NVA Novae Grp

 
TIDMNVA 
 
 
   16 March 2016                                                                   For immediate release 
 
 
   Novae Group plc 
 
   Director / PDMR shareholding 
 
   Long Term Incentive Plan Awards 
 
   Novae Group plc ("the Company") has made conditional awards on 15 March 
2016 under its Long Term Incentive Plan ("LTIP") to the executive 
directors and certain persons discharging managerial responsibilities 
("PDMRs"), over a total of 285,171 ordinary shares in the Company 
("Share(s)"). The market value of a Share for the purpose of the awards 
made on 15 March 2016 was GBP8.44, being the average market price of a 
Share over the five dealing days prior to the award. 
 
 
 
 
 
 
 
                         Number of                                                                   Percentage 
                         Shares over           Percentage               Total number of              of Issued 
                         which LTIP             of Issued              Shares over which               Share 
Director/PDMR    award made on 15 March 2016   Share class   outstanding LTIP awards have been made    class 
M Fosh                                99,087          0.15                                  332,223        0.51 
C Fry                                117,340          0.18                                  300,826        0.46 
R Patel                               68,744          0.10                                  254,574        0.39 
 
 
   Senior Employee Share Plan 
 
   The Company has made conditional awards on 15 March 2016 under its 
Senior Employee Share Plan ("SESP") to the following PDMRs, over a total 
of 105,882 Shares in the Company. The market value of a Share for the 
purpose of the awards made on 15 March 2016 was GBP8.50, being the 
average market price over the three dealing days prior to the award. 
 
 
 
 
                                                                                                                                       Percentage 
                                                                                                                                       of Issued 
          Number of Shares over which SESP award made on 15  Percentage of Issued  Total number of Shares over which outstanding SESP    Share 
PDMR                          March 2016                          Share class                     awards have been made                  class 
J 
 Butcher                                             35,294                  0.05                                              76,578        0.11 
R 
 Forster                                             70,588                  0.10                                             153,156        0.23 
 
 
   Deferred Bonus Plan 
 
   The Company has made conditional awards on 15 March 2016 under its 
Deferred Bonus Plan ("DBP") to the executive directors and PDMRs, over a 
total of 253,763 Shares in the Company.  The market value of a Share for 
the purpose of the awards made on 15 March 2016 was GBP8.50, being the 
average market price over the three dealing days prior to the award. 
 
 
 
 
                                                                                                                                                 Percentage 
                                                                                                                                                 of Issued 
                Number of Shares over which DBP award made on 15 March  Percentage of Issued  Total number of Shares over which outstanding DBP    Share 
Director/PDMR                            2016                                Share class                    awards have been made                  class 
M Fosh                                                          73,764                  0.11                                            273,508        0.42 
C Fry                                                           58,235                  0.09                                            179,442        0.27 
J Butcher                                                       35,294                  0.05                                             35,294        0.05 
R Forster                                                       35,294                  0.05                                            348,151        0.54 
R Patel                                                         51,176                  0.07                                             51,176        0.07 
 
 
   The Company's issued ordinary share capital consists of 64,425,640 
Ordinary shares of GBP1.125. 
 
   For further enquiries: 
 
   A Moon 
 
   Group Company Secretary           020 7050 9000 
 
   This announcement is distributed by NASDAQ OMX Corporate Solutions on 
behalf of NASDAQ OMX Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Novae Group plc via Globenewswire 
 
   HUG#1995086 
 
 
  http://www.novae.com/home.aspx 
 

(END) Dow Jones Newswires

March 16, 2016 11:07 ET (15:07 GMT)

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