27 Mar 2018 07:00
MENZIES(JOHN) PLC - Director/PDMR ShareholdingMENZIES(JOHN) PLC - Director/PDMR Shareholding
PR Newswire
London, March 26
John Menzies plc
(the “Company”)
Director/PDMR Shareholding
27 March 2018
Notification of Transactions by Persons Discharging Managerial Responsibilities (“PDMRs”)
Bonus Share Plan (“BSP”)
Under the terms of the Company’s annual bonus scheme, each Executive Director is required to acquire ordinary shares of £0.25 each in the Company (“Ordinary Shares”) with 20% of the total value of the bonus awarded to them.
Accordingly, on 26 March 2018, and pursuant to the rules of the Company’s BSP, each of the undernoted PDMRs was notified of the number of Ordinary Shares acquired by them under the 2017 BSP (“BSP Awards”).
Satisfaction of the BSP Awards will take place in accordance with the rules of the BSP.
| Name | Share price | Number of Ordinary Shares | Total shareholding following satisfaction of BSP Award |
| Forsyth Black | 627p | 5,562 | 64,275 |
| Giles Wilson | 627p | 5,384 | 45,384 |
| John Geddes | 627p | 4,141 | 40,008 |
The following notifications, made pursuant to Article 19(3) of the Market Abuse Regulation, provide further details:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Forsyth Black | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | President & Managing Director, Menzies Aviation | ||||||
| b) | Initial notification/Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | John Menzies plc | ||||||
| b) | LEI | 5493008LNN1X4R79PJ89 | ||||||
| 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 |
| ||||||
| b) | Nature of the transaction | Award of Ordinary Shares under the Company’s BSP. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information
| 5,562 627 pence | ||||||
| e) | Date of the transaction | 2018-03-26 | ||||||
| f) | Place of the transaction | Outside of trading venue | ||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | Giles Wilson | ||||||
| 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 | John Menzies plc | ||||||
| b) | LEI | 5493008LNN1X4R79PJ89 | ||||||
| 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 |
| ||||||
| b) | Nature of the transaction | Award of Ordinary Shares under the Company’s BSP. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information
| 5,384 627 pence | ||||||
| e) | Date of the transaction | 2018-03-26 | ||||||
| f) | Place of the transaction | Outside of trading venue | ||||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||||
| a) | Name | John Geddes | ||||||
| 2 | Reason for the notification | |||||||
| a) | Position/status | Group Company Secretary & Corporate Affairs Director | ||||||
| b) | Initial notification/Amendment | Initial notification | ||||||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||||
| a) | Name | John Menzies plc | ||||||
| b) | LEI | 5493008LNN1X4R79PJ89 | ||||||
| 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 |
| ||||||
| b) | Nature of the transaction | Award of Ordinary Shares under the Company’s BSP. | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information
| 4,141 627 pence | ||||||
| e) | Date of the transaction | 2018-03-26 | ||||||
| f) | Place of the transaction | Outside of trading venue | ||||||
For further information please contact:
| John Menzies plc | +44 (0) 131 459 8018 |
| John Geddes, Group Company Secretary & Corporate Affairs Director | |