RNS Announcement
Notification and public disclosure of LTIP Awards to Directors and Persons Discharging Managerial Responsibilities ("PDMR")
27 February 2018
McBride plc confirms that awards of shares have vested under the terms of the McBride plc 2014 Long Term Incentive Plan (the Plan) to Directors as set out below.
The awards were vested at the end of a three-year period in accordance with the achievement of performance targets set out in the Plan, and will not require any payment from the individuals. The awards represent the net number of shares due after the addition of dividend shares and the appropriate tax and sale fees were taken into account.
|
Name |
Status |
No. of shares subject to vesting
|
No. of shares sold to cover taxes and fees |
No. of shares retained net of taxes and fees |
|
Rik De Vos Chief Executive Officer
|
Director |
206,054 |
69,167 |
136,887 |
|
Chris Smith Chief Finance Officer
|
Director |
154,540 |
72,779 |
81,761 |
These awards were satisfied by the transfer of 360,594 treasury shares. Following this, the number of ordinary shares of 10 pence each with voting rights is 182,569,903.
Following the awards, total holding and interests of the Directors in ordinary shares in McBride plc are:
|
Name |
Total holdings of ordinary shares |
Percentage of current issued share capital (excluding treasury shares) |
Total interest in ordinary shares |
|
Rik De Vos |
176,887 |
0.097% |
960,031 |
|
Chris Smith |
122,772 |
0.067% |
585,504 |
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") |
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|
a) |
Name
|
Rik De Vos |
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|
2. |
Reason for the notification |
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|
b) |
Position/Status |
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 Long Term Incentive Plan as a conditional award of shares.
|
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|
c) |
Price(s) and volume(s)
|
|
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|
d) |
Aggregated information Aggregated volume Price
|
As above |
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|
e) |
Date of the transaction
|
23 February 2018
|
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|
f) |
Place of transaction
|
Outside of a trading venue |
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|
1. |
Details of the Persons Discharging Managerial Responsibilities ("PDMR")/Relevant Employees/Person Closely Associated ("PCA") |
|||||||
|
a) |
Name
|
Chris Smith |
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|
2. |
Reason for the notification |
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|
b) |
Position/Status |
Chief Financial 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 |
|||||||
|
a) |
Name |
McBride plc |
||||||
|
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 |
|||||||
|
a) |
Description of the financial instrument, type of instrument
Identification Code
|
Ordinary shares of 10p each
GB0005746358
|
||||||
|
b) |
Nature of the transaction
|
Vesting of an award under the Company's Long Term Incentive Plan as a conditional award of shares.
|
||||||
|
c) |
Price(s) and volume(s)
|
|
||||||
|
d) |
Aggregated information Aggregated volume Price
|
As above |
||||||
|
e) |
Date of the transaction
|
23 February 2018
|
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|
f) |
Place of transaction
|
Outside of a trading venue |
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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
|
Harriet Smith |
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|
2. |
Reason for the notification |
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|
b) |
Position/Status |
PCA of Chris Smith, Chief Financial 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 |
|||||
|
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
|
Vesting of an award under the Company's Long Term Incentive Plan as a conditional award of shares.
|
||||
|
c) |
Price(s) and volume(s)
|
*20,000 shares allocated from Chris Smith vesting.
|
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|
d) |
Aggregated information Aggregated volume Price
|
As above |
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|
e) |
Date of the transaction
|
23 February 2018
|
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|
f) |
Place of transaction
|
Outside of a trading venue |
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