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Last checked at 
9 Apr 2019 07:01
9 April 2019
S & U PLC ("S&U" or "the Company")
Director/PDMR Shareholding
The Company has granted share options in respect of 7,500 ordinary shares of 12.5p each in S & U to a Director of the Company under the Company's 2010 Long Term Incentive Plan ("LTIP").
The LTIP option awards were all made on 8 April 2019.
The earliest date the awards will vest is on 8 April 2022 all at an exercise price of 12.5p each. The vesting of the awards is subject to each person remaining in employment with the Company for three years from the date of the award and meeting challenging performance targets.
The award is as follows:
Name of Director
| Number of ordinary shares under LTIP option awarded | Total number of shares over which options held under LTIP and DSOP following notification | Number of ordinary shares owned outright |
CH Redford | 7,500 | 15,000 | 16,000 |
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.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Chris Redford | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Director | ||||
b)
| Initial notification /Amendment
| Initial notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| S&U PLC | ||||
b)
| LEI
| 213800QZ1X2A7J64SQ31
| ||||
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
| Share options over Ordinary shares of 12.5p each
ISIN : GB0007655037
| ||||
b)
| Nature of the transaction
| Grant of share options in respect of 7,500 ordinary shares under the Company's 2010 Long Term Incentive Share Scheme | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
| N/A (Single transaction)
| ||||
e)
| Date of the transaction
| 8th April 2019 | ||||
f)
| Place of the transaction
| Solihull | ||||
Enquiries:
Anthony Coombs | S&U plc | c/o Newgate Communications |
Financial Public Relations Bob Huxford, Tom Carnegie | Newgate Communications | 020 7653 9848
|
Broker Adrian Trimmings, Rishi Shah, Andrew Buchanan | Peel Hunt LLP | 020 7418 8900 |
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