Last checked at 28 Mar 2019 15:13
4imprint Group plc ("4imprint" or the "Company")
Director/PDMR Incentive Plan Awards
4imprint announces that, on 28 March 2019, conditional share awards over ordinary shares of 38 6/13 pence each in the Company were granted for nil consideration, pursuant to the 4imprint 2015 Incentive Plan, to Executive Directors as follows:
Kevin Lyons-Tarr | Chief Executive Officer | 10,196 |
David Seekings | Chief Financial Officer | 6,797 |
The conditional share awards will vest five years after the date of grant.
Under the provisions of the 4imprint 2015 Incentive Plan, 50% of the 2018 Annual Bonus payable to Mr Lyons-Tarr and Mr. Seekings is deferred into shares through the award of conditional share awards.
The number of conditional share awards is determined by dividing the amount of the annual bonus being deferred by the price of a 4imprint share at close on 31 December preceding the year in which the awards are made. In respect of the awards currently being made, the price of a 4imprint share at close on 31 December 2018 was 1845p.
Andrew Scull
Company Secretary
4imprint Group plc
020 3709 9680
The notification below, made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail in respect of the transaction as described above.
1. | Details of the person discharging managerial responsibilities / person closely associated | |||||||||||||
a. | Name | 1. Kevin Lyons-Tarr 2. David Seekings | ||||||||||||
2. | Reason for the notification | |||||||||||||
a. | Position/status | 1. Chief Executive Officer 2. 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 | 4imprint Group plc | ||||||||||||
b. | LEI | 213800G95T751RN2CT94 | ||||||||||||
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 Identification code | Ordinary Shares of 38 6/13 pence
GB0006640972 | ||||||||||||
b. | Nature of the transaction | Grant of share options under the 4imprint 2015 Incentive Plan. | ||||||||||||
c. | Price(s) and volume(s) |
| ||||||||||||
d. | Aggregated information
· Aggregated volume · Price |
| ||||||||||||
e. | Date of the transaction | 28 March 2019 | ||||||||||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||||||||