18 Apr 2019 16:55
18 April 2019
NANOCO GROUP PLC
("Nanoco" or the "Company")
NOTIFICATION OF TRANSACTIONS BY DIRECTORS / PDMRs
In accordance with the rules of the Company's 2016 deferred bonus plan, Michael Edelman, CEO of the Company, has exercised 108,181 options over ordinary shares of 10p each in the Company ("Ordinary Shares"), granted in November 2016. In order to cover the associated tax liabilities generated by the exercise of these options, 45,797 of these Ordinary Shares have been sold.
The value of the award and the performance targets achieved that resulted in the award were fully disclosed in the Annual Report and Accounts for the year ended 31 July 2016.
Notification of Dealing Form
1. | Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||||
a) | Name | MICHAEL EDELMAN | ||||||
2. | Reason for the notification | |||||||
a) | Position /status | CHIEF EXECUTIVE OFFICER | ||||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | ||||||
3. | Details of the Issuer | |||||||
a) | Name | NANOCO GROUP PLC | ||||||
b) | LEI code | 213800HOSJEZO1KOCV33 | ||||||
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) | Type of instrument:Identification code | ORDINARY SHARES OF 1O PENCE EACH | ||||||
ISIN: GB00B01JLR99 | ||||||||
b) | Nature of the transaction | Exercise of options over ordinary shares of 10p each in the Company | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: |
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e) | Date of the transaction | 18 April 2019 | ||||||
f) | Place of the transaction | LONDON STOCK EXCHANGE | ||||||
1. | Details of the Person Discharging Managerial Responsibilities ("PDMR") / person closely associated with them ("PCA") | |||||||
a) | Name | MICHAEL EDELMAN | ||||||
2. | Reason for the notification | |||||||
a) | Position /status | CHIEF EXECUTIVE OFFICER | ||||||
b) | Initial notification / amendment | INITIAL NOTIFICATION | ||||||
3. | Details of the Issuer | |||||||
a) | Name | NANOCO GROUP PLC | ||||||
b) | LEI code | 213800HOSJEZO1KOCV33 | ||||||
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) | Type of instrument:Identification code | ORDINARY SHARES OF 1O PENCE EACH | ||||||
ISIN: GB00B01JLR99 | ||||||||
b) | Nature of the transaction | Sale of ordinary shares of 10p each in the Company ("Ordinary Shares") to cover associated tax liabilities in connection with the exercise of options over Ordinary Shares | ||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information: |
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e) | Date of the transaction | 18 April 2019 | ||||||
f) | Place of the transaction | LONDON STOCK EXCHANGE | ||||||
Nanoco (NANO)