TIDMTMMG
RNS Number : 6115Z
The Mission Marketing Group PLC
20 May 2019
The Mission Marketing Group plc
Vesting of LTIP awards, Director/PDMR dealing and
EBT share dealing
The Mission Marketing Group plc ("themission", "the Company" or
"the Group", AIM: TMMG), announces that, having vested, a total of
363,000 nil-cost options granted under the Group's Long Term
Incentive Plan ("LTIP") in 2016 were exercised by certain of the
Directors and employees of the Company on 20 May 2019.
The exercise of LTIP options gives rise to PAYE and NI
liabilities and, as such, certain Directors and employees sold, in
aggregate, 58,388 ordinary shares of 10 pence each ("Ordinary
Shares") at a price of 77.0p each on 20 May 2019 to meet their tax
liabilities. All of the 58,388 Ordinary Shares sold by these
individuals were bought by The Mission Marketing Group Employee
Benefit Trust ("EBT") at a price of 77.0p each on 20 May 2019.
In addition, Robert Day and Giles Lee, Directors of the Company,
and certain other employees sold, in aggregate, a further 26,500
Ordinary Shares at a price of 77.0p each on 20 May 2019 and the EBT
bought 26,5000 Ordinary Shares at a price of 77.0p each on 20 May
2019.
The exercise of the 363,000 nil-cost options under the LTIP, net
of those Ordinary Shares sold by certain directors and employees as
set out above, has been satisfied by the transfer of 173,094
Ordinary Shares held by the EBT.
The following table sets out details of the Directors' share
dealings and resulting interests in the Company's issued share
capital:
Director Existing LTIP options Shares sold Shares sold Resulting Resulting
interest exercised to EBT to to EBT interest interest
satisfy tax (%)
liabilities
David Morgan 6,147,336 10,000 (4,500) - 6,152,836 7.21%
---------- ------------- ------------- ------------ ---------- ----------
Robert Day 5,153,524 25,000 (11,750) (13,250) 5,153,524 6.04%
---------- ------------- ------------- ------------ ---------- ----------
Dylan Bogg 1,495,490 17,500 - - 1,512,990 1.77%
---------- ------------- ------------- ------------ ---------- ----------
Sue Mullen 1,085,721 10,000 (4,538) - 1,091,183 1.28%
---------- ------------- ------------- ------------ ---------- ----------
Fiona Shepherd 1,003,607 25,000 (11,750) - 1,016,857 1.19%
---------- ------------- ------------- ------------ ---------- ----------
Giles Lee 766,185 25,000 (11,750) (13,250) 766,185 0.90%
---------- ------------- ------------- ------------ ---------- ----------
Peter Fitzwilliam 702,628 12,500 (5,875) - 709,253 0.83%
---------- ------------- ------------- ------------ ---------- ----------
James Clifton 190,249 17,500 (8,225) - 199,524 0.23%
---------- ------------- ------------- ------------ ---------- ----------
Following the transfer of shares from the EBT to the LTIP
awardees, and the subsequent purchase of 189,906 Ordinary Shares by
the EBT, a total of 501,745 Ordinary Shares, representing 0.59
percent of the Company's total voting rights, are held in the
EBT.
This announcement contains inside information for the purposes
of Article 7 of Regulation (EU) No 596/2014. The notification below
provides further detail.
Enquiries:
David Morgan, Chairman
Peter Fitzwilliam, Finance Director
The Mission Marketing Group plc 020 7462 1415
Mark Percy / James Thomas (Corporate
Advisory)
Shore Capital (Nomad and Broker) 020 7408 4090
themission is a network of entrepreneurial marketing
communications Agencies employing over 1,000 people in the UK, Asia
and US, working together to provide Clients with the expertise and
resource to make them more successful in today's dynamic
environment.
www.themission.co.uk
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 David Morgan
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of ordinary shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 10,000 shares
--------------------
77.0p 4,500 shares (sold)
--------------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Robert Day
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 25,000 shares
--------------
77.0p 25,000 shares
(sold)
--------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Dylan Bogg
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 17,500 shares
--------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Sue Mullen
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 10,000 shares
--------------------
77.0p 4,538 shares (sold)
--------------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Fiona Shepherd
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 25,000 shares
--------------
77.0p 11,750 shares
(sold)
--------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Giles Lee
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 25,000 shares
--------------
77.0p 25,000 shares
(sold)
--------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Peter Fitzwilliam
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 12,500 shares
--------------------
77.0p 5,875 shares (sold)
--------------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name James Clifton
---------------------------- -------------------------------------
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 The Mission Marketing Group plc
---------------------------- -------------------------------------
b) LEI 213800L567CF3Z6GPZ03
---------------------------- -------------------------------------
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 instrument, Ordinary shares of 10 pence each
type of instrument
GB00B11FD453
Identification code
---------------------------- -------------------------------------
b) Nature of the transaction Vesting of LTIP awards
Disposal of Ordinary Shares
---------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil cost 17,500 shares
--------------------
77.0p 8,225 shares (sold)
--------------------
---------------------------- -------------------------------------
d) Aggregated information Not Applicable - Single Transaction
- Aggregated volume
- Price
---------------------------- -------------------------------------
e) Date of the transaction 20 May 2019
---------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM Market
(XLON)
---------------------------- -------------------------------------
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
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contact rns@lseg.com or visit www.rns.com.
END
DSHSELFMSFUSEFI
(END) Dow Jones Newswires
May 20, 2019 12:18 ET (16:18 GMT)
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