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Informa PLC (INF)

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Wednesday 02 June, 2021

Informa PLC

Director/PDMR Shareholding

RNS Number : 6367A
Informa PLC
02 June 2021
 

Informa LEI: 5493006VM2LKUPSEDU20

 

Informa PLC Press Release

2 June 2021

Director/PDMR Shareholding

London:   Informa ("the Company"), makes the following notification under article 19(1) of the Market Abuse Regulation ("MAR"), relating to certain transactions by a Person Discharging Managerial Responsibilities in the shares or rights to shares of the Company.

This announcement is made in accordance with Article 19(3) of MAR.

 

1

Details of the persons discharging managerial responsibilities / person closely associated

a)

Name(s)

(1)  Stephen A Carter

(2) Gareth Wright

(3) Patrick Martell

 

 

2

Reason for the notification

a)

Position/status

(1)  GroupChiefExecutive

(2)  Group Finance Director

(3)  Group Chief Operating Officer

 

 

b)

Initial notification / Amendment

 

 

Initial notification

3

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

a)

Name

Informa PLC

b)

LEI

5493006VM2LKUPSEDU20

 

 

4

Detailsofthetransaction(s):sectiontoberepeatedfor(i)eachtypeof 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 0.1 pence each

 

 

 

GB00BMJ6DW54

 

 

b)

Nature of the transaction

Vesting of options relating to the 2018 Accelerated Integration Plan LTIP award. This Award was separate to the standard 2018 LTIP Award, with targets specifically relating to the combination with UBM plc, namely the post-tax Return on Invested Capital ("ROIC") and Cost Synergies achieved.

 

The options that are vesting relate to the Cost Synergies element of the Award. The performance period for the ROIC element runs to 31 December 2021 and no options are expected to vest.

 

The options are exercisable until 29 May 2028 (for Stephen A. Carter and Gareth Wright) and 16 April 2028 (for Patrick Martell).

 

The options granted to Stephen A. Carter and Gareth Wright are subject to an additional two-year hold period following vesting.  During this period, the shares may only be disposed to meet tax and other regulatory obligations.

 

 

c)

Price(s) and volume(s)

 

 

 

 

Price

Volume

1.  Par Value

68,765

2.  Par Value

29,406

3.  Par Value

80,717

 

 

d)

Aggregated information

N/A

e)

Date of the transaction

2 June 2021

 

 

f)

Place of the transaction

Outside a trading venue

 

 

 

Enquiries


Informa PLC

Heledd Hanscomb, Deputy Company Secretary

 

+44 (0)20 7017 5000

 

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