10 Aug 2018 10:56
Sophos Group plc
(the Company)
10 August 2018
Notification of Transaction by Persons Discharging Managerial Responsibilities
On 7 August 2018, performance share units (PSU) and restricted share units (RSU) vested under the Sophos Group Long Term Incentive Plan 2015 (LTIP). The PSU and RSU were granted on 7 August 2015. The vesting of the PSU was subject to the satisfaction of performance conditions.
The following PDMRs have completed the sale of ordinary shares of 3p each in the capital of the Company (Shares) to cover the tax obligations falling due:
PDMR | Type of award | Number vested | Number of shares sold to cover tax obligations falling due | Shares retained
|
Kris Hagerman | PSU | 831,686 | 412,350 | 419,336 |
RSU | 113,238 | 56,144 | 57,094 | |
Nick Bray | PSU | 391,382 | 183,950 | 207,432 |
RSU | 49,158 | 23,105 | 26,053 |
Following this transaction, Kris Hagerman and Nick Bray have total beneficial interests over 2,560,544 and 372,585 Shares, respectively.
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
| Sale of Shares to cover the tax obligations falling due in relation to the vesting of PSU and RSU under the Sophos Group Long Term Incentive Plan 2015 (LTIP). | ||||
c) | Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Total number of Shares sold by the PDMR on 9 August 2018: 468,494
Total price: £2,348,513.57
| ||||
e) | Date of the transaction | 9 August 2018 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
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
| Sale of Shares to cover the tax obligations falling due in relation to the vesting of PSU and RSU under the Sophos Group Long Term Incentive Plan 2015 (LTIP). | ||||
c) | Price(s) and volume(s) |
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
Total number of Shares sold by PDMR on 9 August 2018: 207,055
Total price: £ 1,037,946.01
| ||||
e) | Date of the transaction | 9 August 2018 | ||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||
Chloe Barry
Group Company Secretary
www.sophos.com