Last checked at 23 Nov 2017 10:57
23 November 2017
Genus plc
Director/PDMR Shareholding
Genus plc (LSE: GNS) announces that, further to the vesting of conditional nil-cost options on 20 November 2017 under the Genus 2014 Performance Share Plan (the 'PSP') as listed in table A below, a member of the Genus Executive Leadership Team ('GELT') sold ordinary shares in Genus on 22 November 2017 on the London Stock Exchange to offset income tax and social security liabilities due on the exercise and retained the balance of ordinary shares.
The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, give further detail of the number of nil-cost options exercised and ordinary shares sold on 22 November 2017.
For further information please contact:
Genus:
Cara Crichton, Deputy Company Secretary Tel: +44 (0)1256 347100
Table A - GELT 2014 Performance Share Plan Exercise
1. | Details of the person discharging managerial responsibilities / person closely associated | ||||||
a. | Name | Jerry Thompson | |||||
2. | Reason for the notification | ||||||
a. | Position/status | Chief Operating Officer Genus ABS Beef
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b. | Initial notification /Amendment
| Initial notification | |||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||
a. | Name | Genus plc | |||||
b. | LEI | 54930022EOITNKSIGH56 | |||||
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 10p each
GB0002074580 | |||||
b. | Nature of the transaction | Exercise of 19,503 nil-cost options under the PSP.
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c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price |
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e. | Date of the transaction | 2017-11-22 | |||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON) | |||||
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 10p each
GB0002074580 | |||||
b. | Nature of the transaction | Sale of 6,847 shares arising from the exercise of nil-cost options under the PSP to offset income tax and social security liabilities due on the exercise. The balance of 12,656 shares following the exercise has been retained by Jerry Thompson.
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c. | Price(s) and volume(s) |
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d. | Aggregated information · Aggregated volume · Price
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e. | Date of the transaction | 2017-11-22 | |||||
f. | Place of the transaction | London Stock Exchange, Main Market (XLON)
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