Compass Group PLC Director/PDMR Shareholding (2225E)
July 02 2019 - 5:50AM
UK Regulatory
TIDMCPG
RNS Number : 2225E
Compass Group PLC
02 July 2019
LEI: 2138008M6MH9OZ6U2T68
COMPASS GROUP PLC
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
Compass Group PLC (the "Company") announces the following
changes in the interests of a Director of the Company and Persons
Discharging Managerial Responsibility ("PDMR") in ordinary shares
of 11 1/20 pence each in the share capital of the Company
("Shares").
Restricted Share Award release:
Pursuant to the notification issued by the Company on 16 May
2019 in respect of awards made to Ms Karen Witts under The Compass
Group PLC Karen Witts Restricted Share Award Plan ("Restricted
Plan"), following the satisfaction of the associated performance
conditions, on 1 July 2019 a total of 20,803 Shares vested and were
released to Ms Witts as detailed below:
Restricted Share Vesting Number of Shares Under Conditional
Date Award
1 July 2019 15,181
-----------------------------------
1 July 2019* 5,622
-----------------------------------
Under the Restricted Plan the award marked with (*) was subject
to two financial underpins relating to Compass' performance as
previously detailed on 16 May 2019.
9,808 Shares were subsequently sold to cover resultant tax and
social security liabilities, with a balance of 10,995 Shares being
retained by Ms Witts. Following this transaction Ms Witts has a
shareholding of 10,995 Shares equating to 0.0007 percent of the
issued share capital (excluding treasury shares).
All net shares vesting must be retained until the Company's
Share Ownership Guidelines for executive directors have been met.
Full details will also be disclosed in the relevant Directors'
Remuneration Report.
The following notification has been made to the Financial
Conduct Authority in accordance with the requirements of the EU
Market Abuse Regulation in respect of the above:
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS
DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY
ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Karen Witts
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Group Chief Financial Officer
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/ Initial notification
Amendment
-------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name Compass Group PLC
-------------------------------------------------------- -------------------------------------------------------
b) LEI 2138008M6MH9OZ6U2T68
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary Shares of 11 1/20 pence each in Compass Group
instrument PLC
Identification code
GB00BD6K4575
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Release of a Restricted Share Award on 1 July 2019 and
subsequent sale for tax and social
security purposes
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1 Nil 15,181
---------- ----------
2 GBP 18.94 7,157
---------- ----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
-Aggregated volume
-Price 7,157
-Total GBP 18.94
GBP 135,553.58
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 1 July 2019
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction 1) Outside a trading venue (award release)
2) London Stock Exchange, Main Market - XLON (sale)
-------------------------------------------------------- -------------------------------------------------------
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
AND PERSONS CLOSELY ASSOCIATED WITH THEM
1 Details of the person discharging managerial responsibilities / person closely associated
a) Name Karen Witts
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status Group Chief Financial Officer
-------------------------------------------------------- -------------------------------------------------------
b) Initial notification/ Initial notification
Amendment
-------------------------------------------------------- -------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
-----------------------------------------------------------------------------------------------------------------
a) Name Compass Group PLC
-------------------------------------------------------- -------------------------------------------------------
b) LEI 2138008M6MH9OZ6U2T68
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary Shares of 11 1/20 pence each in Compass Group
instrument PLC
Identification code
GB00BD6K4575
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Release of a Restricted Share Award on 1 July 2019 and
subsequent sale for tax and social
security purposes
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1 Nil 5,622
---------- ----------
2 GBP 18.94 2,651
---------- ----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information
-Aggregated volume
-Price 2,651
-Total GBP 18.94
GBP 50,209.94
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 1 July 2019
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction 1) Outside a trading venue (award release)
2) London Stock Exchange, Main Market - XLON (sale)
-------------------------------------------------------- -------------------------------------------------------
ENDS
Enquiries:
Compass Group PLC
+44 (0)1932 573000
Investors/Analysts: Alison Yapp, Group General Counsel & Company Secretary
Kate Postans, Interim Investor Relations and Corporate Affairs
Director
Note to Editors: Compass Group PLC is the world's leading food
service company, which generated annual revenues of GBP23.2 billion
in the year to 30 September 2018. It operates in around 45
countries, employs and engages around 600,000 people and serves
over 5.5 billion meals a year. The Company specialises in providing
food and a range of support services across the core sectors of
Business & Industry, Healthcare & Seniors, Education,
Sports & Leisure and Defence, Offshore & Remote, with an
established brand portfolio.
This information is provided by RNS, the news service of the
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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