logo-loader
RNS
Softcat

Softcat PLC - Director/PDMR Shareholding

RNS Number : 7435U
Softcat PLC
26 November 2019
 

 

 

26 November 2019

Softcat plc (the "Company")

 

Notification of Transactions by

Persons Discharging Managerial Responsibilities

 

 

The following notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to an award of nil-cost options to a person discharging managerial responsibilities ("PDMR") on 22 November 2019 under the Softcat plc Long Term Incentive Plan ("LTIP"). This announcement is made in accordance with Article 19.3 of MAR. 

 

An award of nil-cost options to acquire 12,500 Ordinary shares was made to Colin Brown, a PDMR, on 22 November 2019 under the LTIP calculated by reference to the closing middle market quotation of the ordinary shares derived from the Daily Official List on the dealing day preceding the date of grant (1160 pence). The award for Colin Brown will vest subject to continued employment with the Company for three years from the date of grant.

 

The normal date of vesting for the nil-cost options outlined above will be 22 November 2022 and the last date for exercise will be 21 November 2029.

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Colin Brown

 

2.

Reason for the notification

a)

Position / status

Managing Director

 

b)

Initial notification / amendment

Initial Notification

 

3.

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

a)

Name

Softcat plc

b)

LEI

213800N42YZLR9GLVC42

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

 

Identification Code

Ordinary Shares of £0.0005 each

 

 

ISIN: GB00BYZDVK82

b)

Nature of the transaction

Grant of nil cost option over Ordinary Shares of £0.0005 each under the Softcat plc Long Term Incentive Plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

0.00

12,500

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of the transaction

 

22 November 2019

f)

Place of the transaction

 

Outside a trading venue





 

 

 

 

Luke Thomas

Company Secretary, Softcat plc

 

26 November 2019

 


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 rns@lseg.com or visit www.rns.com.
 
END
 
 
DSHMMMZMKVRGLZM
NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of...

FOR OUR FULL DISCLAIMER CLICK HERE

2 min read