14 Sep 2017 16:19
14 September 2017
CAPE PLC (the "Company")
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
Exercise of Options and Acceptance of the Offer
The following disclosures, made in accordance with article 19 of the Market Abuse Regulation 596/2014, relate to the vesting and exercise of nil cost options held under the Cape PLC Performance Share Plan and the acceptance of the offer from Altrad UK Limited for the entire issued and to be issued ordinary share capital of the Company (the "Offer") by the below named PDMRs and, where applicable, persons closely associated with them, in respect of their entire shareholding.
Following receipt of notification from the below named PDMRs, and, where applicable, persons closely associated with them, the Company provides notification of the following transactions effected by the PDMRs and, where applicable, persons closely associated with them, on 8 September 2017 and 14 September 2017 respectively, relating to their respective interests in the ordinary shares with nominal value of 25 pence each in the capital of the Company (ISIN: JE00B5SJJD95) ("Shares").
Notification and public disclosure of transactions by PDMRs and persons closely associated with them
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Jane Oatley | |
2. | Reason for the notification | ||
a) | Position/status | Person closely associated with Joe Oatley, Chief Executive / PDMR | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Cape PLC | |
b) | LEI | 213800KZCX5ZT4WT4A91 | |
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 25 pence each ISIN: JE00B5SJJD95 | |
b) | Nature of transaction | Sale of Shares to Altrad UK Limited | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 265 pence
| 123,226 |
d) | Aggregated information - Aggregated volume - Price |
N/A |
N/A |
e) | Date of the transaction | 8 September 2017 | |
f) | Place of the transaction | Outside a trading venue | |
Notification and public disclosure of transactions by PDMRs and persons closely associated with them
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Joe Oatley | |
2. | Reason for the notification | ||
a) | Position/status | Chief Executive / PDMR | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Cape PLC | |
b) | LEI | 213800KZCX5ZT4WT4A91 | |
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 25 pence each ISIN: JE00B5SJJD95 | |
b) | Nature of transaction | Vesting of Shares (as nil cost options) under the Cape PLC Performance Share Plan; Acquisition of vested Shares; and Sale of Shares to Altrad UK Limited | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| Nil Consideration
| 638,293 |
d) | Aggregated information - Aggregated volume - Price |
Nil Consideration
|
638,293 |
e) | Date of the transaction | 14 September 2017 | |
f) | Place of the transaction | The London Stock Exchange (XLON) | |
Notification and public disclosure of transactions by PDMRs and persons closely associated with them
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Michael Speakman | |
2. | Reason for the notification | ||
a) | Position/status | CFO / PDMR | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Cape PLC | |
b) | LEI | 213800KZCX5ZT4WT4A91 | |
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 25 pence each ISIN: JE00B5SJJD95 | |
b) | Nature of transaction | Sale of Shares to Altrad UK Limited | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| 265 pence
| 83,089 |
d) | Aggregated information - Aggregated volume - Price |
N/A
|
N/A |
e) | Date of the transaction | 8 September 2017 | |
f) | Place of the transaction | Outside a trading venue | |
Notification and public disclosure of transactions by PDMRs and persons closely associated with them
1. | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | Michael Speakman | |
2. | Reason for the notification | ||
a) | Position/status | CFO / PDMR | |
b) | Initial notification/Amendment | Initial notification | |
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
a) | Name | Cape PLC | |
b) | LEI | 213800KZCX5ZT4WT4A91 | |
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 25 pence each ISIN: JE00B5SJJD95 | |
b) | Nature of transaction | Vesting of Shares (as nil cost options) under the Cape PLC Performance Share Plan; Acquisition of vested Shares; and Sale of Shares to Altrad UK Limited | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
|
| Nil Consideration
| 474,756 |
d) | Aggregated information - Aggregated volume - Price |
Nil Consideration
|
474,756 |
e) | Date of the transaction | 14 September 2017 | |
f) | Place of the transaction | The London Stock Exchange (XLON) | |