11 Jun 2019 09:22
11 June 2019
ITE Group plc
('ITE' or 'the Company')
Director/PDMR Shareholding
ITE Group plc ("ITE") - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
ITE Group plc ('the Company') announces that on 6 June 2019 the following Person Discharging Managerial Responsibility have been awarded Nominal Options over ordinary shares of 1p of ITE Group Plc under the Rules of the ITE Group Plc Employees' Performance Share Plan 2014 (as amended in 2019) ('PSP') as shown below:
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 ending 30 September 2021.
The notification set out below has been made in accordance with Article 19 of the EU Market Abuse Regulation.
Notification of Dealing Form:
1
| Details of the person discharging managerial responsibilities / person closely associated
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a)
| Name
| Helen Milburn | ||||
2
| Reason for the notification
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a)
| Position/status
| General Counsel
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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
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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
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a)
| Description of the financial instrument, type of instrument | Ordinary Shares of 1 pence each | ||||
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Identification code | GB0002520509 | |||||
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b)
| Nature of the transaction
| Grant of 1p cost options under the Company's Employees' Performance Share Plan
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c)
| Price(s) and volume(s) |
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d) | Aggregated Information
Volume
Price |
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e) | Date of transaction | 6 June 2019 | ||||
f) | Place of transaction | London Stock Exchange (XLON) | ||||
About ITE Group plc
ITE Group plc was founded in 1991 and is now one of the world's leading organisers of international exhibitions and conferences.
ITE Group's strategic vision is to create the world's leading portfolio of content-driven, must-attend events delivering an outstanding experience and ROI for our customers. In May 2017 the Group launched its Transformation & Growth (TAG) programme, which is designed to transform the Company from a geographic market-share led business to a product-led business that focuses on market-leading events through a centralised operating model, wherever they are in the world. ITE strives to run the best shows and offer the best service to its customers regardless of location. By putting exhibitors and visitors at the heart of everything we do, we plan to drive sustainable growth for our shareholders.
ITE Group is a public limited company and has been listed on the main market of the London Stock Exchange since 1998.
For further information please contact:
ITE Group plc Melissa McVeigh, Director of Communications
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+44 (0) 20 3545 9000
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FTI Consulting Charles Palmer/Harry Staight
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+44 (0)20 3727 1000
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