S & U PLC Director/PDMR Shareholding (4681K)
11 April 2018 - 12:13AM
UK Regulatory
TIDMSUS
RNS Number : 4681K
S & U PLC
10 April 2018
10 April 2018
S & U PLC ("S&U" or "the Company")
Director/PDMR Shareholding
The Company has granted share options in respect of 5,000
ordinary shares of 12.5p each in S&U to a Director of the
Company under the Company's 2010 Long Term Incentive Plan
("LTIP").
The LTIP option awards were all made on 10 April 2018.
The earliest date the awards will vest is on 10 April 2021 all
at an exercise price of 12.5p each. The vesting of the awards is
subject to each person remaining in employment with the Company for
three years from the date of the award and meeting challenging
performance targets.
The award is as follows:
Name of Number Total Number
Director of ordinary number of ordinary
shares of shares shares
under over which owned
LTIP option options outright
awarded held under
LTIP and
DSOP following
notification
------------ ------------ --------------- -------------
CH Redford 5,000 17,600 11,000
------------ ------------ --------------- -------------
The information set out below is provided in accordance with the
requirements of Article 19(3) of the EU Market Abuse Regulation No
596/2014.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Chris Redford
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Director
--- ------------------------- -------------------------------
b) Initial notification Initial notification
/Amendment
--- ------------------------- -------------------------------
3 Details of the issuer, emission allowance
market participant, auction platform, auctioneer
or auction monitor
--- ----------------------------------------------------------
a) Name S&U PLC
--- ------------------------- -------------------------------
b) LEI 213800QZ1X2A7J64SQ31
--- ------------------------- -------------------------------
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 Share options over Ordinary
the financial shares of 12.5p each
instrument, type
of instrument ISIN : GB0007655037
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of share options in
transaction respect of 5,000 ordinary
shares under the Company's
2010 Long Term Incentive
Share Scheme
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Option Exercise Volume(s)
Price(s)
---------------- ----------
12.5p 5,000
---------------- ----------
--- ------------------------- -------------------------------
d) Aggregated information N/A (Single transaction)
- Aggregated volume
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 10(th) April 2018
--- ------------------------- -------------------------------
f) Place of the transaction Solihull
--- ------------------------- -------------------------------
Enquiries:
Anthony Coombs S&U plc c/o Newgate Communications
Financial Public
Relations
Bob Huxford, James
Ash, Imogen Humphreys Newgate Communications 020 7653 9848
Broker
Adrian Trimmings,
Rishi Shah Peel Hunt LLP 020 7418 8900
This information is provided by RNS
The company news service from the London Stock Exchange
END
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