8 Jun 2020 17:00
EUROMONEY INSTITUTIONAL INVESTOR PLC
Director Notification
8 June 2020
Euromoney Institutional Investor PLC (the "Company") has been notified of the following transactions in the Company's ordinary shares of 0.25 pence each.
As announced on 1 October 2015, Andrew Rashbass, Chief Executive Officer, was granted an award of options over 221,011 ordinary shares of 0.25p in accordance with the Remuneration Policy approved by shareholders at the General Meeting held on 1 June 2015.
Under the terms of this share award, 44,203 options vested on 30 September 2019. Andrew Rashbass exercised 44,203 options on 4 June 2020 and on 4 June 2020 sold 20,775 shares to settle resulting tax liabilities and transferred 23,428 shares to his wife, J Rashbass.
The information set out below is provided in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Andrew Rashbass | ||||
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 | Euromoney Institutional Investor PLC | ||||
b) | LEI | 213800PZU2RGHMHE2S67 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.25 pence each | ||||
Identification code | GB0006886666 | |||||
b) | Nature of the transaction | Exercise of 44,203 options. | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume | 44,203 shares | ||||
- Price | Nil | |||||
e) | Date of the transaction | 4 June 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Andrew Rashbass | ||||
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 | Euromoney Institutional Investor PLC | ||||
b) | LEI | 213800PZU2RGHMHE2S67 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.25 pence each | ||||
Identification code | GB0006886666 | |||||
b) | Nature of the transaction | Disposal of 20,775 shares | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume |
20,775 | ||||
- Price | £8.44 | |||||
e) | Date of the transaction | 4 June 2020 | ||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Andrew Rashbass | ||||
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 | Euromoney Institutional Investor PLC | ||||
b) | LEI | 213800PZU2RGHMHE2S67 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.25 pence each | ||||
Identification code | GB0006886666 | |||||
b) | Nature of the transaction | Transfer of shares to spouse | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume |
23,428 | ||||
- Price | Nil | |||||
e) | Date of the transaction | 4 June 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | J Rashbass | ||||
2. | Reason for the notification | |||||
a) | Position/status | Person closely associated to Andrew Rashbass, 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 | Euromoney Institutional Investor PLC | ||||
b) | LEI | 213800PZU2RGHMHE2S67 | ||||
4. | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.25 pence each | ||||
Identification code | GB0006886666 | |||||
b) | Nature of the transaction | Transfer of shares from spouse | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume |
23,428 | ||||
- Price | Nil | |||||
e) | Date of the transaction | 4 June 2020 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
For further information, please contact:
Tim Bratton, General Counsel & Company Secretary
+44 (0) 20 7779 8288
Ends
About Euromoney Institutional Investor PLC
Euromoney is a global information business providing essential B2B information to global and specialist markets. Euromoney provides price discovery, market intelligence and events across our segments. Euromoney is listed on the London Stock Exchange and is a member of the FTSE 250 share index.
www.euromoneyplc.com
LEI number: 213800PZU2RGHMHE2S67