29 Sep 2017 13:54
29 September 2017
Cobham plc
LEI 213800A41R9NL49E5632
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
The Company announces that the individuals referred to below have entered into a savings contract with Yorkshire Building Society under which a regular sum will be saved each month for a period of three or five years.
The number of ordinary shares over which each option is held is the number of Ordinary Shares which have an aggregate option price not exceeding the projected proceeds of the savings contract.
In normal circumstances each option will not be capable of being exercised until February 2021 (3 year) and 2023 (5 year).
In accordance with the rules of the SAYE no consideration was paid by the below named individuals for the options granted to them. Each option is subject to and governed by the rules of the SAYE and the legislation relating to the SAYE.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014.
1 |
Name of persons discharging managerial responsibilities ('PDMR') / connected person (if applicable):
| David Lockwood
|
2 | a) Position / status
| Chief Executive Officer
|
| b) Initial notification/amendment | Initial Notification |
3 | Details of the Issuer | Cobham plc
|
4 | Legal Entity Identifier | LEI: 213800A41R9NL49E5632
|
5 | Description of financial instrument
| Cobham plc Ordinary 2.5p shares |
6. | Identification Code | GB00B07KD360 |
7. | Nature of the transaction, for example:
i) grant of an option or performance share plan ('PSP') award by the company; ii) acquisition/disposal of shares on the exercise of an option or vesting of an LTIP or PSP award; iii) acquisition or disposal of shares in other circumstances.
| i) Grant of options to acquire shares under the Cobham plc Sharesave scheme
|
8. | Price per share | 110 pence |
9. | Volume of the transaction | 27,272 shares
|
10. | Aggregated Information | Price x volume= total cost
110 x 27,272 =£29,999.20
|
11. | Date of transaction | 27 September 2017 |
12. | Place of Transaction | Outside a trading venue |
1 |
Name of persons discharging managerial responsibilities ('PDMR') / connected person (if applicable):
| David Mellors
|
2 | c) Position / status
| Chief Financial Officer
|
| d) Initial notification/amendment | Initial Notification |
3 | Details of the Issuer | Cobham plc
|
4 | Legal Entity Identifier | LEI: 213800A41R9NL49E5632
|
5 | Description of financial instrument
| Cobham plc Ordinary 2.5p shares |
6. | Identification Code | GB00B07KD360 |
7. | Nature of the transaction, for example:
i) grant of an option or performance share plan ('PSP') award by the company; ii) acquisition/disposal of shares on the exercise of an option or vesting of an LTIP or PSP award; iii) acquisition or disposal of shares in other circumstances.
| i) Grant of options to acquire shares under the Cobham plc Sharesave scheme
|
8. | Price per share | 110 pence |
9. | Volume of the transaction | 27,272 shares
|
10. | Aggregated Information | Price x volume= total cost
110 x 27,272 = £29,999.20
|
11. | Date of transaction | 27 September 2017 |
12. | Place of Transaction | Outside a trading venue |
1 |
Name of persons discharging managerial responsibilities ('PDMR') / connected person (if applicable):
|
Lyn Colloff
|
2 | e) Position / status
|
Company Secretary
|
| f) Initial notification/amendment | Initial Notification |
3 | Details of the Issuer | Cobham plc
|
4 | Legal Entity Identifier | LEI: 213800A41R9NL49E5632
|
5 | Description of financial instrument
| Cobham plc Ordinary 2.5p shares |
6. | Identification Code | GB00B07KD360 |
7. | Nature of the transaction, for example:
i) grant of an option or performance share plan ('PSP') award by the company; ii) acquisition/disposal of shares on the exercise of an option or vesting of an LTIP or PSP award; iii) acquisition or disposal of shares in other circumstances.
| i) Grant of options to acquire shares under the Cobham plc Sharesave scheme
|
8. | Price per share | 110 pence |
9. | Volume of the transaction | 16,363 shares
|
10. | Aggregated Information | Price x volume= total cost
110 x 16,363 = £17,999.30
|
11. | Date of transaction | 27 September 2017 |
12. | Place of Transaction | Outside a trading venue |
Name of contact and telephone number for queries:
Julian Wais
Director of Investor Relations
01202 857998