TIDMARBB

RNS Number : 4608Y

Arbuthnot Banking Group PLC

05 May 2023

5 May 2023

Arbuthnot Banking Group plc

("Arbuthnot", the "Company" or the "Group ")

Director Dealing

Further to the Company's announcements dated 14 April 2023 and 4 May 2023, following the Admission of the New Ordinary Shares issued pursuant to the Placing and Subscription, Sir Henry Angest, the Chairman and Chief Executive of the Company has subscribed for 729,843 new Ordinary Shares (via Flowidea Limited, a company of which he is the sole beneficial owner). Sir Henry Angest was interested in approximately 56.26 per cent. of the voting rights in the Company prior to the completion of the Placing and Subscription and accordingly will remain interested in approximately 56.26 per cent. of the voting rights in the Company as a result of the Subscription.

Sir Henry Angest also holds 86,674 Ordinary Non-Voting Shares representing 64.88 per cent of the total number of non-voting shares in issue excluding shares held in Treasury.

This announcement should be read in conjunction with the Company's announcements on 14 April 2023 and 4 May 2023 and the full text of the Company's circular dated 18 April 2023 ("Circular"), copies of which are available on the Company's website at www.arbuthnotlatham.co.uk/group .

Capitalised terms in this announcement not otherwise defined, have the same meaning as given in the Circular.

Further details are set out in the PDMR form below, made in accordance with the Market Abuse Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018.

Enquiries:

 
 Arbuthnot Banking Group 
  Sir Henry Angest, Chairman and Chief Executive 
  Andrew Salmon, Group Chief Operating Officer 
  James Cobb, Group Finance Director                020 7012 2400 
 Grant Thornton UK LLP (Nominated Adviser 
  and 
  AQSE Exchange Corporate Adviser) 
  Colin Aaronson 
  Samantha Harrison 
  George Grainger 
  Ciara Donnelly                                    020 7383 5100 
 Shore Capital (Broker) 
  Daniel Bush 
  David Coaten 
  Tom Knibbs                                        020 7408 4090 
 H/Advisors Maitland (Financial PR) 
  Sam Cartwright                                    020 7379 5151

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

 
      Details of the person discharging managerial responsibilities 
  1    / person closely associated 
 a)   Name                        Sir Henry Angest 
     --------------------------  ------------------------------------- 
      Reason for the notification 
  2 
     ----------------------------------------------------------------- 
 a)   Position/status             Chairman and Chief Executive 
     --------------------------  ------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
     --------------------------  ------------------------------------- 
      Details of the issuer, emission allowance market participant, 
  3    auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------- 
 a)   Name                        Arbuthnot Banking Group plc 
     --------------------------  ------------------------------------- 
 b)   LEI                         213800LAWPXT3H3SNN21 
     --------------------------  ------------------------------------- 
      Details of the transaction(s): section to be repeated for 
  4    (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          Ordinary voting shares of 1p each 
       financial instrument,       ISIN: GB0007922338 
       type of instrument 
       Identification code 
     --------------------------  ------------------------------------- 
 b)   Nature of the transaction   Subscription for new Ordinary Shares 
     --------------------------  ------------------------------------- 
 c)   Price(s) and volume(s)       Price    Volume 
                                     925p   729,843 
                                           -------- 
     --------------------------  ------------------------------------- 
 d)   Aggregated information: 
       Aggregated volume            N/A - single transaction 
       Aggregated price 
     --------------------------  ------------------------------------- 
 e)   Date of the transaction     5 May 2023 
     --------------------------  ------------------------------------- 
 f)   Place of the transaction    Off-market 
     --------------------------  -------------------------------------

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END

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May 05, 2023 03:05 ET (07:05 GMT)

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