Director/PDMR Shareholding

RNS Number : 8640Q
Phoenix Group Holdings
02 December 2016
 

 

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

The PDMR below was granted an award under the Long Term Incentive Plan  ("LTIP") in 2013 over Ordinary Shares of €0.0001 each fully paid in the Company.   The 2013 LTIP has now vested and participants are now able to exercise.  The transacation disclosed below provides details on the total number of shares exercised and the number of shares sold to cover income tax and National Insurance.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Clive Bannister

 

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Group Chief Executive

b)

 

Initial notification /Amendment

 

 

Initial Notification

3

 

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

 

a)

 

Name

 

 

Phoenix Group Holdings

b)

 

LEI

 

 

21380031B1D56JRCE375

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

 

 

 

Phoenix Group Holdings Ordinary Shares of €0.0001

 

KYG7091M1096

 

b)

 

Nature of the transaction

 

 

Exercise of Awards under the Phoenix Group's Long Term Incentive Plan - Acquisition and Sale

  

c)

 

Price(s) and volume(s)

 

 

 

Acquisition of shares on exercise of share award

Sale of shares to satisfy income tax and NICs liability

158,439

(Nil)

66,726

(£7.08)

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

See 4 c) above

 

 

See 4 c) above

 

e)

 

Date of the transaction

 

 

1 December 2016

f)

 

Place of the transaction

 

 

London

 


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