UBM plc Director/PDMR Shareholding
May 25 2017 - 6:34AM
UK Regulatory
TIDMUBM
UBM plc
Notification of Transactions of Persons Discharging Managerial Responsibility
On 24 May 2017, UBM plc ("UBM" or the "Company") was notified of the following
transaction in its ordinary shares of 11.25p each ("Shares") by Directors of
UBM.
On 24 May 2017, in accordance with the Company's Performance Share Plan, the
Directors listed in the table below were awarded an interest in further Shares
following the grant of an award of Nil Cost Options over the Company's Shares.
The number of Shares awarded was calculated by reference to a price of GBP7.069,
being the average of the Company's middle market closing price for a Share for
the five consecutive dealing days commencing on 17 May 2017.
The Directors will become entitled to receive the Shares after a period of
three years, subject to continued employment with UBM and to the achievement of
a number of performance conditions relating to growth in Earnings per Share;
Return on Average Capital Employed; relative Total Shareholder Return; and
Total Group Revenue. The number of Shares shown below represents the maximum
that may be acquired if all performance conditions are achieved in full.
Name of director No. of Options
Tim Cobbold 163,428
Marina Wyatt 97,874
Enquiries to:
Nigel Youds, Deputy Group Company Secretary
UBM plc
Tel: +44 (0) 20 921 5000
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Tim Cobbold
2 Reason for the notification
a) Position/status PDMR (Chief Executive Officer)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name UBM plc
b) LEI 213800KLMH5SP3247C87
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 financial Ordinary 11.25p shares
instrument, type of instrument
Identification code ISIN: JE00BD9WR069
b) Nature of the transaction Award of Nil Cost Options under the
Company's Performance Shares Plan.
Subject to continued employment and
achievement of performance
conditions, the Options will become
exercisable on 24 May 2020 and
remain so until 23 May 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 163,428
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 24 May 2017
f) Place of the transaction London
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name Marina Wyatt
2 Reason for the notification
a) Position/status PDMR (Chief Financial Officer)
b) Initial notification/Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name UBM plc
b) LEI 213800KLMH5SP3247C87
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 financial Ordinary 11.25p shares
instrument, type of instrument
Identification code ISIN: JE00BD9WR069
b) Nature of the transaction Award of Nil Cost Options under the
Company's Performance Shares Plan.
Subject to continued employment and
achievement of performance
conditions, the Options will become
exercisable on 24 May 2020 and remain
so until 23 May 2027.
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 97,874
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 24 May 2017
f) Place of the transaction London
=-ENDS--
END
(END) Dow Jones Newswires
May 25, 2017 07:34 ET (11:34 GMT)
UBM (LSE:UBM)
Historical Stock Chart
From Apr 2024 to May 2024
UBM (LSE:UBM)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about UBM (London Stock Exchange): 0 recent articles
More UBM News Articles