TIDMAGR

RNS Number : 9821F

Assura PLC

13 July 2023

13 July 2023

Assura plc

Exercise of Nil Cost Options under PSP

Assura plc ("Assura"), the leading primary care property investor and developer announces that on 12 July 2023, the PDMRs listed below exercised their 2020 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          183,890        (86,428)         (18,389)            -          79,073 
                ---------  --------------  ---------------  -----------  -------------- 
 Jayne Cottam     103,351        (48,575)                -            -          54,776 
                ---------  --------------  ---------------  -----------  -------------- 
 

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 and that Mr Murphy could sell 18,389 shares to make a contribution to the Assura Community Fund. The relevant market price for taxation purposes is GBP0.4601 per share.

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

 
                    Shareholding on     Shareholding 
                       11 July 2023    post exercise 
 Jonathan Murphy          2,860,873        2,939,946 
                   ----------------  --------------- 
 Jayne Cottam              6 47,606         702 ,382 
                   ----------------  --------------- 
 

Following the allotment, Mr Murphy transferred 79,073 shares to his wife. The total beneficial holding remains 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     183,890 
                                                   ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 12 July 2023 
       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 shares to satisfy tax and national 
       the transaction             insurance liabilities and to make a 
                                   contribution to the Assura Community 
                                   Fund . 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)      Volume(s) 
       volume(s) 
                                      GBP0.4601 
                                      GBP           104,817 
                                                  ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate    Aggregate   Aggregate 
       information                   Price        Volume      Total 
 
        *    Aggregated volume       GBP0.4601    104,817     GBP48,226.30 
                                     GBP 
                                                ----------  -------------- 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 12 July 2023 
       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 shares to Mr Murphy's wife. 
       the transaction 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)      Volume(s) 
       volume(s) 
                                      GBP0.4601 
                                      GBP           7 9,073 
                                                  ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate    Aggregate   Aggregate 
       information                   Price        Volume      Total 
 
        *    Aggregated volume       GBP0.4601    7 9,073     GBP36,381.49 
                                     GBP 
                                                ----------  -------------- 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 12 July 2023 
       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     1 03,351 
                                                   ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated 
       information                  N/A 
 
        *    Aggregated volume 
 
 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 12 July 2023 
       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 shares to satisfy tax and national 
       the transaction             insurance liabilities 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and                  Price(s)      Volume(s) 
       volume(s) 
                                      GBP0.4601 
                                      GBP           4 8,575 
                                                  ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated                   Aggregate    Aggregate   Aggregate 
       information                   Price        Volume      Total 
 
        *    Aggregated volume       GBP0.4601    4 8,575     GBP22,349.36 
                                     GBP 
                                                ----------  -------------- 
 
        *    Price 
     --------------------------  ------------------------------------------- 
 e)   Date of the                 12 July 2023 
       transaction 
     --------------------------  ------------------------------------------- 
 f)   Place of the                XLON 
       transaction 
     --------------------------  ------------------------------------------- 
 

- ENDS -

For more information, please contact:

 
 
    Assura plc                            Tel: 0161 515 2043 
  Orla Ball, General Counsel            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 Altrincham, UK - caring for more than 600 primary healthcare buildings, from which over six million patients are served.

A constituent of the FTSE 250 and the EPRA* indices, as at 31 March 2023, Assura's portfolio was valued at GBP2.7 billion.

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

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