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viewWM Morrison Supermarkets PLC

Morrison W.Sprmkts - Director/PDMR Shareholding

RNS Number : 4537I
Morrison(Wm.)Supermarkets PLC
01 April 2020
 

1 April 2020

 

Wm Morrison Supermarkets plc

(the "Company")

 

Notification of Dealings in the Company's Shares by Directors

 

The Company announces the following dealings in the Company's ordinary shares of 10 pence each ("Shares") undertaken by directors / persons discharging managerial responsibility ("PDMRs").

 

Deferred Share Bonus Plan ("DSBP") Release

 

On 30 March 2020, the release from an award granted under the Wm Morrison Supermarkets Deferred Share Bonus Plan ("DSBP") granted on 28 March 2017 meant that David Potts and Trevor Strain receive 191,636 and 129,636 Shares of 10 pence each in the Company respectively.

 

These share awards are after settlement of income tax and employee's national insurance contributions.

 

David Potts' total shareholding following this action is 3,046,282 Shares.

 

Trevor Strain's total shareholding following this action is 1,032,104 Shares.

 

The share price on release was 183.775 pence per Share.

 

Long Term Incentive Plan ("LTIP") Grant

 

On 31 March 2020, the Company granted the following conditional awards ("Awards") under the 2017 Wm Morrison Supermarkets Long Term Incentive Plan ("LTIP"). The number of shares granted being calculated using a market price of 179.11 pence per share.

 

Name

Number of Shares under Award

David Potts

1,423,706

Trevor Strain

1,113,840

Michael Gleeson

820,724

 

The Awards will vest on 31 March 2023, but only to the extent that certain criteria are met. No consideration is payable on the grant or vesting of the Awards.

 

The Notification of Dealing Forms can be found below.

 

This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

 

Enquiries:

 

Andrew Kasoulis - Investor Relations                             07785 343515

 

Julian Bailey - Media Relations                                      07969 061092

 

 



 

Notification of dealing form

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Potts

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Release from an award granted under the rules of the Wm Morrison Supermarkets Deferred Share Bonus Plan after settlement of income tax and employee's national insurance contributions

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

183.775p

191,636

d)

Aggregated information

 - Aggregated volume

- Price

 

Aggregate Price

Aggregate Volume

Aggregate Total

183.775p

191,636

£352,179.06

e)

Date of the transaction

30 March 2020

f)

Place of the transaction

XLON

 



 

 

Notification of dealing form

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Strain

2

Reason for the notification

a)

Position/status

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

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Release from an award granted under the rules of the Wm Morrison Supermarkets Deferred Share Bonus Plan after settlement of income tax and employee's national insurance contributions

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

183.775p

129,636

d)

Aggregated information

 - Aggregated volume

- Price

 

Aggregate Price

Aggregate Volume

Aggregate Total

183.775p

129,636

£238,238.56

e)

Date of the transaction

30 March 2020

f)

Place of the transaction

XLON

 

 

 

 

 



 

Notification of dealing form

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

David Potts

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Grant of nil-cost options under the rules of the 2017 Wm Morrison Supermarkets Long Term Incentive Plan

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

179.11

1,423,706

d)

Aggregated information

 - Aggregated volume

- Price

 

Aggregate Price

Aggregate Volume

Aggregate Total

179.11

1,423,706

£2,549,999.82

e)

Date of the transaction

31 March 2020

f)

Place of the transaction

Outside a trading venue

 

 

 

 

 

Notification of dealing form

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Trevor Strain

2

Reason for the notification

a)

Position/status

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

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Grant of nil-cost options under the rules of the 2017 Wm Morrison Supermarkets Long Term Incentive Plan

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

179.11

1,113,840

d)

Aggregated information

 - Aggregated volume

- Price

 

Aggregate Price

Aggregate Volume

Aggregate Total

179.11

1,113,840

£1,994,998.82

e)

Date of the transaction

31 March 2020

f)

Place of the transaction

Outside a trading venue

 



 

 

Notification of dealing form

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Michael Gleeson

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial notification /Amendment

Initial notification

3

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

a)

Name

Wm Morrison Supermarkets PLC

b)

LEI

213800IN6LSRGTZSOS29

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 10p Shares

 

ISIN: GB0006043169

b)

Nature of the transaction

Grant of nil-cost options under the rules of the 2017 Wm Morrison Supermarkets Long Term Incentive Plan

c)

Price(s) and volume(s)

 

 Price(s)

Volume(s)

179.11

820,724

d)

Aggregated information

 - Aggregated volume

- Price

 

Aggregate Price

Aggregate Volume

Aggregate Total

179.11

820,724

£1,469,998.76

e)

Date of the transaction

31 March 2020

f)

Place of the transaction

Outside a trading venue

 

 

 

 

End


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END
 
 
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Quick facts: WM Morrison Supermarkets PLC

Price: 188.95

Market: LSE
Market Cap: £4.54 billion
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