Director/PDMR Shareholding
Bloomsbury Publishing Plc has granted conditional share awards under its 2023 Executive Share Plan to three Persons Discharging Managerial Responsibilities (PDMRs) and senior management. These awards, priced at £6.56 per share, are contingent on performance metrics including EPS, Academic & Professional Adjusted Profit, Consumer Adjusted Profit, and Total Revenue, measured over the three financial years ending February 2029. Executive Directors will also face a two-year post-vesting holding period. The Chief Executive received 130,319 shares, the Chief Financial & Operating Officer received 91,463 shares, and the Global Managing Director of Academic & Professional Division received 68,597 shares.
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ESP conditional share awards under the 2023 ESP have been granted today to three PDMRs and to members of senior management over ordinary shares of 1.25 pence in the Company (the "ESP Awards").
The ESP Awards were granted at a price per share of £6.56, based on the closing mid-market price of a share on 25 August 2026.
Performance conditions
The ESP Award is based on performance measured over the three financial years ending February 2029, with straight-line vesting between the points shown in the table below. Awards to Executive Directors will also be subject to a post-vesting holding period of two years.
The ESP Awards are subject to the following performance targets:
| Metric | Weighting | 25% vesting | 50% vesting | 100% vesting |
|---|---|---|---|---|
| EPS (before highlighted items) | 60% | 40.0p | 46.0p | 58.0p |
| Academic & Professional Adjusted Profit | 17.5% | £15.0m | £18.3m | £25.0m |
| Consumer Adjusted Profit | 17.5% | £25.0m | £29.2m | £37.5m |
| Total Revenue | 5% | £330.0m | £350.0m | £390.0m |
Vesting will commence at the 25% threshold above.
Notifications
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Nigel Newton |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Bloomsbury Publishing PLC |
| b) | LEI | 213800ZL2PEC4C6UOQ53 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1.25p Each ISIN: GB0033147751 |
| b) | Nature of the transaction | Grant of ESP awards under the Bloomsbury Publishing Plc 2023 Executive Share Plan subject to performance conditions |
| c) | Price(s) and volume(s) | Price No. of shares 656p 130,319 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 26 August 2026 |
| f) | Place of the transaction | Grant of the options occurred outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Keith Underwood |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Financial & Operating Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Bloomsbury Publishing PLC |
| b) | LEI | 213800ZL2PEC4C6UOQ53 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1.25p Each ISIN: GB0033147751 |
| b) | Nature of the transaction | Grant of ESP awards under the Bloomsbury Publishing Plc 2023 Executive Share Plan subject to performance conditions |
| c) | Price(s) and volume(s) | Price No. of shares 656p 91,463 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 26 August 2026 |
| f) | Place of the transaction | Grant of the options occurred outside a trading venue |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Jenny Ridout |
| 2 | Reason for the notification | |
| a) | Position/status | Global Managing Director, Academic & Professional Division |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Bloomsbury Publishing PLC |
| b) | LEI | 213800ZL2PEC4C6UOQ53 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 1.25p Each ISIN: GB0033147751 |
| b) | Nature of the transaction | Grant of ESP awards under the Bloomsbury Publishing Plc 2023 Executive Share Plan subject to performance conditions |
| c) | Price(s) and volume(s) | Price No. of shares 656p 68,597 |
| d) | Aggregated information | N/A |
| e) | Date of the transaction | 26 August 2026 |
| f) | Place of the transaction | Grant of the options occurred outside a trading venue |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.