27 Mar 2020 15:00
27 March 2020
Huntsworth plc
(Huntsworth or the Company)
Director/PDMR Shareholding
Huntsworth plc, the healthcare and communications group, announces that on 27 March 2020 Paul Taaffe, Chief Executive Officer, received for nil cost, a total of 1,472,392 ordinary shares of 1p each in the Company pursuant to an award granted on 21 March 2017 under The Huntsworth Long Term Incentive Plan 2016.
The recipient requested that the Trustee of the Huntsworth Employee Benefit Trust sell shares in connection with his related tax and social security liabilities, dealing costs and charges, with the balance of shares being retained by the recipient, as indicated below.
CD&R Artemis UK Bidco Limited has provided its consent to the sale of the shares on the basis that the sale is limited to only what is necessary to cover tax and dealing costs and is in line with previous practice.
Director/PDMR | No. of shares vesting | No. of shares sold | No. of shares retained |
Paul Taaffe | 1,472,392 | 608,059 | 864,333 |
The shares sold were sold at 105.5 pence per share.
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Paul Taaffe
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| HUNTSWORTH PLC | |||
b)
| LEI
| 213800VWB9DDVXF1Q771 | |||
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 | Ordinary shares of 1 pence each in the share capital of Huntsworth plc
| |||
Identification code | GB00B0CRWK29 | ||||
b)
| Nature of the transaction
| Acquisition of shares pursuant to the vesting of an award granted under The Huntsworth Long Term Incentive Plan 2016.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 1,472,392 | ||||
d)
| Aggregated information | Not applicable - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 2020-03-27 | |||
f)
| Place of the transaction
| Outside of a trading venue | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| Paul Taaffe
| |||
2
| Reason for the notification
| ||||
a)
| Position/status
| Chief Executive Officer | |||
b)
| Initial notification /Amendment
| Initial Notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| HUNTSWORTH PLC | |||
b)
| LEI
| 213800VWB9DDVXF1Q771 | |||
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 | Ordinary shares of 1 pence each in the share capital of Huntsworth plc
| |||
Identification code | GB00B0CRWK29 | ||||
b)
| Nature of the transaction
| Sale of shares in connection with related tax and social security liabilities, dealing costs and charges, pursuant to the vesting of an award granted under The Huntsworth Long Term Incentive Plan 2016.
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
105.5p | 608,059 | ||||
d)
| Aggregated information | Not applicable - single transaction | |||
- Aggregated volume | |||||
- Price | |||||
e)
| Date of the transaction
| 2020-03-27 | |||
f)
| Place of the transaction
| London Stock Exchange, Main Market (XLON) | |||
Enquiries to:
Citigate Dewe Rogerson +44 (0)20 7638 9571
Angharad Couch
Nick Reading
Elizabeth Kittle