RPC Group PLC Director/PDMR Shareholding (3197R)
14 June 2018 - 1:16AM
UK Regulatory
TIDMRPC
RNS Number : 3197R
RPC Group PLC
13 June 2018
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
options over ordinary shares in the Company ('Ordinary Shares') in
accordance with the terms of the RPC Group Plc Deferred Bonus Plan
(the 'DBP').
The options vested on 9 June 2018 and were exercised for nil
consideration by the Directors on 12 June 2018.
The exercise of the options was satisfied out of the Ordinary
Shares held in the RPC Group Plc Employee Share Ownership
Trust.
On the same date, 12 June 2018, both Directors disposed of a
sufficient number of Ordinary Shares at GBP6.967 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, and their connected persons, following
these exercises is set out below.
Pim Vervaat and Simon Kesterton's total shareholdings of 396,000
and 137,806 equate to a holding of 425% and 284% of salaryl
respectively.
Ordinary Ordinary Total Ordinary % of Ordinary
Shares Shares Ordinary Shares Share Capital
exercised sold for Shares held
Director under DBP taxes retained
----------------- ----------- ---------- ----------- --------------- ---------------
Pim Vervaat 36,816 19,518 17,298 396,000 0.10%
----------------- ----------- ---------- ----------- --------------- ---------------
Simon Kesterton 27,713 13,026 14,687 137,806 0.03%
----------------- ----------- ---------- ----------- --------------- ---------------
-- Based on base salaries as at 31 March 2018 and using a share
price of GBP8.0359, being the average share price for the 30 days
to 29 March 2018, being the last working day before 31 March
2018.
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 under
and identification code 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 36,816
--- ------------------------------------- ----------------------------------
d) Aggregated information Price: Nil-cost
Volume: 36,816
--- ------------------------------------- ----------------------------------
e) Date of the transaction 12 June 2018
--- ------------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------------- ----------------------------------
a) Description of the financial Nil-cost option to acquire
instrument, type of instrument ordinary shares of 5p under
and identification code the Deferred Bonus 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 (s) Price (s) Volume (s)
GBP 6.967 19,518
--- -------------------------------- ----------------------------------
d) Aggregated information Price: GBP6.967
Volume: 19,518
--- -------------------------------- ----------------------------------
e) Date of the transaction 12 June 2018
--- -------------------------------- ----------------------------------
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 Finance Director
--- ----------------------------------- ------------------------------------
b) Initial notification/ Initial notification
amendment
--- ----------------------------------- ------------------------------------
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 under
and identification code 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 27,713
--- ------------------------------------- ----------------------------------
d) Aggregated information Price: Nil-cost
Volume: 27,713
--- ------------------------------------- ----------------------------------
e) Date of the transaction 12 June 2018
--- ------------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------------------- ----------------------------------
a) Description of the financial Nil-cost option to acquire
instrument, type of instrument ordinary shares of 5p under
and identification code the Deferred Bonus 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 (s) Price (s) Volume (s)
GBP6.967 13,026
--- -------------------------------- ----------------------------------
d) Aggregated information Price: GBP6.967
Volume: 13,026
--- -------------------------------- ----------------------------------
e) Date of the transaction 12 June 2018
--- -------------------------------- ----------------------------------
f) Place of the transaction Outside a trading venue
--- -------------------------------- ----------------------------------
Enquiries:
Nick Giles
Company Secretary
Tel: +44 (0) 1933 410-064
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END
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