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Director/PDMR Shareholding

19 Dec 2018 12:53

RNS Number : 0061L
ITE Group PLC
19 December 2018
 

19 December 2018

ITE Group plc

('ITE' or 'the Company')

Director/PDMR Shareholding

ITE GROUP PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

 

ITE Group plc ('the Company') announces that on 18 December 2018 the following Directors were granted awards (in the form of conditional share awards) over ordinary shares of 1p of ITE Group plc under the Rules of the 2017 Deferred Share Bonus Plan ('DSBP') as shown below:

Name

Role

Number of shares granted under the DSBP

 Mark Shashoua

Chief Executive Officer

384,371

Andrew Beach

Chief Financial Officer

179,372

 

Subject to the terms of the DSBP, the awards will vest on the third anniversary of the grant of the awards subject to continued service. 

 

Notification of Dealing form

1.

Details of PDMR / PCA

a)

Name

Mark Shashoua

b)

Position / status

CEO

c)

Initial notification / amendment

Initial

2.

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

Grant of deferred share bonus award over ordinary shares

b)

Nature of the transaction

Grant of conditional share award under the Company's Deferred Share Bonus Plan

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

384,371

 

d)

Aggregated information Aggregated volume

- Price

 

 

384,371

Nil

e)

Date of the transaction

2018-12-18

f)

Place of the transaction

London Stock Exchange

 

Notification of Dealing From

1.

Details of PDMR / PCA

a)

Name

Andrew Beach

b)

Position / status

CFO

c)

Initial notification / amendment

Initial

2.

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

Grant of deferred share bonus award over ordinary shares

b)

Nature of the transaction

Grant of conditional share award under the Company's Deferred Share Bonus Plan 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

179,372

 

d)

Aggregated information Aggregated volume

- Price

 

 

179,372

Nil

e)

Date of the transaction

2018-12-18

f)

Place of the transaction

London Stock Exchange

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

 

END

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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