Last checked at 18 Jan 2024 10:11
Informa PLC Press Release
18 January 2024
Share option exercise and sale to cover
Directors Dealings
Informa (LSE: INF.L), the international Academic Markets, B2B Markets and Digital Services Group today confirmed the recent share option exercise and sale to cover transactions by Patrick Martell, Group Chief Operating Officer.
Patrick sold shares to specifically cover the cost and income tax liabilities that become payable on the exercise of shares vesting under the Company's long-term incentive plans. The net remaining shares have been retained. As a result, Patrick holds 419,542 shares and unvested options in the Company.
The notifications that follow are disclosed in accordance with Article 19 of the EU Market Abuse Regulation.
1 | Details of the persons discharging managerial responsibilities / person closely associated | ||
a) | Name(s) | Patrick Martell | |
2 | Reason for the notification | ||
a) | Position/status | Group 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 | Informa PLC | |
b) | LEI | 5493006VM2LKUPSEDU20
| |
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
Identification code | Ordinary shares of 0.1 pence each
GB00BMJ6DW54
| |
b) | Nature of the transaction | A. Exercise of Long-Term Incentive Plan awards B. Sale of ordinary shares of 0.1p each to settle tax, national insurance contributions and dealing fees arising from the exercise
| |
c) | Price(s) and volume(s)
| Price | Volume |
A £0.001 | 98,407 | ||
B £7.429163
| 46,855
| ||
d) | Aggregated information | n/a | |
e) | Date of the transaction | 16 January 2024
| |
f) | Place of the transaction | A - Outside a trading venue B - London Stock Exchange
| |
Enquiries | |
Heledd Hanscomb, Deputy Company Secretary | +44 (0)20 8052 0400 |