Charles Taylor Director/PDMR Shareholding
May 19 2017 - 4:28AM
UK Regulatory
TIDMCTR
Charles Taylor plc ("the Company")
Director/PDMR Shareholding
The Company announces that on 18 May 2017, the following person discharging
managerial responsibilities ("PDMR") received nil cost ordinary shares of 1p
each in the Company ("shares") on the maturity of a third each of his deferred
annual bonus share awards granted in 2015 and 2016. Following the maturity,
the recipient requested that the Trustee of the Charles Taylor Employees' Share
Ownership Plan ("the Trustee") sell sufficient shares to cover his tax and NI
liabilities and dealing costs and transfer the balance into his name as
indicated below:-
PDMR: Number of shares Number of shares Number of shares
vesting: sold: retained:
Richard Yerbury 12,691 5,977 6,714
The shares sold were sold on 18 May 2017 at 2.31002p per share. Formal
notifications in respect of the PDMRs are below;
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Richard Yerbury
2 Reason for the notification
a) Position/status Group Corporate Development Director and member
of the Company's Executive Committee (PDMR)
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Charles Taylor plc
b) LEI 2138009V1NHVCXIQ6V62
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
GB0001883718
Identification code
b) Nature of the Vesting of share awards under the Charles Taylor
transaction Deferred Annual Bonus Plan
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 12,691
d) Aggregated information N/A (single transaction)
-Aggregated volume
e) Date of the transaction 2017-05-18
f) Place of the Outside a trading venue
transaction
1 Details of the person discharging managerial responsibilities /
person closely associated
a) Name Richard Yerbury
2 Reason for the notification
a) Position/status Group Corporate Development Director and member
of the Company's Executive Committee (PDMR)
b) Initial notification/ Initial notification
Amendment
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Charles Taylor plc
b) LEI 2138009V1NHVCXIQ6V62
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 Ordinary shares of 1 pence each
financial instrument,
type of instrument
GB0001883718
Identification code
b) Nature of the Sale of Shares
transaction
c) Price(s) and volume(s) Price(s) Volume(s)
GBP2.31002 5,977
d) Aggregated information N/A (single transaction)
-Aggregated volume
e) Date of the transaction 2017-05-18
f) Place of the London Stock Exchange, Main Market (XLON)
transaction
For more information, please contact:
Ivan Keane - Group Company Secretary and General Counsel - 020 3320 2206
Tony Llewellyn - Deputy Group Company Secretary - 020 3320 8966
Charles Taylor plc
19 May 2017
Notes to editors
About Charles Taylor
Charles Taylor provides professional services to make the business of insurance
work efficiently. We have been providing insurance-related professional
services since 1884 and today we employ over 1,800 permanent and contract staff
in 71 offices spread across 28 countries in the UK, the Americas, Asia Pacific,
Europe the Middle East and Africa.
The Group operates through three businesses - Management Services, Adjusting
Services and Insurance Support Services. We also own international life
insurers, creating value by undertaking targeted acquisitions and achieving
operational efficiencies.
Our breadth of services, our technical skills and resources and our global
presence means we can manage and resolve virtually any insurance-related
matter, wherever and whenever it occurs.
Further information is available at www.ctplc.com
END
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