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LONDON - Mortgage Advice Bureau (Holdings) plc (MAB), a UK-based mortgage broker, has reported a transaction involving the purchase of company shares by a key director and his connected party. On Monday, Nathan Imlach, a Senior Independent (LON:IOG) Director of MAB, acquired 271 ordinary shares at a price of 804.43 pence per share.
Following the transaction, Imlach’s total holdings in the company increased to 33,965 shares, representing approximately 0.06% of the issued share capital. The purchase took place on the London Stock Exchange (LON:LSEG)’s AIM market.
The information regarding this transaction was disclosed in line with the UK Market Abuse Regulation, which mandates public notification of trades by persons in managerial positions and their close associates.
Donna Imlach, who is closely associated with Nathan Imlach, was also listed in the notification as part of the regulatory compliance. The notification was marked as an initial notification, indicating this was the first time such a transaction was being reported for this reporting period.
MAB has provided this information as part of its commitment to transparency regarding the dealings of its directors and persons discharging managerial responsibilities. The company’s shares are traded under the ISIN GB00BQSBH502.
This report is based on a press release statement issued by Mortgage Advice Bureau (Holdings) plc.
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