Last checked at 18 Apr 2019 07:00
18 April 2019
FDM Group (Holdings) plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
PSP Award - 17 April 2019
On 17 April 2019 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 2019 financial year. Ordinarily, the awards will vest (subject to the achievement of the performance condition) following the announcement of FDM's results for its 2021 financial year. The awards granted to Roderick Flavell, Sheila Flavell, Andrew Brown, Michael McLaren and Jonathan Young will not be released, so that shares can be acquired, until the end of a holding period of two years beginning on the vesting date. The award granted to Stewart Sharman will be released at vesting.
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 | |
Roderick Flavell | 29,000 |
Sheila Flavell | 29,000 |
Andrew Brown | 29,000 |
Michael McLaren | 29,000 |
Other Senior Managers | |
Jonathan Young | 29,000 |
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) Roderick Flavell (ii) Sheila Flavell (iii) Andrew Brown (iv) Michael McLaren (v) Jonathan Young (vi) 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
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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
N/A
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(e) | Date of the Transaction | 17 April 2019 | |||||||||||||||||||||
(f) | Place of the Transaction | Outside a Trading Venue | |||||||||||||||||||||
Name of authorised official of issuer responsible for making notification: | Mark Heather, Company Secretary FDM Group (Holdings) Plc | ||||||||||||||||||||||
Enquiries:
Mike McLaren - Chief Financial Officer | 0203 056 8240 |
Mark Heather - Company Secretary | 0203 056 8240 |