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Last checked at 
5 Jul 2018 10:54
5 July 2018
Ramsdens Holdings PLC
("Ramsdens" or the "Company")
Director/PDMR Shareholding
Ramsdens, the diversified financial services provider and retailer, announces that on 2 July 2018, the following conditional awards were granted over 1p ordinary shares in the capital of the Company under the Ramsdens Long Term Incentive Plan ("LTIP").
Executives | Role | Number of LTIP shares awarded |
Peter Kenyon | CEO (Director) | 50,000 |
Martin Clyburn | CFO (Director) | 25,000 |
Mike Johnson | Operations Director of trading subsidiary (PDMR) | 25,000 |
Jason Carr | IT Director of trading subsidiary (PDMR) | 15,000 |
The intention to grant the conditional awards was disclosed in Ramsdens' 2018 Annual Report and Accounts, published on the 15 June 2018.
The LTIP awards for the Directors and PDMRs will vest in 2021 in accordance with the plan rules and are subject to the achievement of performance targets with 50% of any award based on growing the Earnings per Share and 50% of any award based on the delivery of the Total Shareholder Return.
These targets will be measured over a three-year performance period for the three financial years to 31st March 2021. The amounts shown above represent the maximum possible awards to the executive team should the performance targets be achieved.
A further 12 members of the senior management team have been granted conditional awards as part of the Company's remuneration strategy to align the senior team with its shareholders and longer-term objectives.
For further information please contact:
Enquiries:
Ramsdens Holdings PLC Tel: +44 (0) 1642 579957
Peter Kenyon, CEO
Martin Clyburn, CFO
Liberum Capital Limited, Nominated Adviser Tel: +44 (0) 20 3100 2000
Richard Crawley
Joshua Hughes
Hudson Sandler (Financial PR) Tel: +44 (0) 20 7796 4133
Alex Brennan
The below notification is made in accordance with the requirements of the EU Market Abuse Regulation, gives further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Peter Kenyon | ||||
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 | Ramsdens Holdings PLC | ||||
b) | LEI | 2138009OAUOROKMFPK95 | ||||
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
| Ordinary shares of £0.01 in Ramsdens Holdings PLC
ISIN: GB00BDR6V192 | ||||
b) | Nature of the transaction | Grant of LTIP award under Ramsdens Long Term Incentive Plan. | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e) | Date of the transaction | 2 July 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Martin Clyburn | ||||
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 | Ramsdens Holdings PLC | ||||
b) | LEI | 2138009OAUOROKMFPK95 | ||||
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
| Ordinary shares of £0.01 in Ramsdens Holdings PLC
ISIN: GB00BDR6V192 | ||||
b) | Nature of the transaction | Grant of LTIP award under Ramsdens Long Term Incentive Plan. | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e) | Date of the transaction | 2 July 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Michael Johnson | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ramsdens Holdings PLC | ||||
b) | LEI | 2138009OAUOROKMFPK95 | ||||
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
| Ordinary shares of £0.01 in Ramsdens Holdings PLC
ISIN: GB00BDR6V192 | ||||
b) | Nature of the transaction | Grant of LTIP award under Ramsdens Long Term Incentive Plan. | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e) | Date of the transaction | 2 July 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated
| |||||
a) | Name | Jason Carr | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR | ||||
b) | Initial notification/ Amendment | Initial Notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Ramsdens Holdings PLC | ||||
b) | LEI | 2138009OAUOROKMFPK95 | ||||
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
| Ordinary shares of £0.01 in Ramsdens Holdings PLC
ISIN: GB00BDR6V192 | ||||
b) | Nature of the transaction | Grant of LTIP award under Ramsdens Long Term Incentive Plan. | ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
N/A | ||||
e) | Date of the transaction | 2 July 2018 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
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