TIDMSDL

RNS Number : 9765C

SDL PLC

21 April 2017

DIRECTOR/PDMR NOTIFICATION

SDL PLC

21 April 2017

SDL PLC

Director/PDMR Notification

SDL PLC (the "Company") makes the following announcement regarding its Directors' participation in the SDL Long Term Incentive Plan 2016.

 
       Details of the person discharging managerial 
        responsibilities/person closely associated 
  1 
----  ------------------------------------------------------------------------------------------ 
 a)    Name                               Adolfo Hernandez 
----  ---------------------------------  ------------------------------------------------------- 
 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                               SDL PLC 
----  ---------------------------------  ------------------------------------------------------- 
 b)    LEI                                213800OF4AGCOPWAL341 
----  ---------------------------------  ------------------------------------------------------- 
 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 each 
        the financial                      in SDL PLC 
        instrument, type 
        of instrument 
                                           ISIN GB0009376368 
        Identification 
        code 
----  ---------------------------------  ------------------------------------------------------- 
 b)    Nature of the                      LTIP awarded under the SDL Long 
        transaction                        Term Incentive Plan 2016 that 
                                           was approved by shareholders at 
                                           the Company's Annual General Meeting 
                                           on 28 April 2016. Performance 
                                           conditions and holding period 
                                           applies. 
----  ---------------------------------  ------------------------------------------------------- 
 c)    Price(s) and                       Price(s)              Volume(s) 
        volume(s) 
----  ---------------------------------  --------------------  --------------------------------- 
    N/A                                                         222,025 
  --------------------                                         --------------------------------- 
 
 d)         Aggregated information        Price                Aggregated    Aggregate 
                                                               volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  ---------------------------------  -------------------  ------------  -------------------- 
 
 e)    Date of the transaction            18 April 2017 
----  ---------------------------------  ------------------------------------------------------- 
 f)    Place of the 
        transaction 
----  -------------------------------------------------------  --------------------------------- 
 
 
 
       Details of the person discharging managerial 
        responsibilities/person closely associated 
  1 
----  ------------------------------------------------------------------------------------------ 
 a)    Name                               Dominic Lavelle 
----  ---------------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
----  ------------------------------------------------------------------------------------------ 
 a)    Position/status                    Chief Financial Officer 
----  ---------------------------------  ------------------------------------------------------- 
 b)    Initial notification/              Initial notification 
        Amendment 
----  ---------------------------------  ------------------------------------------------------- 
 3     Details of the issuer, emission allowance market 
        participant, auction platform, auctioneer or 
        auction monitor 
----  ------------------------------------------------------------------------------------------ 
 a)    Name                               SDL PLC 
----  ---------------------------------  ------------------------------------------------------- 
 b)    LEI                                213800OF4AGCOPWAL341 
----  ---------------------------------  ------------------------------------------------------- 
 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 each 
        the financial                      in SLD PLC 
        instrument, type 
        of instrument 
                                           ISIN GB0009376368 
        Identification 
        code 
----  ---------------------------------  ------------------------------------------------------- 
 b)    Nature of the                      LTIP awarded under the SDL Long 
        transaction                        Term Incentive Plan 2016 that 
                                           was approved by shareholders at 
                                           the Company's Annual General Meeting 
                                           on 28 April 2016. Performance 
                                           conditions and holding period 
                                           applies. 
----  ---------------------------------  ------------------------------------------------------- 
 c)    Price(s) and                       Price(s)              Volume(s) 
        volume(s) 
----  ---------------------------------  --------------------  --------------------------------- 
   N/A                                                          68,828 
  --------------------                                         --------------------------------- 
 
 d)         Aggregated information        Price                Aggregated    Aggregate 
                                                               volume         total 
              *    Aggregated volume 
 
 
 
              *    Price 
----  ---------------------------------  -------------------  ------------  -------------------- 
 
 e)    Date of the transaction            18 April 2017 
----  ---------------------------------  ------------------------------------------------------- 
 f)    Place of the 
        transaction 
----  -------------------------------------------------------  ---------------------------------

This announcement is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure Guidance and Transparency Rules.

Person responsible for arranging the release of this announcement:

Pamela Pickering

Company Secretary

SDL PLC

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 21, 2017 04:33 ET (08:33 GMT)

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