Hansteen Holdings plc Director/PDMR Shareholding (8645T)
October 17 2017 - 10:39AM
UK Regulatory
TIDMHSTN
RNS Number : 8645T
Hansteen Holdings plc
17 October 2017
17 October 2017
Hansteen Holdings PLC
("Hansteen" or the "Company")
Notification of Transactions of Directors, Persons Discharging
Managerial Responsibilities ("PDMRs") and persons closely
associated with them
On 16 October 2017, the directors of the Company listed below
exercised their vested Performance Share Plan nil cost options
(i.e. no exercise price is payable when the options are exercised)
pursuant to the Rules of the Performance Share Plan 2012. The
awards vested between 11 June 2014 and 11 June 2017 and were
subject to achievement of the following performance conditions
measured over a three year performance period:
-- 50% of the award will vest by reference to the Company's
Total Shareholder Return over the performance period ranking
relative to a Comparator Group of Real Estate Investment Trusts
approved by the Remuneration Committee; and
-- 50% of the award will vest by reference to the Company's EPRA
Net Asset Value per share growth from investing in the Company over
the performance period ranking relative to the same Comparator
Group.
No consideration is due on these options upon exercise.
Name Director/ Number of Number of Number of Number of Number of Total shares Shares sold Shares
PDMR shares shares shares shares shares awarded and to cover tax retained
awarded on awarded on awarded on awarded on awarded exercisable and National by
PSP 1 award PSP 2 award PSP 3 award PSP 4 award attributable including Insurance individual
9 July 2012 9 July 2012 28 March 10 April to dividends shares Contributions
and and 2013 and 2014 and payable over attributable and dealing
exercisable exercisable exercisable exercisable the period to dividends costs at a
from grant share
to exercise price of
135.15p
-------- ---------- ----------- ----------- ----------- ----------- ------------ ------------ ------------- ----------
Morgan
Jones Director 218,694 194,395 86,907 47,074 121,087 668,157 316,707 351,450
-------- ---------- ----------- ----------- ----------- ----------- ------------ ------------ ------------- ----------
Ian
Richard
Watson Director 218,694 194,395 86,907 47,074 121,087 668,157 316,707 351,450
-------- ---------- ----------- ----------- ----------- ----------- ------------ ------------ ------------- ----------
Richard
Philip
Lowes Director 142,152 126,357 55,005 29,775 78,237 431,526 204,544 226,982
-------- ---------- ----------- ----------- ----------- ----------- ------------ ------------ ------------- ----------
The notification below, which has been made in accordance with
the requirements of the EU Market Abuse Regulation, provides
further detail.
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 Ian Watson
--- --------------------------- ------------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer - Director
--- --------------------------- ------------------------------------------------------------------------------------
b) Initial Initial Notification
notification/Amendment
--- --------------------------- ------------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- --------------------------- ------------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- --------------------------- ------------------------------------------------------------------------------------
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 GBP0.10 each in the capital of Hansteen Holdings PLC
financial instrument, type GB00B0PPFY88
of instrument
Identification code
--- --------------------------- ------------------------------------------------------------------------------------
b) Nature of transaction 1. Exercise of options over 668,157 Ordinary Shares pursuant to Hansteen Holdings
PLC Performance
Share Plan 2012
2. Sale of 316,707 shares to cover tax, NI contribution and dealing costs. The
balance of
351,450 shares retained.
--- --------------------------- ------------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--- --------------------------- --------------------------- -------------------------------------------------------
1. nil 1. 668,157
------------------------------- --------------------------- -------------------------------------------------------
2. 135.15p 2. 316,707
------------------------------- --------------------------- -------------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
--- --------------------------- --------------------------- --------------------------- --------------------------
1 nil 1 668,157 1 nil
--- --------------------------- --------------------------- --------------------------- --------------------------
2 135.15p 2 316,707 2 GBP428,029.51
------------------------------- --------------------------- --------------------------- --------------------------
e) Date of the transaction 16 October 2017
--- --------------------------- ------------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- --------------------------- ------------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- -----------------------------------------------------------------------------------------------------------------
a) Name Morgan Jones
--- --------------------------- ------------------------------------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer - Director
--- --------------------------- ------------------------------------------------------------------------------------
b) Initial Initial Notification
notification/Amendment
--- --------------------------- ------------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- --------------------------- ------------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- --------------------------- ------------------------------------------------------------------------------------
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 GBP0.10 each in the capital of Hansteen Holdings PLC
financial instrument, type GB00B0PPFY88
of instrument
Identification code
--- --------------------------- ------------------------------------------------------------------------------------
b) Nature of transaction 1 Exercise of options over 668,157 Ordinary Shares pursuant to Hansteen Holdings PLC
Performance
Share Plan 2012
2 Sale of 316,707 shares to cover tax, NI contribution and dealing costs. The
balance of 351,450
shares retained.
--- --------------------------- ------------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--- --------------------------- --------------------------- -------------------------------------------------------
1. nil 1. 668,157
------------------------------- --------------------------- -------------------------------------------------------
2. 135.15p 2. 316,707
------------------------------- --------------------------- -------------------------------------------------------
d) Aggregated information Price Volume Total
- Aggregated volume
- Price
--- --------------------------- --------------------------- --------------------------- --------------------------
1 nil 1 668,157 1 nil
--- --------------------------- --------------------------- --------------------------- --------------------------
2 135.15p 2 316,707 2 GBP428,029.51
------------------------------- --------------------------- --------------------------- --------------------------
e) Date of the transaction 16 October 2017
--- --------------------------- ------------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
--- --------------------------- ------------------------------------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
--- ---------------------------------------------------------------------------------------------------------------
a) Name Richard Lowes
--- --------------------------- ----------------------------------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------------------------------------
a) Position/status Finance Director
--- --------------------------- ----------------------------------------------------------------------------------
b) Initial Initial Notification
notification/Amendment
--- --------------------------- ----------------------------------------------------------------------------------
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------------------------------------------------
a) Name Hansteen Holdings PLC
--- --------------------------- ----------------------------------------------------------------------------------
b) LEI 2138007274QQL9KBWY58
--- --------------------------- ----------------------------------------------------------------------------------
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 GBP0.10 each in the capital of Hansteen Holdings PLC
financial instrument, type GB00B0PPFY88
of instrument
Identification code
--- --------------------------- ----------------------------------------------------------------------------------
b) Nature of transaction 1 Exercise of options over 431,526 Ordinary Shares pursuant to Hansteen Holdings
PLC Performance
Share Plan 2012
2 Sale of 204,544 shares to cover tax, NI contribution and dealing costs. The
balance of 226,982
shares retained.
--- --------------------------- ----------------------------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
--- --------------------------- -------------------------- ------------------------------------------------------
1. nil 1. 431,526
------------------------------ -------------------------- ------------------------------------------------------
2. 135.15p 2. 204,544
------------------------------ -------------------------- ------------------------------------------------------
d) Aggregated information Price Volume Price
- Aggregated volume
- Price
--- --------------------------- -------------------------- -------------------------- --------------------------
1 nil 1 431,526 1 nil
--- -------------------------- -------------------------- -------------------------- --------------------------
2 135.15p 2 204,544 2 GBP276,441.22
------------------------------ -------------------------- -------------------------- --------------------------
e) Date of the transaction 16 October 2017
---- -------------------------- ----------------------------------------------------------------------------------
f) Place of the transaction London Stock Exchange
---- -------------------------- ----------------------------------------------------------------------------------
For further information:
Karen Rowe
Capita Company Secretarial Services Limited
+44 (0)20 7954 9569
This information is provided by RNS
The company news service from the London Stock Exchange
END
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