Telecom Plus PLC Director/PDMR Shareholding (5398B)
April 04 2017 - 5:49AM
UK Regulatory
TIDMTEP
RNS Number : 5398B
Telecom Plus PLC
04 April 2017
Telecom Plus PLC (the "Company")
Notification and public disclosure by directors/persons
discharging managerial responsibilities and persons closely
associated with them
Telecom Plus PLC announces that Andrew Lindsay, Chief Executive
Officer, and Nick Schoenfeld, Chief Financial Officer, have today
each acquired 30,000 B1 ordinary shares ("B1 Shares") in the
capital of Utility Warehouse Limited, a subsidiary of the Company,
at a price of GBP0.02 per B1 Share. These B1 Shares were issued to
Mr Lindsay and Mr Schoenfeld pursuant to the group's LTIP 2016, the
new long term incentive plan adopted by the group following
approval by shareholders at the Company's Annual General Meeting on
22 July 2016.
Mr Lindsay has today waived his rights to options he previously
held over 300,000 ordinary shares at an exercise price of 1337p per
share, vesting in three tranches between 1 July 2017 and 1 July
2021. Mr Schoenfeld has today waived his rights to options he
previously held over 300,000 ordinary shares at an exercise price
of 985p per share, vesting in five tranches between 13 July 2018
and 13 July 2022.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further details.
In addition to their holding of B1 Shares, Mr Lindsay and Mr
Schoenfeld currently hold interests in 382,674 and 6,250 ordinary
shares of the Company respectively, and each have a total of 1,701
ordinary shares under option pursuant to the Company's Save As You
Earn Share Option Plan.
1 Details of the person discharging managerial
responsibilities/person closely associated
---- -------------------------------------------------------------------
a) Name: Andrew Lindsay
---- ---------------------------------- -------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------
a) Position/Status: Chief Executive Officer
---- ---------------------------------- -------------------------------
b) Initial Notification/Amendment: Initial Notification
---- ---------------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participation, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------------
a) Name: Telecom Plus PLC
---- ---------------------------------- -------------------------------
b) LEI: 549300QGHDX5UKE58G86
---- ---------------------------------- -------------------------------
4. Details of 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 B1 ordinary shares of
financial instrument: GBP0.02 in the capital
of Utility Warehouse
Identification code: Limited
ISIN GB0008794710
---- ---------------------------------- -------------------------------
b) Nature of the transaction: Issue of shares exchangeable
for ordinary shares of
Telecom Plus PLC
---- ---------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---- ---------------------------------- -------------- ---------------
2p 30,000
--------------------------------------- -------------- ---------------
d) Aggregated price(s) Price(s) Volume(s)
and volume(s):
---- ---------------------------------- -------------- ---------------
2p 30,000
--------------------------------------- -------------- ---------------
e) Date of the Transaction: 4 April 2017
---- ---------------------------------- -------------------------------
f) Place of the Transaction: Outside a trading venue
---- ---------------------------------- -------------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
---- -------------------------------------------------------------------
a) Name: Nick Schoenfeld
---- ---------------------------------- -------------------------------
2 Reason for the notification
---- -------------------------------------------------------------------
a) Position/Status: Chief Financial Officer
---- ---------------------------------- -------------------------------
b) Initial Notification/Amendment: Initial Notification
---- ---------------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participation, auction platform, auctioneer
or auction monitor
---- -------------------------------------------------------------------
a) Name: Telecom Plus PLC
---- ---------------------------------- -------------------------------
b) LEI: 549300QGHDX5UKE58G86
---- ---------------------------------- -------------------------------
4. Details of 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 B1 ordinary shares of
financial instrument: GBP0.02 in the capital
of Utility Warehouse
Identification code: Limited
ISIN GB0008794710
---- ---------------------------------- -------------------------------
b) Nature of the transaction: Issue of shares exchangeable
for ordinary shares of
Telecom Plus PLC
---- ---------------------------------- -------------------------------
c) Price(s) and volume(s): Price(s) Volume(s)
---- ---------------------------------- -------------- ---------------
2p 30,000
--------------------------------------- -------------- ---------------
d) Aggregated price(s) Price(s) Volume(s)
and volume(s):
---- ---------------------------------- -------------- ---------------
2p 30,000
--------------------------------------- -------------- ---------------
e) Date of the Transaction: 4 April 2017
---- ---------------------------------- -------------------------------
f) Place of the Transaction: Outside a trading venue
---- ---------------------------------- -------------------------------
For further information, please contact:
Telecom Plus PLC
David Baxter
Tel. (020) 8955 5000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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