ContourGlobal PLC Director/PDMR Shareholding (9185V)
13 August 2022 - 1:40AM
UK Regulatory
TIDMGLO
RNS Number : 9185V
ContourGlobal PLC
12 August 2022
ContourGlobal plc
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them in accordance with the Market Abuse
Regulations.
On 11 August 2022, the following deferred bonus awards over
ordinary shares of 1 pence in ContourGlobal plc were granted under
the ContourGlobal plc Long Term Incentive Plan to the following
persons discharging managerial responsibilities:
PDMR No. of shares under Type of Award
Award
Stefan L. Schellinger 18,911 Deferred Bonus Award
structured as a conditional
award of shares
-------------------- -----------------------------
The award is structured as a conditional award of shares and
will ordinarily vest on 1(st) March 2024. Pursuant to the Company's
remuneration policy requiring that any bonus in excess of 50% of
maximum be deferred into shares for a period of two years, the
deferred bonus award represents a deferral of 18.4% of the bonus
amount determined for Mr. Schellinger for the 2021 bonus year.
As previously disclosed, the President & CEO waived his
annual bonus for the 2021 bonus year.
Details of the full notifications received by the Company are
set out below.
Details of the person discharging managerial responsibilities
1 / person closely associated
a) Name Stefan L. Schellinger
------------------------------- -------------------------------------------
Reason for Notification
2
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a) Position/status Chief Financial Officer
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b) Initial notification/Amendment Initial Announcement
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Details of the issuer, emission allowance market participant,
3 auction platform, auctioneer or auction monitor
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a) Name ContourGlobal plc
------------------------------- -------------------------------------------
b) LEI 5493002I3A4J5TFOR115
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Details of the transaction(s): section to be repeated for
4 (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions have
been conducted
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a) Description of the Ordinary Shares of 1 pence each in
financial instrument, ContourGlobal plc
type of instrument
Identification code GB00BF448H58
------------------------------- -------------------------------------------
b) Nature of the transaction Grant of a deferred bonus award under
the ContourGlobal plc Long Term Incentive
Plan. The award is structured as a
conditional award of shares and will
ordinarily vest on 1(st) March 2024.
------------------------------- -------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 18,911
----------
------------------------------- -------------------------------------------
d) Aggregated information
* Aggregated volume Not applicable - single transaction
* Price
------------------------------- -------------------------------------------
e) Date of the transaction 11 August 2022
------------------------------- -------------------------------------------
f) Place of the transaction Outside a trading venue (XOFF)
------------------------------- -------------------------------------------
LDC Nominee Secretary Limited
Company Secretary
12 August 2022
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END
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