Last checked at 15 Jun 2021 16:30
C&C Group plc
('C&C')
2021 Long Term Incentive Plan ('LTIP') Awards
On 15 June 2021, the Company's Executive Directors were granted the following awards under the LTIP, in the form of nil cost options over €0.01 ordinary shares in the Company:
Name | Number of shares
|
David Forde | 377,953 |
Patrick McMahon | 230,058 |
Andrea Pozzi | 204,910 |
1 Number of shares calculated by reference to the closing share price of the day before the date of grant converted into €, being £2.352 (€2.738).
It is intended that the awards will vest subject to the satisfaction of performance metrics based on Earnings per Share, Free Cash Flow and an Environmental metric assessed across the three year performance period FY2022 - FY2024.
No award will vest until the end of the full three year assessment period, and the Executive Directors' awards will then be subject to a further two year holding period.
The details of the performance metrics are expected to be finalised by July and will be confirmed in a separate announcement when finalised and set out in the Company's Annual Report and Accounts for the period ended 28 February 2022.
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | David Forde
| ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (Chief Executive Officer) | ||||
b) | Initial Notification Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850
| ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of options under the C&C 2015 Long Term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Same as c)
| ||||
e) | Date of the transaction | 15/06/2021
| ||||
f) | Place of the transaction | Outside a trading venue
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Patrick McMahon
| ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (Chief Financial Officer) | ||||
b) | Initial Notification Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850
| ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of options under the C&C 2015 Long Term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Same as c)
| ||||
e) | Date of the transaction | 15/06/2021
| ||||
f) | Place of the transaction | Outside a trading venue
| ||||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 (the Market Abuse Regulation) as it forms part of domestic law of the United Kingdom by virtue of the European Union (Withdrawal) Act 2018
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Andrea Pozzi
| ||||
2 | Reason for the notification
| |||||
a) | Position/status | Person discharging managerial responsibilities (Chief Operating Officer) | ||||
b) | Initial Notification Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | C&C Group plc | ||||
b) | LEI | 635400LNUHA2LDXXV850
| ||||
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 | Ordinary Shares of €0.01 each
ISIN: IE00B010DT83 | ||||
b) | Nature of the transaction | Grant of options under the C&C 2015 Long Term Incentive Plan
| ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Same as c)
| ||||
e) | Date of the transaction | 15/06/2021
| ||||
f) | Place of the transaction | Outside a trading venue
| ||||