12 Oct 2017 15:46
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Pursuant to Article 19 of European Regulation No.596/2014 (the Market Abuse Regulation), Interserve Plc (the "Company") announces that, on 11 October 2017, the following Person Discharging Managerial Responsibilities ("PDMR") was granted options to acquire ordinary shares of 10 pence each under the Interserve Sharesave Scheme 2009, an all-employee share scheme.
The options were granted at an Option Price of 91 pence and can normally be exercised between 1 December 2020 and 31 May 2021. The exercise of options on maturity is not dependent upon performance criteria.
Details of the person discharging managerial responsibilities / person closely associated
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Name
| George Franks (PDMR) | ||||
Reason for the notification
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Position/status
| Managing Director, Interserve International | ||||
Initial notification /Amendment
| Initial notification | ||||
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
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Name
| Interserve Plc | ||||
LEI
| 549300MVYY4EZCRFHZ09 | ||||
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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Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of 10 pence each
GB0001528156
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Nature of the transaction
| Options granted on 12 October 2017 pursuant to the Interserve Sharesave Scheme 2009 at an Option Price of £0.91 | ||||
Price(s) and volume(s)
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Aggregated information
- Aggregated volume
- Price |
3,956
£0.91
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Date of the transaction
| 2017-10-11 | ||||
Place of the transaction
| Outside a trading venue | ||||