4 Dec 2018 15:41
Shaftesbury PLC (the "Company")
Director/PDMR shareholding
The following transactions were undertaken on 3 December 2018 by directors of the Company in the Deferred Annual Share Bonus Scheme ("DASBS"):
1. Grant of awards under the DASBS
The following awards were made in respect of the annual bonus for the year ended 30 September 2018. The directors below elected to take their bonus entirely in shares. Shares were acquired at a price of £8.6966 per share and are held in an employee benefit trust for the three year deferral period.
Name | Number of shares awarded |
Brian Bickell | 45,276 |
Simon Quayle | 31,965 |
Tom Welton | 31,965 |
Chris Ward | 31,603 |
2. Exercise of awards under the DASBS
Following the vesting of the awards granted in December 2015, in the DASBS, the directors sold sufficient shares to meet income tax and national insurance liabilities and retained the balance.
The changes in directors' shareholdings resulting from this transaction are as follows:
Name | Number of shares vesting | Number of shares sold | Number of shares retained | Number of shares after transaction |
Brian Bickell | 42,436 | 20,016 | 22,420 | 1,263,012 |
Simon Quayle | 29,928 | 14,116 | 15,812 | 1,099,264 |
Tom Welton | 29,928 | 14,116 | 15,812 | 893,382 |
Chris Ward | 29,258 | 13,800 | 15,458 | 167,285 |
The ordinary shares were sold at an average price of £8.6966 per share.
Full details on the DASBS scheme may be found in the Company's Annual Report.
Penny Thomas
Company Secretary
4 December 2018