ContourGlobal PLC Director/PDMR Shareholding (2075Z)
May 19 2021 - 12:28PM
UK Regulatory
TIDMGLO
RNS Number : 2075Z
ContourGlobal PLC
19 May 2021
ContourGlobal plc
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them in accordance with the Market Abuse
Regulations.
On 17(th) May 2021, the following deferred bonus awards over
ordinary shares of 1 pence in ContourGlobal plc ("Shares") were
granted under the ContourGlobal plc Long Term Incentive Plan to the
following persons discharging managerial responsibilities:
PDMR No. of shares under Type of Award
Award
Joseph C. Brandt 156,091 Deferred Bonus Award
-------------------- ---------------------
Stefan L. Schellinger 79,040 Deferred Bonus Award
-------------------- ---------------------
The award is structured as a conditional award of shares and
will ordinarily vest on 10(th) March 2023. Pursuant to the
Company's remuneration policy requiring that any bonus in excess of
50% of maximum be deferred into shares for a period of two years,
the deferred bonus awards represent a deferral of 41% of the bonus
amount determined for Mr. Brandt and Mr. Schellinger respectively
for the 2020 bonus year. Details of the full notifications received
by the Company are set out below.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Joseph C. Brandt
------------------------------- -------------------------------------------
2 Reason for Notification
----------------------------------------------------------------------------
a) Position/status President and Chief Executive Officer
------------------------------- -------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name ContourGlobal plc
------------------------------- -------------------------------------------
b) LEI 5493002I3A4J5TFOR115
------------------------------- -------------------------------------------
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 Ordinary Shares of 1 pence each in
instrument, type of ContourGlobal plc
instrument GB00BF448H58
Identification code
------------------------------- -------------------------------------------
b) Nature of the transaction Grant of a deferred bonus award under
the ContourGlobal plc Long Term Incentive
Plan. The award is structured as a
conditional award of shares and will
ordinarily vest on 10(th) March 2023.
------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1.926 156,091
----------
------------------------------- -------------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
------------------------------- -------------------------------------------
e) Date of the transaction 2021-5-17
------------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- -------------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Stefan L. Schellinger
------------------------------- -------------------------------------------
2 Reason for Notification
----------------------------------------------------------------------------
a) Position/status Chief Financial Officer
------------------------------- -------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- -------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
----------------------------------------------------------------------------
a) Name ContourGlobal plc
------------------------------- -------------------------------------------
b) LEI 5493002I3A4J5TFOR115
------------------------------- -------------------------------------------
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 Ordinary Shares of 1 pence each in
instrument, type of ContourGlobal plc
instrument GB00BF448H58
Identification code
------------------------------- -------------------------------------------
b) Nature of the transaction Grant of a deferred bonus award under
the ContourGlobal plc Long Term Incentive
Plan. The award is structured as a
conditional award of shares and will
ordinarily vest on 10(th) March 2023.
------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
1.926 79,040
----------
------------------------------- -------------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
------------------------------- -------------------------------------------
e) Date of the transaction 2021-5-17
------------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue
------------------------------- -------------------------------------------
Vicky Dalby
Company Secretary
19 May 2021
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END
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