Workspace Group PLC Director/PDMR Shareholding (3833D)
25 June 2019 - 11:46PM
UK Regulatory
TIDMWKP
RNS Number : 3833D
Workspace Group PLC
25 June 2019
Workspace Group PLC (the "Company")
Director/PDMR Shareholding
25 June 2019
Workspace Group PLC announces that on 25 June 2019 it was
notified that each of Graham Clemett, Angus Boag, Chris Pieroni and
John Robson (each a person discharging managerial responsibility
for the Company, together the "PDMRs") had disposed of a number of
ordinary shares of GBP1.00 each in the capital of the Company
("Ordinary Shares") in order to satisfy income tax and national
insurance liabilities (and associated costs) arising on the vesting
of awards under the Workspace Group PLC Long Term Equity Incentive
Plan 2008. An announcement detailing the vesting of awards granted
under the Workspace Group PLC Long Term Equity Incentive Plan 2008
was released on 24 June 2019.
Following the vesting and subsequent sale of sufficient Ordinary
Shares to satisfy income tax and national insurance liabilities
(and associated costs), each of the PDMRs (with the exception of
Mr. Robson, who was not a member of the Executive Committee at the
time the relevant award was granted), is required to retain the
balance of Ordinary Shares arising on vesting for 12 months from 23
June 2019. These are listed as follows:
Graham Clemett: 18,383 Ordinary Shares
Angus Boag: 16,551 Ordinary Shares
Chris Pieroni: 16,551 Ordinary Shares
John Robson: 3,615 Ordinary Shares
The notifications set out below are provided in accordance with
the requirements of the EU Market Abuse Regulation.
1. Details of PDMR/person closely associated with them ('PCA')
========================================================================
a) Name Graham Clemett
=== ======================== ==============================================
2. Reason for the notification
=== ========================================================================
a) Position/status Interim CEO and 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 Workspace Group PLC
=== ======================== ==============================================
b) LEI 2138003GUZRFIN3UT430
=== ======================== ==============================================
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 transaction(s)
has been conducted
=== ========================================================================
a) Description of Ordinary shares of GBP1.00 each
the financial ISIN: GB00B67G5X01
instrument
=== ======================== ==============================================
b) Nature of the Sale of 16,633 Ordinary Shares to satisfy tax
transaction and national insurance liabilities.
=== ======================== ==============================================
c) Price(s) and Price(s) Volume(s)
volume(s) 8.887102p 16,633 shares
--------------
=== ======================== ==============================================
d) Aggregated information N/A
=== ======================== ==============================================
e) Date of the transaction 25 June 2019
=== ======================== ==============================================
f) Place of the London Stock Exchange, Main Market (XLON)
transaction
=== ======================== ==============================================
1. Details of PDMR/person closely associated with them ('PCA')
========================================================================
a) Name Angus Boag
=== ======================== ==============================================
2. Reason for the notification
=== ========================================================================
a) Position/status Development Director
=== ======================== ==============================================
b) Initial notification/ Initial notification
amendment
=== ======================== ==============================================
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
=== ========================================================================
a) Name Workspace Group PLC
=== ======================== ==============================================
b) LEI 2138003GUZRFIN3UT430
=== ======================== ==============================================
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 transaction(s)
has been conducted
=== ========================================================================
a) Description of Ordinary shares of GBP1.00 each
the financial ISIN: GB00B67G5X01
instrument
=== ======================== ==============================================
b) Nature of the Sale of 14,975 Ordinary Shares to satisfy tax
transaction and national insurance liabilities.
=== ======================== ==============================================
c) Price(s) and Price(s) Volume(s)
volume(s) 8.887102p 14,975 shares
--------------
=== ======================== ==============================================
d) Aggregated information N/A
=== ======================== ==============================================
e) Date of the transaction 25 June 2019
=== ======================== ==============================================
f) Place of the London Stock Exchange, Main Market (XLON)
transaction
=== ======================== ==============================================
1. Details of PDMR/person closely associated with them ('PCA')
========================================================================
a) Name Chris Pieroni
=== ======================== ==============================================
2. Reason for the notification
=== ========================================================================
a) Position/status Operations Director
=== ======================== ==============================================
b) Initial notification/ Initial notification
amendment
=== ======================== ==============================================
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
=== ========================================================================
a) Name Workspace Group PLC
=== ======================== ==============================================
b) LEI 2138003GUZRFIN3UT430
=== ======================== ==============================================
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 transaction(s)
has been conducted
=== ========================================================================
a) Description of Ordinary shares of GBP1.00 each
the financial ISIN: GB00B67G5X01
instrument
=== ======================== ==============================================
b) Nature of the Sale of 14,975 Ordinary Shares to satisfy tax
transaction and national insurance liabilities.
=== ======================== ==============================================
c) Price(s) and Price(s) Volume(s)
volume(s) 8.887102p 14,975 shares
--------------
=== ======================== ==============================================
d) Aggregated information N/A
=== ======================== ==============================================
e) Date of the transaction 25 June 2019
=== ======================== ==============================================
f) Place of the London Stock Exchange, Main Market (XLON)
transaction
=== ======================== ==============================================
1. Details of PDMR/person closely associated with them ('PCA')
=======================================================================
a) Name John Robson
=== ======================== =============================================
2. Reason for the notification
=== =======================================================================
a) Position/status Asset Management Director
=== ======================== =============================================
b) Initial notification/ Initial notification
amendment
=== ======================== =============================================
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
=== =======================================================================
a) Name Workspace Group PLC
=== ======================== =============================================
b) LEI 2138003GUZRFIN3UT430
=== ======================== =============================================
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 transaction(s)
has been conducted
=== =======================================================================
a) Description of Ordinary shares of GBP1.00 each
the financial ISIN: GB00B67G5X01
instrument
=== ======================== =============================================
b) Nature of the Sale of 3,272 Ordinary Shares to satisfy tax
transaction and national insurance liabilities.
=== ======================== =============================================
c) Price(s) and Price(s) Volume(s)
volume(s) 8.887102p 3,272 shares
-------------
=== ======================== =============================================
d) Aggregated information N/A
=== ======================== =============================================
e) Date of the transaction 25 June 2019
=== ======================== =============================================
f) Place of the London Stock Exchange, Main Market (XLON)
transaction
=== ======================== =============================================
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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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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