Ei Group plc Director/PDMR Shareholding (8976W)
December 13 2019 - 11:27AM
UK Regulatory
TIDMEIG
RNS Number : 8976W
Ei Group plc
13 December 2019
Ei Group plc (the 'Company')
Director/PDMR Shareholding
Grant of 2019 Deferred Share Awards
The Company confirms that on 13 December 2019 it granted to each
of the executive directors a deferred share award (structured as an
option) for the year ended 30 September 2019 under the Ei Group
2015 Annual Bonus Plan ('2015 Plan') over ordinary shares of 2.5
pence in the Company ('Shares') as set out below:
Name/Position Shares placed Name/Position Shares placed
under Deferred under Deferred
Share Award Share Award
W S Townsend N R Smith
Chief Executive Chief Financial
Officer 42,352 Officer 34,988
---------------- ----------------- ----------------
These deferred share awards are in respect of the above
individuals' total annual bonus award under the 2015 Plan for the
financial year ended 30 September 2019 and are not subject to
further performance criteria. 50% of any bonus awarded above target
is deferred into shares. W S Townsend and N R Smith both deferred
22% of their overall bonus into deferred shares, the balance was
paid in cash.
Under the rules of the 2015 Plan, the deferred share awards will
be satisfied upon exercise by the transfer of Shares to the
individuals from the Company's Employee Benefit Trust. For W S
Townsend and N R Smith these deferred share awards will normally be
exercisable from 13 December 2022 to 13 June 2023 for a total
payment of GBP1 by each director.
Total Shares held
The total number and percentage of Shares beneficially held by
the following directors immediately following these transactions
are as follows:
Name/Position Total holding Name/Position Total holding
and % of issued and % of issued
Shares (excluding Shares (excluding
treasury) treasury)
W S Townsend 1,417,352 N R Smith 559,988
Chief Executive Chief Financial
Officer 0.29% Officer 0.11%
------------------- ----------------- -------------------
Public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with
them.
Notification of Dealing Form
1 Details of the person discharging managerial responsibility
/persons closely associated with them.
a) Name W S Townsend
--------------------------------------- -------------------------------------
2 Reason for the Notification
------------------------------------------------------------------------------
a) Position/status CEO
--------------------------------------- -------------------------------------
b) Initial Notification/Amendment Initial Notification
--------------------------------------- -------------------------------------
3 Details of the issuer
------------------------------------------------------------------------------
a) Name Ei Group plc
--------------------------------------- -------------------------------------
4 Details of the transactions
------------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 2.5 pence each
instruments, type of instrument GB00B1L8B624
Identification Code
--------------------------------------- -------------------------------------
b) Nature of transactions Grant of 2019 deferred share award
over 42,352 shares, price - nil,
part of 2019 annual bonus award.
--------------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
of share sales
--------------------------------------- ----------------- ------------------
d) Aggregated information
of share sales
Aggregated volume
Price
--------------------------------------- -------------------------------------
e) Date of the transactions 13 December 2019 award only
--------------------------------------- -------------------------------------
f) Place of the transaction Award only
of share sales
--------------------------------------- -------------------------------------
1 Details of the person discharging managerial responsibility
/persons closely associated with them.
a) Name N R Smith
--------------------------------------- -------------------------------------
2 Reason for the Notification
------------------------------------------------------------------------------
a) Position/status CFO
--------------------------------------- -------------------------------------
Initial Notification/Amendment Initial Notification
--------------------------------------- -------------------------------------
3 Details of the issuer
------------------------------------------------------------------------------
a) Name Ei Group plc
--------------------------------------- -------------------------------------
4 Details of the transactions
------------------------------------------------------------------------------
a) Description of the financial Ordinary Shares of 2.5 pence
instruments, type of instrument each
Identification Code GB00B1L8B624
--------------------------------------- -------------------------------------
b) Nature of transactions Grant of 2019 deferred share award
over 34,988 shares, price - nil,
part of 2019 annual bonus award.
--------------------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
of share sales
--------------------------------------- ----------------- ------------------
d) Aggregated information
of share sales
Aggregated volume
Price
--------------------------------------- -------------------------------------
e) Date of the transactions 13 December 2019 award only
--------------------------------------- -------------------------------------
f) Place of the transaction Award only
of shares sales
--------------------------------------- -------------------------------------
Contact:
Loretta Togher, Company Secretary
0121 272 5308
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END
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