Morrison(Wm.)Supermarkets PLC Director/PDMR Shareholding (9571L)
April 24 2018 - 8:34AM
UK Regulatory
TIDMMRW
RNS Number : 9571L
Morrison(Wm.)Supermarkets PLC
24 April 2018
24 April 2018
Wm Morrison Supermarkets plc
(the "Company")
Notification of Dealings in the Company's shares by
Directors
The Company announces the following dealings in the Company's
ordinary shares of 10p each ("Shares") undertaken by directors /
persons discharging managerial responsibility ("PDMRs").
On 23 April 2018, the release from an award granted under the
rules of the Wm Morrison Supermarkets Long Term Incentive Plan
("LTIP") on 23 April 2015 meant that David Potts and Trevor Strain
receive 660,120 and 326,176 Shares of 10 pence each in the Company
respectively.
These share awards are after settlement of income tax and
employee's national insurance contributions.
David Potts' total shareholding following this action is
1,663,001 Shares.
The Remuneration Committee took the decision to fully cash
settle the awards made to Trevor Strain, resulting in Trevor Strain
receiving this award as a cash payment and not Shares in the
Company.
The share price on release was 234.3 pence per Share.
Trevor Strain's total shareholding following this action remains
at 282,732 Shares. Trevor Strain has a further 714,299 Shares in
his Deferred Share Bonus Plans, which are not subject to
performance.
The Notification of Dealing Form can be found below.
This announcement is made in accordance with Article 19 of the
EU Market Abuse Regulation 596/2014.
Enquiries:
Andrew Kasoulis - Investor Relations 07785 343515
Julian Bailey - Media Relations 07969 061092
Notification of dealing form
1 Details of the person discharging managerial
responsibilities / person closely associated
--- -----------------------------------------------------------------
a) Name David Potts
--- --------------------- ------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Chief Executive Officer
--- --------------------- ------------------------------------------
b) Initial notification Initial notification
/Amendment
--- --------------------- ------------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- -----------------------------------------------------------------
a) Name Wm Morrison Supermarkets PLC
--- --------------------- ------------------------------------------
b) LEI 213800IN6LSRGTZSOS29
--- --------------------- ------------------------------------------
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 Ordinary 10p Shares
of the financial
instrument, ISIN: GB0006043169
type of instrument
Identification
code
--- ----------------------- ----------------------------------------
b) Nature of Release from an award granted
the transaction under the rules of the Wm Morrison
Supermarkets Long Term Incentive
Plan after settlement of income
tax and employee's national
insurance contributions
--- ----------------------- ----------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s) --------- ----------
234.3p 660,120
--------- ----------
--- ----------------------- ----------------------------------------
d) Aggregated Aggregate Aggregate Aggregate
information Price Volume Total
- Aggregated ---------- ---------- -------------
volume 234.3p 660,120 1,546,661.16
- Price ---------- ---------- -------------
--- ----------------------- ----------------------------------------
e) Date of the 23 April 2018
transaction
--- ----------------------- ----------------------------------------
f) Place of the XLON
transaction
--- ----------------------- ----------------------------------------
End
This information is provided by RNS
The company news service from the London Stock Exchange
END
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