018
MARSHALL MOTOR HOLDINGS PLC
(the "Company")
Director/PDMR Shareholding
The Company has been notified that on 26 April 2018, Daksh Gupta, Chief Executive Officer, transferred 725,000 ordinary shares of 64p each in the Company to his wife, MacKenzie Gupta, for nil consideration. Following the transfer, Daksh Gupta's beneficial interest in the Company's shares remains unchanged at 1,163,272 shares representing approximately 1.49 percent of the Company's issued share capital.
Details of the full notification received by the Company are set out below:
1
| Details of the person discharging managerial responsibilities / person closely associated | |||||
a)
| Name
| (i) Daksh Gupta (Transferor)
(ii) MacKenzie Gupta (Transferee)
| ||||
2 | Reason for notification | |||||
a)
| Position/status | (i) Chief Executive Officer
(ii) Person Closely Associated with Daksh Gupta (Spouse) | ||||
b)
| Initial notification /Amendment | Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Marshall Motor Holdings plc | ||||
b) | LEI | 213800BP3HZWHDWXAY78 | ||||
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 Identification code | Ordinary shares of 64p each
ISIN Code: GB00BVYB2Q58 | ||||
b)
| Nature of the transaction
| Transfer of shares from Daksh Gupta to MacKenzie Gupta for nil consideration | ||||
c) | Currency | GBP | ||||
d)
| Price(s) and volume(s)
|
| ||||
e)
| Aggregated information - Aggregated volume - Price | N/A
| ||||
f)
| Date of the transaction
| 26 April 2018 | ||||
g)
| Place of the transaction
| Outside a trading venue | ||||
ENDS
For further information and enquiries please contact:
Marshall Motor Holdings plc | c/o Hudson Sandler |
Daksh Gupta, Chief Executive Officer | Tel: +44 (0) 20 7796 4133 |
Mark Raban, Chief Financial Officer
| |
Investec Bank plc (Financial Adviser, NOMAD & Broker) | Tel: +44 (0) 20 7597 5970 |
Christopher Baird | |
David Flin | |
David Anderson
| |
Hudson Sandler | Tel: +44 (0) 20 7796 4133 |
Nick Lyon | |
Bertie Berger |
Notes to Editors
About Marshall Motor Holdings plc (www.mmhplc.com)
The Group's principal activities are the sale and repair of new and used vehicles through Marshall Motor Group. The Group's businesses have a total of 101 franchises covering 23 brands, operating from 84 locations across 26 counties in England. In addition, the Group operates five trade parts specialists, three used car centres, five standalone body shops and one pre delivery inspection centre.
In May 2017 the Group was recognised by the Great Place to Work Institute, being ranked the 22nd best place to work in the UK (large company category). This was the eighth year in succession that the Group has achieved Great Place to Work status.
Related Shares:
MMH.L