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Director/PDMR Shareholding

6 Apr 2016 15:48

RNS Number : 4085U
Greggs PLC
06 April 2016
 

 

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING

MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

 

EXERCISE OF SHARE OPTIONS AND SALE

 

 

In accordance with Disclosure Rule 3.1.4R(1), Greggs plc announces that on 4 April 2016 Roger Whiteside a PDMR, acquired 113,252 Ordinary £0.02 shares by exercising performance share plan options pursuant to the Greggs plc Performance Share Plan.

The grant was made at an option price of £nil per share in respect of Ordinary £0.02 shares and was subject to performance conditions which were subsequently achieved. 

Of the total 113,252 share options exercised by Roger Whiteside, 54,443 shares were sold on 5 April 2016 in London at a price of £10.654 per share, in order to meet a tax and national insurance liability, and 58,809 shares were transferred on 5 April 2016 by Roger Whiteside into a beneficial holding in the name of Elizabeth Sarah Whiteside.

Following this transaction, the shareholding in Greggs plc of Roger Whiteside and his connected persons has increased to 135,397 shares (0.13%).

Greggs plc was notified of this transaction on 5 April 2016.

 

Name of authorised official of issuer responsible for making notification

 

Jonathan Jowett

Company Secretary

Greggs plc

Tel: 0191 212 7814

 

Date: 6 April 2016

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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