RE: So.....7 Jan 2019 18:50
Fairbourn didn't buy in December (using the ADR's as an excuse as usual for his lateness) & you're correct it is a commitment not an option so where are the January purchases....
From the RNS:
Defined Director Purchase Programme
Andrew Suckling, Kiran Morzaria, Donald Strang and Adrian Fairbourn have all entered into a Defined Director Purchase Programme ("DDPP") in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th January 2019. The market will be notified of the purchases on the next trading day via a PDMR; Directors dealing notification.
The Directors have entered into a DDPP in an open period and under this Programme are therefore committed to the purchase of shares in what otherwise may be a close period. Entering into the DDPP does not preclude the directors from buying additional shares in the Company during open periods.