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Sanne Group PLC (SNN)


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.



Details of the person discharging managerial responsibilities/person closely associated



Mark Law


Reason for the notification



Chief Commercial Officer and PDMR


Initial notification/ Amendment

Initial notification


Details of the issuer



Sanne Group plc





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


Description of the Financial Instrument

Ordinary shares of £0.01 each



Nature of the transaction

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


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



Aggregated information


Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)



Date of the transaction



Place of the transaction

London Stock Exchange (XLON)





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.  


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