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FDM Group plc (FDM)

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Thursday 18 April, 2019

FDM Group plc

Director/PDMR Shareholding

RNS Number : 5388W
FDM Group (Holdings) plc
18 April 2019
 

18 April 2019

FDM Group (Holdings) plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

PSP Award - 17 April 2019

On 17 April 2019 FDM Group (Holdings) plc ("FDM") granted awards over ordinary shares in the Company under the FDM 2014 Performance Share Plan (the "PSP"), as noted below. 

The vesting of the awards is subject to the achievement of a performance condition based upon the annual compound growth in FDM's earnings per share over the three-year performance period commencing with FDM's 2019 financial year.  Ordinarily, the awards will vest (subject to the achievement of the performance condition) following the announcement of FDM's results for its 2021 financial year.  The awards granted to Roderick Flavell, Sheila Flavell, Andrew Brown, Michael McLaren and Jonathan Young will not be released, so that shares can be acquired, until the end of a holding period of two years beginning on the vesting date.  The award granted to Stewart Sharman will be released at vesting.

Each award has been granted in the form of an option with an exercise price per share of £0.01

Name

Number of shares subject to award

Executive Directors

Roderick Flavell

29,000

Sheila Flavell

29,000

Andrew Brown

29,000

Michael McLaren

29,000

Other Senior Managers

Jonathan Young

29,000

Stewart Sharman

10,000

 

 

The notification below, made pursuant to Article 19 of Regulation (EU) No 596/2014 on Market Abuse, provides further information about these transactions.

1

Details of the person discharging managerial responsibilities / person closely associated

 

(a)

Name

(i) Roderick Flavell

(ii) Sheila Flavell

(iii) Andrew Brown

(iv) Michael McLaren

(v) Jonathan Young

(vi) Stewart Sharman

 

2

Reason for the notification

 

(a)

Position/Status

(i) Chief Executive Officer

(ii) Chief Operating Officer

(iii) Chief Commercial Officer

(iv) Chief Financial Officer

(v) Chief Information Officer

(vi) Senior Manager

 

(b)

Initial notification / Amendment

Initial notification

 

3

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

 

(a)

Name

FDM Group (Holdings) Plc

 

(b)

LEI

213800YR62D7GUZLMZ71

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

 

Ordinary shares of £0.01

 

 

ISIN: GB00BLWDVP51

(b)

Nature of the transaction

 

Grant of awards over ordinary shares

 

(c)

Price(s) and volume(s)

 

Name

Price

Number of ordinary shares subject to PSP award

Roderick Flavell

Nil

29,000

Sheila Flavell

Nil

29,000

Andrew Brown

Nil

29,000

Michael McLaren

Nil

29,000

Jonathan Young

Nil

29,000

Stewart Sharman

Nil

10,000

 

(d)

Aggregated Information

- Aggregated volume

 

- Price

 

N/A

 

N/A

 

(e)

Date of the Transaction

17 April 2019

(f)

Place of the Transaction

Outside a Trading Venue

Name of authorised official of issuer responsible for making notification:

Mark Heather, Company Secretary

FDM Group (Holdings) Plc

 

Enquiries:

Mike McLaren - Chief Financial Officer

0203 056 8240

Mark Heather - Company Secretary

0203 056 8240

 


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.
 
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