Last checked at 30 Apr 2020 07:00
Centaur Media plc
Incorporated in England and Wales
Registration number: 04948078
LEI: 2138005WK87G7DQRQI62
ISIN: GB0034291418
30 April 2020
Centaur Media Plc
("the Company")
Notification of Transactions by Director/PDMR following Exercise of Long-Term Incentive Plan Awards.
Substantial proportion of shares retained by Directors and both PDMRs and non-PDMRs, demonstrating underlying confidence in Centaur.
In accordance with DTR 3.1 and Article 19 of The Market Abuse Regulation, the Company was advised on 29 April 2020 that Swag Mukerji, Chief Executive Officer, and Steve Newbold and Andy Baker, who are considered to be Persons Discharging Managerial Responsibility, exercised nil cost options under the Company's Long Term Incentive Plan ('LTIP') on 28 April 2020 and sold sufficient shares at a price of £0.22p to settle their income tax and national insurance liabilities.
Name of PDMR | Total number of shares acquired on exercise of LTIP award(s) | Exercise price | Number of shares sold at 22p to satisfy Tax and NI liabilities | Number of shares retained |
Swag Mukerji | 274,273 | Nil cost | (129,167) | 145,106 |
Steve Newbold | 234,502 | Nil cost | (110,437) | 124,065 |
Andy Baker | 50,607 | Nil cost | (23,833) | 26,774 |
Swag Mukerji, Chief Executive Officer, commented:
"The Directors, PDMRs and non PDMRs have exercised c.1.35m shares in total, of which c.0.56m were exercised by Directors/PDMRs and 0.79m by current and past employees who are not PDMRs. It is pleasing to note that holders of 97% of the exercised shares have retained their shares, only selling sufficient shares to pay their income tax and national insurance liabilities. This shows an underlying confidence in the Company in these uncertain times."
This notification is made in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | Name | Swag Mukerji | ||||||||
b) | Position / status | Chief Executive Officer | ||||||||
c) | Initial notification / amendment | Initial notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | Centaur Media plc | ||||||||
b) | Legal Entity Identifier code | 2138005WK87G7DQRQI62 | ||||||||
3. | 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 and identification code
| Ordinary shares of £0.10 each
ISIN: GB0034291418 | ||||||||
b) | Nature of the transaction
| Acquisition following exercise of LTIP Award | ||||||||
c)
| Price(s) and volume(s)
|
Note: this was a single transaction.
| ||||||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction.
| ||||||||
e) | Date of the transaction
| 28 April 2020 exercise of nil cost award
| ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | Name | Swag Mukerji | ||||||||
b) | Position / status | Chief Executive Officer | ||||||||
c) | Initial notification / amendment | Initial notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | Centaur Media plc | ||||||||
b) | Legal Entity Identifier code | 2138005WK87G7DQRQI62 | ||||||||
3. | 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 and identification code
| Ordinary shares of £0.10 each
ISIN: GB0034291418 | ||||||||
b) | Nature of the transaction
| Sale of shares to satisfy income tax and national insurance liabilities.
| ||||||||
c)
| Price(s) and volume(s)
|
Note: this was a single transaction.
| ||||||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction.
| ||||||||
e) | Date of the transaction
| 28 April 2020 | ||||||||
f) | Place of the transaction | London Stock Exchange XLON | ||||||||
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | Name | Steve Newbold | ||||||||
b) | Position / status | Group Managing Director Xeim | ||||||||
c) | Initial notification / amendment | Initial notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | Centaur Media plc | ||||||||
b) | Legal Entity Identifier code | 2138005WK87G7DQRQI62 | ||||||||
3. | 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 and identification code
| Ordinary shares of £0.10 each
ISIN: GB0034291418 | ||||||||
b) | Nature of the transaction
| Acquisition following exercise of LTIP Award.
| ||||||||
c)
| Price(s) and volume(s)
|
Note: this was a single transaction.
| ||||||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction.
| ||||||||
e) | Date of the transaction
| 28 April 2020 exercise of nil cost award
| ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | Name | Steve Newbold | ||||||||
b) | Position / status | Group Managing Director Xeim | ||||||||
c) | Initial notification / amendment | Initial notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | Centaur Media plc | ||||||||
b) | Legal Entity Identifier code | 2138005WK87G7DQRQI62 | ||||||||
3. | 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 and identification code
| Ordinary shares of £0.10 each
ISIN: GB0034291418 | ||||||||
b) | Nature of the transaction
| Sale of shares to satisfy income tax and national insurance liabilities.
| ||||||||
c)
| Price(s) and volume(s)
|
Note: this was a single transaction.
| ||||||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction.
| ||||||||
e) | Date of the transaction
| 28 April 2020 | ||||||||
f) | Place of the transaction | London Stock Exchange XLON | ||||||||
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | Name | Andy Baker | ||||||||
b) | Position / status | Managing Director The Lawyer | ||||||||
c) | Initial notification / amendment | Initial notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | Centaur Media plc | ||||||||
b) | Legal Entity Identifier code | 2138005WK87G7DQRQI62 | ||||||||
3. | 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 and identification code
| Ordinary shares of £0.10 each
ISIN: GB0034291418 | ||||||||
b) | Nature of the transaction
| Acquisition following exercise of LTIP. | ||||||||
c)
| Price(s) and volume(s)
|
Note: this was a single transaction.
| ||||||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction.
| ||||||||
e) | Date of the transaction
| 28 April 2020 exercise of nil cost award
| ||||||||
f) | Place of the transaction | Outside a trading venue | ||||||||
1. | Details of PDMR / person closely associated with them ('CAP') | |||||||||
a) | Name | Andy Baker | ||||||||
b) | Position / status | Managing Director The Lawyer | ||||||||
c) | Initial notification / amendment | Initial notification | ||||||||
2. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||||
a) | Full name of the entity | Centaur Media plc | ||||||||
b) | Legal Entity Identifier code | 2138005WK87G7DQRQI62 | ||||||||
3. | 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 and identification code
| Ordinary shares of £0.10 each
ISIN: GB0034291418 | ||||||||
b) | Nature of the transaction
| Sale of shares to satisfy income tax and national insurance liabilities.
| ||||||||
c)
| Price(s) and volume(s)
|
Note: this was a single transaction.
| ||||||||
d) | Aggregated information Aggregated volume Price
| Not applicable - single transaction.
| ||||||||
e) | Date of the transaction
| 28 April 2020 | ||||||||
f) | Place of the transaction | London Stock Exchange XLON | ||||||||
Helen Silver
Company Secretary
0207 970 4000