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Pin to quick picksVirgin Money Uk Regulatory News (VMUK)

Share Price Information for Virgin Money Uk (VMUK)

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Share Price: 182.50
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Change: -2.50 (-1.35%)
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Open: 182.15
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Yest. Close: 185.00
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Director/PDMR Shareholding

Tue, 3rd Dec 2019 15:00

RNS Number : 5457V
Virgin Money UK PLC
03 December 2019
 

 

VIRGIN MONEY UK PLC

(Company)

 

LEI: 213800ZK9VGCYYR6O495

 

3 December 2019

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES (PDMRs) AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

The Company announces that on 2 December 2019 the following PDMR received ordinary shares in the Company and sold a portion of the shares received to cover his tax liability and sale costs.  The sale of shares to cover tax liabilities is a standard procedure executed by the Company for all employees to cover the statutory tax and national insurance obligations that it is required to meet in respect of share awards.  The shares released relate to the final tranche of his additional 2015 demerger award which was granted on 31 May 2016 under the Deferred Equity Plan (Plan).

 

For and on behalf of the Board.

Lorna McMillan

Group Company Secretary

 

 

This announcement is made in accordance with the requirements of the FCA's DTR Disclosure Guidance and Transparency Rules Sourcebook and EU Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Gavin Opperman

 

2

 

Reason for the notification

 

a)

 

Position/status

 

PDMR

b)

 

Initial notification /Amendment

 

Initial Notification

3

 

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

 

a)

 

Name

 

Virgin Money UK PLC

b)

 

LEI

 

 

213800ZK9VGCYYR6O495

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 £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(1)   Release of Commencement award under the Deferred Equity Plan (including dividend equivalents)

 

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(1)

Nil-consideration

28,759

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 2 December 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

5

 

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 £0.10 each

 

 

 

GB00BD6GN030

b)

 

Nature of the transaction

 

 

(2)   Shares sold to cover tax liabilities and sale costs

c)

 

Price(s) and volume(s)

 

 

 


Price(s)

 

Volume(s)

(2)

£1.805

13,565

d)

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

N/A

 

e)

 

Date of the transaction

 

All transactions took place on 2 December 2019

f)

 

Place of the transaction

 

London / London Stock Exchange (LON:LSE)

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
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Date   Source Headline
10th Dec 20195:18 pmRNSDirector/PDMR Shareholding
10th Dec 20195:11 pmRNSDirector/PDMR Shareholding
10th Dec 201912:11 pmRNSHolding(s) in Company
3rd Dec 20193:00 pmRNSDirector/PDMR Shareholding
3rd Dec 20192:43 pmRNSDirector/PDMR Shareholding

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