Information  X 
Enter a valid email address

Sanne Group PLC (SNN)

  Print   

Monday 14 September, 2020

Sanne Group PLC

Director/PDMR Shareholding

RNS Number : 9427Y
Sanne Group PLC
14 September 2020
 

14 September 2020

 

Sanne Group plc

( Sanne or the Company )

 

Director/PDMR Shareholding

 

On 11 September 2020 the Company was notified that Mark Law, Chief Commercial Officer, acquired 7,059 shares which vested under the terms of award granted as part of the Company's 2017 Restricted Share Award.

 

No consideration was paid for the shares, which have vested following the satisfaction of performance conditions set by the Remuneration Committee of the Company.  Mark elected not to sell shares in order to satisfy the associated tax liability.

 

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

Vesting of shares under the Sanne Group plc Performance Share Plan.

(c)

Price(s) and volume(s)

Exercise of shares vested under the Sanne Group plc 2017 Restricted Share Award

Price(s) - Nil

Volume(s) - 7,059

 

(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)

 

(e)

Date of the transaction

2020-09-11

(f)

Place of the transaction

London Stock Exchange (XLON)

 

 

Enquiries:

 

Sanne Group plc


Ian Portal, Company Secretary

+44 (0) 20 3327 9720

 

 

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 1,800 people worldwide and administers structures and funds that have in excess of £250 billion of assets.

 

Key clients include alternative asset managers, financial institutions, family offices 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  

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHUSRVRRWUKAAR

a d v e r t i s e m e n t