Last checked at 18 Jun 2020 15:50
HENRY BOOT PLC ('the Company')
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them ("PDMRs")
Henry Boot PLC 2015 Long Term Incentive Plan
The Company announces that on 16 June 2020, and subject to the rules of the Henry Boot PLC 2015 Long Term Incentive Plan ("LTIP"), the undernoted PDMRs of the Company exercised their nil cost options over Henry Boot PLC ordinary shares of 10p each in the Company ("Shares") pursuant to the options granted by the Company on 24 April 2017 under the LTIP.
These awards were conditional upon the satisfaction of performance conditions over the three financial years ending 31 December 2019, and following publication of the Annual Results for 2019, these performance share awards have vested as follows for the below PDMRs. No consideration was payable on the vesting of these awards.
PDMR | Number of Shares Vested |
Darren Louis Littlewood | 48,320 |
David Giles Boot | 20,466 |
Simon Alexander Carr | 27,370 |
Nicholas Joseph Duckworth | 30,820 |
Edward James Hutchinson | 7,594 |
Further to the vesting of the LTIP awards, and in accordance with the rules of the LTIP, the above shares have been transferred to the PDMRs by the trustee of the Company's Employee Benefit Trust. Following this transfer, instructions have been given to sell a proportion of the above Shares primarily in order to account for the tax and national insurance liabilities arising on the vesting of the LTIP awards. The number of shares instructed to be sold on behalf of each PDMR are set out below:
PDMR | Number of Shares Instructed to be Sold |
Darren Louis Littlewood | 22,801 |
David Giles Boot | 0 |
Simon Alexander Carr | 12,910 |
Nicholas Joseph Duckworth | 14,537 |
Edward James Hutchinson | 3,582 |
The information contained in the following notifications are disclosed in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | Darren Louis Littlewood
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2 | Reason for the notification
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a) | Position/status | Group Finance Director
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b) | Initial notification/Amendment | Initial Notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | Henry Boot PLC
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b) | LEI | 213800H5873O9TC3XT22
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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
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a) | Description of the financial instrument, type of instrument Identification code |
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b) | Nature of the transaction | Exercise of nil-cost options over ordinary shares under the 2015 LTIP
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c) | Price(s) and volume(s)
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d) | Aggregated information
| N/A | ||||||
e) | Date of the transaction | 16 June 2020
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f) | Place of the transaction | Outside a trading venue
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1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | David Giles Boot
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2 | Reason for the notification
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a) | Position/status | PDMR of the Company
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b) | Initial notification/Amendment | Initial Notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | Henry Boot PLC
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b) | LEI | 213800H5873O9TC3XT22
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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
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a) | Description of the financial instrument, type of instrument Identification code |
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b) | Nature of the transaction | Exercise of nil-cost options over ordinary shares under the 2015 LTIP
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c) | Price(s) and volume(s)
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d) | Aggregated information
| N/A | ||||||
e) | Date of the transaction | 16 June 2020 | ||||||
f) | Place of the transaction | Outside a trading venue
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1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | Simon Alexander Carr
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2 | Reason for the notification
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a) | Position/status | PDMR of the Company
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b) | Initial notification/Amendment | Initial Notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | Henry Boot PLC
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b) | LEI | 213800H5873O9TC3XT22
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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
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a) | Description of the financial instrument, type of instrument Identification code |
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b) | Nature of the transaction | Exercise of nil-cost options over ordinary shares under the 2015 LTIP
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c) | Price(s) and volume(s)
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d) | Aggregated information
| N/A | ||||||
e) | Date of the transaction | 16 June 2020 | ||||||
f) | Place of the transaction | Outside a trading venue
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1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | Nicholas Joseph Duckworth
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2 | Reason for the notification
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a) | Position/status | PDMR of the Company
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b) | Initial notification/Amendment | Initial Notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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a) | Name | Henry Boot PLC
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b) | LEI | 213800H5873O9TC3XT22
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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
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a) | Description of the financial instrument, type of instrument Identification code |
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b) | Nature of the transaction | Exercise of nil-cost options over ordinary shares under the 2015 LTIP
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c) | Price(s) and volume(s)
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d) | Aggregated information
| N/A | ||||||
e) | Date of the transaction | 16 June 2020 | ||||||
f) | Place of the transaction | Outside a trading venue
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1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name | Edward James Hutchinson
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2 | Reason for the notification
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a) | Position/status | PDMR of the Company
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b) | Initial notification/Amendment | Initial Notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||||
a) | Name | Henry Boot PLC
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b) | LEI | 213800H5873O9TC3XT22
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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, type of instrument Identification code |
| ||||||
b) | Nature of the transaction | Exercise of nil-cost options over ordinary shares under the 2015 LTIP
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c) | Price(s) and volume(s)
|
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d) | Aggregated information
| N/A | ||||||
e) | Date of the transaction | 16 June 2020 | ||||||
f) | Place of the transaction | Outside a trading venue
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Enquiries to:
Amy Stanbridge
Company Secretary
Henry Boot PLC
Tel.: 0114 255 5444