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Sanne Group PLC (SNN)

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Friday 14 June, 2019

Sanne Group PLC

Director/PDMR Shareholding

RNS Number : 3761C
Sanne Group PLC
14 June 2019
 

 

14 June 2019

 

Sanne Group plc

('SANNE' or the 'Company')

 

Grant of share awards

 

SANNE, a leading global provider of alternative asset and corporate services, announces that on 13 June 2019 awards over ordinary shares of 0.01p each in the Company were made to certain persons discharging managerial responsibilities ('PDMRs') under the Company's Performance Share Plan, as follows:

 

Name of PDMR

Number of shares held under award

James Ireland

                               64,336

Martin Schnaier

                               78,511

James Bermingham

                               21,809

Mark Law

                               27,261

Jonathan Ferrara

                               21,809

Jason Bingham

                               21,809

Sean Murray

                               22,304

Eric Watson

                               14,539

Martin Pearson

                               27,261

Fred Steinberg

                               29,027

Jing Jing Qian

                               12,980

Peter Nagle

                               11,954

 

No consideration was paid for the grant of the awards which are structured as conditional share awards. 

 

The vesting of an award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company.  The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions. 

 

In addition, James Ireland has been awarded 5,588 deferred shares under the Company's 2018 Annual Bonus Plan ('ABP'), also with a grant date of 13 June 2019. As per the rules of the ABP, 50% of any bonus earned is deferred into shares for three years.

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Ireland

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

64,336

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Ireland

2.

Reason for the notification

(a)

Position/status

Chief Financial Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Annual Bonus Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

5,588

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Martin Schnaier

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

78,511

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

James Bermingham

2.

Reason for the notification

(a)

Position/status

General Counsel and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

21,809

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Mark Law

2.

Reason for the notification

(a)

Position/status

Chief Commercial Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

27,261

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Jonathan Ferrara

2.

Reason for the notification

(a)

Position/status

Managing Director, Channel Islands and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

21,809

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Jason Bingham

2.

Reason for the notification

(a)

Position/status

Managing Director, Product Development and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

21,809

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Sean Murray

2.

Reason for the notification

(a)

Position/status

Managing Director, EMEA and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

22,304

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Eric Watson

2.

Reason for the notification

(a)

Position/status

Chief Operating Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

14,539

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Martin Pearson

2.

Reason for the notification

(a)

Position/status

Chief Risk & Compliance Officer and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

27,261

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Fred Steinberg

2.

Reason for the notification

(a)

Position/status

Managing Director, North America and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

29,027

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Jing Jing Qian

2.

Reason for the notification

(a)

Position/status

Managing Director, Asia Pacific and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

12,980

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Peter Nagle

2.

Reason for the notification

(a)

Position/status

Country Head, Mauritius and PDMR

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Grant of shares under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)

 

 

Nil

11,954

 

 

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2019-06-13

(f)

Place of the transaction

Outside a trading venue

         

 

 

Notes:

 

Enquiries

 

Sanne Group plc

+44 (0)1534 722 787

Ian Portal, Group Company Secretary

 

 

About SANNE

 

SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,400 people worldwide and administers structures and funds that have in excess of £240 billion of assets.

 

Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.

 

SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.

 

www.sannegroup.com

 

 


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