Last checked at 20 Aug 2018 14:52
SuperdryPlc
("Superdry" or "the Company")
20 August 2018
Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") and persons closely associated with them ("PCA")
Superdry Performance Share Plan ("PSP"):
Vesting of 2015 Conditional Share Awards
On 14 August 2018, the conditional share awards granted over the ordinary shares of 5 pence each ("Ordinary Shares") in the capital of Superdry on 14 August 2015 under the Superdry 2015 PSP, vested in accordance with the PSP rules at 100 per cent. The PDMRs named below received in satisfaction of the vesting of their awards under the 2015 PSP, and subsequently sold, the number of Ordinary Shares set out against their names in the table immediately below. In the cases of Andrea Cartwright, Chris Lacey and Euan Sutherland the proceeds of the shares sold were used to settle the income tax, national insurance liability and dealing charges incurred as a result of their awards vesting. The balance of shares retained by the PDMRs is also set out in the table.
Number of Ordinary Shares | |||
Name / Position of PDMR | Acquired under 2015 PSP | Sold at £11.26495 per share | Retained |
Andrea Cartwright - Group HR Director | 21,384 | 10,086 | 11,298 |
Chris Lacey - Digital Director | 7,377 | 3,480 | 3,897 |
Euan Sutherland - Chief Executive Officer | 96,228 | 45,387 | 50,841 |
Jon Wragg - Global Trading Director | 25,660 | 25,660 | - |
The transactions were notified to the Company by the PDMRs on 16 August 2018.
This announcement, including the notification(s) below, is made in accordance with the requirements of the EU Market Abuse Regulation.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| 1. Andrea Cartwright 2. Chris Lacey 3. Euan Sutherland 4. Jon Wragg
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| 1. Group HR Director/PDMR 2. Digital Director/PDMR 3. Chief Executive Officer/PDMR 4. Global Trading Director/PDMR
| ||||
b)
| Initial notification /Amendment
| Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Superdry Plc | ||||
b)
| LEI
| 213800GAQMT2WL7BW361 | ||||
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 5 pence each
ISIN: GB00B60BD277
| ||||
b)
| Nature of the transaction
| Vesting of conditional share awards under the Superdry 2015 Performance Share Plan.
Shares acquired and then sold.
| ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
|
| ||||
e)
| Date of the transaction
| 15 August 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
For further information:
| |
Superdry Plc | |
Simon Callander Group General Counsel and Company Secretary | +44 (0) 1242 586643 |