RPC Group PLC Director/PDMR Shareholding (9460L)
25 July 2017 - 2:45AM
UK Regulatory
TIDMRPC
RNS Number : 9460L
RPC Group PLC
24 July 2017
RPC Group Plc
DIRECTOR/PDMR SHAREHOLDING
RPC Group Plc announces that Pim Vervaat and Simon Kesterton,
both being directors and persons discharging managerial
responsibilities ('Directors') as detailed below, have exercised
awards over ordinary shares in the Company ('Ordinary Shares') in
accordance with the terms of the RPC Group Plc Deferred Bonus Plan
(the 'DBP') and the RPC Group Plc Performance Share Plan (the
'PSP')
Awards over shares in the DBP and PSP vested on 4 June 2017 and
16 July 2017 respectively and were exercised for nil consideration
by the Directors on 24 July 2017.
The exercise of the awards was satisfied out of the Ordinary
Shares held in the RPC Group Plc Employee Share Ownership
Trust.
On the same date, 24 July 2017, Pim Vervaat and Simon Kesterton
disposed of a sufficient number of Ordinary Shares at GBP8.8575 per
share, to meet their respective tax liabilities associated with the
exercise of the awards. The balance of the shares received and the
resulting holdings of the Directors following these exercises is
set out below.
Pim Vervaat and Simon Kesterton's total shareholdings of 373,864
and 118,281 equate to a holding of 455% and 268% of salary
respectively.
Since January 2017 Mr Vervaat's holding has increased from
250,000 to 373,864 shares and Mr Kesterton's holding has increased
from 36,079 to 118,281 shares.
Ordinary Ordinary Total Ordinary Total % of
Shares Shares Ordinary Shares Ordinary Ordinary
exercised exercised Shares sold Shares Share
Director under under exercised for taxes held Capital
DBP PSP
------------- ----------- ----------- ----------- ----------- ---------- ----------
Pim Vervaat 48,422 124,193 172,615 83,751 373,864 0.09%
------------- ----------- ----------- ----------- ----------- ---------- ----------
Simon
Kesterton 32,733 86,483 119,216 56,033 118,281 0.02%
------------- ----------- ----------- ----------- ----------- ---------- ----------
In accordance with its obligations and disclosure requirements
(DTR 3.1.2 and Article 19 of the Market Abuse Regulation), the
Company makes the following disclosure:
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ----------------------------------------------------------------
a) Name PIM VERVAAT
--- -------------------------------- ------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------
a) Position/Status Chief Executive
--- -------------------------------- ------------------------------
b) Initial notification/amendment Initial notification
--- -------------------------------- ------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------------
a) Name RPC Group Plc
--- ---------------------------------- ----------------------------
b) LEI 213800RASBUP2MGA8H34
--- ---------------------------------- ----------------------------
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 Nil-cost option to acquire
instrument, type of instrument ordinary shares of 5p
and identification code under the Deferred Bonus
Plan
--- ---------------------------------- ----------------------------
b) Nature of the transaction Exercise of nil-cost
option to acquire ordinary
shares of 5p under the
Deferred Bonus Plan
--- ---------------------------------- ----------------------------
c) Price(s) and volume (s) Price (s) Volume (s)
Nil-cost 48,422
--- ---------------------------------- ----------------------------
d) Aggregated information Price: Nil-cost
Volume: 48,422
--- ---------------------------------- ----------------------------
e) Date of the transaction 24 July 2017
--- ---------------------------------- ----------------------------
f) Place of the transaction Outside a trading venue
--- ---------------------------------- ----------------------------
a) Description of the financial Nil-cost option to acquire
instrument, type of ordinary shares of 5p
instrument and identification under the Deferred Bonus
code Plan
--- ------------------------------- ---------------------------
b) Nature of the transaction Sale of ordinary shares
following exercise of
nil-cost option under
the Deferred Bonus Plan
to meet tax liabilities
--- ------------------------------- ---------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) GBP8.8575 23,480
--- ------------------------------- ---------------------------
d) Aggregated information Price: GBP8.8575
Volume: 23,480
--- ------------------------------- ---------------------------
e) Date of the transaction 24 July 2017
--- ------------------------------- ---------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ---------------------------
a) Description of the financial Nil-cost option to
instrument, type of acquire ordinary shares
instrument and identification of 5p under the Performance
code Share Plan 2008
--- ------------------------------- -----------------------------
b) Nature of the transaction Exercise of nil-cost
option to acquire ordinary
shares of 5p under
the Performance Share
Plan 2008
--- ------------------------------- -----------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) Nil-cost 124,193
--- ------------------------------- -----------------------------
d) Aggregated information Price: Nil-cost
Volume: 124,193
--- ------------------------------- -----------------------------
e) Date of the transaction 24 July 2017
