Director/PDMR Shareholding

RNS Number : 5019D
Crest Nicholson Holdings PLC
26 June 2019
 

Crest Nicholson Holdings plc

Director/PDMR Shareholding

 

In accordance with the notification obligations under Article 19.3 of the Market Abuse Regulation, Crest Nicholson Holdings plc (the "Company") announces the following transactions by certain Directors of the Company and other Persons Discharging Managerial Responsibility ("PDMRs") under the Crest Nicholson Holdings plc Long-Term Incentive Plan (the "LTIP").

 

The following Directors and PDMRs have been granted awards over 278,558 Ordinary Shares of 5 pence each in the Company (the "LTIP Awards") on 21 June 2019:

 

Director/PDMR

Number of shares over which award granted

Duncan Cooper*

141,389

Tom Nicholson

137,169

*Denotes an Executive Director of the Company

 

Subject to performance conditions in respect of earnings per share ("EPS"), return on capital employed ("ROCE"), earnings before interest and taxes margin ("EBIT Margin") and certain other conditions in respect of service and conduct, the LTIP Awards will vest on 21 June 2022. The performance measures are the same as the LTIP Awards made to the Directors and PDMRs in April 2019.

 

Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.

 

a)

Name

Duncan Cooper 

2

 

Reason for the notification

a)

Position/status

Group Finance Director

b)

Initial notification/ Amendment

Initial notification

3

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

a)

Name

Crest Nicholson Holdings plc

b)

LEI

213800ROIFXRRRKVQD25

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 £0.05

 

 

GB00B8VZXT93

b)

Nature of the transaction

Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ("LTIP").

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

LTIP

Nil

141,389

d)

Aggregated information

- Aggregated volume

- Price

Price(s)    

 

GBP Nil

 

Volume(s)

 

141,389

e)

Date of the transaction

2019-06-21

f)

Place of the transaction

Outside a trading venue

 

Notification and public disclosure of transactions by persons discharging managerial responsibility and persons closely associated with them.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Tom Nicholson

2

 

Reason for the notification

a)

Position/status

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

Crest Nicholson Holdings plc

b)

LEI

213800ROIFXRRRKVQD25

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 £0.05

 

 

GB00B8VZXT93

b)

Nature of the transaction

Grant of share award over Ordinary Shares under the Crest Nicholson Holdings plc Long Term Incentive Plan ("LTIP").

c)

Price(s) and volume(s)

      

 

Price(s)

Volume(s)

LTIP

Nil

137,169

d)

Aggregated information

- Aggregated volume

- Price

Price(s)    

 

GBP Nil

 

 

Volume(s)

 

137,169

e)

Date of the transaction

2019-06-21

f)

Place of the transaction

Outside a trading venue

 

 

For further information please contact:

Kevin Maguire

Company Secretary                                                        +44 (0) 1932 580 555

26 June 2019


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