Source - RNS
RNS Number : 5780I
Atkins (WS) PLC
31 August 2016
 

Notification and public disclosure of transactions by persons discharging managerial responsibilities

The attached individual notification made under article 19.1 of the Market Abuse Regulation ("MAR") relates to the exercise of an award granted under the terms of the WS Atkins plc Long-term Growth Unit Plan ("LGU") on behalf of a person discharging managerial responsibilities ("PDMR"). This announcement is made in accordance with article 19.3 of MAR.

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Jeffrey Scott Herriman

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Corporate Development 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

 

 

WS Atkins plc

b)

 

LEI

 

 

N/A

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

 

Identification code

 

 

Ordinary shares of 0.5 pence each

 

GB0000608009

 

b)

 

Nature of the transaction

 

 

 

Following the application of a scaleback factor, 2,625 units (market-value options with an 6.67 GBP exercise price) were exercised under the terms of the LGU.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

 

Volume(s)

6.67 GBP

 

2,625

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

2,625

 

 

6.67 GBP

 

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

 

Identification code

 

 

Ordinary shares of 0.5 pence each

 

GB0000608009

 

b)

 

Nature of the transaction

 

 

 

1,167 shares withheld based on share price on exercise (net settlement) to cover the total exercise cost of 17,508.75 GBP (2,625 x 6.67 GBP).

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

 

Volume(s)

15.01 GBP

 

1,167

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

1,167

 

 

15.01 GBP

 

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

 

Identification code

 

 

Ordinary shares of 0.5 pence each

 

GB0000608009

b)

 

Nature of the transaction

 

 

 

An additional 482 shares sold to meet the tax liability due on the exercise of the LGU units.

 

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

 

Volume(s)

15.05 GBP

 

482

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

482

 

 

15.05 GBP

 

 

e)

 

Date of the transaction

 

 

2016-08-26

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

Guy Holden

Company Secretariat

(Responsible for releasing this announcement)

2016-08-31


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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