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FDM Group plc (FDM)

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Monday 20 May, 2019

FDM Group plc

Director/PDMR Shareholding

RNS Number : 5996Z
FDM Group (Holdings) plc
20 May 2019
 

20 May 2019

 

FDM GROUP (HOLDINGS) PLC (the "Company")

 

Director / PDMR Shareholding / Total Voting Rights

 

FDM Group (Holdings) Plc ("FDM" or the "Company"), an international professional services provider focusing principally on information technology, announces that on 16 May 2019, following the exercise by a number of the Company's PDMRs (including Executive Directors) and other FDM employees of options under the FDM Group (Holdings) Plc Company Share Option Plan 2014 ("CSOP") and the FDM Group (Holdings) Plc Performance Share Plan 2014 ("PSP"), a total of 738,494 new ordinary shares of £0.01 pence each in the Company ("Ordinary Shares") have been issued. The issued Ordinary Shares were admitted to the Official List of the UKLA and to trading on the main market of the London Stock Exchange on 13 May 2019.

 

Each of the PDMRs (including Executive Directors) named below exercised options on 16 May 2019.  The options exercised by each PDMR (including each Executive Director) consisted of a PSP option with an exercise price of £0.01 per share. 

 

Options were exercised and sold as referred to in the following table.

 

Name of PDMR

Number of shares over which PSP option exercised

Number of shares sold for £9.72 per share*

Roderick Flavell (Chief Executive Officer)

40,000

NIL

Sheila Flavell (Chief Operating Officer)

40,000

NIL

Michael McLaren (Chief Financial Officer)

40,000

18,567

Andrew Brown (Chief Commercial Officer)

40,000

40,000

Jonathan Young (Chief Information Officer)

40,000

18,567

Stewart Sharman (Senior Manager)

25,000

11,591

 

*All shares sold were purchased at a price of £9.72 (being the closing mid-market price of an Ordinary Share on the day of the exercise) by an Employee Benefit Trust which has been established by the Company for the purposes of satisfying future requirements under the CSOP, the PSP, the FDM Group (Holdings) Plc Buy As You Earn Plan and/or other employee share schemes which FDM may introduce in the future.

 

Following these transactions, the shareholdings of the Executive Directors in the Company are as set out in the following table.

 

Name of Executive Director

No. of Ordinary Shares held prior to transactions

Number of Ordinary Shares held after transactions

 

Percentage of the issued share capital of the Company held prior to transactions

Percentage of the issued share capital of the Company held after transactions

Roderick Flavell

8,251,255

8,291,255

7.62%

7.61%

Sheila Flavell

8,251,254

8,291,254

7.62%

7.61%

Michael McLaren

499,295

520,728

0.46%

0.48%

Andrew Brown

4,540,801

4,540,801

4.19%

4.17%

 

In accordance with DTR 5.6.1, the Company also announces that, following the transactions referred to above, as at today's date, its issued share capital comprises 109,010,202 Ordinary Shares. The Company does not hold any Ordinary Shares in treasury. The voting rights of all of the Ordinary Shares are identical. Shareholders may use this figure as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Ordinary Shares in FDM under the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority.

 



 

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) Michael McLaren

(iv) Andrew Brown

(v) Jonathan Young

(vi) Stewart Sharman

2

Reason for the notification

 

(a)

Position/Status

(i) Chief Executive Officer

(ii) Chief Operating Officer

(iii) Chief Financial Officer

(iv) Chief Commercial 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 each

 

 

 

ISIN: GB00BLWDVP51

(b)

Nature of the transaction

 

Exercise of options to acquire ordinary shares of £0.01 each

 

 

(c)

Price(s) and volume(s)

 

Name

(a) Number of Ordinary Shares acquired pursuant to PSP option

(b) Per share exercise price of PSP option

Roderick Flavell

40,000

£0.01

Sheila Flavell

40,000

£0.01

Michael McLaren

40,000

£0.01

Andrew Brown

40,000

£0.01

Jonathan Young

40,000

£0.01

Stewart Sharman

25,000

£0.01

(d)

Aggregated Information

- Aggregated Volume

- Price

N/A

 

 

(e)

Date of the Transaction

16 May 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

 



 

1

Details of the person discharging managerial responsibilities / person closely associated

 

(a)

Name

(i) Michael McLaren

(ii) Andrew Brown

(iii) Jonathan Young

(iv) Stewart Sharman

2

Reason for the notification

 

(a)

Position/Status

(i) Chief Financial Officer

(ii) Chief Commercial Officer

(iii) Chief Information Officer

(iv) 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 each

 

 

 

ISIN: GB00BLWDVP51

(b)

Nature of the transaction

 

Sale of ordinary shares of £0.01 each acquired pursuant to the exercise of options

 

(c)

Price(s) and volume(s)

 

Name

(a) Number of Ordinary Shares sold

(b) Per share sale price

Michael McLaren

18,567

£9.72

Andrew Brown

40,000

£9.72

Jonathan Young

18,567

£9.72

Stewart Sharman

11,591

£9.72

(d)

Aggregated Information

- Aggregated Volume

- Price

N/A

(e)

Date of the Transaction

16 May 2019

(f)

Place of the Transaction

London Stock Exchange. 

Name of authorised official of issuer responsible for making notification:

Mark Heather, Company Secretary, FDM Group (Holdings) Plc

 

Contacts

Mark Heather, Company Secretary

020 3056 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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