1 Jul 2020 13:00
1 July 2020
Countrywide plc
("Countrywide" or the "Company")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons
The Company announces that it received notification on 22 May 2020 that Paul Wareham has exercised restricted stock awards over ordinary shares of £0.01 each in the Company in accordance with the terms of the Countrywide 2017 Long-Term Incentive Plan ("LTIP") (the "Awards").
The Awards vested in March 2020 and are not subject to performance conditions and there are no restrictions on the disposal of shares acquired following the exercise of the Awards. No consideration was payable on the grant or vesting of the Awards.
ENQUIRIES: | Gareth WilliamsCompany SecretaryCountrywide plc |
COUNTRYWIDE PLC
| (+44) 01245 294005 |
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1. | Details of the PDMR / person closely associated | |||||
a) | Name | Paul Wareham | ||||
2. | Reason for the notification | |||||
a) | Position / status | Managing Director, Business to Business | ||||
b) | Initial notification / amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Countrywide plc | ||||
b) | LEI | 213800N1OX24ENZUIK30 | ||||
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 £0.01 each in Countrywide plc
GB00B9NWP991 | ||||
b) | Nature of the transaction | Exercise of options over ordinary shares under the Countrywide Long-Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information | |||||
- Aggregated volume | N/A | |||||
- Price | £NIL GBP | |||||
e) | Date of the transaction | 2020-05-22 | ||||
f) | Place of the transaction | N/A | ||||