23 Jan 2018 09:11
For Immediate Release 23 January 2018
MILLENNIUM AND COPTHORNE HOTELS PLC ("THE COMPANY")
LEI: 2138003EQ104LZ1JNH19
NOTIFICATION OF TRANSACTION OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY("PDMR'S") AND PERSONS CLOSELY ASSOCIATED WITH THEM ("PCA'S")
Provided in accordance with Article 19.3 of the EU Market Abuse Regulation No. 596/2014
The Company announces that, pursuant to a notice of option exercise, the following shares were delivered to a PDMR on 22 January 2018 in satisfaction of an option granted under the Millennium & Copthorne Hotels plc 2006 Sharesave plan. The Sharesave plan is the Company's HMRC tax-advantaged all-employee savings-related share option plan.
1 | Details ofPDMR/PCA | Clive Harrington | ||||
2 | Reason for the Notification | |||||
a) | Position/Status | Chief Commercial Officer | ||||
b) | Initial | Initial Notification | ||||
Notification/Amend ment | ||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Full name of the entity | Millennium & Copthorne Hotels plc | ||||
b) | Legal Entity | 2138003EQ104LZ1JNH19 | ||||
Identifier code | ||||||
4 | Details of the Transaction(s): section to be completed for (i) each type of instrument; (ii) each | |||||
type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||
4.a) | Description of the financial instrument, type of instrument | Ordinary Shares of 30p each | ||||
4.b) | Identification Code | GB0005622542 | ||||
4.c) | Nature of the transaction | Acquisition of shares under the Millennium & Copthorne Hotels plc 2006 Sharesave Plan | ||||
4.d) | Currency | Sterling | ||||
4.e) | Price(s) and volume(s) |
| ||||
4.f) | Aggregated information - Aggregated volume - Price |
4,035
£4.46 option price
| ||||
4.g) | Date of Transaction | 22 January 2018 | ||||
4.h) | Place of Transaction | London Stock Exchange Main Market (XLON) | ||||