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viewSanne Group PLC

Director/PDMR Shareholding

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RNS Number : 6661V
Sanne Group PLC
09 April 2019
 

Sanne Group plc

   

9 April 2019

 

Sanne Group plc

("SANNE" or "the Company")

 

Director/PDMR Shareholding

 

In accordance with the requirements of Market Abuse Regulation Article 19, SANNE announces that, on 30 March 2019, the vesting of shares previously awarded under the Company's Performance Share Plan were made to Dean Godwin and Martin Schnaier, each an Executive Director of the Company, as follows:


Number of shares vesting

Dividend equivalent shares

Total vesting

Shares sold for tax and expenses

Released amount

Dean Godwin

66,192

4,183

70,375

0*

70,375

Martin Schnaier

28,024

1,771

29,795

14,040

15,755

*Dean Godwin will settle the taxes associated with his award directly and these will be reported on his individual tax return.

No consideration was paid for the vesting of the awards which are structured as conditional share awards.

Details are set out below:

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Dean Godwin

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Vesting of shares awarded under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)



Nil

70,375




(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)


(e)

Date of the transaction

2019-03-30

(f)

Place of the transaction

Outside a trading venue

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

(a)

Name

Martin Schnaier

2.

Reason for the notification

(a)

Position/status

Chief Executive Officer Designate

(b)

Initial notification/ Amendment

Initial notification

3.

Details of the issuer

(a)

Name

Sanne Group plc

(b)

LEI

2138005UBLKEZRITH576

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

Ordinary shares of £0.01 each

ISIN: JE00BVRZ8S85

(b)

Nature of the transaction

Vesting of shares awarded under the Sanne Group plc Performance Share Plan

(c)

Price(s) and volume(s)

Price(s)

Volume(s)



Nil

15,755




(d)

Aggregated information

 

Aggregated price

Aggregated volume

N/A (single transaction)

N/A (single transaction)


(e)

Date of the transaction

2019-03-30

(f)

Place of the transaction

Outside a trading venue

 

 

For and on behalf of Sanne Group plc

 

 

Enquiries:

 
Sanne Group plc

Ian Portal, Group Company Secretary

 



 

+44 (0) 20 3911 1048        

Tulchan Communications LLP

Tom Murray

 

+44 (0) 20 7353 4200

 

Notes:

 

About SANNE

 

SANNE is a leading global provider of alternative asset and corporate services. Established for over 30 years and listed on the Main Market of the London Stock Exchange and a member of the FTSE 250 index, SANNE employs more than 1,400 people worldwide and administers structures and funds that have in excess of £240 billion of assets.

 

Key clients include alternative asset managers, financial institutions, family offices, ultra-high net-worth individuals and corporates.

 

SANNE operates from a global network of offices located in leading financial jurisdictions, which are spread across the Americas, Europe, Africa and Asia-Pacific.

 

www.sannegroup.com 

 

 

 


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.
 
END
 
 
DSHUKRVRKAASRAR

Quick facts: Sanne Group PLC

Price: 540

Market: LSE
Market Cap: £787.85 m
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