19 Dec 2018 17:59
EUROMONEY INSTITUTIONAL INVESTOR PLC
Director/PDMR Notification
19 December 2018
2015 Performance Share Plan
Euromoney Institutional Investor PLC (the "Company") announces that on 17 December 2018 share awards (the "Awards") in the form of conditional share awards or nil-cost options over ordinary shares in the Company ("Shares") were made to the following persons discharging managerial responsibilities ("PDMRs") in the Company, under the 2015 Performance Share Plan ("2015 PSP") as follows:
Name | Position | Maximum number of Shares under Award ("Award Shares") |
A Rashbass | CEO | 109,048 |
W Pallot | CFO | 45,543 |
The number of Award Shares set out above is the maximum number which may vest under the Awards. The actual number of Award Shares which vest will depend on the extent to which performance conditions relating to Earnings per Share and Operating Margin have been satisfied over a three-year period from 1 October 2018 and ending on 30 September 2021. A two-year holding period will apply with vesting occurring on 17 December 2023.
Name |
| Maximum number of Shares under Award ("Award Shares") |
T Bratton | General Counsel & Company Secretary | 8,766 |
|
|
|
The number of Award Shares set out above is the maximum number which may vest under the Awards. The actual number of Award Shares which vest will depend on the extent to which performance conditions relating to Earnings per Share and Operating Margin have been satisfied over a three-year period from 1 October 2018 and ending on 30 September 2021.
The share price used to determine the number of Shares awarded was the average of the middle market quotations as derived from the Daily Official List for the five dealing days preceding the date of grant.
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 | Grant of options over 109,048 shares | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume |
109,048 shares | ||||
- Price | Nil | |||||
e) | Date of the transaction | 17 December 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Wendy Pallot | ||||
2. | Reason for the notification | |||||
a) | Position/status | Chief Financial 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 | Grant of options over 45,543 shares | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume |
45,543 | ||||
- Price | Nil | |||||
e) | Date of the transaction | 17 December 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1. | Details of the person discharging managerial responsibilities/ person closely associated | |||||
a) | Name | Tim Bratton | ||||
2. | Reason for the notification | |||||
a) | Position/status | General Counsel & Company Secretary | ||||
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 | Grant of options over 8,766 shares | ||||
c) | Price(s), volume(s) |
| ||||
d) | Aggregated information - Aggregated volume |
8,766 | ||||
- Price | Nil | |||||
e) | Date of the transaction | 17 December 2018 | ||||
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 Institutional Investor PLC ("Euromoney") is a global, multi-brand information business which provides critical data, price reporting, insight, analysis and must-attend events to financial services, commodities, telecoms and legal markets. Euromoney is listed on the London Stock Exchange and is a member of the FTSE 250 share index.
www.euromoneyplc.com