1 Aug 2023 14:59
Wincanton Plc - Director/PDMR ShareholdingWincanton Plc - Director/PDMR Shareholding
PR Newswire
LONDON, United Kingdom, August 01
01 August 2023
LEI: 213800Z5WTW8QKOHWQ82
WINCANTON plc ("Wincanton" or the "Company")
Grant of Nil-Cost Option Awards
Wincanton plc, a leading British supply chain solutions company, announces the following nil-cost option awards over Ordinary 10p Shares in the Company, granted under the Company's Long Term Incentive Plan 2023 ("LTIP") to persons discharging managerial responsibilities ("PDMR"s).
Performance measures for awards granted in 2023 will be based on 50% TSR relative to an appropriate comparator group, and 50% EPS growth.
The vesting date applying to each award is the third anniversary of the Award date.
The awards for Mr Wroath, Chief Executive Officer, and Mr Hinton, Chief Financial Officer, are subject to a holding period, ending on the fifth anniversary of the Award date.
| PDMR | Total number of options granted |
| James Wroath | 331,172 |
| Tom Hinton | 208,000 |
| Lyn Colloff | 38,590 |
| Paul Durkin | 38,946 |
| Ian Keilty | 155,786 |
| Daniel Porte | 38,946 |
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | James Wroath | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Executive Officer/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Wincanton plc | |
| b) | LEI | 213800Z5WTW8QKOHWQ82 | |
| 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 | Ordinary Shares of 10p each in Wincanton plc | |
|
| Identification code | ISIN: GB0030329360 | |
| b) | Nature of the transaction | Grant of nil-cost options over 331,172 Ordinary 10p Shares | |
| c) | Price(s) and volume(s) | Price £2.43 | Volume 331,172 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 31 July 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Tom Hinton | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Financial Officer/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Wincanton plc | |
| b) | LEI | 213800Z5WTW8QKOHWQ82 | |
| 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 | Ordinary Shares of 10p each in Wincanton plc | |
|
| Identification code | ISIN: GB0030329360 | |
| b) | Nature of the transaction | Grant of nil-cost options over 208,000 Ordinary 10p Shares | |
| c) | Price(s) and volume(s) | Price £2.43 | Volume 208,000 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 31 July 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Lyn Colloff | |
| 2 | Reason for the notification | ||
| a) | Position/status | Company Secretary/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Wincanton plc | |
| b) | LEI | 213800Z5WTW8QKOHWQ82 | |
| 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 | Ordinary Shares of 10p each in Wincanton plc | |
|
| Identification code | ISIN: GB0030329360 | |
| b) | Nature of the transaction | Grant of nil-cost options over 38,590 Ordinary 10p Shares | |
| c) | Price(s) and volume(s) | Price £2.43 | Volume 38,590 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 31 July 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Paul Durkin | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Customer & Innovation Officer/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Wincanton plc | |
| b) | LEI | 213800Z5WTW8QKOHWQ82 | |
| 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 | Ordinary Shares of 10p each in Wincanton plc | |
|
| Identification code | ISIN: GB0030329360 | |
| b) | Nature of the transaction | Grant of nil-cost options over 38,946 Ordinary 10p Shares | |
| c) | Price(s) and volume(s) | Price £2.43 | Volume 38,946 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 31 July 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Ian Keilty | |
| 2 | Reason for the notification | ||
| a) | Position/status | COO/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Wincanton plc | |
| b) | LEI | 213800Z5WTW8QKOHWQ82 | |
| 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 | Ordinary Shares of 10p each in Wincanton plc | |
|
| Identification code | ISIN: GB0030329360 | |
| b) | Nature of the transaction | Grant of nil-cost options over 155,786 Ordinary 10p Shares | |
| c) | Price(s) and volume(s) | Price £2.43 | Volume 155,786 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 31 July 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | ||
| a) | Name | Daniel Porte | |
| 2 | Reason for the notification | ||
| a) | Position/status | Strategy Director/PDMR | |
| b) | Initial notification/Amendment | Initial Notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Wincanton plc | |
| b) | LEI | 213800Z5WTW8QKOHWQ82 | |
| 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 | Ordinary Shares of 10p each in Wincanton plc | |
|
| Identification code | ISIN: GB0030329360 | |
| b) | Nature of the transaction | Grant of nil-cost options over 38,946 Ordinary 10p Shares | |
| c) | Price(s) and volume(s) | Price £2.43 | Volume 38,946 |
| d) | Aggregated information | N/A | |
| e) | Date of the transaction | 31 July 2023 | |
| f) | Place of the transaction | Outside a trading venue | |
-Ends-
About Wincanton
Wincanton is a leading British supply chain solutions company. The Group provides business critical services including storage, handling and distribution; high volume eFulfilment; retailer `dark stores'; two-person home delivery; fleet and transport management; and network optimisation for many of the UK's best-known companies.
The Group is active across a range of markets including food and consumer goods; retail and manufacturing; eCommerce; the public sector; major infrastructure; building materials; fuel; and defence. With almost 100 years' heritage, Wincanton's 20,300-strong team operates from 160 sites across the country, responsible for 7,400 vehicles.
For further information please contact:
Wincanton plc Tel: +44 1249 710 000
Lyn Colloff, Company Secretary
Company.secretary@wincanton.co.uk
Headland Tel: +44 20 3805 4822
Susanna Voyle/ Henry Wallers
E: wincanton@headlandconsultancy.com