TIDMASCL

RNS Number : 3135H

Ascential PLC

09 March 2018

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Grant of Awards under the Company's Performance Share Plan and Deferred Annual Bonus Plan.

On 8 March 2018 the Company's Executive Directors were granted conditional awards over ordinary shares of 1p each under the Ascential plc Executive Performance Share Plan (the "PSP") and the Executive Deferred Annual Bonus Plan ("DABP") as noted below:

 
 Executive Director          Number of  Number of share 
                        shares awarded    awarded under 
                             under PSP             DABP 
--------------------  ----------------  --------------- 
 Duncan Painter                263,078           37,842 
--------------------  ----------------  --------------- 
 Mandy Gradden                 155,216           25,606 
--------------------  ----------------  ---------------

PSP awards

Subject to the terms of the PSP, the awards will ordinarily vest on the third anniversary of the grant of the awards subject to the grantee's continued service and to the extent to which adjusted EPS and relative total shareholder return performance criteria are met over the three financial years to 31 December 2020. The shares will also be subject to a further two-year holding period whereby the Executive Directors will be restricted from selling the shares which vest other than to settle any associated tax.

DABP awards

Awards made under the DABP relate to the mandatory deferral of 50% of the bonus payable to Executive Directors into shares. Subject to the terms of the DABP, the awards will ordinarily vest on the third anniversary of the grant of the awards subject to the grantee's continued service.

For further information please contact:

Louise Meads, Company Secretary

020 7516 5000

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ---------------------------------------------------------------------- 
 a)   Names                     Duncan Painter 
                                 Mandy Gradden 
---  ------------------------  -------------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status           Director 
---  ------------------------  -------------------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  -------------------------------------------- 
 3    Details of the issuer, emission allowance market 
       participant, auction platform, auctioneer or 
       auction monitor 
---  ---------------------------------------------------------------------- 
 a)   Name                      Ascential plc 
---  ------------------------  -------------------------------------------- 
 b)   LEI                       213800VDXQDA7KD2IQ21 
---  ------------------------  -------------------------------------------- 
 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            Ordinary shares of 1p 
       the financial 
       instrument, type 
       of instrument 
--- 
 
      Identification            BYM8GJ0 
       code 
 
 b)   Nature of the             Grant of conditional awards 
       transaction               under the Company's Performance 
                                 Share Plan ("PSP") and the Executive 
                                 Deferred Annual Bonus Plan ("DABP") 
---  ------------------------  -------------------------------------------- 
 c)   Price(s) and 
       volume(s) 
---                              --------------------  ------------------ 
                                  Duncan Painter: 
---                              --------------------  ------------------ 
                                  Price(s)              Volume(s) 
                                 --------------------  ------------------ 
                                  Nil                   263,078 ("PSP) 
                                 --------------------  ------------------ 
                                  Nil                   37,842 ("DABP") 
                                 --------------------  ------------------ 
 
                                    Mandy Gradden: 
                                 --------------------  ------------------ 
                                  Price(s)              Volume(s) 
                                 --------------------  ------------------ 
                                  Nil                   155,216 ("PSP") 
                                 --------------------  ------------------ 
                                  Nil                   25,606 ("DABP") 
                                 --------------------  ------------------ 
 
 d)   Aggregated information 
--- 
 
      - Aggregated              Duncan Painter - 300,920 
       volume                    Mandy Gradden - 180,822 
 
      - Price                   Nil 
 
 e)   Date of the transaction   8 March 2018 
---  ------------------------  -------------------------------------------- 
 f)   Place of the              London 
       transaction 
---  ------------------------  --------------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHEASDNEEXPEFF

(END) Dow Jones Newswires

March 09, 2018 10:08 ET (15:08 GMT)

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