Exova Group PLC Director/PDMR Shareholding (7534Q)
03 September 2014 - 10:45PM
UK Regulatory
TIDMEXO
RNS Number : 7534Q
Exova Group PLC
03 September 2014
EXOVA GROUP PLC
Notification of transactions of Directors and PDMRs
3 September 2014
On 2 September 2014 existing options ("Options") to acquire
ordinary shares of 1 penceeach ("Shares") in Exova Group plc (the
"Company") at nil cost were exercised by certain persons
discharging managerial responsibilities ("PDMRs") under the Exova
Group plc Additional Share Scheme, as set out in column 3 in the
table below. As set out in the Company's RNS announcement dated 3
June 2014, the Shares to satisfy the Options are being transferred
from the Company's Employee Benefit Trust using Shares provided by
Tabasco BV (a company controlled by Clayton, Dubilier &
Rice).
1. Name 2. Status 3. Number of Shares under Option
exercised
---------------- --------------- ---------------------------------
Ian El-Mokadem Director/PDMR 137,962
---------------- --------------- ---------------------------------
Anne Thorburn Director/PDMR 146,226
================ =============== =================================
In addition, on 2 September 2014 a fully-vested special award
under the Company's Long-Term Incentive Plan over 372,727 Shares
("Special Award") granted to Anne Thorburn on 17 April 2014, as
described in the Company's Prospectus dated 11 April 2014, was
exercised with an aggregate exercise price of GBP1 as follows:
1. Name 2. Status 3. Number of Shares under Special
Award exercised
--------------- --------------- ----------------------------------
Anne Thorburn Director/PDMR 372,727
=============== =============== ==================================
The Shares received by the PDMRs from exercise of the Options
and the Special Award are subject to the same lock-up arrangements
as the other Shares held by the PDMRs and may not be sold before 16
April 2015. The PDMRs are satisfying tax liabilities arising on
exercise from their own resources. Following exercise, the PDMRs
hold the total number of Shares as set out in column 3 below:
1. Name 2. Status 3. Total number of Shares held
---------------- --------------- -------------------------------
Ian El-Mokadem Director/PDMR 1,961,431
---------------- --------------- -------------------------------
Anne Thorburn Director/PDMR 1,378,639
================ =============== ===============================
This notification is made in accordance with DTR 3.1.2
For and on behalf of Exova Group plc
Date: 3 September 2014
Neil MacLennan
Company Secretary
Telephone: 0131 333 8053
This information is provided by RNS
The company news service from the London Stock Exchange
END
RDSUOSURSRAKRAR
Exova (LSE:EXO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Exova (LSE:EXO)
Historical Stock Chart
From Jul 2023 to Jul 2024