Director/PDMR Shareholding

RNS Number : 5587J

Fisher (James) & Sons plc

14 April 2020

 

JAMES FISHER AND SONS PLC

Notification of Directors' Interest in Shares

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.

Vesting of Award

The Company was notified on 9 April 2020 that Stuart Kilpatrick, the Group Finance Director, had increased his holdings of Ordinary Shares of 25p each in the Company ('Ordinary Shares') through the vesting of awards made in March 2017 under the Company's Long-Term Incentive Plan (the 'Plan').

On 6 April 2020, in accordance with the Plan rules, 14,334 Ordinary Shares vested.  On 9 April 2020, an aggregate of 6,737 Ordinary Shares were sold at a price of 1357.00 pence per share to fund the tax liability resulting from the vesting.

Following this transaction, Stuart Kilpatrick's beneficial interest in the Company's issued ordinary share capital is as follows:

	Number of Ordinary Shares vested	Number of Ordinary Shares sold	Number of Ordinary Shares retained	Beneficial Interest in Ordinary Shares following vesting and sale	Percentage of Issued Ordinary Share Capital following vesting and sale
Stuart Kilpatrick	14,334	6,737	7,597	58,294	0.1%

Details of the full notifications received by the Company are set out below.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Stuart Charles Kilpatrick
2	Reason for Notification
a)	Position/status	Group Finance Director
b)	Initial notification/Amendment	Initial Announcement
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	James Fisher and Sons plc
b)	LEI	213800J975E5OYR6S216
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 25 pence each in James Fisher and Sons plc GB0003395000
b)	Nature of the transaction	Vesting of a restricted share award made on 9 March 2017 under the James Fisher and Sons plc Long-Term Incentive Plan.
c)	Price(s) and volume(s)	Price(s) Volume(s) NIL 7,597
d)	Aggregated information -  Aggregated volume -  Price	7,597 Nil
e)	Date of the transaction	9 April 2020
f)	Place of the transaction	Outside a trading venue

 

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