5 Dec 2017 11:30
5 December 2017
ITE Group plc ("ITE") - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
ITE Group plc ('the Company') announces that on 4 December 2017 the following Directors and Persons Discharging Managerial Responsibility have been awarded Nominal Options over ordinary shares of 1p of ITE Group Plc under the Rules of the 2014 Employees' Performance Share Plan ('PSP') as shown below:
Name | Role | Number of shares granted under the PSP | Total number of options held over ordinary shares following this notification |
Andrew Beach | Chief Financial Officer | 119,503 | 334,776 |
John Gulliver | Chief Operating Officer | 110,497 | 110,497 |
Mandy Hossami | Group HR Director | 44,840 | 293,012 |
Mark Shashoua | Chief Executive Officer | 256,077 | 690,160 |
Rakhi Williams | Group Strategy Director | 113,812 | 242,429 |
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 financial years ended 30 September 2020.
This notification is made pursuant to Disclosure and Transparency Rule 3.1.4.
Contact:
Anneka Kingan, Group Company Secretary
Anneka.kingan@ite-exhibitions.com
+44 (0) 20 7596 5139
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Andrew Beach | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Chief Financial Officer
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ITE 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 1 pence each | ||||
Identification code | GB0002520509 | |||||
b)
| Nature of the transaction
| Grant of 1p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price |
| ||||
e) | Date of transaction | 4 December 2017 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
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 Operating Officer | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ITE 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 1 pence each | ||||
Identification code | GB0002520509 | |||||
b)
| Nature of the transaction
| Grant of 1p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price |
| ||||
e) | Date of transaction | 4 December 2017 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Mandy Hossami | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group HR Director
| ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ITE 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 1 pence each | ||||
Identification code | GB0002520509 | |||||
b)
| Nature of the transaction
| Grant of 1p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price |
| ||||
e) | Date of transaction | 4 December 2017 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
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
| ITE 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 1 pence each | ||||
Identification code | GB0002520509 | |||||
b)
| Nature of the transaction
| Grant of 1p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price |
| ||||
e) | Date of transaction | 4 December 2017 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Rakhi Williams | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Group Strategy Director | ||||
b)
| Initial notification /Amendment | Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| ITE 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 1 pence each | ||||
Identification code | GB0002520509 | |||||
b)
| Nature of the transaction
| Grant of 1p cost options under the Company's Employees' Performance Share Plan
| ||||
c)
| Price(s) and volume(s) |
| ||||
d) | Aggregated Information
Volume
Price |
| ||||
e) | Date of transaction | 4 December 2017 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||