16 Oct 2017 14:10
16 October 2017
ScS Group plc
Grant of Awards
ScS Group plc (the "Company") announces that on 16 October 2017 (the "Award Date") it granted nil-cost options (the "Awards") over ordinary shares of 0.1 pence in the Company (the "Shares") to eight PDMRs under the ScS Group plc Long-Term Incentive Plan, details of which are set out below:
Name | Number of Shares under Award |
David Knight | 176,909 |
Chris Muir | 138,752 |
Kevin Royal | 60,704 |
Marie Liston | 43,360 |
Gary Kemp | 36,133 |
Elaine Ray | 28,907 |
Paul Burke | 40,469 |
Simon Nicholson | 28,907 |
No payment was required for the grant of the Awards.
The Awards will ordinarily become exercisable on the third anniversary of the date of grant and remain exercisable up to and including the tenth anniversary of the date of grant, subject to the grantee's continued service and to the extent that the performance target applicable to the Awards has been met. Details of the performance target will be set out in the 2017 Annual Report.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail on the grant of Awards:
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | David Knight | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Executive Officer | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Chris Muir | ||||
2 | Reason for Notification | |||||
a) | Position/status | Chief Financial Officer | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Kevin Royal | ||||
2 | Reason for Notification | |||||
a) | Position/status | Managing Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Marie Liston | ||||
2 | Reason for Notification | |||||
a) | Position/status | Corporate Services Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Gary Kemp | ||||
2 | Reason for Notification | |||||
a) | Position/status | Logistics Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Elaine Ray | ||||
2 | Reason for Notification | |||||
a) | Position/status | Business Development Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Paul Burke | ||||
2 | Reason for Notification | |||||
a) | Position/status | Sales Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities / person closely associated | |||||
a) | Name | Simon Nicholson | ||||
2 | Reason for Notification | |||||
a) | Position/status | ScS Buying Director | ||||
b) | Initial notification/Amendment | Initial Announcement | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | ScS Group plc | ||||
b) | LEI | 213800LOXNVJIB4C7B98 | ||||
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 0.1 pence each in ScS Group plc GB00BRF0TJ56 | ||||
b) | Nature of the transaction | Grant of a nil cost option award under the ScS Group plc Long-Term Incentive Plan. The award will ordinarily become exercisable for seven years as from the third anniversary of grant subject to continued service and to the extent to which the performance targets are met. | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume - Price | Not applicable - single transaction | ||||
e) | Date of the transaction | 16 October 2017 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
ScS Group PLC David Knight, Chief Executive Officer Chris Muir, Chief Financial Officer
| c/o Buchanan +44 (0)20 7466 5000 |
Buchanan Richard Oldworth / Madeleine Seacombe | Tel: +44 (0)20 7466 5000 scs@buchanan.uk.com |