Low & Bonar : Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging

managerial responsibilities and persons closely associated with them

Low & Bonar plc (the 'Company') announces that it has been notified of the following transactions in the Company's Ordinary 5p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs').

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1.	Details of the person discharging managerial responsibilities / person closely associated
a.	Name	Philip de Klerk
2.	Reason for the notification
a.	Position/status	Group Chief Executive Officer
b.	Initial notification /Amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a.	Name	Low & Bonar PLC
b.	LEI	213800CALFKOEL7N7P1O
4.	Details of the transaction(s): section to be repeated for (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 Financial instrument, type of instrument Identification code	Ordinary 5 pence shares GB0005363014
b.	Nature of the transaction	Share purchase
c.	Price(s) and volume(s)	Price(s) Volume(s) 49.70 pence 100,000
d.	Aggregated information · Aggregated volume · Price	n/a (single transaction)
e.	Date of the transaction	2018/08/17
f.	Place of the transaction	London Stock Exchange, Main Market (XLON)