TIDMAGR

RNS Number : 3694F

Assura PLC

15 July 2021

15 July 2021

Assura plc

Exercise of Nil Cost Options under PSP

Assura plc ("Assura"), the leading primary care property investor and developer announces that on 14 July 2021, the PDMRs listed below exercised their 2018 PSP awards.

The table below shows the number of shares vesting, the number of shares sold to satisfy income tax and national insurance liabilities, the number of shares sold for the benefit of the Assura Community Fund and the number of shares received following the sales.

 
                   Number       Number of       Additional   Additional       Number of 
                       of     shares sold      shares sold       shares    shares after 
                   Shares      to satisfy        on behalf         sold     shares sold 
                  awarded      income tax    of the Assura 
                             and national        Community 
                                insurance             Fund 
                              liabilities 
 Jonathan 
  Murphy          365,399       (171,738)         (36,540)            -         157,121 
                ---------  --------------  ---------------  -----------  -------------- 
 Jayne Cottam     184,702        (86,810)                -            -          97,892 
                ---------  --------------  ---------------  -----------  -------------- 
 Orla Ball         35,037        (16,467)                -     (18,570)               - 
                ---------  --------------  ---------------  -----------  -------------- 
 

The Remuneration Committee of Assura had agreed that sufficient shares may be sold by Mr Murphy, Ms Cottam and Ms Ball to cover the arising income tax and national insurance liabilities, that Mr Murphy could sell 36,540 shares to make a contribution to the Assura Community Fund and that Ms Ball could sell her shares in full. The relevant market price for taxation purposes is GBP0.76 per share.

As a result of the above, the PDMR's shareholding and those of their connected persons is as follows:

 
                    Shareholding on     Shareholding 
                       13 July 2021    post exercise 
 Jonathan Murphy         2 ,449,798        2,606,919 
                   ----------------  --------------- 
 J ayne Cottam             3 32,710          430,602 
                   ----------------  --------------- 
 Orla Ball                    5,658            5,658 
                   ----------------  --------------- 
 

Following the allotment, Mr Murphy transferred 157,121 shares to his wife and Ms Cottam transferred 97,892 shares to her husband. Total beneficial holdings remain the same.

The Notification of Dealing Form for the PDMRs can be found below.

This notification is made in accordance with the Market Abuse Regulation.

Notification of dealing form

 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       Jonathan Murphy 
     -------------------------  -------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status            CEO 
     -------------------------  -------------------------------------------- 
 b)   Initial notification/      Initial notification 
       Amendment 
     -------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                       Assura plc 
     -------------------------  -------------------------------------------- 
 b)   LEI                        21380026T19N2Y52XF72 
     -------------------------  -------------------------------------------- 
 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                Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                       GB00BVGBWW93 
     -------------------------  -------------------------------------------- 
 b)   Nature of 
       the transaction             Vesting of share awards under PSP 
     -------------------------  -------------------------------------------- 
 c)   Price(s) and                 Price(s)       Volume(s) 
       volume(s) 
                                     GBPNIL GBP     365,399 
                                                  ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated 
       information                 N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the                14 July 2021 
       transaction 
     -------------------------  -------------------------------------------- 
 f)   Place of the               XLON 
       transaction 
     -------------------------  -------------------------------------------- 
 a)   Description                Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                       GB00BVGBWW93 
     -------------------------  -------------------------------------------- 
 b)   Nature of                  Sale of 2 08,278 shares to satisfy 
       the transaction            tax and national insurance liabilities 
                                  and to make a contribution to the Assura 
                                  Community Fund . 
     -------------------------  -------------------------------------------- 
 c)   Price(s) and                 Price(s)        Volume(s) 
       volume(s) 
                                     GBP0.76 GBP     208,278 
                                                   ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated                  Aggregate      Aggregate   Aggregate 
       information                  Price          Volume      Total 
 
        *    Aggregated volume      GBP0.76 GBP    208,278     GBP158,291.28 
                                                 ----------  --------------- 
 
 
        *    Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the                14 July 2021 
       transaction 
     -------------------------  -------------------------------------------- 
 f)   Place of the               XLON 
       transaction 
     -------------------------  -------------------------------------------- 
 a)   Description                Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                       GB00BVGBWW93 
     -------------------------  -------------------------------------------- 
 b)   Nature of                  Transfer of 1 57,121 shares to Mr Murphy's 
       the transaction            wife. 
     -------------------------  -------------------------------------------- 
 c)   Price(s) and                 Price(s)        Volume(s) 
       volume(s) 
                                     GBP0.76 GBP     157,121 
                                                   ---------- 
     -------------------------  -------------------------------------------- 
 d)   Aggregated                  Aggregate      Aggregate   Aggregate 
       information                  Price          Volume      Total 
 
