Hornby PLC Director/PDMR Shareholding (6005S)
22 December 2016 - 8:39PM
UK Regulatory
TIDMHRN
RNS Number : 6005S
Hornby PLC
22 December 2016
HORNBY 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 20 December 2016, the following awards under the new Hornby
Plc Long Term Incentive Plan 2016 (the "LTIP") were made to certain
PDMR of the Company:
PDMR No. of shares under award
---------------- --------------------------
Roger Canham 170,940
---------------- --------------------------
Steve Cooke 2,136,752
---------------- --------------------------
David Mulligan 598,290
---------------- --------------------------
Red Mckay 649,572
---------------- --------------------------
The awards are 'performance share awards' and are structured as
options with an exercise price of 1 pence per share over ordinary
shares of nominal value of 1 pence each.
The awards will ordinarily become exercisable as from the
publication of audited results for the financial year ending 31
March 2019, subject to the grantee's continued service and to the
extent to which performance conditions are satisfied.
Details of the full notifications received by the Company are
set out below.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------
a) Name Roger Canham
--- ------------------------------- ------------------------------------
2 Reason for Notification
--- ---------------------------------------------------------------------
a) Position/status Executive Chairman
--- ------------------------------- ------------------------------------
b) Initial notification/Amendment Initial Announcement
--- ------------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name Hornby Plc
--- ------------------------------- ------------------------------------
b) LEI 549300WP2GJODSTKY488
--- ------------------------------- ------------------------------------
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 1pence
the financial instrument, each in Hornby Plc
type of instrument GB00B01CZ652
Identification
code
--- ------------------------------- ------------------------------------
b) Nature of the transaction Grant of a performance share
award under the Hornby Plc
Long Term Incentive Plan 2016.
The award will ordinarily
become exercisable as from
the publication of audited
results for the financial
year ending 31 March 2019,subject
to continued service and to
the extent to which performance
conditions are satisfied.
The award has an option price
of 1 pence per share, subject
to being waived by the Company.
--- ------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 170,940
---------- ----------
--- ------------------------------- ------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------
e) Date of the transaction 20 December 2016
--- ------------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------
a) Name Steve Cooke
--- ------------------------------- ------------------------------------
2 Reason for Notification
--- ---------------------------------------------------------------------
a) Position/status Chief Executive
--- ------------------------------- ------------------------------------
b) Initial notification/Amendment Initial Announcement
--- ------------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name Hornby Plc
--- ------------------------------- ------------------------------------
b) LEI 549300WP2GJODSTKY488
--- ------------------------------- ------------------------------------
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 1 pence
the financial instrument, each in Hornby Plc
type of instrument GB00B01CZ652
Identification
code
--- ------------------------------- ------------------------------------
b) Nature of the transaction Grant of a performance share
award under the Hornby Plc
Long Term Incentive Plan 2016.
The award will ordinarily
become exercisable as from
the publication of audited
results for the financial
year ending 31 March 2019
subject to continued service
and to the extent to which
performance conditions are
satisfied. The award has an
option price of 1 pence per
share, subject to being waived
by the Company.
--- ------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 2,136,752
---------- ----------
--- ------------------------------- ------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------
e) Date of the transaction 20 December 2016
--- ------------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------
a) Name David Mulligan
--- ------------------------------- ------------------------------------
2 Reason for Notification
--- ---------------------------------------------------------------------
a) Position/status Chief Finance Officer
--- ------------------------------- ------------------------------------
b) Initial notification/Amendment Initial Announcement
--- ------------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name Hornby Plc
--- ------------------------------- ------------------------------------
b) LEI 549300WP2GJODSTKY488
--- ------------------------------- ------------------------------------
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 1 pence
the financial instrument, each in Hornby Plc
type of instrument GB00B01CZ652
Identification
code
--- ------------------------------- ------------------------------------
b) Nature of the transaction Grant of a performance share
award under the Hornby Plc
Long Term Incentive Plan 2016.
The award will ordinarily
become exercisable as from
the publication of audited
results for the financial
year ending 31 March 2019
subject to continued service
and to the extent to which
performance conditions are
satisfied. The award has an
option price of 1 pence per
share, subject to being waived
by the Company.
--- ------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 598,290
---------- ----------
--- ------------------------------- ------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------
e) Date of the transaction 20 December 2016
--- ------------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ------------------------------------
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ---------------------------------------------------------------------
a) Name Red Mckay
--- ------------------------------- ------------------------------------
2 Reason for Notification
--- ---------------------------------------------------------------------
a) Position/status Supply Chain Director
--- ------------------------------- ------------------------------------
b) Initial notification/Amendment Initial Announcement
--- ------------------------------- ------------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------------
a) Name Hornby Plc
--- ------------------------------- ------------------------------------
b) LEI 549300WP2GJODSTKY488
--- ------------------------------- ------------------------------------
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 1 pence
the financial instrument, each in Hornby Plc
type of instrument GB00B01CZ652
Identification
code
--- ------------------------------- ------------------------------------
b) Nature of the transaction Grant of a performance share
award under the Hornby Plc
Long Term Incentive Plan 2016.
The award will ordinarily
become exercisable as from
the publication of audited
results for the financial
year ending 31 March 2019
subject to continued service
and to the extent to which
performance conditions are
satisfied. The award has an
option price of 1 pence per
share, subject to being waived
by the Company.
--- ------------------------------- ------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 649,572
---------- ----------
--- ------------------------------- ------------------------------------
d) Aggregated information Not applicable - single transaction
* Aggregated volume
* Price
--- ------------------------------- ------------------------------------
e) Date of the transaction 20 December 2016
--- ------------------------------- ------------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ------------------------------------
Enquiries:
David Mulligan
Company Secretary
Hornby Plc
Tel: 01843 233500
Numis Securities
Oliver Cardigan (Nomad)
Paul Gillam
Tom Ballard
Tel: 020 7260 1000
22(nd) December, 2016
This information is provided by RNS
The company news service from the London Stock Exchange
END
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