Headlam Group PLC Director/PDMR Shareholding (3696K)
07 July 2017 - 12:44AM
UK Regulatory
TIDMHEAD
RNS Number : 3696K
Headlam Group PLC
06 July 2017
6 July 2017
Headlam Group plc
(the 'Company')
Grant of awards under the Company's 2017 Performance Share Plan
('PSP')
On 5 July 2017 Headlam Group plc granted awards in the form of
nil-cost options over a total of 177,197 ordinary shares ('Ordinary
Shares') under the Company's 2017 PSP, of which 134,127 were
granted to the following Directors:
Number of Ordinary Shares
Director over which award granted
--------------------- --------------------------
Steve Wilson (Chief
Executive) 70,789
Tony Judge (Chief
Operating Officer) 63,338
--------------------- --------------------------
Each award has been granted subject to performance conditions
based on: (1) compound annual growth in Earnings Per Share over a
three year performance period starting with 2017 (as regards 80% of
the Ordinary Shares subject to the award); and (2) the Company's
Total Shareholder Return ("TSR") over that performance period
relative to the TSRs of the constituents of the FTSE SmallCap Index
(excluding investment trusts) (as regards 20% of the Ordinary
Shares subject to the award). Each award is subject to a further
performance condition that the extent of vesting reflects the
overall financial performance of the Company over the performance
period.
Each award will, ordinarily, vest on the date on which the
Company's Remuneration Committee determines the extent to which the
performance conditions have been satisfied.
Each award will be released so that the participant is entitled
to acquire the vested Ordinary Shares following the end of a
holding period which shall end on the second anniversary of the
vesting date.
Notification and public disclosure of transactions by PDMRs and
persons closely associated with them
1. Details of PDMR / person closely associated
with them ("PCA")
--- ------------------------------------------------------------
a) Name Steve Wilson
--- --------------------- -------------------------------------
2. Reason for the notification
--- ------------------------------------------------------------
a) Position / Chief Executive
status
--- --------------------- -------------------------------------
b) Initial notification Initial notification
/ amendment
--- --------------------- -------------------------------------
3. Details of the issuer
--- ------------------------------------------------------------
a) Name Headlam Group plc
--- --------------------- -------------------------------------
b) LEI 213800I4AZZUJEYX9O90
--- --------------------- -------------------------------------
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 GBP0.05 each.
of the financial
instrument,
type of instrument
--- --------------------- -------------------------------------
b) Identification ISIN: GB0004170089
code
--- --------------------- -------------------------------------
c) Nature of Grant of nil-cost options over
the transaction Ordinary Shares under the Company's
2017 Performance Share Plan
--- --------------------- -------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
N/A 70,789
---------- ----------
--- --------------------- -------------------------------------
e) Aggregated N/A
information
* Volume
* Price
--- --------------------- -------------------------------------
f) Date of the 5 July 2017
transaction
--- --------------------- -------------------------------------
g) Place of the Outside a trading venue
transaction
--- --------------------- -------------------------------------
1. Details of PDMR / person closely associated
with them ("PCA")
--- ------------------------------------------------------------
a) Name Tony Judge
--- --------------------- -------------------------------------
2. Reason for the notification
--- ------------------------------------------------------------
a) Position / Chief Operating Officer
status
--- --------------------- -------------------------------------
b) Initial notification Initial notification
/ amendment
--- --------------------- -------------------------------------
3. Details of the issuer
--- ------------------------------------------------------------
a) Name Headlam Group plc
--- --------------------- -------------------------------------
b) LEI 213800I4AZZUJEYX9O90
--- --------------------- -------------------------------------
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 GBP0.05 each.
of the financial
instrument,
type of instrument
--- --------------------- -------------------------------------
b) Identification ISIN: GB0004170089
code
--- --------------------- -------------------------------------
c) Nature of Grant of nil-cost options over
the transaction Ordinary Shares under the Company's
2017 Performance Share Plan
--- --------------------- -------------------------------------
d) Price(s) and Price(s) Volume(s)
volume(s) ---------- ----------
N/A 63,338
---------- ----------
--- --------------------- -------------------------------------
e) Aggregated N/A
information
* Volume
* Price
--- --------------------- -------------------------------------
f) Date of the 5 July 2017
transaction
--- --------------------- -------------------------------------
g) Place of the Outside a trading venue
transaction
--- --------------------- -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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