ContourGlobal PLC Director/PDMR Shareholding (3703E)
07 July 2021 - 3:32AM
UK Regulatory
TIDMGLO
RNS Number : 3703E
ContourGlobal PLC
06 July 2021
ContourGlobal plc
Notification of transactions by persons discharging managerial
responsibilities or persons closely associated with them in
accordance with the Market Abuse Regulations.
On 28 June 2021, the Performance Share Award granted on 28 June
2018 to Joseph C. Brandt under the Company's Long Term Incentive
Plan ('LTIP') vested over such number of shares in the Company as
set out in the table below. A number of shares were subsequently
sold to satisfy Joseph C. Brandt's taxation and withholding
obligations, again as set out in the table below. The remaining
shares held by Joseph C. Brandt are subject to a two-year
post-vesting holding period.
PDMR Number Number Number of Total number Shares sold Number
of shares of shares dividend of shares on 6 July of shares
under award vested equivalent acquired 2021 to retained
granted on 28 June shares on cover relevant following
on 28 June 2021* vested LTIP tax and sale
2018 award withholding
liabilities
Joseph
C. Brandt 391,646 213,055 44,650 257,705 117,801 139,904
------------- ------------ ------------- ------------- ---------------- -----------
* The number of shares vested was based on the Company achieving
54.4 per cent of the performance target relating to the LTIP.
Details of the full notifications received by the Company are
set out below.
Acquisition of shares
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Joseph C. Brandt
------------------------------- ---------------------------------------------------
2 Reason for Notification
------------------------------------------------------------------------------------
a) Position/status President and Chief Executive Officer
------------------------------- ---------------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- ---------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
------------------------------------------------------------------------------------
a) Name ContourGlobal plc
------------------------------- ---------------------------------------------------
b) LEI 5493002I3A4J5TFOR115
------------------------------- ---------------------------------------------------
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 the financial Ordinary Shares of 1 pence each in
instrument, type of ContourGlobal plc
instrument
Identification code GB00BF448H58
------------------------------- ---------------------------------------------------
b) Nature of the transaction Acquisition of ordinary shares pursuant
to the vesting of a Performance Share
Award under the ContourGlobal plc Long
Term Incentive Plan.
------------------------------- ---------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP0.00 257,705
----------
------------------------------- ---------------------------------------------------
d) Aggregated information
* Aggregated volume 257,705
GBP0.00
* Price
------------------------------- ---------------------------------------------------
e) Date of the transaction 2021-06-28
------------------------------- ---------------------------------------------------
f) Place of the transaction Outside a trading venue (XOFF)
------------------------------- ---------------------------------------------------
Sale of Shares
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Joseph C. Brandt
------------------------------- -----------------------------------------------------
2 Reason for Notification
--------------------------------------------------------------------------------------
a) Position/status President and Chief Executive Officer
------------------------------- -----------------------------------------------------
b) Initial notification/Amendment Initial Announcement
------------------------------- -----------------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
--------------------------------------------------------------------------------------
a) Name ContourGlobal plc
------------------------------- -----------------------------------------------------
b) LEI 5493002I3A4J5TFOR115
------------------------------- -----------------------------------------------------
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 the financial Ordinary Shares of 1 pence each in
instrument, type of ContourGlobal plc
instrument
Identification code GB00BF448H58
------------------------------- -----------------------------------------------------
b) Nature of the transaction Sale of ordinary shares to cover the
relevant tax and withholding liabilities
following the vesting
(on 28 June 2021) of the Performance
Share Award under the ContourGlobal
plc Long Term Incentive Plan.
------------------------------- -----------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP 1.954179 117,801
----------
------------------------------- -----------------------------------------------------
d) Aggregated information
* Aggregated volume 117,801
GBP 1.954179
* Price
------------------------------- -----------------------------------------------------
e) Date of the transaction 2021-07-06
------------------------------- -----------------------------------------------------
f) Place of the transaction Outside a trading venue (XOFF)
------------------------------- -----------------------------------------------------
Thema Salandy
On behalf of Link Company Matters Limited
Company Secretary
6 July 2021
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END
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