--- ------------------------------- -----------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- -----------------------------
a) Description of the financial Nil-cost option to acquire
instrument, type of ordinary shares of 5p
instrument and identification under the Performance
code Share Plan 2008
--- ------------------------------- ---------------------------
b) Nature of the transaction Sale of ordinary shares
following exercise of
nil-cost option under
the Performance Share
Plan 2008 to meet tax
liabilities
--- ------------------------------- ---------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) GBP8.8575 60,271
--- ------------------------------- ---------------------------
d) Aggregated information Price: GBP8.8575
Volume: 60,271
--- ------------------------------- ---------------------------
e) Date of the transaction 24 July 2017
--- ------------------------------- ---------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ---------------------------
1 Details of the person discharging managerial
responsibilities/person closely associated
--- ---------------------------------------------------------------
a) Name SIMON KESTERTON
--- ------------------------------- ------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------
a) Position/Status CFO
--- ------------------------------- ------------------------------
b) Initial notification/amendment Initial notification
--- ------------------------------- ------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ---------------------------------------------------------------
a) Name RPC Group Plc
--- --------------------------------- ----------------------------
b) LEI 213800RASBUP2MGA8H34
--- --------------------------------- ----------------------------
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 Nil-cost option to
instrument, type of acquire ordinary shares
instrument and identification of 5p under the Deferred
code Bonus Plan
--- --------------------------------- ----------------------------
b) Nature of the transaction Exercise of nil-cost
option to acquire ordinary
shares of 5p under
the Deferred Bonus
Plan
--- --------------------------------- ----------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) Nil-cost 32,733
--- --------------------------------- ----------------------------
d) Aggregated information Price: Nil-cost
Volume: 32,733
--- --------------------------------- ----------------------------
e) Date of the transaction 24 July 2017
--- --------------------------------- ----------------------------
f) Place of the transaction Outside a trading venue
--- --------------------------------- ----------------------------
a) Description of the financial Nil-cost option to acquire
instrument, type of ordinary shares of 5p
instrument and identification under the Deferred Bonus
code Plan
--- ------------------------------- ---------------------------
b) Nature of the transaction Sale of ordinary shares
following exercise of
nil-cost option under
the Deferred Bonus Plan
to meet tax liabilities
--- ------------------------------- ---------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) GBP8.8575 15,385
--- ------------------------------- ---------------------------
d) Aggregated information Price: GBP8.8575
Volume: 15,385
--- ------------------------------- ---------------------------
e) Date of the transaction 24 July 2017
--- ------------------------------- ---------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ---------------------------
a) Description of the financial Nil-cost option to
instrument, type of acquire ordinary shares
instrument and identification of 5p under the Performance
code Share Plan 2008
--- ------------------------------- -----------------------------
b) Nature of the transaction Exercise of nil-cost
option to acquire ordinary
shares of 5p under
the Performance Share
Plan 2008
--- ------------------------------- -----------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) Nil-cost 86,483
--- ------------------------------- -----------------------------
d) Aggregated information Price: Nil-cost
Volume: 86,483
--- ------------------------------- -----------------------------
e) Date of the transaction 24 July 2017
--- ------------------------------- -----------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- -----------------------------
a) Description of the financial Nil-cost option to acquire
instrument, type of ordinary shares of 5p
instrument and identification under the Performance
code Share Plan 2008
--- ------------------------------- ---------------------------
b) Nature of the transaction Sale of ordinary shares
following exercise of
nil-cost option under
the Performance Share
Plan 2008 to meet tax
liabilities
--- ------------------------------- ---------------------------
c) Price(s) and volume Price (s) Volume (s)
(s) GBP8.8575 40,648
--- ------------------------------- ---------------------------
d) Aggregated information Price: GBP8.8575
Volume: 40,648
--- ------------------------------- ---------------------------
e) Date of the transaction 24 July 2017
--- ------------------------------- ---------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------- ---------------------------
Enquiries:
Nick Giles
Company Secretary
Tel: +44 (0) 1933 410064
This information is provided by RNS
The company news service from the London Stock Exchange
END
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