RM PLC Director/PDMR Shareholding (1999T)
March 23 2021 - 6:21AM
UK Regulatory
TIDMRM.
RNS Number : 1999T
RM PLC
23 March 2021
Tuesday, March 23, 2021
RM plc
Director/PDMR Performance Share Plan Awards
In accordance with DTR 3.1.4 R(1)(a), RM plc announces that, on
22 March 2021, options were granted for nil consideration over the
following numbers of ordinary shares of 2 2/7pence each in the
Company under the RM Performance Share Plan 2019:
Director/PDMR Shares Comprised in Awards
Neil
Martin 250,000
---------------------------
Monique Louis 100,000
---------------------------
John
Baskerville 100,000
---------------------------
The options are exercisable in the period 25 March 2024 to 22
March 2031 at an exercise price of GBP0.00 per share. It is
anticipated that option exercises will be satisfied by the transfer
of shares from the Company's employee benefit trust.
Vesting of the award and the receipt of shares will be based on
the following criteria:
(1) One hundred percent (100%) of the award will be based on the
Company's relative TSR performance measured from the average of the
Index during January and February 2021 to the average of the Index
during January and February 2024. The Company's TSR performance
shall be measured against the TSR performance of the companies
(Comparator Group) within the FTSE Small Cap (ex IT) Index over the
above period and must be at least at the median of a ranking of the
TSR of each of the members of the Comparator Group. Vesting will
occur on a sliding scale between median (25%) and upper quartile
(100%).
No award can vest before 25 March 2024. Contact:
RM 08450
plc 700300
Mark Lágler Company
Secretary
Notes:
1. The RM Performance Share Plan 2019 was approved by
shareholders at the Company's AGM held on 27 March 2019.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHDKNBBDBKDKNB
(END) Dow Jones Newswires
March 23, 2021 07:21 ET (11:21 GMT)
Rm (LSE:RM.)
Historical Stock Chart
From Mar 2024 to Apr 2024
Rm (LSE:RM.)
Historical Stock Chart
From Apr 2023 to Apr 2024