ZPG PLC Director/PDMR Shareholding (9307B)
16 January 2018 - 3:46AM
UK Regulatory
TIDMZPG
RNS Number : 9307B
ZPG PLC
15 January 2018
ZPG Plc
(the "Company")
Notification of Transactions of Directors/Persons Discharging
Managerial Responsibility and Connected Persons in accordance with
MAR 19(3)
15 January 2018
The Company announces that on 15 January 2018, having been
approved by the Remuneration Committee, the following Nil Cost
Option to acquire ordinary shares of the Company of GBP0.001 each
("Shares") under the ZPG Plc Value Creation Plan ("VCP") has been
granted to the following person discharging managerial
responsibilities ("PDMR"):
PDMR Position Number of Shares
over which Nil
Cost Option granted
------------------- ------------------- ---------------------
Chief Executive
Alex Chesterman Officer 931,546
------------------- ------------------- ---------------------
The number of Shares over which the Nil Cost Option was granted
has been calculated by reference to the 30-day average share price
following the announcement of the Company's results for the
financial year ending on 30 September 2017 of GBP3.35015.
The Nil Cost Option is subject to the rules of the VCP and will
normally vest depending on performance against Total Shareholder
Return targets. Up to 50% of the number of Shares granted under the
Nil Cost Option will normally vest following the Measurement Date,
as defined under the rules of the VCP, for the financial year
ending on 30 September 2018, with up to the remainder of the number
of Shares granted under the Nil Cost Option vesting following the
Measurement Date for the financial year ending on 30 September
2019.
The last date for exercise shall normally be 30 September 2025.
No dividend or dividend equivalents are payable in respect of the
Nil Cost Option in accordance with the rules of the VCP.
The information set out below is provided in accordance with the
requirements of Article 19(3) of the Market Abuse Regulation:
1 Details of the PDMR / person closely associated
--- ---------------------------------------------------------------------------------------
a) Name Alex Chesterman
--- ------------------------------- ------------------------------------------------------
2 Reason for the notification
--- ---------------------------------------------------------------------------------------
a) Position/status Chief Executive Officer
--- ------------------------------- ------------------------------------------------------
b) Initial notification/Amendment Initial Notification
--- ------------------------------- ------------------------------------------------------
3 Details of the issuer
--- ---------------------------------------------------------------------------------------
a) Name ZPG Plc
--- ------------------------------- ------------------------------------------------------
b) LEI 213800W48XAF3GXE5170
--- ------------------------------- ------------------------------------------------------
4 Details of the transaction(s):
--- ---------------------------------------------------------------------------------------
a) Description of Ordinary shares of GBP0.001
the financial instrument, each
type of instrument ISIN: GB00BMHTHT14
Identification
code
--- ------------------------------- ------------------------------------------------------
b) Nature of the transaction Grant of nil cost share option
over ordinary shares under
the ZPG Plc Value Creation
Plan.
--- ------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------ ----------
GBP3.35015 931,546
------------ ----------
--- ------------------------------- ------------------------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- ------------------------------- ------------------------------------------------------
e) Date of the transaction 15 January 2018
--- ------------------------------- ------------------------------------------------------
f) Place of transaction Outside a trading venue
--- ------------------------------- ------------------------------------------------------
Enquiries:
Ned Staple
General Counsel and Company Secretary
ZPG Plc
The Cooperage
5 Copper Row
London
SE1 2LH
This information is provided by RNS
The company news service from the London Stock Exchange
END
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