Sign In
Last checked at 
22 Jul 2019 15:30
Watches of Switzerland Group PLC
Notification of transactions by Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them
Watches of Switzerland Group PLC (the "Company") announces the following persons discharging managerial responsibility were granted awards under the Watches of Switzerland Group PLC 2019 Long Term Incentive Plan. The awards were granted in the form of nil cost options and vest by reference to a three- year cumulative EPS (pre-exceptionals and pre IFRS 16 adjustment) performance measure with 20% of the award vesting at a cumulative EPS of 62.11p and 100% of the award vesting at a cumulative EPS of 68.65p.Options vest on a straight line basis between those targets.
For enquiries, contact:
Paul Eardley | Company Secretary | +44 207 317 4604 |
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Brian Duffy | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive 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 | Watches of Switzerland Group PLC | ||||
b) | LEI | 2138008ZOT5K9PJW7168 | ||||
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 instrumentIdentification code | Ordinary Shares of £0.0125
ISIN: GB00BJDQQ870 | ||||
b) | Nature of the transaction | Grant of nil cost options under the Watches of Switzerland Group PLC 2019 Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information- Aggregated volume- Price |
N/A
N/A | ||||
e) | Date of the transaction | July 22nd 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Anders Romberg | ||||
2 | Reason for the notification | |||||
a) | Position/status | Executive 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 | Watches of Switzerland Group PLC | ||||
b) | LEI | 2138008ZOT5K9PJW7168 | ||||
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 instrumentIdentification code | Ordinary Shares of £0.0125
ISIN: GB00BJDQQ870 | ||||
b) | Nature of the transaction | Grant of nil cost options under the Watches of Switzerland Group PLC 2019 Long Term Incentive Plan | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information- Aggregated volume- Price |
N/A
N/A | ||||
e) | Date of the transaction | July 22nd 2019 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Follow the stocks
