9 Dec 2016 14:32
Imagination Technologies Group plc (the "Company") - PDMR Shareholdings
On 6 December 2016, the Persons Discharging Managerial Responsibilities ("PDMRs") listed below were granted nil cost share options over a total of 436,827 ordinary shares of 10 pence each pursuant to the Company's Employee Share Plan. The awards are subject to continued employment conditions and certain awards are also subject to Company performance conditions. The awards vest as follows:
PDMR | Maximum number of options | Vesting conditions | Performance Conditions |
Oshin Cassidy | 44,444 | 1/3 vests on 6 December 2017 1/3 vests on 6 December 2018 1/3 vests on 6 December 2019 |
|
Oshin Cassidy | 44,444 | 100% vests on 6 December 2019 | The vesting of the award is dependent upon the extent to which performance targets have been satisfied. |
Oshin Cassidy | 43,846 | 100% vests on 6 December 2019 |
|
Mark Dickinson | 187,134 | 1/3 vests on 6 December 2017 1/3 vests on 6 December 2018 1/3 vests on 6 December 2019 |
|
Mark Dickinson | 116,959 | 100% vests on 6 December 2019 | The vesting of the award is dependent upon the extent to which performance targets have been satisfied. |
For further information, please contact:
Ruth Orpwood - General Counsel and Company Secretary +44 (0)1923 260511
9 December 2016
Imagination Technologies Group plc
The following notification made under Article 19 of the Market Abuse Regulation ("MAR") relates to the options granted under the Company's Employee Share Plan. This announcement is made in accordance with Article 19 of MAR.
Ruth Orpwood
Company Secretary
For further information, please contact:
Ruth Orpwood
Imagination Technologies Group plc
Phone: 01923 260511
Email: Company.Secretary@imgtec.com
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name
| 1. Oshin Cassidy 2. Mark Dickinson | |||
2
| Reason for the notification
| ||||
a)
| Position/status
| 1. Group HR Director 2. Executive Vice President PowerVR | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Imagination Technologies Group plc | |||
b)
| LEI
| N/A | |||
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 | In each case, options are over Ordinary Shares of 10p each (the "Options") granted under Imagination Technologies Group plc 2016 Employee Share Plan. The Options will vest between 2017 and 2019 with a portion being dependent on performance targets having been satisfied. | |||
Identification code | GB0009303123 | ||||
| |||||
b)
| Nature of the transaction
| 1 and 2 are a grant of options under the 2016 Employee Share Plan | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Price(s) | Volume(s) |
| ||
| Nil | 1. 132,734 2. 304, 093 |
| ||
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | N/A - SINGLE TRANSACTION | ||||
- Price | |||||
e)
| Date of the transaction
| 2016-12-06 | |||
f)
| Place of the transaction
| LONDON STOCK EXCHANGE, MAIN MARKET (XLON) | |||