        *    Aggregated volume      GBP0.76 GBP    157,121     GBP119,411.96 
                                                 ----------  --------------- 
 
 
        *    Price 
     -------------------------  -------------------------------------------- 
 e)   Date of the                14 July 2021 
       transaction 
     -------------------------  -------------------------------------------- 
 f)   Place of the               XLON 
       transaction 
     -------------------------  -------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Jayne Cottam 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             CFO 
     --------------------------  ------------------------------------------- 
 b)   Initial notification/       Initial notification 
       Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Assura plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         21380026T19N2Y52XF72 
     --------------------------  ------------------------------------------- 
 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                 Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                        GB00BVGBWW93 
     --------------------------  ------------------------------------------- 
 b)   Nature of 
       the transaction              Vesting of share awards under PSP 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)       Volume(s) 
       volume(s) 
                                      GBPNIL GBP     184,702 
                                                   ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 14 July 2021 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of the                XLON 
       transaction 
     --------------------------  ------------------------------------------- 
 a)   Description                 Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                        GB00BVGBWW93 
     --------------------------  ------------------------------------------- 
 b)   Nature of                   Sale of 8 6,810 shares to satisfy tax 
       the transaction             and national insurance liabilities 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)        Volume(s) 
       volume(s) 
                                      GBP0.76 GBP     86,810 
                                                    ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate      Aggregate   Aggregate 
       information                   Price          Volume      Total 
 
        *    Aggregated volume       GBP0.76 GBP    86,810      GBP65,975.60 
                                                  ----------  -------------- 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 14 July 2021 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of the                XLON 
       transaction 
     --------------------------  ------------------------------------------- 
 a)   Description                 Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                        GB00BVGBWW93 
     --------------------------  ------------------------------------------- 
 b)   Nature of                   Transfer of 9 7,892 shares to Ms Cottam's 
       the transaction             husband. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)        Volume(s) 
       volume(s) 
                                      GBP0.76 GBP     97,892 
                                                    ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate      Aggregate   Aggregate 
       information                   Price          Volume      Total 
 
        *    Aggregated volume       GBP0.76 GBP    97,892      GBP74,397.92 
                                                  ----------  -------------- 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 14 July 2021 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of the                XLON 
       transaction 
     --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Orla Ball 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             Company Secretary 
     --------------------------  ------------------------------------------- 
 b)   Initial notification/       Initial notification 
       Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or auction 
       monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Assura plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         21380026T19N2Y52XF72 
     --------------------------  ------------------------------------------- 
 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                 Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                        GB00BVGBWW93 
     --------------------------  ------------------------------------------- 
 b)   Nature of 
       the transaction              Vesting of share awards under PSP 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)       Volume(s) 
       volume(s) 
                                      GBPNIL GBP     35,037 
                                                   ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 14 July 2021 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of the                XLON 
       transaction 
     --------------------------  ------------------------------------------- 
 a)   Description                 Ordinary shares of 10 pence each 
       of the financial 
       instrument, 
       type of instrument 
 
       Identification 
       code                        GB00BVGBWW93 
     --------------------------  ------------------------------------------- 
 b)   Nature of                   Sale of 3 5,037 shares 
       the transaction 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)        Volume(s) 
       volume(s) 
                                      GBP0.76 GBP     35,037 
                                                    ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate      Aggregate   Aggregate 
       information                   Price          Volume      Total 
 
        *    Aggregated volume       GBP0.76 GBP    35,037      GBP26,628.12 
                                                  ----------  -------------- 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 14 July 2021 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of the                XLON 
       transaction 
     --------------------------  ------------------------------------------- 
 

- Ends -

For more information, please contact:

 
 
    Assura plc                          Tel: 01925 420680 
  Orla Ball, Company Secretary        Email: Investor@assura.co.uk 
   David Purcell, Head of Investor 
   Relations 
  Finsbury                            Tel: 0207 251 3801 
   Gordon Simpson                      Email: Assura@finsbury.com 
   James Thompson 
 

Notes to Editors

Assura plc, a constituent of the FTSE 250 and the EPRA* indices, is a UK REIT and long-term investor in and developer of primary care property. The company, headquartered in Warrington, works with GPs, health professionals and the NHS to create outstanding spaces for health services in our communities. At 31 March 2021, Assura's property portfolio was valued at GBP2,453 million.

Further information is available at www.assuraplc.com

* EPRA is a registered trademark of the European Public Real Estate Association

Assura plc LEI code: 21380026T19N2Y52XF72

.

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END

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July 15, 2021 04:56 ET (08:56 GMT)

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