Lamprell plc

Director/PDMR Shareholding

RNS Number : 2628V
Lamprell plc
05 April 2019
 

 

 

5 April 2019

 

 

LAMPRELL PLC
("Lamprell" and with its subsidiaries the "Group")

 

Director/PDMR Shareholding

 

 

Lamprell today announces the following share awards granted under the Performance Share Plan ("PSP") and the Retention Share Plan ("RSP") to the executive Directors and persons discharging managerial responsibility within the Company. These awards will vest on the third anniversary of the date of grant and, in the case of the PSP, subject to achievement of performance conditions.  The number of shares subject to the award is determined by using the closing middle market price of a Lamprell ordinary share on the average of the ten dealing days prior to the date of grant, being 57.0p per share.

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher McDonald

2.

Reason for the notification

 

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

1,402,399

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Antony Wright

2.

Reason for the notification

 

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

657,124

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Peter Ireton

2.

Reason for the notification

 

a)

Position/status

VP of Business Development

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 



 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

278,405

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Peter Ireton

2.

Reason for the notification

 

a)

Position/status

VP of Business Development

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell RSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

92,802

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alex Ridout

2.

Reason for the notification

 

a)

Position/status

General Counsel & Company Secretary

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

175,616

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alex Ridout

2.

Reason for the notification

 

a)

Position/status

General Counsel & Company Secretary

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell RSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

87,808

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Hani El Kurd

2.

Reason for the notification

 

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

368,965

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Hani El Kurd

2.

Reason for the notification

 

a)

Position/status

Chief Operating Officer

b)

Initial notification/Amendment

Initial notification

3.

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

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 


 

ISIN:- GB00B1CL5249


b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell RSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

434,077

d)

Aggregated information

-

Aggregated volume

-

Price


e)

Date of the transaction

5 April 2019

 

f)

Place of the transaction

London

 

 

 

- Ends -

 

Enquiries:

 

Lamprell plc

 

Maria Babkina, Investor Relations

+44 (0) 7852 618 046

Alex Ridout, Company Secretary

+971 (0) 4 803 9308

 

Tulchan Communications, London

+44 (0) 207 353 4200

Martin Robinson


Martin Pengelley


Harry Cameron




 


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