Director/PDMR Shareholding

RNS Number : 7229N
Compass Group PLC
10 May 2018
 

 

 

LEI: 2138008M6MH9OZ6U2T68

                                                                       

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

Compass Group PLC (the "Company") announces the following changes in the interest of a Person Discharging Managerial Responsibility ("PDMR") in ordinary shares of 11 1/20 pence each in the share capital of the Company ("Shares").

 

 

Restricted Share Award (RSA) release:

 

Following satisfaction of the associated performance conditions, 10,579 RSA Shares were released to Venkatesh Shantaram, a PDMR and issued on 10 May 2018.

 

4,964 Shares were subsequently sold to cover resultant tax and social security liabilities, with a balance of 5,615 Shares being retained by Mr Shantaram.

 

Following this transaction Mr Shantaram has a shareholding of 5,615 Shares equating to 0.0004 percent of the issued share capital (excluding treasury shares).

 

The following notification has been made to the Financial Conduct Authority in accordance with the requirements of the EU Market Abuse Regulation in respect of the above:

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Venkatesh Shantaram

2

Reason for the notification

a)

Position/status

 PDMR

b)

Initial notification/
Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Compass Group PLC

b)

LEI

2138008M6MH9OZ6U2T68

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 11 1/20 pence each in Compass Group PLC ("Shares")

 

GB00BD6K4575

b)

Nature of the transaction

Release of a Restricted Share Award on 10 May 2018 and subsequent sale for tax and social security purposes

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

1

Nil

10,579

2

£15.16

4,964

 

d)

Aggregated information

Aggregated volume

 

Price

 

Total

 

 

4,964

 

£15.16

 

£75,254.24

e)

Date of the transaction

10 May 2018

f)

Place of the transaction

1)   Outside a trading venue (award release)

2)   London Stock Exchange, Main Market - XLON (sale)

 

 

ENDS

Enquiries:

Compass Group PLC

+44 (0)1932 573000

Investors/Analysts:         Mark J White, General Counsel & Company Secretary

Note to Editors: Compass Group PLC is the world's leading food service company, which generated annual revenues of £22.6 billion in the year to 30 September 2017.  It operates in around 50 countries, employs over 550,000 people and serves over 5.5 billion meals a year.  The Company specialises in providing food and a range of support services across the core sectors of Business & Industry, Healthcare & Seniors, Education, Sports & Leisure and Defence, Offshore & Remote, with an established brand portfolio.


This information is provided by RNS
The company news service from the London Stock Exchange
 
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