Director/PDMR Shareholding

RNS Number : 9457H

Workspace Group PLC

26 June 2013

 



WORKSPACE GROUP PLC

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ('PDMR') OR CONNECTED PERSON

Workspace Group PLC ('the Company') announces that on 26 June 2013 it received notification that the following Directors/PDMRs had exercised nil cost awards granted under the Company's Deferred Bonus arrangements to acquire the following ordinary shares of £1 in the Company.

The ordinary shares required to satisfy these awards were transferred to the following Directors/PDMRs by the Workspace Employee Share Ownership Trust on 26 June 2013.  These individuals then sold certain of these shares as set out below on the London Stock Exchange at a price of £3.945 per share.

Director/PDMR	Number of shares acquired	Number of shares sold	Total holding following the acquisition  and sale of shares	Total % of issued share capital following the acquisition and sale of shares
Graham Clemett Chief Financial Officer	17,080	17,080	120,823	0.083%
Angus Boag PDMR	14,746	6,966	132,958	0.091%
Chris Pieroni PDMR	14,746	14,746	97,336	0.067%

In addition, the Company received notification on 26 June 2013 that the following Directors/PDMRs had acquired Ordinary Shares of £1.00 each in the Company at a purchase price of £3.945 per share in connection with the Matching Share Award granted under the Company's Long Term Equity Incentive Plan (the 'Plan') that was approved by the Company's shareholders on 23 April 2008 particulars of which are as follows:

Director/PDMR	Number of shares acquired	Total holding following the acquisition of shares	Total % of issued share capital
Jamie Hopkins Chief Executive Officer	20,051	137,757	0.094%
Graham Clemett Chief Financial Officer	9,975	130,798	0.090%
Angus Boag PDMR	8,978	141,936	0.097%
Chris Pieroni PDMR	8,978	106,314	0.073%

The shares were purchased on 26 June 2013 and are being held by the Workspace Group Employee Share Ownership Trust as nominee for the Directors concerned.

Notification of each of the above transactions is made in accordance with Disclosure Rule 3.1.4R.

As at 26 June 2013 the issued share capital of Workspace consists of 145,283,384 ordinary shares, with a nominal value of £1 each, with voting rights.  Workspace does not hold any ordinary shares in Treasury; therefore, the total number of voting rights in Workspace is 145,283,384.

The above figure of 145,283,384 shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Workspace under the Financial Service Authority's Disclosure and Transparency Rules.

This announcement is made by duly authorised official Carmelina Carfora, Company Secretary.

26 June 2013

For enquiries please contact:

Workspace Group PLC
Carmelina Carfora, Company Secretary	020 7138 3300

 

END

 

 

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