19 Jun 2017 10:45
19 June 2017
Eddie Stobart Logistics plc
("Eddie Stobart" or the "Company")
Director/PDMR Shareholdings
The Company was notified on 12 June 2017 that, on 7 June 2017, Alexander Laffey (Chief Executive Officer), Damien Harte (Chief Financial Officer), David Pickering (Chief Operating Officer), and David Meir (Finance Director) have been awarded 312, 156, 468 and 468 Ordinary Shares of £0.01 pence each respectively under the Company's Share Incentive Plan.
The Company was also notified on 15 June 2017 that, on that day, David Pickering and David Meir have been awarded 219,000 and 188,000 Nil-Cost Options over Ordinary Shares of £0.01 pence each respectively under the 2017 Long Term Incentive Plan ("LTIP Awards"). The LTIP Awards will vest in 2020 at the earliest subject to the achievement of certain targets, as described in more detail in the Admission Document dated 19 April 2017.
Following the above awards under the SIP and LTIP, Mr Laffey and his persons closely associated hold 875,312 Ordinary Shares in the Company, representing approximately 0.245% of the issued share capital of the Company. Mr Harte holds 312,656 Ordinary Shares in the Company, representing approximately 0.087% of the issued share capital of the Company. Mr Pickering holds 491,093 Ordinary Shares in the Company, representing approximately 0.137% of the issued share capital of the Company, and 219,000 Options over Ordinary Shares. Mr Meir holds 491,093 Ordinary Shares in the Company, representing approximately 0.137% of the issued share capital of the Company, and 188,000 Options over Ordinary Shares.
Enquiries
Eddie Stobart Logistics plc: | via FTI Consulting |
Alex Laffey, Chief Executive Officer |
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Damien Harte, Group Finance Director |
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Cenkos Securities: | +44 (0) 20 7397 8900 |
(Nomad and Broker) Elizabeth Bowman |
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Jeremy Osler Harry Hargreaves |
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FTI Consulting: | +44 (0) 20 3727 1340 |
Nick Hasell Matthew O'Keeffe |
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Alex Le May |
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Template for notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | Alexander Laffey | |||
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 | Eddie Stobart Logistics plc | |||
b) | LEI | N/A | |||
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 | Ordinary Shares of £0.01 pence each | |||
Identification code | ISIN: GB00BD8QVC95 | ||||
b)
| Nature of the transaction
| Award of ordinary shares under the Company Share Incentive Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| - | 312 |
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d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 7 June 2017 | |||
f) | Place of the transaction | Outside trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | Damien Harte | |||
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 | Eddie Stobart Logistics plc | |||
b) | LEI | N/A | |||
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 | Ordinary Shares of £0.01 pence each | |||
Identification code | ISIN: GB00BD8QVC95 | ||||
b)
| Nature of the transaction
| Award of ordinary shares under the Company Share Incentive Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| - | 156 |
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d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 7 June 2017 | |||
f) | Place of the transaction | Outside trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | David Pickering | |||
2 | Reason for the notification | ||||
a)
| Position/status | Chief Operating Officer | |||
b)
| Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Eddie Stobart Logistics plc | |||
b) | LEI | N/A | |||
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 | Ordinary Shares of £0.01 pence each | |||
Identification code | ISIN: GB00BD8QVC95 | ||||
b)
| Nature of the transaction
| Award of ordinary shares under the Company Share Incentive Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| - | 468 |
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d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 7 June 2017 | |||
f) | Place of the transaction | Outside trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | David Meir | |||
2 | Reason for the notification | ||||
a)
| Position/status | Finance Director | |||
b)
| Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Eddie Stobart Logistics plc | |||
b) | LEI | N/A | |||
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 | Ordinary Shares of £0.01 pence each | |||
Identification code | ISIN: GB00BD8QVC95 | ||||
b)
| Nature of the transaction
| Award of ordinary shares under the Company Share Incentive Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| - | 468 |
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d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 7 June 2017 | |||
f) | Place of the transaction | Outside trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | David Pickering | |||
2 | Reason for the notification | ||||
a)
| Position/status | Chief Operating Officer | |||
b)
| Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Eddie Stobart Logistics plc | |||
b) | LEI | N/A | |||
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 | Nil-Cost Options over Ordinary Shares of £0.01 pence each | |||
Identification code | ISIN: GB00BD8QVC95 | ||||
b)
| Nature of the transaction
| Award of Nil-Cost Options over Ordinary Shares under the Company Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| - | 219,000 |
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d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 15 June 2017 | |||
f) | Place of the transaction | Outside trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a)
| Name | David Meir | |||
2 | Reason for the notification | ||||
a)
| Position/status | Finance Director | |||
b)
| Initial notification /Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Eddie Stobart Logistics plc | |||
b) | LEI | N/A | |||
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 | Nil-Cost Options over Ordinary Shares of £0.01 pence each | |||
Identification code | ISIN: GB00BD8QVC95 | ||||
b)
| Nature of the transaction
| Award of Nil-Cost Options over Ordinary Shares under the Company Long Term Incentive Plan | |||
c)
| Price(s) and volume(s) |
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| Price(s) | Volume(s) |
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| - | 188,000 |
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d)
| Aggregated information | N/A | |||
- Aggregated volume | |||||
- Price | |||||
e) | Date of the transaction | 15 June 2017 | |||
f) | Place of the transaction | Outside trading venue | |||