STHREE (FRA:GB00B0KM) SThree: Director/PDMR Shareholding
Transparency directive : regulatory news
23/02/2022 17:00
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SThree (STEM)
SThree: Director/PDMR Shareholding
23-Feb-2022 / 16:00 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
SThree plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMRs") and persons closely associated with them
SThree plc (the 'Company') announces that performance share awards under the Long Term Incentive Plan ("LTIP") were granted on 22 February 2022, for no consideration, to the PDMRs detailed below:
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PDMR
|
Position
|
Number of Shares awarded under the LTIP
|
|
Timo Lehne
|
Interim Chief Executive
|
133,630
|
|
Andrew Beach
|
Chief Financial Officer
|
117,886
|
The awards will vest three years after grant date, subject to the performance conditions being met.
Performance targets and target ranges are set out as follows:
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LTIP targets
|
EPS
|
TSR vs. peer group
|
Strategic
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ESG
|
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2022-2024
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2024 EPS to be between 51.9p (25% vesting) and 63.0p (100% vesting)
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2022-2024 performance between median (25% vesting) and upper quartile (100% vesting)
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2024 adjusted operating profit conversion ratio between 19% (25% vesting) and 23% (100% vesting)
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Three targets in relation to:
- Positively impacting lives
- Increasing our renewables business
- Carbon reduction
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|
LTIP weighting
|
50%
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20%
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20%
|
10% (3.3% for each measure)
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The relevant notifications are set out below.
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1. Details of the person discharging managerial responsibilities / person closely associated
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a) Names
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Timo Lehne
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2. Reason for the notification
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a) Position/status
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Director and Interim Chief Executive
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b) Initial notification /Amendment
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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
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SThree plc
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b) LEI
|
2138003NEBX5VRP3EX50
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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
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Ordinary shares of 1p
GB00B0KM9T71
|
|
b) Nature of the transaction
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A performance share award granted under the SThree plc Long Term Incentive Plan
|
|
c) Price(s) and volume(s)
|
Price
£Nil
|
Volume(s)
133,630
|
|
d) Aggregated information
- Aggregated volume
- Price
|
133,630
£Nil
|
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e) Date of the transaction
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22/02/2022
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f) Place of the transaction
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Off market
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1. Details of the person discharging managerial responsibilities / person closely associated
|
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a) Names
|
Andrew Beach
|
|
2. Reason for the notification
|
|
a) Position/status
|
Director and Chief Financial Officer
|
|
b) Initial notification /Amendment
|
Initial notification
|
|
3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
|
|
a) Name
|
SThree plc
|
|
b) LEI
|
2138003NEBX5VRP3EX50
|
|
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 1p
GB00B0KM9T71
|
|
b) Nature of the transaction
|
A performance share award granted under the SThree plc Long Term Incentive Plan
|
|
c) Price(s) and volume(s)
|
Price
£Nil
|
Volume(s)
117,886
|
|
d) Aggregated information
- Aggregated volume
- Price
|
117,886
£Nil
|
|
e) Date of the transaction
|
22/02/2022
|
|
f) Place of the transaction
|
Off market
|
Enquiries:
Bill Warner
Deputy Company Secretary
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|
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| ISIN: |
GB00B0KM9T71 |
| Category Code: |
DSH |
| TIDM: |
STEM |
| LEI Code: |
2138003NEBX5VRP3EX50 |
| OAM Categories: |
3.1. Additional regulated information required to be disclosed under the laws of a Member State |
| Sequence No.: |
144946 |
| EQS News ID: |
1286957 |
| |
| End of Announcement |
EQS News Service |
