Last checked at 4 Oct 2017 16:06
4 October 2017
Notification of Transaction of PDMR
Pets at Home Group Plc
Pets at Home Group Plc ("the Company") makes the following announcement regarding one of its Persons Discharging Managerial Responsibility's (PDMR) participation in the Company's Sharesave Plan ("Sharesave")
The Sharesave Plan is a tax advantaged share option plan available to all of the Company's employees, subject to qualifying conditions. It offers the opportunity for employees to buy ordinary shares of 1 pence each ("Share") in the Company using savings accumulated over a three year period.
The PDMR detailed below has elected to cancel his participation in the 2015 offer of Sharesave, resulting in the lapsing of the options originally granted to him on 6th October 2015 with an exercise price of £2.30 per Share. The options would have become exercisable on 1st December 2018. 3,913 options lapsed. The notification of dealing form for the PDMR can be found below.
1 | Details of the person discharging managerial responsibilities/person closely associated
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a) | Name
| Ian Kellett | |||
2 | Reason for the notification
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a) | Position/status | Group Chief Executive Officer
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b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | Pets at Home Group Plc | |||
b) | LEI | N/A | |||
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 | Options over Ordinary shares of 1 pence each in Pets at Home Group Plc
ISIN GB00BJ62K685 | |||
b) | Nature of the Transaction | Ian Kellett cancelled his participation in the 2015 offer under the Pets at Home Group Sharesave Scheme and discontinued his monthly contributions resulting in the lapsing of the Options originally granted to him on the 6th October 2015 with an exercise price of £2.30 per Share. The Sharesave is a tax advantaged share scheme offered to all eligible employees of the Company.
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c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
|
| £2.30 | 3,913 | ||
d) | Aggregated information
- Aggregated volume
- Price
| Price
| Aggregated volume | Aggregate Total | |
£2.30 per Share | 3,913 | 8999.90 | |||
e) | Date of Transaction | 3rd October 2017 | |||
f) | Place of Transaction | London Stock Exchange (XLON) | |||
This announcement is made in accordance with Article 19 of the Market Abuse Regulation and the Disclosure and Transparency Rules.
Persons responsible for arranging the release of this announcement
Louise Stonier
Group Legal Director and Company Secretary
Pets at Home Group Plc
Epsom Avenue
Stanley Green Trading Estate
Handforth
Cheshire
SK9 3RN
Tel: 0161 486 3590
Email: companysecretary@petsathome.co.uk