29 Mar 2019 14:30
Equiniti Group plc
Incorporated in England and Wales
Registration number: 07090427
LEI: 213800TS721HGE2JIV94
ISIN: GB00BYWWHR75
Equiniti Group plc
(the Company)
Grant of Awards to Persons Discharging Managerial Responsibilities (PDMRs)
The following notifications are made under article 19 of the Market Abuse Regulation (MAR) relating to certain transactions by persons discharging managerial responsibilities (PDMR) in the shares of the Company.
On 28th March 2019 awards over ordinary shares of £0.001 each in the capital of the Company were granted under the Equiniti Group Deferred Annual Bonus Plan 2015 (the DABP) in respect of 2018 financial year performance and the Equiniti Group Performance Share Plan (the PSP) to persons discharging managerial responsibilities as follows:
PDMR | Number of shares over which awards were granted | |
Deferred Annual Bonus Plan (DABP)1 | Performance Share Plan (PSP)1 | |
Guy Wakeley | 71,282 | 344,139 |
John Stier | 49,300 | 239,401 |
Mark Churley | 13,855 | 99,750 |
Rebecca Grattan | 13,391 | 137,157 |
Adam Green | 12,972 | 104,738 |
Paul Matthews | 23,625 | 104,738 |
Todd May | 0 | 136,591 |
Kevin O'Connor | 0 | 149,625 |
Thera Prins | 12,194 | 109,725 |
Duncan Watson | 4,009 | 89,775 |
1 Calculated using the closing market quotation as derived from the Daily Official List of the London Stock Exchange on 27th March 2019, being the day before the date of grant of the award.
DABP
Each award under the DABP Scheme is structured as a conditional award that shall vest on the third anniversary of the grant of the award subject to continued service and in accordance with the DABP scheme rules.
PSP
No consideration was paid for the grant of the PSP awards, which are structured as nil cost options and are subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company over the period 1st January 2019 to 31st December 2022. The awards will normally vest on the later of 28th March 2022 and the date of determination of the performance conditions, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant.
Once the awards have vested, the PDMRs will be required to hold the ordinary shares for a further two year period after any sales for tax arising on the vesting of the shares.
The relevant FCA notifications are set out below:
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Guy Wakeley | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | Chief Executive/Executive Director | |||||||||
b) | Initial notification/amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | John Stier | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | Chief Financial Officer/ Executive Director | |||||||||
b) | Initial notification/amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN: GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Mark Churley | |||||||||
2 | Reason for notification | ||||||||||
a) | Position/Status | Group Business Development Director/PDMR | |||||||||
b) | Initial notification/amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Rebecca Grattan | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | Chief People and Transformation 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 | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Adam Green | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | Chief Risk 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 | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Paul Matthews | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | CEO of EQ Boardroom/PDMR | |||||||||
b) | Initial notification/amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Todd May | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | CEO of EQ by Equiniti/PDMR | ||||||
b) | Initial notification/amendment | Initial notification | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
a) | Name | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 28 March 2019 | ||||||
f) | Place of transaction | Outside of trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
a) | Name | Kevin O'Connor | ||||||
2 | Reason for notification |
| ||||||
a) | Position/Status | Chief Information 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 | Equiniti Group plc | ||||||
b) | LEI | 213800TS721HGE2JIV94 | ||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | ||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Performance Share Plan (PSP) | ||||||
c) | Price(s) and volume(s) |
| ||||||
d) | Aggregated information | See above 4 c) | ||||||
e) | Date of transaction | 28 March 2019 | ||||||
f) | Place of transaction | Outside of trading venue | ||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Thera Prins | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | Chief Operating 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 | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Duncan Watson | |||||||||
2 | Reason for notification |
| |||||||||
a) | Position/Status | CEO of EQ Paymaster/PDMR | |||||||||
b) | Initial notification/amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Equiniti Group plc | |||||||||
b) | LEI | 213800TS721HGE2JIV94 | |||||||||
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 and identification code | Ordinary shares of £0.001 each
ISIN:GB00BYWWHR75 | |||||||||
b) | Nature of transaction | Grant of shares under the Equiniti Group Deferred Annual Bonus Plan (DABP) and the Equiniti Group Performance Share Plan (PSP) | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information | See above 4 c) | |||||||||
e) | Date of transaction | 28 March 2019 | |||||||||
f) | Place of transaction | Outside of trading venue | |||||||||
Enquiries:
Kathy CongCompany SecretaryTel: +44(0)20 7469 1800
29th March 2019