15 Jun 2018 15:01
Sophos Group Plc
(the Company)
15 June 2018
Notification of Transaction by Person Discharging Managerial Responsibilities
Sophos Group plc announces the grant of restricted share units (RSU) and performance share units (PSU) under the Sophos Group Long Term Incentive Plan 2015 (LTIP), (being rights to acquire shares for nil cost) on 14 June 2018. The following PDMRs have been granted RSUs and PSUs over ordinary shares of 3p each in the capital of the Company (Shares):
Position | Number of RSUs granted | Number of PSUs granted | Total award granted | |
Kris Hagerman | Chief Executive Officer | 116,763 | 350,291 | 467,054 |
Nick Bray | Chief Financial Officer | 49,451 | 148,351 | 197,802 |
The RSUs will vest over 4 years, subject to continued employment only, with 25% of the awards vesting on 1 June 2019 and the remainder vesting on a quarterly basis thereafter until 1 June 2022. The PSUs will vest on 14 June 2021 subject to the satisfaction of performance conditions.
The information set out below is provided in accordance with the requirements of Article 19(3) of the EU Market Abuse Regulation No 596/2014 and provides further detail.
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Kris Hagerman | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief 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 | Sophos Group plc | |||||||||
b) | LEI | 21380078ZKBCC75BO206 | |||||||||
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 3p each in Sophos Group plc (Shares)
GB00BYZFZ918 | |||||||||
b)
| Nature of the transaction
| Grant of restricted share units (RSU) and performance share units (PSU) over Shares under the LTIP (being rights to acquire shares for nil cost).
The RSUs will vest over 4 years, subject to continued employment only, with 25% of the awards vesting on 1 June 2019 and the remainder vesting on a quarterly basis thereafter until 1 June 2022.
The PSUs will vest on 14 June 2021 subject to the satisfaction of performance conditions. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable
Total price: £ 0.00
| |||||||||
e) | Date of the transaction | 14 June 2018 | |||||||||
f) | Place of the transaction | Outside a trading venue | |||||||||
1
| Details of the person discharging managerial responsibilities / person closely associated | ||||||||||
a) | Name | Nick Bray | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Financial Officer / Director | |||||||||
b) | Initial notification /Amendment | Initial notification | |||||||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Sophos Group plc | |||||||||
b) | LEI | 21380078ZKBCC75BO206 | |||||||||
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 3p each in Sophos Group plc (Shares)
GB00BYZFZ918 | |||||||||
b)
| Nature of the transaction
| Grant of restricted share units (RSU) and performance share units (PSU) over Shares under the LTIP (being rights to acquire shares for nil cost).
The RSUs will vest over 4 years, subject to continued employment only, with 25% of the awards vesting on 1 June 2019 and the remainder vesting on a quarterly basis thereafter until 1 June 2022.
The PSUs will vest on 14 June 2021 subject to the satisfaction of performance conditions. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Not applicable
Total price: £ 0.00
| |||||||||
e) | Date of the transaction | 14 June 2018 | |||||||||
f) | Place of the transaction | Outside a trading venue | |||||||||
Chloe Barry
Group Company Secretary
www.sophos.com