Director/PDMR Shareholding

RNS Number : 1761L
Electra Private Equity PLC
17 July 2017
 

 

Electra Private Equity PLC

Legal Entity Identifier: 213800MPTI1NH8POK154

 

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

 

On 14 July 2017 the following awards over ordinary shares of 25 pence in Electra Private Equity PLC were granted under the Electra Private Equity PLC 2017 Long Term Incentive Plan to the following person discharging managerial responsibilities:

 

PDMR

No. of shares under Award

Gavin Manson

 

35,671

 

The awards will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the total shareholders return performance condition set for the award is satisfied.

 

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

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Gavin Manson

 

2

Reason for Notification

a)

Position/status

Chief Financial Officer

 

b)

Initial notification/Amendment

Initial Announcement

 

3

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

a)

Name

Electra Private Equity PLC

 

b)

LEI

213800MPTI1NH8POK154

 

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 Electra Private Equity PLC

GB0003085445

 

b)

Nature of the transaction

Grant of a nil cost option award under the Electra Private Equity PLC 2017 Long Term Incentive Plan. The award will ordinarily become exercisable three years from the date of grant, subject to continued service and to the extent to which the total shareholder return performance condition is met, and may be exercised for a period of ten years from the date of grant.

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

35,671

 

 

d)

Aggregated information

-     Aggregated volume

-     Price

Not applicable - single transaction

e)

Date of the transaction

14 July 2017

 

 

Enquiries:

For further information:

 

On behalf of Electra Private Equity PLC:

Brunswick Group LLP Gill Ackers/Rowan Brown

 

020 7404 5959

Electra@brunswickgroup.com

Gavin Manson

Chief Financial Officer

Electra Private Equity PLC

 

020 3874 8300

gavin.manson@electrapeplc.com

 

                                   

                       

 

 


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