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Pin to quick picksDe La Rue Regulatory News (DLAR)

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Director/PDMR Shareholding

7 Jan 2020 17:09

RNS Number : 0563Z
De La Rue PLC
07 January 2020
 

De La Rue plc

 

Director/PDMR Shareholding

Notification of transactions by persons discharging managerial responsibilities and persons closely associated with them

7 January 2020

De La Rue plc (the "Company") announces a change in the interests of Clive Vacher, an Executive Director and Person Discharging Managerial Responsibilities ("PDMR") of the Company, in ordinary shares of 44 152/175p in the capital of the Company.

De La Rue Sharesave Scheme ("Sharesave Scheme")

On 7 January 2020, a grant of options was made under the Sharesave Scheme at an option price of 118.67p to Mr. Vacher as detailed below:

Name

Director/ PDMR

Number of Options Granted

Clive Vacher

Director/PDMR

1,334

 

The options will normally become exercisable on 1 March 2023 and can be exercised within a period of up to six months following maturity.

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

 

Ed Peppiatt, Company Secretary

Contact Number: 01256 605212

7 January 2020

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 Clive Vacher

2

 

Reason for the notification

 

a)

 

Position/status

 

Executive Director/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

 

De La Rue plc

b)

 

LEI

 

213800DH741LZWIJXP78

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 44 152/175p

 

 

GB00B3DGH821

b)

 

Nature of the transaction

 

 

Grant of 1,334 options at an option price of 118.67p under the De La Rue Sharesave Scheme which will first become exercisable on 1 March 2023

c)

 

Price(s) and volume(s)

 

 

 

Option Price(s)

 

Volume(s)

 

£1.1867

 

1,334

 

 

d)

 

Aggregated information

 

- Aggregated volume

 

- Price

 

- Aggregated total

N/A

 

 

 

 

 

 

 

e)

 

Date of the transaction

 

2020-01-07

f)

 

Place of the transaction

 

Outside a trading venue

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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