Countrywide PLC Director/PDMR Shareholding (9861I)
March 26 2018 - 11:20AM
UK Regulatory
TIDMCWD
RNS Number : 9861I
Countrywide PLC
26 March 2018
26 March 2018
Countrywide plc
("Countrywide" or the "Company")
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons
Countrywide plc announces that on 26 March 2018, the
Remuneration Committee approved the grant of nil cost options under
the Countrywide Long-Term Incentive Plan to the following persons
discharging managerial responsibilities:
Name Number of ordinary shares Exercise Price
subject to the option
---------------- -------------------------- ---------------
Himanshu Raja 922,385 Nil
---------------- -------------------------- ---------------
Paul Creffield 708,661 Nil
---------------- -------------------------- ---------------
Peter Curran 577,024 Nil
---------------- -------------------------- ---------------
Paul Chapman 501,687 Nil
---------------- -------------------------- ---------------
Daniel Thompson 168,729 Nil
---------------- -------------------------- ---------------
Performance Conditions
Performance conditions, relating to Earnings per Share targets,
Total Shareholder Return targets and Operating Cash Flow Conversion
targets, as measured over a three year period, will determine the
extent to which the options will vest. The number of options shown
is the maximum available if all conditions relating to awards are
satisfied in full. Performance conditions may, in exceptional
circumstances, be amended in accordance with the rules of the
Long-Term Incentive Plan.
These options will, subject to satisfaction of performance
conditions, vest on 26 March 2021 and may be exercised prior to 26
March 2028.
The attached notifications, made in accordance with requirements
of the EU Market Abuse Regulation, give further details of the
options granted.
ENQUIRIES: Alix Nicholson (Deputy
Company Secretary)
COUNTRYWIDE PLC (+44) 01245 294007
WEBSITE: http:// www.countrywide.co.uk
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them
1. Details of the PDMR / person closely associated
--- ----------------------------------------------------------------------------
a) Name Himanshu Raja
--- ------------------------------ --------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position Executive Director - PDMR
/ status
--- ------------------------------ --------------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ --------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------
a) Name Countrywide plc
--- ------------------------------ --------------------------------------------
b) LEI 213800N1OX24ENZUIK30
--- ------------------------------ --------------------------------------------
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 Share options over ordinary shares
of the financial of GBP0.01 each in Countrywide plc
instrument,
type of instrument
Identification GB00B9NWP991
code
--- ------------------------------ --------------------------------------------
b) Nature of Grant of options under the Countrywide
the transaction Long-Term Incentive Plan
Options are subject to certain performance
conditions and a two year holding
period post vesting.
--- ------------------------------ --------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------ ----------
GBPNIL GBP 922,385
------------ ----------
--- ------------------------------ --------------------------------------------
d) Aggregated
information
N/A
* Aggregated volume
GBPNIL GBP
* Price
--- ------------------------------ --------------------------------------------
e) Date of the 2018-03-26
transaction
--- ------------------------------ --------------------------------------------
f) Place of N/A
the transaction
--- ------------------------------ --------------------------------------------
1. Details of the PDMR / person closely associated
--- ----------------------------------------------------------------------------
a) Name Paul Creffield
--- ------------------------------ --------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position Group Operations Director - PDMR
/ status
--- ------------------------------ --------------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ --------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------
a) Name Countrywide plc
--- ------------------------------ --------------------------------------------
b) LEI 213800N1OX24ENZUIK30
--- ------------------------------ --------------------------------------------
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 Share options over ordinary shares
of the financial of GBP0.01 each in Countrywide plc
instrument,
type of instrument
Identification GB00B9NWP991
code
--- ------------------------------ --------------------------------------------
b) Nature of Grant of options under the Countrywide
the transaction Long-Term Incentive Plan
Options are subject to certain performance
conditions measured over a three-year
performance period.
