Last checked at 20 Apr 2017 15:06
20 April 2017
FDM Group (Holdings) plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
PSP Award - 19 April 2017
On 19 April 2017 FDM Group (Holdings) plc ("FDM") granted awards over ordinary shares in the Company under the FDM 2014 Performance Share Plan (the "PSP"), as noted below.
The vesting of the awards is subject to the achievement of a performance condition based upon the annual compound growth in FDM's earnings per share over the three-year performance period commencing with FDM's 2017 financial year. Ordinarily, the awards and options will vest (subject to the achievement of the performance condition) following the announcement of FDM's results for its 2019 financial year.
Each award has been granted in the form of an option with an exercise price per share of £0.01.
Name | Number of shares subject to award |
Executive Directors | |
Rod Flavell | 20,000 |
Sheila Flavell | 20,000 |
Andy Brown | 20,000 |
Mike McLaren | 20,000 |
Other Senior Managers | |
Jonathan Young | 20,000 |
Andrew King | 10,000 |
Stewart Sharman | 10,000 |
The notification below, made pursuant to Article 19 of Regulation (EU) No 596/2014 on Market Abuse, provides further information about these transactions.
1 | Details of the person discharging managerial responsibilities / person closely associated
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(a) | Name | (i) Rod Flavell (ii) Sheila Flavell (iii) Andy Brown (iv) Mike McLaren (v) Jonathan Young (vi) Andrew King (vii) Stewart Sharman
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2 | Reason for the notification
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(a) | Position/Status | (i) Chief Executive Officer (ii) Chief Operating Officer (iii) Chief Commercial Officer (iv) Chief Financial Officer (v) Chief Information Officer (vi) Senior Manager (vii) Senior Manager
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(b) | Initial notification / Amendment | Initial notification
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3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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(a) | Name | FDM Group (Holdings) Plc
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(b) | LEI | 213800YR62D7GUZLMZ71 | ||||||||||||||||||||||||
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 £0.01
ISIN: GB00BLWDVP51 | ||||||||||||||||||||||||
(b) | Nature of the transaction
| Grant of awards over Ordinary Shares
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(c) | Price(s) and volume(s) |
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(d) | Aggregated Information - Aggregated Volume - Price |
N/A | ||||||||||||||||||||||||
(e) | Date of the Transaction | 19 April 2017
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(f) | Place of the Transaction | Outside a trading venue
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Name of authorised official of issuer responsible for making notification: | Mark Heather, Company Secretary, FDM Group (Holdings) Plc | |||||||||||||||||||||||||
Enquiries:
FDM | Mike McLaren - Chief Financial Officer | 0203 056 8240 |
Weber Shandwick | Nick Oborne / Tom Jenkins | 020 7067 0000 |