Director/PDMR Shareholding

RNS Number : 9550S
Workspace Group PLC
13 November 2013
 



Workspace Group PLC

Director/PDMR Shareholding      

 

13 November 2013

 



Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

 

All relevant boxes should be completed in block capital letters.

 

1.

Name of the issuer

 

Workspace Group PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).  

 

(i) above

3.

Name of person discharging managerial responsibilities/director

 

Graham Clemett

Angus Boag

Chris Pieroni

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

N/A

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

 

Holding in respect of persons referred in 3 above

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

Ordinary Shares of £1 each

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

 

N/A

 

 

8

State the nature of the transaction

 

Receipt of an award of shares to the persons listed in 3 above pursuant to the Workspace Group PLC Long Term Incentive Plan. The vesting of the award was postponed from July 2013 as the Company was in an extended close period.

 

As a result of the vesting of the award of shares to the persons listed in 3 above, shares were disposed (as listed in 11 below) to satisfy the tax liability arising on the vesting of the award of shares.   In addition, Mr Pieroni disposed of 18,000 shares from the balance of shares vesting under the LTIP award.

 

 

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

Director/PDMR       

No. of shares  

% of share Capital   

Graham Clemett

193,827       

0.133%

Angus Boag

190,170

0.130%

Chris Pieroni

148,563

0.102%

 

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

See 9.

11.

Number of shares, debentures or financial instruments relating to shares disposed  

Director/PDMR       

No. of shares  

% of share Capital   

Graham Clemett

64,260

0.044%

Angus Boag

63,047

0.043%

Chris Pieroni

88,567

0.060%

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

See 11

13.

Price per share or value of transaction

 

£5.05 

14.

Date and place of transaction

 

Shares awarded to participants listed in 3 above on 12 November  2013 - London

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

Director/PDMR       

No. of shares  

% of share Capital   

Graham Clemett

406,657

0.279%

Angus Boag

390,017

0. 268%

Chris Pieroni

265,452

0.182%

 

 

16.

Date issuer informed of transaction

 

12  November  2013

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17

Date of grant

18.

Period during which or date on which exercisable

19.

Total amount paid (if any) for grant of the option

20.

Description of shares or debentures involved (class and number)

21

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

 

23.

Any additional information

24

Name of contact and telephone number for queries

 

Carmelina Carfora

 

Name of authorised official of issuer responsible for making notification  

 

Carmelina Carfora

 

Date of notification 13 November 2013

 

Notes: This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.

 

(1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

 

(2) An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

 

(3) An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

 

(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


This information is provided by RNS
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