B&M European Value Retail S.A. has issued a correction to a previous announcement regarding a notification and public disclosure of transactions by persons discharging managerial responsibilities (PDMR) and persons closely associated with them (PCA). The correction relates to the holdings of SSA Investments S.ar.l in senior secured notes of the company. The interests of Bobby Arora, Group Trading Director and PDMR, remain unchanged. SSA Investments S.ar.l. is beneficially owned by Bobby Arora and others, qualifying it as a PCA.
The correction announcement provides details of the issuer, B&M European Value Retail S.A., and the financial instrument involved, which is GBP Senior Secured Notes 3.625% due 2025 with the identification code XS2199627030. The nature of the transaction is a tender of senior secured notes, with a price of GBP 0.98 and a volume of 12,900,000. The aggregated information for the transaction is a volume of 12,900,000 and a price of GBP 12,642,000. The transaction took place on November 23, 2023, and the place of transaction was Euroclear.
This correction announcement provides the necessary details to rectify the previous notification and ensure accurate reporting of the transactions by PDMRs and PCAs.