Last checked at 29 Sep 2017 13:00
FOR IMMEDIATE RELEASE
29 September 2017
Safestore Holdings plc
Director/PDMR Shareholding
Safestore Holdings plc (the 'Company') announces that awards have been granted under the Company's Long Term Incentive Plan approved by shareholders at the general meeting on 25 July 2017.
Awards in respect of 6,163,000 shares were granted to 53 participants on 29 September 2017. The awards were granted as a nil cost option, where a participant will normally be entitled to exercise their award and receive free shares between the fifth and tenth anniversary of grant, subject to the extent to which performance conditions have been satisfied. No consideration was paid for the grant of the award. No price is payable on the exercise of the award.
The Company has been notified of the following transactions in the Company's Ordinary 1p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs'). The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | FREDERIC VECCHIOLI | |
2 | Reason for the notification | ||
a) | Position/status | PDMR, 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 | SAFESTORE HOLDINGS PLC | |
b) | LEI | 213800WGA3YSJC1YOH73 | |
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 1P EACH
GB00B1N7Z094 | |
b) | Nature of the transaction | Award of options pursuant to the Safestore Long Term Incentive Plan | |
c) | Price(s) and volume(s) | Price(s) Nil payable on grant | Volume(s) 2,000,000 |
d) | Aggregated information - Aggregated volume - Price | N/A Single transaction | |
e) | Date of the transaction | 29 September 2017 | |
f) | Place of the transaction | Grant of options occurred outside a trading venue | |
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) | Name | ANDY JONES | |
2 | Reason for the notification | ||
a) | Position/status | PDMR, 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 | SAFESTORE HOLDINGS PLC | |
b) | LEI | 213800WGA3YSJC1YOH73 | |
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 1P EACH
GB00B1N7Z094 | |
b) | Nature of the transaction | ||
c) | Price(s) and volume(s) | Price(s) Nil payable on grant | Volume(s) 1,340,000 |
d) | Aggregated information - Aggregated volume - Price | N/A Single transaction
| |
e) | Date of the transaction | 29 September 2017 | |
f) | Place of the transaction | Grant of options occurred outside a trading venue | |