7 Dec 2020 17:37
7 December 2020
Hyve Group plc
('Hyve' or 'the Company')
Director/PDMR Shareholding
HYVE GROUP PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Hyve Group plc announces that on 4 December 2020 the following Directors and Persons Discharging Managerial Responsibility have been awarded Nominal Options over ordinary shares of 10 pence each of the Company under the Rules of the Hyve Group plc Employees' Performance Share Plan 2014 (as amended in 2019) ('PSP') as shown below.
Name | Title | Number of shares under PSP Awards |
John Gulliver | Chief Finance and Operations Officer | 221,450 |
Helen Milburn | General Counsel | 142,629 |
Mark Shashoua | Chief Executive Officer | 461,668 |
Subject to the terms of the PSP, the awards will vest and become exercisable from the third anniversary of the grant of the awards subject to continued service and to the extent to which the relevant performance conditions are satisfied over the three-year performance period. The awards for Mr Gulliver and Mr Shashoua are subject to a holding period, ending on the fifth anniversary of the grant of the awards.
The performance conditions will be disclosed in the Directors' Remuneration Report in the 2020 Annual Report and Accounts.
Set out below are the notifications made in accordance with Article 19 of the EU Market Abuse Regulation.
For further information please contact:
Hyve Group plc Jared Cranney, Company Secretary
|
+44 (0)20 7596 5000
|
FTI Consulting Charles Palmer/Emma Hall/Chris Birt
|
+44 (0)20 3727 1000
|
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| John Gulliver | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Finance and Operations Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Hyve Group plc | ||||
b)
| LEI
| 549300ZOQOW485BCD047 | ||||
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 10 pence each | ||||
Identification code | ISIN: GB000BKP36R26 | |||||
|
| |||||
b)
| Nature of the transaction
| Grant of 10p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price | n/a single transaction
| ||||
e) | Date of transaction | 4 December 2020 | ||||
f) | Place of transaction | Outside a trading venue | ||||
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Helen Milburn | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| General Counsel | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Hyve Group plc | ||||
b)
| LEI
| 549300ZOQOW485BCD047 | ||||
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 10 pence each | ||||
Identification code | ISIN: GB000BKP36R26 | |||||
|
| |||||
b)
| Nature of the transaction
| Grant of 10p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price | n/a single transaction
| ||||
e) | Date of transaction | 4 December 2020 | ||||
f) | Place of transaction | Outside a trading venue | ||||
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Mark Shashoua | ||||
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
| Hyve Group plc | ||||
b)
| LEI
| 549300ZOQOW485BCD047 | ||||
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 10 pence each | ||||
Identification code | ISIN: GB000BKP36R26 | |||||
|
| |||||
b)
| Nature of the transaction
| Grant of 10p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price | n/a single transaction
| ||||
e) | Date of transaction | 4 December 2020 | ||||
f) | Place of transaction | Outside a trading venue | ||||
About Hyve Group plc
Hyve Group plc is a next generation global events business whose purpose is to create unmissable events, where customers from all corners of the globe share extraordinary moments and shape industry innovation. Hyve Group plc was announced as the new brand name of ITE Group plc in September 2019, following its significant transformation under the Transformation and Growth (TAG) programme. Our vision is to create the world's leading portfolio of content-driven, must attend events delivering an outstanding experience and ROI for our customers.
Where business is personal, where meetings move markets and where today's leaders inspire tomorrow's.