RNS Announcement
Notification and public disclosure of LTIP Awards to an Executive Director and Persons Discharging Managerial Responsibilities ("PDMR")
8 October 2019
McBride plc confirms that an allocation was granted under the terms of the McBride plc 2014 Long Term Incentive Plan (the Plan) to an Executive Director and a PDMR as set out below. The awards were granted on 7 October 2019 and will vest at the end of a three-year period dependent upon the achievement of performance targets. The awards will not require any payment from the individuals.
|
Name |
Status |
No. of shares subject to allocation
|
|
Chris Smith Interim Chief Executive Officer
|
Executive Director |
585,870 |
|
Henrik Aagaard Chief Commercial Officer |
PDMR |
224,379 |
Following this award, the total holding and interests of the Executive Director in ordinary shares of McBride plc is:
|
Name |
Total holdings of ordinary shares |
Percentage of current issued share capital (excluding treasury shares) |
Interest in ordinary shares |
|
Chris Smith |
326,714 |
0.179% |
999,391 |
This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.
|
1. |
Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA") |
|||||
|
a) |
Name
|
Chris Smith |
||||
|
2. |
Reason for the notification |
|||||
|
b) |
Position/Status |
Interim Chief Executive Officer
|
||||
|
c) |
Initial notification/amendment
|
Initial Notification
|
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
McBride plc |
||||
|
b) |
LEI |
213800HX7FMPA2CIEF02 |
||||
|
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 instrument, type of instrument
Identification Code
|
Ordinary shares of 10p each
GB0005746358
|
||||
|
b) |
Nature of the transaction
|
Grant under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information Aggregated volume Price
|
As above |
||||
|
e) |
Date of the transaction
|
7 October 2019
|
||||
|
f) |
Place of transaction
|
Outside of a trading venue |
||||
|
1. |
Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA") |
|||||
|
a) |
Name
|
Henrik Aagaard |
||||
|
2. |
Reason for the notification |
|||||
|
b) |
Position/Status |
Chief Commercial Officer |
||||
|
c) |
Initial notification/amendment
|
Initial Notification
|
||||
|
3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||
|
a) |
Name |
McBride plc |
||||
|
b) |
LEI |
213800HX7FMPA2CIEF02 |
||||
|
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 instrument, type of instrument
Identification Code
|
Ordinary shares of 10p each
GB0005746358
|
||||
|
b) |
Nature of the transaction
|
Grant under the Company's Long Term Incentive Plan as a conditional award of shares. Subject to continued service, normally vests after 3 years.
|
||||
|
c) |
Price(s) and volume(s)
|
|
||||
|
d) |
Aggregated information Aggregated volume Price
|
As above |
||||
|
e) |
Date of the transaction
|
7 October 2019
|
||||
|
f) |
Place of transaction
|
Outside of a trading venue |
||||