Director/PDMR Shareholding

RNS Number : 0988C
S4 Capital PLC
14 October 2020
 

14 October 2020

S4 CAPITAL PLC

("S4 Capital" or the "Company")

 

Notification of transactions by Persons Discharging Managerial Responsibility ("PDMRs")

 

As reported in the Company's Annual Report and Accounts 2019, in light of the Covid-19 outbreak, the Company's Nomination and Remuneration Committee agreed with the Company's management that bonuses due to them for the financial year 2019 that would normally be paid in cash, would instead be satisfied by the Company by the delivery of shares in the Company (the " Bonus Shares Arrangement ").

The Company therefore announces that on 9 October 2020 the following named PDMRs or persons closely associated with such PDMRs ("PCAs") acquired the following ordinary shares of £0.25 each in the Company ("Shares") in connection with the Bonus Shares Arrangement.

The number of Shares acquired was in each case calculated based on the amount of the bonus that would otherwise have been paid in cash and the closing share price of the Company on 20 April 2020, being 183.5 pence per share. The Shares were sourced from the Company's employee benefit trust and therefore no new Shares were issued in connection with the Bonus Shares Arrangement.

 

PDMR/PCA

Position

Shares acquired

Total beneficial holding after transfer

Sir Martin Sorrell

Executive Director

46,321

54,609,594 1

 

 Oro en Fools B.V.

 

PCA of executive directors Victor Knaap and Wesley ter Haar

92,132

35,092,132

Peter Rademaker

Executive Director

89,103

957,644

Scott Spirit

Executive Director

70,639

236,789

1Including the holding through J.M.S. Financial Services Limited (an investment vehicle of Sir Martin Sorrell).

In order to pay the tax due on the Bonus Shares Arrangement, Sir Martin Sorrell sold 20,900 Shares.  A corresponding number of Share were on the same day acquired by his ISA, such that his interest remains 51,864,861 Shares. 

The Notification of Dealing Form(s) for each PDMR can be found below. These notifications are made in accordance with the Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 


Sir Martin Sorrell

2

Reason for the notification

 

a)

Position/status

 

Executive director

b)

Initial notification/ Amendment

 

Initial

3

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

 

a)

Name

 

S4 Capital plc

b)

LEI

 

LEI 21380068SP9V65KPQN68

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

 

 

 

 

GB00BFZZM640

b)

Nature of the transaction

 

Share transfer

 

 

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£0.00

 

 

46,321

 

 

 

d)

Aggregated information

 

-  Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

 

£0.00

 

 

46,321

 

£0.00

e)

Date of the transaction

 

9 October 2020

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 



 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Oro en Fools B.V.

2

Reason for the notification

 

a)

Position/status

 

PCA of executive directors Victor Knaap and Wesley ter Haar

b)

Initial notification/ Amendment

 

Initial

3

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

 

a)

Name

 

S4 Capital plc

b)

LEI

 

LEI 21380068SP9V65KPQN68

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

 

 

 

 

GB00BFZZM640

b)

Nature of the transaction

 

Share transfer

 

 

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£0.00

 

 

92,132

 

 

 

d)

Aggregated information

 

-  Aggregated volume

 

- Price

 

 

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

 

£0.00

 

 

92,132

 

£0.00

e)

Date of the transaction

 

9 October 2020

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 

 



 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Peter Rademaker

2

Reason for the notification

 

a)

Position/status

 

Executive Director

b)

Initial notification/ Amendment

 

Initial

3

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

 

a)

Name

 

S4 Capital plc

b)

LEI

 

LEI 21380068SP9V65KPQN68

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

 

 

 

 

GB00BFZZM640

b)

Nature of the transaction

 

Share transfer

 

 

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£0.00

 

 

89,103

 

 

 

d)

Aggregated information

 

-  Aggregated volume

 

- Price

 

 

 

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

 

£0.00

 

 

89,103

 

£0.00

e)

Date of the transaction

 

9 October 2020

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Scott Spirit

2

Reason for the notification

 

a)

Position/status

 

Executive director

b)

Initial notification/ Amendment

 

Initial

3

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

 

a)

Name

 

S4 Capital plc

b)

LEI

 

LEI 21380068SP9V65KPQN68

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

 

 

 

 

GB00BFZZM640

b)

Nature of the transaction

 

Share transfer

 

 

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£0.00

 

 

70,639

 

 

 

d)

Aggregated information

 

-  Aggregated volume

 

- Price

 

 

 

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

 

£0.00

 

 

70,639

 

£0.00

e)

Date of the transaction

 

9 October 2020

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 


Sir Martin Sorrell

2

Reason for the notification

 

a)

Position/status

 

Executive director

b)

Initial notification/ Amendment

 

Initial

3

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

 

a)

Name

 

S4 Capital plc

b)

LEI

 

LEI 21380068SP9V65KPQN68

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

 

 

 

 

GB00BFZZM640

b)

Nature of the transaction

 

20,900 shares sold to cover tax (but see below)

 

 

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£3.90200

 

 

20,900

 

 

 

d)

Aggregated information

 

-  Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

 

£3.90200

 

 

20,900

 

£81,143.05

e)

Date of the transaction

 

9 October 2020

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 


Sir Martin Sorrell

2

Reason for the notification

 

a)

Position/status

 

Executive director

b)

Initial notification/ Amendment

 

Initial

3

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

 

a)

Name

 

S4 Capital plc

b)

LEI

 

LEI 21380068SP9V65KPQN68

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

 

 

 

 

GB00BFZZM640

b)

Nature of the transaction

 

Share acquisition (re-acquiring the shares referred to above)

 

 

 

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

 

£3.9325

 

20,900

 

 

 

d)

Aggregated information

 

-  Aggregated volume

 

- Price

 

 

Aggregate Price

Aggregate Volume

Aggregate Total

 

£3.9325

 

20,900

 

£83,012.14

e)

Date of the transaction

 

9 October 2020

f)

Place of the transaction

 

OUTSIDE A TRADING VENUE

 

 

S4 Capital plc
Sir Martin Sorrell (Executive Chairman)

Tel: +44 (0)20 3793 0003

Powerscourt (PR Adviser to S4 Capital plc)
Elly Williamson
Jessica Hodgson

Tel: +44 (0)7970 246 725

 

Sir Martin Sorrell, Executive Chairman
S4 Capital plc, 12 St James's Place, London SW1A 1NX
LEI 21380068SP9V65KPQN68

 

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