DAILY MAIL AND GENERAL TRUST PLC Director/PDMR Shareholding
Transparency directive : regulatory news
23/11/2021 15:42
|
Daily Mail and General Trust plc (DMGT)
Director/PDMR Shareholding
23-Nov-2021 / 14:42 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
The Company today confirms long term awards under the DMGT Long Term Executive Incentive Plan 2017 (the "2017 LTIP") as outlined in our Remuneration Policy and in the Company's 2021 Annual Report.
The outcome will be delivered in A Ordinary non-voting shares upon vesting at the end of FY 2024, subject to the rules of the 2017 LTIP, including leaver provisions, Company event provisions and cash settlement provisions. The number of shares subject to the awards was calculated by reference to a share price of £10.97 (the average share price for the first 3 days following the release of FY 2021 results).
|
1
|
Details of the person discharging managerial responsibilities/person closely associated
|
|
a)
|
Name
|
Ravinder Chandhok
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
Chief Technology Officer
|
|
b)
|
Initial notification/Amendment
|
Initial notification
|
|
3
|
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a)
|
Name
|
Daily Mail and General Trust plc
|
|
b)
|
LEI
|
4OFD47D73QFJ1T1MOF29
|
|
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
|
A Ordinary Non-Voting Shares of 12.5 pence each
GB00BJQZC279
|
|
b)
|
Nature of the transaction
|
Grant of award under the Daily Mail and General Trust Long Term Incentive Plan 2017 (the "Plan"). The Award is subject to continued service, the value of which will be delivered in A Ordinary non-voting shares upon vesting (subject to the rules of the Plan, including leaver provisions, Company event provisions and cash settlement provisions) calculated by reference to the share price as at the start of the performance period of £10.97.
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£0
|
81,819 shares.
|
|
|
d)
|
Aggregated information
|
-
|
Aggregated volume
|
|
-
|
Price
|
|
Not applicable, single transaction.
|
|
e)
|
Date of the transaction
|
23 November 2021
|
|
f)
|
Place of the transaction
|
London Stock Exchange (XLON)
|
Name of officer responsible for making notification: Fran Sallas, Company Secretary DMGT, 0203 615 2904
|
|
|
| ISIN: |
GB00BJQZC279 |
| Category Code: |
DSH |
| TIDM: |
DMGT |
| LEI Code: |
4OFD47D73QFJ1T1MOF29 |
| OAM Categories: |
3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: |
127515 |
| EQS News ID: |
1251461 |
| |
| End of Announcement |
EQS News Service |
