Director/PDMR Shareholding and TVR
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Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L) announces that a total of 50,986 options over ordinary shares of 0.1 pence each in the Company ("Ordinary Shares") (the "Options") have been granted on 24 May 2024 to the newly appointed CFO, Emilie McCarthy, and senior executives of MAB. The Options have been granted under the Mortgage Advice Bureau Executive Share Option Plan and exercise of the Options is subject to the achievement of a performance condition based on growth in adjusted earnings per share. Subject to achievement of the performance condition, the Options will become exercisable on 2 April 2027. The exercise price for the Options is 0.1 pence, being the nominal cost of Ordinary Shares.
The total number of Ordinary Shares now under option is 897,402 representing 1.5% of the Company's issued share capital.
| Joint Broker: Peel Hunt LLP Andrew Buchanan / Oliver Jackson / Rob Parker | +44 (0) 20 7418 8900 | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | 1. Emilie McCarthy |
| 2 | Reason for the notification | |
| a) | Position/status | 1. Chief Financial Officer |
| b) | Initial notification /Amendment | Initial notification |
| a) | Name | Mortgage Advice Bureau (Holdings) plc |
| b) | LEI | 2138008AY1RA61T6W960 |
| b) | Nature of the transaction | Grant of Options |
| c) | Price(s) and volume(s) | Price No. of options 1. £0 1. 49,342 |
| d) | Aggregated information - Aggregated volume - Price | Volume: 49,342 Price: £0 |
| e) | Date of the transaction | 24 May 2024 |
| f) | Place of the transaction | Outside of trading venue |
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