8 Dec 2017 16:05
ZPG Plc
(the "Company")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with MAR 19(6)
8 December 2017
The Company announces that on 8 December 2017, having been approved by the Remuneration Committee, the following Nil Cost Options under the ZPG Long Term Incentive Plan have been granted to the following four persons discharging managerial responsibilities ("PDMR"):
PDMR | Position | Nil Cost Options awarded |
Andy Botha
| Chief Financial Officer | 146,520 |
Mark Goddard | Managing Director, Property Services | 64,865 |
Steve Weller | Managing Director, Comparison Services | 71,504 |
Charlie Bryant | Managing Director, Data Services | 109,126 |
The number of Nil Cost Options awarded has been calculated by reference to the closing market price on 7 December 2017 of £3.276.
These Nil Cost Options will be subject to the rules of the LTIP and will vest depending on performance against Total Shareholder Return and Earnings per Share targets as measured over a three year performance period.
The normal date of vesting for these Nil Cost Options shall be 8 December 2020 and the last date for exercise shall be 8 December 2027, with dividend equivalents payable in respect of these Nil Cost Options in accordance with the rules of the LTIP.
The Company also announces that on 8 December 2017, the following deferred Nil Cost Options under the ZPG Annual Bonus Plan have been granted to the following three persons discharging managerial responsibilities:
PDMR | Position | Nil Cost Options awarded |
Alex Chesterman
| Chief Executive Officer | 105,051 |
Andy Botha
| Chief Financial Officer | 47,204 |
Mark Goddard | Managing Director, Data Services | 20,875 |
The number of Nil Cost Options awarded has been calculated by reference to the closing market price on 7 December 2017 of £3.276.
The normal date of vesting for these Nil Cost Options shall be 8 December 2020 and the last date for exercise shall be 8 December 2027, with dividend equivalents payable in respect of these Nil Cost Options in accordance with the rules of the Deferred Bonus Plan.
The information set out below is provided in accordance with the requirements of MAR:
Andy Botha
1 | Details of the PDMR / person closely associated
| |||||
a) | Name | Andy Botha
| ||||
2 | Reason for the notification
| |||||
a) | Position/status
| CFO/Director
| ||||
b) | Initial notification/Amendment
| Initial Notification | ||||
3 | Details of the issuer
| |||||
a) | Name
| ZPG Plc | ||||
b) | LEI
| 213800W48XAF3GXE5170 | ||||
4 | Details of the transaction(s):
| |||||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of £0.001
ISIN: GB00BMHTHT14
| ||||
b) | Nature of the transaction | Grant of nil cost share options under a. the ZPG Long Term Incentive Plan; and b. the ZPG Annual Bonus Plan
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
| ||||
e) | Date of the transaction | 8 December 2017
| ||||
f) | Place of transaction | London Stock Exchange
| ||||
Mark Goddard
1 | Details of the PDMR / person closely associated
| |||||
a) | Name | Mark Goddard
| ||||
2 | Reason for the notification
| |||||
a) | Position/status
| MD, Property Services/PDMR
| ||||
b) | Initial notification/Amendment
| Initial Notification | ||||
3 | Details of the issuer
| |||||
a) | Name
| ZPG Plc | ||||
b) | LEI
| 213800W48XAF3GXE5170 | ||||
4 | Details of the transaction(s):
| |||||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of £0.001
ISIN: GB00BMHTHT14
| ||||
b) | Nature of the transaction | Grant of nil cost share options under a. the ZPG Long Term Incentive Plan; and b. the ZPG Annual Bonus Plan
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
|
| ||||
e) | Date of the transaction | 8 December 2017
| ||||
f) | Place of transaction | London Stock Exchange
| ||||
Steve Weller
1 | Details of the PDMR / person closely associated
| |||||
a) | Name | Steve Weller
| ||||
2 | Reason for the notification
| |||||
a) | Position/status
| MD, Comparison Services/PDMR
| ||||
b) | Initial notification/Amendment
| Initial Notification | ||||
3 | Details of the issuer
| |||||
a) | Name
| ZPG Plc | ||||
b) | LEI
| 213800W48XAF3GXE5170 | ||||
4 | Details of the transaction(s):
| |||||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of £0.001
ISIN: GB00BMHTHT14
| ||||
b) | Nature of the transaction | Grant of nil cost share options under the ZPG Long Term Incentive Plan
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| N/A | ||||
e) | Date of the transaction | 8 December 2017
| ||||
f) | Place of transaction | London Stock Exchange
| ||||
Charlie Bryant
1 | Details of the PDMR / person closely associated
| |||||
a) | Name | Charlie Bryant
| ||||
2 | Reason for the notification
| |||||
a) | Position/status
| MD, Data Services/PDMR
| ||||
b) | Initial notification/Amendment
| Initial Notification | ||||
3 | Details of the issuer
| |||||
a) | Name
| ZPG Plc | ||||
b) | LEI
| 213800W48XAF3GXE5170 | ||||
4 | Details of the transaction(s):
| |||||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of £0.001
ISIN: GB00BMHTHT14
| ||||
b) | Nature of the transaction | Grant of nil cost share options under the ZPG Long Term Incentive Plan
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| N/A | ||||
e) | Date of the transaction | 8 December 2017
| ||||
f) | Place of transaction | London Stock Exchange
| ||||
Alex Chesterman
1 | Details of the PDMR / person closely associated
| |||||
a) | Name | Alex Chesterman
| ||||
2 | Reason for the notification
| |||||
a) | Position/status
| CEO/Director
| ||||
b) | Initial notification/Amendment
| Initial Notification | ||||
3 | Details of the issuer
| |||||
a) | Name
| ZPG Plc | ||||
b) | LEI
| 213800W48XAF3GXE5170 | ||||
4 | Details of the transaction(s):
| |||||
a) | Description of the financial instrument, type of instrument
Identification code
| Ordinary shares of £0.001
ISIN: GB00BMHTHT14
| ||||
b) | Nature of the transaction | Grant of nil cost share options under the ZPG Annual Bonus Plan
| ||||
c) | Price(s) and volume(s)
|
| ||||
d) | Aggregated information
- Aggregated volume
- Price
| N/A | ||||
e) | Date of the transaction | 8 December 2017
| ||||
f) | Place of transaction | London Stock Exchange
| ||||
Enquiries:
Ned Staple
General Counsel and Company Secretary
ZPG Plc
The Cooperage
5 Copper Row
London
SE1 2LH