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Director/PDMR Shareholding

27 Mar 2017 09:00

RNS Number : 5943A
CPL Resources PLC
27 March 2017
 

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 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)

 

1

Details of the person discharging managerial responsibilities/person closely associated

 

a)

Name

 

Mark Buckley

 

 

 

2

Reason for the notification

 

a)

Position/status

 

Chief Financial Officer / PDMR

 

 

 

 

 

b)

Initial Notification Amendment

 

Initial notification

 

 

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

CPL Resources plc

 

b)

LEI

635400MBL7DAGFANI678

 

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 nominal value €0.10 each

 

ISIN: IE0007214426

b)

Nature of the transaction

 

 

a) Extension of the performance period in respect of 75,000 awards previously granted under the 2013 Long Term Incentive Plan. The vesting of these awards remains subject to the satisfaction of performance conditions

 

b) Sale of shares to discharge tax liabilities arising from the vesting of previous LTIP awards

 

 

 

 

 

 

c)

Price(s) and volume(s)

 

a)

 

Price(s)

Volume(s)

N/A

75,000

 

b)

 

Price(s)

Volume(s)

€5.88

58,316

€5.95

1,684

 

 

d)

Aggregated information

- Aggregated volume

- Price

 

 

a) N/A

 

b)

 

Price(s)

Volume(s)

€5.882

60,000

 

 

 

 

 

 

e)

Date of the transaction

 

a) 23rd March 2017

b) 23rd March 2017

 

 

f)

Place of the transaction

 

a) Outside a trading venue

b) Irish Stock Exchange, XDUB

 

 

 

 

g)

Additional Information

 

Following this disclosure, Mr Buckley has the following interests:

 

Shareholding - 52,854

 

LTIP - 100,000 subject to performance criteria

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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