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Director/PDMR Shareholding

8 Jan 2018 17:34

RNS Number : 2814B
Thomas Cook Group PLC
08 January 2018
 

8 January 2018

 

Thomas Cook Group plc (the "Company")

PDMR Transaction Notification

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Peter Fankhauser

2.

Reason for the notification

a)

Position / status

 PDMR - Chief Executive Officer

 

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Thomas Cook Group plc

b)

LEI

54930047DBKKLH3SF728

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

Ordinary shares of €0.01 each in the capital of the Company

ISIN  GB00B1VYCH82

b)

Nature of the transaction

Vesting of 193,702 shares in respect of 8 January 2016 award under the Company's Deferred Bonus Plan and receipt of 1,142 dividend equivalent shares in respect of this award. Subsequent sale of 91,348 vesting shares to cover resulting taxes.

 

Information in respect of the FY15 bonus payment to which this deferred share award relates was disclosed in the Company's Annual Report 2015.

 

 

c)

Price(s) and volume(s)

 

Prices(s)

Volume(s)

£1.2708

91,348

d)

Aggregated information

 

n/a

e)

Date of the transaction

8 January 2018

f)

Place of the transaction

London Stock Exchange (XLON)

 

 

 

 

 

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Peter Fankhauser

2.

Reason for the notification

a)

Position / status

 PDMR - Chief Executive Officer

 

b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Thomas Cook Group plc

b)

LEI

54930047DBKKLH3SF728

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

Ordinary shares of €0.01 each in the capital of the Company

ISIN  GB00B1VYCH82

b)

Nature of the transaction

Grant of award under the Company's Deferred Bonus Plan (the "DBP").

 

As reported in the Company's Annual Report 2017, a third of the FY17 bonus payable to the above named PDMR is deferred in the form of a Deferred Bonus Award made under the DBP. The shares will vest two years after the cash bonus payment date subject to continued employment and certain clawback provisions.

c)

Price(s) and volume(s)

 

Prices(s)

Volume(s)

n/a

222,558

d)

Aggregated information

 

n/a

e)

Date of the transaction

8 January 2018

f)

Place of the transaction

Outside a trading venue

 

 

Enquires:

Alice Marsden

Group General Counsel and Company Secretary

020 7557 6400

Alice Macandrew

Group Communications Director

0207 557 6409

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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