Information  X 
Enter a valid email address

Carr's Group PLC (CARR)

  Print      Mail a friend

Tuesday 24 November, 2020

Carr's Group PLC

Director/PDMR Shareholding

RNS Number : 3610G
Carr's Group PLC
24 November 2020
 

 

 

24 November 2020

 

 

Carr's Group plc

("Carr's", the "Company", or the "Group")

Director/PDMR Shareholdings

 

Carr's (CARR.L), the Agriculture and Engineering Group, announces that the following awards of options ("Options") were made on 23 November 2020, pursuant to the Company's Long Term Incentive Plan 2013 (the "LTIP"), to certain PDMRs over ordinary shares in the Company of 2.5p each ("Ordinary Shares"):

Name

Number of Ordinary Shares subject to this award  

Neil Austin

200,800

Matthew Ratcliffe

38,986


The Options were awarded for nil-cost subject to the rules of the LTIP and will be exercisable from the third anniversary of the Award Date to the tenth anniversary of the Award Date, subject to the following performance targets:


Threshold

Maximum

Target

Average annual growth in Adjusted EPS of 3%

Average annual growth in adjusted EPS of 10%

Vesting

25%

100%



Vesting is adjusted on a straight-line basis between threshold and maximum targets.

 

The following information is included in accordance with Article 19(3) of the Market Abuse Regulation (No. 596/2014):

 

1

. Details of the person discharging managerial responsibilities/person closely associated

a) Name

1. Neil Austin

2. Matthew Ratcliffe

2

. Reason for the notification

a) Position/status

 

1. Chief Financial Officer

2. 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

Carr's Group plc

b) LEI

213800HTIKPQV98RA653

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

Ordinary Shares of £0.025 each

b) Identification Code

GB00BRK01058

c) Nature of transactions

Grant of award pursuant to the Company's Long Term Incentive Plan 2013

d) Price(s) and Volume(s)

Price(s) 

1. £0.025 Ordinary Shares

2. £0.025 Ordinary Shares

Volume(s)

200,800

38,986

e) Aggregated information:

i. Aggregated volume

ii. price

N/A

f)  Date of the transaction

23 November 2020

g)  Place of the transaction

Outside trading venue

 

Enquiries:

Carr's Group plc
Matthew Ratcliffe (Company Secretary)

 

01228 554 600

Powerscourt

Nick Dibden

Lisa Kavanagh

020 7250 1446

[email protected]


 

 

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
 
 
DSHKKQBBNBDDDDB

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