16th Sep 2021 15:00
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)
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(d) | Aggregated information |
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| · 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)
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(d) | Aggregated information |
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| · 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)
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(d) | Aggregated information |
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| · 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)
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(d) | Aggregated information |
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| · 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 |
Related Shares:
BIFF.L