RNS Announcement
Notification and public disclosure of settlement of DBP Award to a Director.
12 September 2019
McBride plc confirms a share related award has vested under the terms of the McBride plc 2012 Deferred Annual Bonus Plan (the DBP) to Chris Smith, Interim Chief Executive Officer.
The award vested at the end of a three-year period and reflected the proportion of the 2016 annual bonus deferred as agreed by the Remuneration Committee at that time. The award was settled in shares.
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Name |
Status |
No. of shares subject to vesting
|
|
Chris Smith Interim Chief Executive Officer
|
Director |
42,857 |
Following the award, the total holding and interests of Chris Smith in ordinary shares in 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% |
413,521 |
This announcement and the following disclosures are made in accordance with Article 19 of the EU Market Abuse Regulation.
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1. |
Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA") |
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a) |
Name
|
Chris Smith |
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2. |
Reason for the notification |
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b) |
Position/Status |
Interim Chief Executive Officer
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c) |
Initial notification/amendment
|
Initial Notification
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
McBride plc |
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b) |
LEI |
213800HX7FMPA2CIEF02 |
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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 |
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a) |
Description of the financial instrument, type of instrument
Identification Code
|
Ordinary shares of 10p each
GB0005746358
|
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b) |
Nature of the transaction
|
Vesting of an award under the Company's Deferred Annual Bonus Plan as a conditional award of shares and immediate disposal of a number of such shares.
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c) |
Price(s) and volume(s)
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|
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d) |
Aggregated information Aggregated volume Price
|
As above |
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e) |
Date of the transaction
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10 September 2019
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f) |
Place of transaction
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In respect of the settlement outside of a trading venue. In respect of the sales on the London Stock Exchange. |
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