17 Jul 2017 07:00
Electra Private Equity PLC
Legal Entity Identifier: 213800MPTI1NH8POK154
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 14 July 2017 the following awards over ordinary shares of 25 pence in Electra Private Equity PLC were granted under the Electra Private Equity PLC 2017 Long Term Incentive Plan to the following person discharging managerial responsibilities:
PDMR | No. of shares under Award |
Gavin Manson
| 35,671 |
The awards will ordinarily become exercisable on the third anniversary of grant subject to the grantee's continued service and to the extent to which the total shareholders return performance condition set for the award is satisfied.
Details of the full notification received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Gavin Manson
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2 | Reason for Notification | |||||
a) | Position/status | Chief Financial Officer
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b) | Initial notification/Amendment | Initial Announcement
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Electra Private Equity PLC
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b) | LEI | 213800MPTI1NH8POK154
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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
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a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 25 pence each in Electra Private Equity PLC GB0003085445
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b) | Nature of the transaction | Grant of a nil cost option award under the Electra Private Equity PLC 2017 Long Term Incentive Plan. The award will ordinarily become exercisable three years from the date of grant, subject to continued service and to the extent to which the total shareholder return performance condition is met, and may be exercised for a period of ten years from the date of grant.
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c) | Price(s) and volume(s) |
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d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 14 July 2017 | ||||
Enquiries:
For further information:
On behalf of Electra Private Equity PLC: Brunswick Group LLP Gill Ackers/Rowan Brown
| 020 7404 5959 Electra@brunswickgroup.com |
Gavin Manson Chief Financial Officer Electra Private Equity PLC
| 020 3874 8300 gavin.manson@electrapeplc.com |