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Director/PDMR Shareholding

3 Oct 2017 09:15

RNS Number : 5308S
Lamprell plc
03 October 2017
 

 

 

3 October 2017

 

 

LAMPRELL PLC("Lamprell" and with its subsidiaries the "Group")

 

Director/PDMR Shareholding

 

 

Lamprell today announces the following share awards granted under the Performance Share Plan ("PSP") and the Retention Share Plan ("RSP") to the executive Directors and persons discharging managerial responsibility within the Company. These awards will vest on the third anniversary of the date of grant and, in the case of the PSP, subject to achievement of performance conditions. The number of shares subject to the award is determined by using the closing middle market price of a Lamprell ordinary share on the average of the six dealing days up to the day prior to the date of grant, being 88.46p per share.

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Christopher McDonald

2.

Reason for the notification

 

a)

Position/status

Chief Executive Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

705,484

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Antony Wright

2.

Reason for the notification

 

a)

Position/status

Chief Financial Officer

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

344,343

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

John Macdonald

2.

Reason for the notification

 

a)

Position/status

VP of HR & Admin

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

102,980

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

John Macdonald

2.

Reason for the notification

 

a)

Position/status

VP of HR & Admin

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell RSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

51,490

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alex Ridout

2.

Reason for the notification

 

a)

Position/status

General Counsel & Company Secretary

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

110,431

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Alex Ridout

2.

Reason for the notification

 

a)

Position/status

General Counsel & Company Secretary

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell RSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

55,215

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Hani El Kurd

2.

Reason for the notification

 

a)

Position/status

VP of Projects

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell PSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

109,846

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

 

1.

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Hani El Kurd

2.

Reason for the notification

 

a)

Position/status

VP of Projects

b)

Initial notification/Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

 

a)

Name

Lamprell plc

 

b)

LEI

2138008NUMXRMIEDF538

 

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

Awards of Ordinary Shares of 5p each

 

 

ISIN:- GB00B1CL5249

b)

Nature of the transaction

Grant of performance share awards over Ordinary Shares under the rules of the Lamprell RSP

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 Nil cost

54,923

d)

Aggregated information

-

Aggregated volume

-

Price

e)

Date of the transaction

2 October 2017

 

f)

Place of the transaction

London

 

 

 

- Ends -

 

Enquiries:

 

Lamprell plc

 

Alex Ridout, Company Secretary +971 (0) 4 803 9308

 

Tulchan Communications, London

+44 (0) 207 353 4200

Martin Robinson

Martin Pengelley

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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