PureCircle Limited PDMR Notification (8781M)
11 January 2019 - 8:20PM
UK Regulatory
TIDMPURE
RNS Number : 8781M
PureCircle Limited
11 January 2019
PureCircle Limited (the "Company")
Notification of transactions of persons discharging managerial
responsibilities and persons closely associated with them
1 Details of the person discharging managerial responsibilities/person
closely associated
a) Name: Magomet Malsagov
------------------------ -----------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------
a) Position/status: Chief Executive Officer
------------------------ -----------------------------------------------
b) Initial notification Initial notification
/Amendment:
------------------------ -----------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------
a) Name PureCircle Limited
------------------------ -----------------------------------------------
b) LEI 213800K2PU757HGDAW11
------------------------ -----------------------------------------------
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 Restricted Stock Units ("RSUs") over Ordinary
the financial Shares of US$0.10 each in the capital
instrument, type of PureCircle Limited
of instrument
Identification BMG7300G1096
code
------------------------ -----------------------------------------------
b) Nature of the Grant of provisional RSUs, under the Long-Term
transaction Incentive Plan ("LTIP")
Subject to the terms of the Company's
LTIP and achievement of certain group
sales targets, the final RSUs (between
0% and 100% of the provisional RSUs),
will vest equally on 1 November over the
next four years beginning 2019.
------------------------ -----------------------------------------------
c) Price(s) and Price(s) Volume(s)
volume(s)
Nil 183,487
----------
------------------------ -----------------------------------------------
d) Aggregated information
- Aggregated 183,487 RSUs
volume Nil
- Price
------------------------ -----------------------------------------------
e) Date of the transaction 2019-01-10
------------------------ -----------------------------------------------
f) Place of the Outside trading venue
transaction
------------------------ -----------------------------------------------
This announcement is made in accordance with the requirements of
the EU Market Abuse Regulation ("MAR") and the Company confirms
that the PDMR's notification obligations under MAR have also been
satisfied.
Name of officer of issuer responsible for making notification:
Kan Siew Mei
Date of Notification: 11 January 2019
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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January 11, 2019 04:20 ET (09:20 GMT)
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