12 Aug 2020 08:38
ContourGlobal plc
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them in accordance with the Market Abuse Regulations.
On 11 August 2020, the following deferred bonus awards over ordinary shares of 1 pence in ContourGlobal plc ("Shares") was granted under the ContourGlobal plc Long Term Incentive Plan to the following persons discharging managerial responsibilities:
PDMR | No. of shares under Award | Type of Award |
Joseph C. Brandt | 54,666 | Deferred Bonus Award |
Stefan L. Schellinger | 17,579 | Deferred Bonus Award |
The award is structured as a conditional award of shares and will ordinarily vest on 9 March 2022. The deferred bonus award was granted in respect of a deferral of twenty per cent. of the bonus amount determined for Mr. Brandt and Mr. Schellinger for the 2019 bonus year.
Details of the full notifications received by the Company are set out below.
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Joseph C. Brandt | |||
2 | Reason for Notification | ||||
a) | Position/status | President and Chief Executive Officer | |||
b) | Initial notification/Amendment | Initial Announcement | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | ContourGlobal plc | |||
b) | LEI | 5493002I3A4J5TFOR115 | |||
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 1 pence each in ContourGlobal plc
GB00BF448H58 | |||
b) | Nature of the transaction | Grant of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest on 9 March 2022. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
Nil | 54,666 | ||||
d) | Aggregated information
- Aggregated volume - Price | Not applicable - single transaction | |||
e) | Date of the transaction | 2020-08-11 | |||
f) | Place of the transaction | Outside a trading venue | |||
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Stefan L. Schellinger | |||
2 | Reason for Notification | ||||
a) | Position/status | Chief Financial Officer | |||
b) | Initial notification/Amendment | Initial Announcement | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | ContourGlobal plc | |||
b) | LEI | 5493002I3A4J5TFOR115 | |||
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 1 pence each in ContourGlobal plc
GB00BF448H58 | |||
b) | Nature of the transaction | Grant of a deferred bonus award under the ContourGlobal plc Long Term Incentive Plan. The award is structured as a conditional award of shares and will ordinarily vest on 9 March 2022. | |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
Nil | 17,579 | ||||
d) | Aggregated information
- Aggregated volume - Price | Not applicable - single transaction | |||
e) | Date of the transaction | 2020-08-11 | |||
f) | Place of the transaction | Outside a trading venue | |||
Penny Thomas
Company Secretary
12 August 2020