TIDMAGR

RNS Number : 4001S

Assura PLC

13 July 2022

13 July 2022

Assura plc

Exercise of Nil Cost Options under PSP

Assura plc ("Assura"), the leading primary care property investor and developer announces that on 13 July 2022, the PDMRs listed below exercised their 2019 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          299,937       (144,720)         (30,000)            -         125,217 
                ---------  --------------  ---------------  -----------  -------------- 
 Jayne Cottam     168,572        (81,336)                -            -          87,236 
                ---------  --------------  ---------------  -----------  -------------- 
 Orla Ball         29,106        (14,044)                -     (15,062)               - 
                ---------  --------------  ---------------  -----------  -------------- 
 Patrick 
  Lowther          39,693        (19,152)                -     (20,541)               - 
                ---------  --------------  ---------------  -----------  -------------- 
 Simon Oborn       23,032        (11,113)                -     (11,919)               - 
                ---------  --------------  ---------------  -----------  -------------- 
 

The Remuneration Committee of Assura had agreed that sufficient shares may be sold by each PDMR to cover the arising income tax and national insurance liabilities, that Mr Murphy could sell 30,000 shares to make a contribution to the Assura Community Fund and that Ms Ball, Mr Lowther and Mr Oborn could sell their shares in full. The relevant market price for taxation purposes is GBP0.6658 per share.

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

 
                    Shareholding on     Shareholding 
                       12 July 2022    post exercise 
 Jonathan Murphy          2,612,795        2,738,012 
                   ----------------  --------------- 
 Jayne Cottam              4 89,678         5 76,914 
                   ----------------  --------------- 
 Orla Ball                  1 1,534          1 1,534 
                   ----------------  --------------- 
 Patrick Lowther              9,185           9 ,185 
                   ----------------  --------------- 
 Simon Oborn                 11,534          1 1,534 
                   ----------------  --------------- 
 

Following the allotment, Mr Murphy transferred 125,217 shares to his wife and Ms Cottam transferred 87,236 shares to her husband. The 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     2 99,937 
                                                   ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 13 July 2022 
       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 174,720 shares to satisfy tax 
       the transaction             and national insurance liabilities and 
                                   to make a contribution to the Assura 
                                   Community Fund . 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)      Volume(s) 
       volume(s) 
                                      GBP0.6658 
                                      GBP           174,720 
                                                  ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate    Aggregate   Aggregate 
       information                   Price        Volume      Total 
 
        *    Aggregated volume       GBP0.6658    174,720     GBP116,628.58 
                                     GBP 
                                                ----------  --------------- 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 13 July 2022 
       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 125,217 shares to Mr Murphy's 
       the transaction             wife. 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)      Volume(s) 
       volume(s) 
                                      GBP0.6658 
                                      GBP           125,217 
                                                  ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate    Aggregate   Aggregate 
       information                   Price        Volume      Total 
 
        *    Aggregated volume       GBP0.6658    125,217     GBP83,369.48 
                                     GBP 
                                                ----------  -------------- 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 13 July 2022 
       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     168,572 
                                                    ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information                   N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       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 81,336 shares to satisfy tax 
       the transaction              and national insurance liabilities 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and                   Price(s)      Volume(s) 
       volume(s) 
                                       GBP0.6658 
                                       GBP           8 1,336 
                                                   ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated                    Aggregate    Aggregate   Aggregate 
       information                    Price        Volume      Total 
 
        *    Aggregated volume        GBP0.6658    8 1,336     GBP54,153.51 
                                      GBP 
                                                 ----------  -------------- 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       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 87,236 shares to Ms Cottam's 
       the transaction              husband. 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and                   Price(s)      Volume(s) 
       volume(s) 
                                       GBP0.6658 
                                       GBP           87,236 
                                                   ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated                    Aggregate    Aggregate   Aggregate 
       information                    Price        Volume      Total 
 
        *    Aggregated volume        GBP0.6658    87,236      GBP58,081.73 
                                      GBP 
                                                 ----------  -------------- 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of the                 XLON 
       transaction 
     ---------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                         O rla 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     29,106 
                                                    ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information                   N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       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 29,106 shares 
       the transaction 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and                   Price(s)      Volume(s) 
       volume(s) 
                                       GBP0.6658 
                                       GBP           29,106 
                                                   ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated                    Aggregate    Aggregate   Aggregate 
       information                    Price        Volume      Total 
 
        *    Aggregated volume        GBP0.6658    29,106      GBP19,378.77 
                                      GBP 
                                                 ----------  -------------- 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of the                 XLON 
       transaction 
     ---------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                         Patrick Lowther 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              Head of Strategy & Markets 
     ---------------------------  ------------------------------------------ 
 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     39,693 
                                                    ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information                   N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       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 39,693 shares 
       the transaction 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and                   Price(s)      Volume(s) 
       volume(s) 
                                       GBP0.6658 
                                       GBP           39,693 
                                                   ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated                    Aggregate    Aggregate   Aggregate 
       information                    Price        Volume      Total 
 
        *    Aggregated volume        GBP0.6658    39,693      GBP26,427.60 
                                      GBP 
                                                 ----------  -------------- 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of the                 XLON 
       transaction 
     ---------------------------  ------------------------------------------ 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                         Simon Oborn 
     ---------------------------  ------------------------------------------ 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status              Head of Property Management & Investment 
     ---------------------------  ------------------------------------------ 
 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     23,032 
                                                    ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated 
       information                   N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       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 23,032 shares 
       the transaction 
     ---------------------------  ------------------------------------------ 
 c)   Price(s) and                   Price(s)      Volume(s) 
       volume(s) 
                                       GBP0.6658 
                                       GBP           23,032 
                                                   ---------- 
     ---------------------------  ------------------------------------------ 
 d)   Aggregated                    Aggregate    Aggregate   Aggregate 
       information                    Price        Volume      Total 
 
        *    Aggregated volume        GBP0.6658    23,032      GBP15,334.71 
                                      GBP 
                                                 ----------  -------------- 
 
        *    Price 
     ---------------------------  ------------------------------------------ 
 e)   Date of the                  13 July 2022 
       transaction 
     ---------------------------  ------------------------------------------ 
 f)   Place of the                 XLON 
       transaction 
     ---------------------------  ------------------------------------------ 
 

- ENDS -

For more information, please contact:

 
 
    Assura plc                            Tel: 01925 945354 
  Orla Ball, Company Secretary          Email: Investor@assura.co.uk 
   David Purcell, Investor Relations 
   Director 
  FGS Global                            Tel: 0207 251 3801 
   Gordon Simpson                        Email: Assura@fgsglobal.com 
   James Thompson 
 

Notes to Editors

Assura plc is a national healthcare premises specialist and UK REIT based in Warrington, UK - caring for more than 600 primary healthcare buildings, from which almost seven million patients are served.

A constituent of the FTSE 250 and the EPRA* indices, as at 31 March 2022, Assura's portfolio was valued at GBP2,752 million.

At Assura, we BUILD for health. Assura builds better spaces for people and places, invests in skills and inspires new ways of working, and unlocks the power of design and innovation to deliver lasting impact for communities - aiming for six million people to have benefitted from improvements to and through its healthcare buildings by 2026.

Assura is leading for a sustainable future, targeting net zero carbon across its portfolio by 2040.

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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