Last checked at 7 Apr 2021 16:27
For Immediate Release | 07 April 2021 |
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Softcat plc
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("Softcat", the "Company")
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Notification of Transactions by
Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
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The following notification is made under Article 19 of the Market Abuse Regulation ("MAR"). It relates to the exercise of 66,864 nil-cost options by persons discharging managerial responsibilities ("PDMR") on 7 April 2021 under the Softcat plc Long Term Incentive Plan ("LTIP") and the sale of a portion of the resulting Ordinary Shares ("Shares") to cover tax liabilities. The remaining Shares have been retained by the PDMR.
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1. | Details of PDMR / person closely associated with them ("PCA") | ||||||||||
a) | Name | Graeme Watt | |||||||||
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 | Softcat plc | |||||||||
b) | LEI | 213800N42YZLR9GLVC42 | |||||||||
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 Identification Code | Ordinary Shares of £0.0005 each ISIN: GB00BYZDVK82 | |||||||||
b) | Nature of the transaction | Exercise of nil-cost options under the Softcat plc LTIP (awarded on 4 April 2018), with a sale of sufficient Shares to cover the PDMR's liabilities in respect of income tax and national insurance contributions. The Shares resulting from the exercise were treated as follows: i. sale of Shares; and ii. retention of Shares. | |||||||||
c) | Price(s) and volume(s) | i. Sale of Shares
 ii. Retention of Shares
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d) | Aggregated information Volume Price | Â N/A Â | |||||||||
e) | Date of the transaction | Â 07 April 2021 | |||||||||
f) | Place of the transaction | London Stock Exchange | |||||||||
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Softcat plc | Â |
Luke Thomas, Company Secretary | Tel: +44 (0)20 7167 4961 |
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