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Director/PDMR Shareholding

18 Jul 2016 15:23

RNS Number : 4926E
Creston PLC
18 July 2016
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMR AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

The Company has been notified that the following Persons Discharging Managerial Responsibilities ("PDMRs") have been awarded shares under the Company's 2014 - 2016 Long Term Incentive Plan ("LTIP") and have sold some of the underlying Ordinary Shares acquired.

 

The attached notifications, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail.

 

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Barrie Brien

2

Reason for the notification

a)

Position/status

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

Creston Plc

b)

LEI

Pending

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 10 pence each in the Company

 

GB0004440284

b)

Nature of the transaction

 

1. Share award made following the vesting of the Company's 2014 - 2016 Long Term Incentive Plan ("LTIP").

 

2. Shares withheld and to be sold by the Creston plc Employee Benefit Trust on Barrie Brien's behalf in order to satisfy the resultant tax liability.

 

c)

Price(s) and volume(s)

 

Shares awarded:

 

Price

Volume

1.

Nil

13,832

Shares withheld:

 

Price

Volume

2.

Nil

7,391

 

 

 

d)

 

Aggregated information

 

 

Price

Volume

Nil

6,441

e)

Date of the transaction

YYYY-MM-DD

2016-07-15

f)

Place of the transaction

Main Market, London Stock Exchange (XLON)

 

For further information please contact:

 

Creston plc

+ 44 (0)20 7930 9757

Barrie Brien, Group Chief Executive

 

Kathryn Herrick, Chief Financial Officer

 

 

 

Bell Pottinger

+44 (0)20 3772 2491

Elly Williamson/Lucy Stewart

 

 

 

About Creston plc

Creston plc (LSE: CRE), incorporating the Creston Unlimited group offer, is a marketing communications group delivering a range of digital technology-based marketing solutions to blue-chip global clients. Encompassing consultants and discipline experts from across the industry and beyond, Creston Unlimited unlocks the power of creative collaboration to realise the opportunities that exist for brands and businesses in today's rapidly evolving world. www.creston.com / www.creston-unlimited.com  

 

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