13 Dec 2019 14:41
Shaftesbury PLC (the "Company")
Director/PDMR shareholding
The following transactions were undertaken on 12 December 2019 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 2019. The directors below elected to take their bonus entirely in shares. Shares were acquired at a price of 914.75 pence per share and are held in an employee benefit trust for the three year deferral period.
Name | Number of shares awarded |
Brian Bickell | 48,087 |
Simon Quayle | 33,944 |
Tom Welton | 33,944 |
Chris Ward | 33,944 |
2. Exercise of awards under the DASBS
Following the vesting of the awards granted in December 2016, 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 | 48,988 | 22,123 | 26,865 | 1,292,665 |
Simon Quayle | 34,544 | 16,293 | 18,251 | 1,120,303 |
Tom Welton | 34,544 | 16,293 | 18,251 | 914,421 |
Chris Ward | 33,787 | 15,936 | 17,851 | 189,941 |
The ordinary shares were sold at an average price of 914.75 pence per share.
Full details on the DASBS scheme may be found in the Company's 2019 Annual Report.
Penny Thomas
Company Secretary
13 December 2019
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Brian Bickell | |||
2
| Reason for the notification | ||||
a)
| Position/status | Chief Executive | |||
b)
| Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Grant of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
914.75p | 48,087 | ||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 48,087 | ||||
- Price | £439,875.83 | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Simon Quayle | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Grant of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
914.75p | 33,944 | ||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 33,944 | ||||
- Price | £310,502.74 | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Tom Welton | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Grant of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
914.75p | 33,944 | ||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 33,944 | ||||
- Price | £310,502.74 | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Chris Ward | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Finance Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Grant of shares under the Company's Deferred Annual Share Bonus Scheme ("DASBS") | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
914.75p | 33,944 | ||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 33,944 | ||||
- Price | £310,502.74 | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Brian Bickell | |||
2
| Reason for the notification | ||||
a)
| Position/status | Chief Executive | |||
b)
| Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Release of shares under the Company's Deferred Annual Share Bonus Scheme, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
26,865 | |||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 26,865 | ||||
- Price | N/A | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Simon Quayle | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Release of shares under the Company's Deferred Annual Share Bonus Scheme, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
18,251 | |||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 18,251 | ||||
- Price | N/A | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Tom Welton | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Executive Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Release of shares under the Company's Deferred Annual Share Bonus Scheme, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
18,251 | |||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 18,251 | ||||
- Price | N/A | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||
1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
a)
| Name | Chris Ward | |||
2
| Reason for the notification
| ||||
a)
| Position/status | Finance Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||
a)
| Name
| Shaftesbury PLC | |||
b)
| LEI | 213800N7LHKFNTDKAT98 | |||
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 | Ordinary shares 25p | |||
Identification code | GB0007990962 | ||||
b)
| Nature of the transaction | Release of shares under the Company's Deferred Annual Share Bonus Scheme, and the sale of sufficient shares to meet tax and NI liability. The number below represents the number of shares retained following the sale. | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
17,851 | |||||
| |||||
d)
| Aggregated information | ||||
- Aggregated volume | 17,851 | ||||
- Price | N/A | ||||
e)
| Date of the transaction | 12 December 2019 | |||
f)
| Place of the transaction
| London Stock Exchange | |||