Director/PDMR Shareholding

RNS Number : 5817O
Future PLC
01 June 2020
 

The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relate to the issuance of an award under the terms of the Future plc Performance Share Plan ("PSP").  This announcement is made in accordance with article 19.3 of MAR.

 

The PSP Award will vest three years from the date of grant, at no cost to the participant, in accordance with the rules of the PSP provided that the participant remains in employment of the Group at the vesting date and subject to performance targets having been met. Vesting of the PSP Award is subject to both EPS and Absolute TSR performance conditions. The number of shares shown below represents the potential maximum if all the performance conditions are achieved in full. 

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Rachel Addison

2

Reason for the notification

a)

Position/status

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

Future plc

b)

LEI

 

213800K2581YRLEXV353

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 15p each

 

GB00BYZN9041 

b)

Nature of the transaction

Grant of share awards under the PSP.  Subject to achievement of performance conditions, the award will vest on 31 May 2023.

c)

 

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

17,222

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

17,222

 

Nil

e)

Date of the transaction

1 June 2020

f)

Place of the transaction

Outside a trading venue

 

 

Tim Maw

Company Secretary

(Responsible for releasing this announcement)

1 June 2020


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END
 
 
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Companies

Future (FUTR)
UK 100

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