Last checked at 30 Jun 2017 10:40
Workspace Group PLC (the "Company")
Director/PDMR Shareholding
30 June 2017
Workspace Group PLC announces that on 29 June 2017, it was notified that each of Jamie Hopkins, Graham Clemett, Angus Boag and Chris Pieroni (each a person discharging managerial responsibility for the Company, together the "PDMRs") had disposed of a number of ordinary shares of £1.00 each in the capital of the Company ("Ordinary Shares") in order to satisfy income tax and national insurance liabilities (and associated costs) arising on the vesting of awards under the Workspace Group PLC Long Term Incentive Plan. An announcement detailing the award of Ordinary Shares pursuant to a vesting under the Workspace Group PLC Long Term Incentive Plan was released on 28 June 2017.
Following the vesting and subsequent sale of such Ordinary Shares to satisfy income tax and national insurance liabilities, each of the PDMRs is required to retain the balance of Ordinary Shares arising on vesting for 12 months from 26 June 2017. These are listed as follows:
Jamie Hopkins: 62,329 Ordinary Shares
Graham Clemett: 42,765 Ordinary Shares
Angus Boag: 38,497 Ordinary Shares
Chris Pieroni: 38,497 Ordinary Shares
The notifications set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
1. | Details of PDMR/person closely associated with them ('PCA') | |||||
a) | Name | Jamie Hopkins | ||||
2. | Reason for the notification | |||||
a) | Position/status | 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 | Workspace Group PLC | ||||
b) | LEI | 2138003GUZRFIN3UT430 | ||||
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 transaction(s) has been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of £1.00 each ("Ordinary Shares") ISIN: GB00B67G5X01
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b) | Nature of the transaction | Sale of 56,393 Ordinary Shares to satisfy tax and national insurance liabilities.
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c) | Price(s) and volume(s) |
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d) | Aggregated information
| N/A
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e) | Date of the transaction | 29 June 2017 | ||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
1. | Details of PDMR/person closely associated with them ('PCA') | |||||
a) | Name | Graham Clemett | ||||
2. | Reason for the notification | |||||
a) | Position/status | Chief Financial Officer | ||||
b) | Initial notification/ amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Workspace Group PLC | ||||
b) | LEI | 2138003GUZRFIN3UT430 | ||||
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 transaction(s) has been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of £1.00 each ("Ordinary Shares") ISIN: GB00B67G5X01
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b) | Nature of the transaction | Sale of 38,693 Ordinary Shares to satisfy tax and national insurance liabilities.
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c) | Price(s) and volume(s) |
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d) | Aggregated information
| N/A
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e) | Date of the transaction | 29 June 2017 | ||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
1. | Details of PDMR/person closely associated with them ('PCA') | |||||
a) | Name | Angus Boag | ||||
2. | Reason for the notification | |||||
a) | Position/status | Development Director | ||||
b) | Initial notification/ amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Workspace Group PLC | ||||
b) | LEI | 2138003GUZRFIN3UT430 | ||||
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 transaction(s) has been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of £1.00 each ("Ordinary Shares") ISIN: GB00B67G5X01
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b) | Nature of the transaction | Sale of 34,831 Ordinary Shares to satisfy tax and national insurance liabilities.
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c) | Price(s) and volume(s) |
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d) | Aggregated information
| N/A
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e) | Date of the transaction | 29 June 2017 | ||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||
1. | Details of PDMR/person closely associated with them ('PCA') | |||||
a) | Name | Chris Pieroni | ||||
2. | Reason for the notification | |||||
a) | Position/status | Operations Director | ||||
b) | Initial notification/ amendment | Initial notification | ||||
3. | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Workspace Group PLC | ||||
b) | LEI | 2138003GUZRFIN3UT430 | ||||
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 transaction(s) has been conducted | |||||
a) | Description of the financial instrument | Ordinary shares of £1.00 each ("Ordinary Shares") ISIN: GB00B67G5X01
| ||||
b) | Nature of the transaction | Sale of 34,831 Ordinary Shares to satisfy tax and national insurance liabilities.
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c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information
| N/A
| ||||
e) | Date of the transaction | 29 June 2017 | ||||
f) | Place of the transaction
| London Stock Exchange, Main Market (XLON) | ||||