RNS Announcement
Notification and public disclosure of LTIP Awards to Directors and Persons Discharging Managerial Responsibilities ("PDMR")
13 September 2017
McBride plc confirms that an allocation was granted under the terms of the McBride plc 2014 Long Term Incentive Plan (the Plan) to Executive Directors and persons discharging managerial responsibilities (PDMR) as set out below. The awards were granted on 11 September 2017 and the ordinary shares will vest at the end of a three-year period depending on the achievement of performance targets set out in the Plan, and will not require any payment from the individuals.
|
Name |
Status |
No. of shares subject to allocation
|
|
Rik De Vos Chief Executive Officer
|
Director |
292,249 |
|
Chris Smith Chief Finance Officer
|
Director |
164,371 |
|
Martin McGee Chief Operating Officer
|
PDMR |
50,546 |
|
Jean Charles Philippon Chief Commercial Officer
|
PDMR |
54,101 |
Following this award, total holding and interests of the Executive 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 |
40,000 |
0.022% |
1,152,154 |
|
Chris Smith |
41,011 |
0.023% |
729,596 |
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
|
Rik De Vos |
||||
|
2. |
Reason for the notification |
|||||
|
b) |
Position/Status |
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 of an award 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
|
11 September 2017
|
||||
|
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
|
Chris Smith |
||||
|
2. |
Reason for the notification |
|||||
|
b) |
Position/Status |
Chief Financial 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 of an award 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
|
11 September 2017
|
||||
|
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
|
Martin McGee |
||||
|
2. |
Reason for the notification |
|||||
|
b) |
Position/Status |
Chief Operating 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 of an award 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
|
11 September 2017 |
||||
|
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
|
Jean Charles Philippon |
||||
|
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 of an award 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
|
11 September 2017
|
||||
|
f) |
Place of transaction
|
Outside of a trading venue |
||||