Sign In
Last checked at 
4 Nov 2020 14:15
C&C Group plc
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
On 3 November 2020, the Company approved the grant to David Forde of two awards in the form of nil-cost options over ordinary shares in the Company. These awards are compensation for remuneration arrangements forfeited by David Forde on leaving his previous employer and were agreed as part of his recruitment package, as announced on 9 July 2020.
Buy-Out Award | Number of Shares | Vesting Date |
Buy-Out Award 1 | 421,318 | 3 November 2022 |
Buy-Out Award 2 | 421,318 | 3 November 2023 |
The share price used to calculate the number of awards was the mid-market closing price on the dealing day prior to grant (2 November 2020). The awards will vest on the dates provided above, subject to Mr Forde's continued service with the Company.
The awards have been granted in reliance on FCA Listing Rule 9.4.2(2). As noted in the announcement of 9 July, the full terms of Mr Forde's remuneration package will be included in the Company's Directors' Remuneration Report for the year ending in 2021.
Contact
Mark Chilton, Company Secretary
C&C Group plc
Bulmers House
Keeper Road
Crumlin
Dublin 12
D12 K702
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 | Ordinary Shares of €0.01 each | ||||||
Identification code | ISIN: IE00B010DT83 | |||||||
b) | Nature of the transaction | Grant of options to acquire Ordinary Shares of €0.01 each | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information
- Aggregated volume
- Price |
842,636
Nil
| ||||||
e) | Date of the transaction | 3 November 2020 | ||||||
f) | Place of the transaction | Outside a trading venue | ||||||
Follow the stocks