--- ------------------------------ --------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------ ----------
GBPNIL GBP 708,661
------------ ----------
--- ------------------------------ --------------------------------------------
d) Aggregated
information
N/A
* Aggregated volume
GBPNIL GBP
* Price
--- ------------------------------ --------------------------------------------
e) Date of the 2018-03-26
transaction
--- ------------------------------ --------------------------------------------
f) Place of N/A
the transaction
--- ------------------------------ --------------------------------------------
1. Details of the PDMR / person closely associated
--- ----------------------------------------------------------------------------
a) Name Peter Curran
--- ------------------------------ --------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position Managing Director, Financial Services
/ status (PDMR)
--- ------------------------------ --------------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ --------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------
a) Name Countrywide plc
--- ------------------------------ --------------------------------------------
b) LEI 213800N1OX24ENZUIK30
--- ------------------------------ --------------------------------------------
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 Share options over ordinary shares
of the financial of GBP0.01 each in Countrywide plc
instrument,
type of instrument
Identification GB00B9NWP991
code
--- ------------------------------ --------------------------------------------
b) Nature of Grant of options under the Countrywide
the transaction Long-Term Incentive Plan
Options are subject to certain performance
conditions measured over a three-year
performance period.
--- ------------------------------ --------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------ ----------
GBPNIL GBP 577,024
------------ ----------
--- ------------------------------ --------------------------------------------
d) Aggregated
information
N/A
* Aggregated volume
GBPNIL GBP
* Price
--- ------------------------------ --------------------------------------------
e) Date of the 2018-03-26
transaction
--- ------------------------------ --------------------------------------------
f) Place of N/A
the transaction
--- ------------------------------ --------------------------------------------
1. Details of the PDMR / person closely associated
--- ----------------------------------------------------------------------------
a) Name Paul Chapman
--- ------------------------------ --------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position Managing Director, B2B (PDMR)
/ status
--- ------------------------------ --------------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ --------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------
a) Name Countrywide plc
--- ------------------------------ --------------------------------------------
b) LEI 213800N1OX24ENZUIK30
--- ------------------------------ --------------------------------------------
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 Share options over ordinary shares
of the financial of GBP0.01 each in Countrywide plc
instrument,
type of instrument
Identification GB00B9NWP991
code
--- ------------------------------ --------------------------------------------
b) Nature of Grant of options under the Countrywide
the transaction Long-Term Incentive Plan
Options are subject to certain performance
conditions measured over a three-year
performance period.
--- ------------------------------ --------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------ ----------
GBPNIL GBP 501,687
------------ ----------
--- ------------------------------ --------------------------------------------
d) Aggregated
information
N/A
* Aggregated volume
GBPNIL GBP
* Price
--- ------------------------------ --------------------------------------------
e) Date of the 2018-03-26
transaction
--- ------------------------------ --------------------------------------------
f) Place of N/A
the transaction
--- ------------------------------ --------------------------------------------
1. Details of the PDMR / person closely associated
--- ----------------------------------------------------------------------------
a) Name Daniel Thompson
--- ------------------------------ --------------------------------------------
2. Reason for the notification
--- ----------------------------------------------------------------------------
a) Position Group People Director (PDMR)
/ status
--- ------------------------------ --------------------------------------------
b) Initial notification Initial notification
/ amendment
--- ------------------------------ --------------------------------------------
3. Details of the issuer, emission allowance market
participant, auction platform, auctioneer or
auction monitor
--- ----------------------------------------------------------------------------
a) Name Countrywide plc
--- ------------------------------ --------------------------------------------
b) LEI 213800N1OX24ENZUIK30
--- ------------------------------ --------------------------------------------
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 Share options over ordinary shares
of the financial of GBP0.01 each in Countrywide plc
instrument,
type of instrument
Identification GB00B9NWP991
code
--- ------------------------------ --------------------------------------------
b) Nature of Grant of options under the Countrywide
the transaction Long-Term Incentive Plan
Options are subject to certain performance
conditions measured over a three-year
performance period.
--- ------------------------------ --------------------------------------------
c) Price(s) Price(s) Volume(s)
and volume(s) ------------ ----------
GBPNIL GBP 168,729
------------ ----------
--- ------------------------------ --------------------------------------------
d) Aggregated
information
N/A
* Aggregated volume
GBPNIL GBP
* Price
--- ------------------------------ --------------------------------------------
e) Date of the 2018-03-26
transaction
--- ------------------------------ --------------------------------------------
f) Place of N/A
the transaction
--- ------------------------------ --------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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