Director/PDMR Shareholding

RNS Number : 9967B

C&C Group Plc

15 June 2021

 

C&C Group plc

('C&C')

2021 Long Term Incentive Plan ('LTIP') Awards

On 15 June 2021, the Company's Executive Directors were granted the following awards under the LTIP, in the form of nil cost options over €0.01 ordinary shares in the Company:

Name	Number of shares
David Forde	377,953
Patrick McMahon	230,058
Andrea Pozzi	204,910

¹   Number of shares calculated by reference to the closing share price of the day before the date of grant converted into €, being £2.352 (€2.738).

It is intended that the awards will vest subject to the satisfaction of performance metrics based on Earnings per Share, Free Cash Flow and an Environmental metric assessed across the three year performance period FY2022 - FY2024.

No award will vest until the end of the full three year assessment period, and the Executive Directors' awards will then be subject to a further two year holding period.

The details of the performance metrics are expected to be finalised by July and will be confirmed in a separate announcement when finalised and set out in the Company's Annual Report and Accounts for the period ended 28 February 2022.

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	David Forde
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities (Chief Executive Officer)
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	C&C Group plc
b)	LEI	635400LNUHA2LDXXV850
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 €0.01 each ISIN: IE00B010DT83
b)	Nature of the transaction	Grant of options under the C&C 2015 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 377,953
d)	Aggregated information - Aggregated volume - Price	Same as c)
e)	Date of the transaction	15/06/2021
f)	Place of the transaction	Outside a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Patrick McMahon
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities (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	C&C Group plc
b)	LEI	635400LNUHA2LDXXV850
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 €0.01 each ISIN: IE00B010DT83
b)	Nature of the transaction	Grant of options under the C&C 2015 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 230,058
d)	Aggregated information - Aggregated volume - Price	Same as c)
e)	Date of the transaction	15/06/2021
f)	Place of the transaction	Outside a trading venue

Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them

 This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrea Pozzi
2	Reason for the notification
a)	Position/status	Person discharging managerial responsibilities (Chief Operating Officer)
b)	Initial Notification Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	C&C Group plc
b)	LEI	635400LNUHA2LDXXV850
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 €0.01 each ISIN: IE00B010DT83
b)	Nature of the transaction	Grant of options under the C&C 2015 Long Term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 204,910
d)	Aggregated information - Aggregated volume - Price	Same as c)
e)	Date of the transaction	15/06/2021
f)	Place of the transaction	Outside a trading venue

 

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